areadevelopment + automotive-industry   1377

This Thriving City—and Many Others—Could Soon Be Disrupted by Robots - WSJ
Automation might not mean lower employment overall, but it can still take away jobs as it notches gains in productivity
this-week-448  Around-the-web  Matt  automotive-industry  jobs  robotics  workforce  labor 
6 days ago by areadevelopment
Mazda-Toyota skipped N.C., but state still has $1.6 billion up for grabs - Automotive News
In late 2017, North Carolina economic development officials jumped into the competition for a new Mazda-Toyota assembly plant in a big way.
this-week-448  Around-the-web  Matt  north-carolina  south-atlantic  economic-development  site-selection  taxes-incentives  automotive-industry  alabama  south 
7 days ago by areadevelopment
GM transition portends conflict ahead - The Detroit News
General Motors Co.’s plan to idle, and try to close, five North American plants this year is hurtling toward a titanic battle to determine the direction of the auto industry as this town knows it.
this-week-449  Around-the-web  Matt  detroit  midwest  Michigan  automotive-industry  manufacturing  jobs  economic-development 
11 days ago by areadevelopment
GM plant closings will hit parts suppliers far and wide - MSN
The sting from a major restructuring at General Motors and its planned closings of five North American factories in the coming months is putting thousands of jobs at auto parts suppliers at stake, as well.
this-week-448  Around-the-web  Matt  GM  General-Motors  automotive-industry  jobs  supply-chain  manufacturing 
14 days ago by areadevelopment
It Starts with Labor: The Importance of Labor Analysis in Automotive Site Selection - Colliers International
The automotive industry has been growing steadily since the automotive industry crisis of 2008-2010, and the worldwide outlook is one of continued growth.
this-week-448  Around-the-web  Matt  automotive-industry  site-selection  economic-development  workforce  labor 
17 days ago by areadevelopment
Tesla's Challenge: Leaving Behind The Lap Of Luxury - NPR
Tesla is finally making a profit. For the first time, the California-based electric carmaker has posted two quarterly profits in a row.
this-week-448  Around-the-web  Matt  tesla  automotive-industry  manufacturing  electric-car  electric-vehicle 
18 days ago by areadevelopment
Execs Say USMCA Beneficial But Expect Higher Production Costs - IndustryWeek
Forty-one percent believe production costs will increase by 10% over the next three years, and a significant number (26%) believe the increase could be 25% or more.
Around-the-web  Matt  automotive-industry  manufacturing  this-week-447 
5 weeks ago by areadevelopment
Musk, GM weigh fate of Ohio plant Trump wants saved - Reuters
Musk suggested in a Twitter exchange with outgoing Ohio Governor John Kasich that he would consider acquiring GM’s Lordstown small-car factory in Warren, Ohio, which GM has signaled it could close next year.
GM  automotive-industry  ohio  tesla  Around-the-web  this-week-445 
7 weeks ago by areadevelopment
Factory town no more -
It’s no surprise that the number of people working in manufacturing in Kenosha County has declined since the closing of the Chrysler Assembly Plant in 1988.

Nationally, the manufacturing workforce has declined over the last three decades as some factories moved to lower-cost countries while those production facilities that remained becoming increasingly automated, employing fewer workers.
factories  factory-towns  automotive-industry  u.s.-manufacturing  wisconsin  Around-the-web  this-week-445 
7 weeks ago by areadevelopment
An expansive Ford, VW alliance could echo across global auto industry - CNBC
Barring a last-minute hitch, two of the world's largest automakers plan to announce a far-reaching alliance shortly after the new year, one that will cover a wide swath of territory and a broad range of technologies, new and old.
this-week-444  Around-the-web  Matt  automotive-industry  tech  technology  high-tech 
9 weeks ago by areadevelopment
GM fights government to retain tax credit for electric cars - The Associated Press
General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker contends with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers.
