In this second report on Changing lanes: the automotive C-suite’s agenda for 2013-14, Ernst & Young’s Global Automotive Center looks at internal challenges facing carmakers and suppliers. The team says companies must fundamentally rethink their approach to business to thrive...
Coping with an inherently more volatile global auto market will require more flexible planning and a better ability to discern shifting consumer demands, according to Changing lanes: the automotive C-suite’s agenda for 2013-14, a new report from Ernst & Young....
China offers more car brands than any other national market, and they were all on display at this year’s Shanghai auto show in April. AutoBeat Group Publisher Bill Hampton offers highlights.
U.S. employers need a multi-media communications strategy to explain how their “pay or play” decision about next year’s health care reform will affect employees. In this video, Towers Watson communication consultants Pam Collins and Rebecca Duff-Campbell predict that employees will...
TRW Automotive Holdings Corp. counts virtually every significant carmaker as a customer. The company is best known for its active and passive safety systems, but its portfolio includes many other products too. Giorgio Marsiaj, president of TRW Automotive Italy, notes...
Under health care reforms that take effect on Jan. 1, U.S. employers and employees will have two ways to approach health care coverage, notes Dave Osterndorf, chief health care actuary for Towers Watson. One option is through public exchanges set...
A surge in new product and new-vehicle updates will challenge carmakers in 2013, according to Mike Hanley, Global Automotive Leader for Ernst & Young. More than 300 of these introductions will be in North America. Hanley says those who can...
Car and light-truck sales in Europe are likely to fall to 11.5 million units this year from more than 12 million in 2012, says Anil Valsan, the London-based Lead Automotive Analyst for Ernst & Young. He notes that sales in...
A flood of regulatory guidance has come out of Washington in recent months as U.S. health care reforms prepare to launch next Jan. 1. Among them are guidelines about what employers must offer their employees, how to identify “full-time”...
The Geneva auto show kicks off the new year in Europe. But it’s never been a good indication of how sales will shape up in the region. As AutoBeat Group Publisher Bill Hampton reports, Geneva is all about exotic style...
Companies in the global automotive sector are backing away from big M&A deals and focusing on such fundamentals as cost control, risk management and capital allocation, according to the latest Ernst & Young Automotive Capital Confidence Barometer. Jim Carter, the...
For decades the U.S. auto industry was a poster child for bad products and poor management decisions. And rightly so, says AutoBeat Group Publisher Bill Hampton. But that’s old news. American carmakers have transformed over the past five years into...
The CEOs of global supplier companies believe it will take as long as five years for Europe to overcome its overcapacity problems, according to Neil De Koker, founding president and CEO of the Original Equipment Suppliers Assn. The biggest challenge,...
In 1970 there were two “megacities” with more than 10 million inhabitants. Today there are 23, and by 2025 there will be 37, says Ernst & Young Global Automotive Leader Mike Hanley. Hanley cites a new Ernst & Young analysis...
Last year, light-vehicle production in North America surged to 15.3 million units from an expected volume of 13.8 million. Neil De Koker, founding president and CEO of the Original Equipment Suppliers Assn. says suppliers expect continued growth in 2013 and...
Brembo, perhaps the world’s best-recognized name in high-performance brakes, supplies calipers and discs for such cars as the 2014 Chevrolet Corvette. But it also has been expanding into higher-volume mass-market vehicles. Last year the Italian company’s sales climbed more than...
Foreign companies operating in China face an ever-shifting set of legal and political boundaries, notes Dykema international counselors Julia Zhu and Dick Goetz. They also point out that enforcing contracts in China may be difficult, because judgments are enforced by...
Canada-based Linamar Corp. produces machined components for vehicle powertrains. But the company also began a decade ago to expand into other industries and regions. CEO Linda Hasenfratz says the company’s successful diversification strategy follows three principles: Stay within your areas...
The North American auto industry enters 2013 on strong sales and growing interest in acquisitions, according to Dykema Automotive Institute’s 2012 State of the Automotive Industry survey. But the law firm’s study also finds vehicle manufacturers and their suppliers increasingly concerned about...
Diesel exhaust gas recirculation systems reduce the formation of harmful oxides of nitrogen by lowering the temperature in the engine combustion chamber. EGR is especially critical for big diesel engines because they operate at higher combustion pressures and with a more...
| S&P 500 | 1655.35 | ||
| NASDAQ | 3498.965 | ||
| American Axle & M | 16.76 | ||
| Autoliv, Inc. Com | 77.74 | ||
| Borgwarner Inc. C | 82.68 | ||
| Cummins Inc. Comm | 117.50 | ||
| Cooper Tire & Rub | 25.67 | ||
| Daimler Ag | 63.08 | ||
| Dana Holding Corp | 18.53 | ||
| Dassault Systeme | 119.00 | ||
| Delphi Automotive | 48.77 | ||
| Denso Corp Ltd Ad | 23.30 | ||
| Eaton Corporation | 68.88 | ||
| Federal-mogul Cor | 9.38 | ||
| Fiat Spa Ads | 6.90 | ||
| Ford Motor Compan | 14.97 | ||
| General Motors Co | 33.23 | ||
| The Goodyear Tire | 14.50 | ||
| Honda Motor Compa | 41.27 | ||
| Johnson Controls, | 37.38 | ||
| Lear Corporation | 60.58 | ||
| Magna Internation | 65.57 | ||
| Meritor, Inc. Com | 6.95 | ||
| Navistar Internat | 37.43 | ||
| Nissan Mtr Spon A | 23.40 | ||
| Paccar Inc. | 54.12 | ||
| Penske Automotive | 32.21 | ||
| Tenneco Inc. Comm | 42.62 | ||
| Toyota Motor Corp | 127.84 | ||
| Tower Internation | 19.73 | ||
| Trw Automotive Ho | 61.54 | ||
| Visteon Corporati | 63.77 |