this-week-444  Around-the-web  Matt  GM  automotive-industry  taxes-incentives 
10 weeks ago by areadevelopment
Innovation is a key differentiator among auto companies - Industrial Insights - PwC
To gain further insights we surveyed a sample of leaders and managers to find out about their innovation efforts. Our analysis revealed that both the high-leverage innovators and the larger universe of companies that report relatively high performance share the following six key characteristics...
innovation  research&development  applied-research  automotive-industry  this-week-444  Around-the-web 
10 weeks ago by areadevelopment
GM plant closing in Lordstown begs question; what’s next? - Curbed
The GM shutdown in Lordstown, Ohio, underlines why we need a coordinated, national program to help communities disrupted by economic shifts
GM  ohio  automotive-industry  Around-the-web  this-week-443 
11 weeks ago by areadevelopment
Automakers in the crosshairs as Democrats head for Congress - CNBC
Sometime in the coming weeks, the Trump Administration will announce final plans for rolling back the Corporate Average Fuel Economy, or CAFE, standards considered one of the signature accomplishments of the preceding Obama White House.
this-week-441  Around-the-web  Matt  automotive-industry  trade  trade-agreements  government-policy  supply-chain  business-globalization 
november 2018 by areadevelopment
Volvo’s new plant in South Carolina was almost built In Virginia 45 years ago - Virginian-Pilot
Today, Volvo Parkway in the Greenbrier section of Chesapeake is all that remains of what could have been Volvo’s U.S. manufacturing hub, one that now resides in Charleston.
virgina  south-carolina  port-of-virginia  volvo  automotive-industry  Around-the-web  this-week-442 
november 2018 by areadevelopment
How the Shift to IT-Enabled Vehicles Plays to America’s Competitive Strengths - ITIF
Connected and autonomous vehicles rely on IT hardware and software, an area where the United States has a competitive advantage globally. Congress and the administration should help U.S. industry press that advantage not with auto tariffs, but with more robust innovation policies.
competitiveness  automotive-industry  autonomous-vehicles  internet-of-things  Around-the-web  this-week-440 
october 2018 by areadevelopment
From Honda to Volvo: New U.S. auto transplant transcends tariffs - The Detroit News
Learning from successful Japanese and European manufacturers over four decades of expansion, Volvo’s Charleston plant is the 17th non-union transplant to embrace American-made production advantages: lower costs, expanded global capacity, massive supplier infrastructure and proximity to the richest auto consumers in the world.
south-carolina  organized-labor  right-to-work  labor-costs  cost-of-doing-business  business-climate  fdi-USA  volvo  automotive-industry  Around-the-web  this-week-439 
october 2018 by areadevelopment
Alabama Checked All the Boxes to Land $1.6B Toyota-Mazda Plant - Area Development
By providing a large parcel of land ready for development, a skilled workforce, cooperative and responsive local resources, and competitive incentives, Alabama was able to land another high-profile auto manufacturer.
alabama  area-development-features  automotive-industry  economic-development  site-selection  manufacturing  toyota  mazda 
october 2018 by areadevelopment
Automotive Manufacturers Thriving in Central, Southern Indiana and Southeastern Illinois - Area Development
With its proximity to large industrial markets and an established workforce, the region served by the 18 electric distribution cooperatives of Hoosier Energy has been found to provide an economic climate ready to support automotive businesses.
area-development-features  Matt  indiana  illinois  midwest  automotive-industry  manufacturing  economic-development  site-selection 
october 2018 by areadevelopment
Automakers seek new ways to collaborate and innovate - Industrial Insights - PwC
New investments into electrification, autonomy and mobility are being announced almost daily it seems, and those investments are remaking the auto industry. Carmakers today face a serious dilemma – if they don’t invest substantially in electric and self-driving technology, they won’t curry favor with Wall Street. But as they continue to sink more dollars into these technologies, they risk wasting billions as the electric vehicle (EV) segment to-date remains unprofitable.
automotive-industry  this-week-438  Around-the-web  electric-vehicle  autonomous-vehicles  industry-reports 
october 2018 by areadevelopment
Kentucky Aluminum Supplier to the Auto and Aero Industries Teams with Local College to Develop a Skilled Workforce - Area Development
To ensure its workforce is equipped with the necessary skills upon opening in 2020 in northeastern Kentucky, Braidy Industries has partnered with Ashland Community and Technical College (ACTC) to offer the Advanced Integrated Technology (AIT) degree track.
area-development-features  Matt  kentucky  south  automotive-industry  Aerospace  manufacturing  workforce  skilled-labor 
october 2018 by areadevelopment
Building a Framework for Automotive Success in Mississippi - Area Development
Since 200, Toyota has investment more than $1 billion in Mississippi, with production of the 12th-generation Corolla slated to begin next year.
area-development-features  Matt  mississippi  south  automotive-industry  manufacturing  economic-development  site-selection  toyota 
october 2018 by areadevelopment
Companies in Virginia’s I-81/I-77 Region Partner With Colleges to Design Customized Training Programs - Area Development
Virginia’s I-81/I-77 region’s manufacturing base of automotive-related and other high-tech companies is taking advantage of its ability to mobilize and customize workforce development programs.
area-development-features  Matt  virginia  south-atlantic  automotive-industry  high-tech  innovation  workforce  workforce-development  workforce-training  labor  skilled-labor 
october 2018 by areadevelopment
Competitive R&D Ecosystems, Quality Workforce Draw Auto Companies to Ontario - Area Development
Companies like Toyota have been choosing Ontario for new investments for a variety of compelling reasons, including the quality of the workforce and a very favorable tax treatment of R&D activities.
area-development-features  Matt  ontario  central-canada  location-canada  canada  economic-development  site-selection  manufacturing  automotive-industry 
october 2018 by areadevelopment
Canada, U.S. reach tentative NAFTA deal; Trump approves pact - The Globe and Mail
Canada and the U.S. have reached a tentative deal to overhaul the North American free-trade agreement after intensive weekend talks, trading access to Canada’s protected dairy market for the preservation of a key dispute-resolution system and exemption from threatened auto tariffs.
this-week-437  Around-the-web  Matt  canada  location-canada  NAFTA  trade  trade-agreements  exports  trump  automotive-industry  sfp-insider-10-26-2018 
october 2018 by areadevelopment
Employees and other dignitaries are celebrating the start of the production of the new 2019 Nissan Altima during a ceremony at  the Vehicle Assembly Plant in Canton. Nissan Motor Company says it invested an additional $170 million at the plants in Mississippi and Tennessee- the only two sites in the U.S. tasked with building the sixth generation sedan.
mississippi  nissan  Around-the-web  this-week-437  automotive-industry 
september 2018 by areadevelopment
Site Selection Stories: Toyota/Mazda, Part 3 - JLL Chicago Blog
Life after the decision. When the news broke in January, Toyota Mazda’s new auto plant was lauded by Corporate America and politicians alike.
this-week-435  Around-the-web  Matt  automotive-industry  manufacturing  economic-development  site-selection  taxes-incentives  jobs  site-selection-consultants  mazda  toyota  insider-10-5-2018 
september 2018 by areadevelopment
Is the Automotive Aftermarket Immune to E-Commerce? - Area Development
Auto parts suppliers are responding to the growth in e-commerce with a multi-pronged strategy, from the expansion of retail locations to the addition of regional and “mega” distribution hubs.
area-development-features  Matt  automotive-industry  e-commmerce  ecommerce  supply-chain  manufacturing  retail  retail-industry  distribution  distribution-centers  distribution-facility  fulfillment-center  amazon  site-selection  economic-development 
september 2018 by areadevelopment
Automakers Enter the Circular Economy - Area Development
Industrial companies, including automotive firms, are among those reinventing how businesses find, use, and dispose of the resources and materials that make up global trade.
Matt  area-development-features  automotive-industry  manufacturing  economic-development  site-selection  sustainable-development  sustainability 
september 2018 by areadevelopment
U.S.-Mexico deal 'much better than the original NAFTA' for auto industry - BNN
Jerry Dias, national president of Unifor, tells BNN Bloomberg why the trade deal reached by the U.S. and Mexico is a good start for Canada's auto industry.
this-week-435  Around-the-web  Matt  NAFTA  mexico  automotive-industry  trade  trade-agreements  business-globalization  sfp-insider-10-26-2018 
august 2018 by areadevelopment
Nissan invests $170 million in U.S. assembly plants to build all-new Altima - Automotive World
Nissan North America has announced a $170 million investment in its Smyrna, Tennessee and Canton, Mississippi assembly plants to support production of the 2019 Altima.
automotive-industry  industry-reports  nissan  mississippi  Tennessee  Around-the-web  facility-expansion  this-week-435 
august 2018 by areadevelopment
Automated vehicles will create a shift in workforce demands - MSUToday - Michigan State University
Due to existing truck driver worker shortages, and the belief that automated technology will largely support truck drivers instead of replacing them, truck drivers are not likely to be displaced in large numbers.
automotive-industry  workforce-training  freight-logistics  trucking  autonomous-vehicles  Around-the-web  this-week-434 
august 2018 by areadevelopment
Michigan Central Station project in Corktown to cost Ford $740M - Detroit Free Press
Ford will spend nearly $740 million to renovate the Michigan Central Station and other sites the automaker purchased in Detroit's Corktown neighborhood, the company said Tuesday night.
this-week-433  Around-the-web  Matt  Ford  automotive-industry  detroit  Michigan  midwest  real-estate  urban-planning  urban-revitalization 
august 2018 by areadevelopment
In Focus: Examining Commerce’s Misguided Auto Imports Investigation - Area Development
With international auto companies responsible for more than three quarters of U.S. auto manufacturing job growth from 2010 to 2015, an examination of foreign imports as a threat to national security may just backfire.
area-development-features  Matt  automotive-industry  manufacturing 
august 2018 by areadevelopment
Fuel Economy Freeze Will Leave U.S. Auto Industry in the Dust - Detroit Free Press
The car as Americans have known it since the days of Henry Ford is about to be transformed. That is the consensus of industry leaders. Fiat-Chrysler CEO Sergio Marchionne predicts that “carmakers have less than a decade to reinvent themselves.”
automotive-industry  industry-reports  government-policy  green-economy  autonomous-vehicles  electric-vehicle  energy-efficiency  energy-costs  u.s.-manufacturing  Around-the-web  this-week-433  insider-10-5-2018 
august 2018 by areadevelopment
Ford is deploying exoskeletons in 15 of its factories around the world - MIT Technology Review
The automaker is testing whether productivity gains among workers who wear the strength-boosting suits make the technology cost-effective.
shop-floor  industry4.0  Around-the-web  automotive-industry  this-week-432 
august 2018 by areadevelopment
3D Printing: A Game-Changer for the Automotive Manufacturing Industry - Area Development
Automotive 3D printing has been experiencing phenomenal growth and is affecting the industry’s design, development, manufacturing, and distribution processes.
area-development-features  Matt  automotive-industry  manufacturing  3D-printing  additive-manufacturing  advanced-manufacturing 
july 2018 by areadevelopment
G.M. Says New Wave of Trump Tariffs Could Force U.S. Job Cuts - The New York Times
General Motors warned Friday that if President Trump pushed ahead with another wave of tariffs, the move could backfire, leading to “less investment, fewer jobs and lower wages” for its employees.
this-week-340  Around-the-web  Matt  GM  General-Motors  automotive-industry  trade  trade-agreements  jobs  trump  government-policy 
july 2018 by areadevelopment
Volvo reveals first-ever American-made car at newly-christened US plant -
Volvo both introduced its first-ever American-made car and its first U.S.-based manufacturing facility on Wednesday, June 20. The automaker revealed its all-new S60 luxury sedan, which will be built at the new manufacturing plant outside of Charleston, South Carolina.  

The Swedish automaker says the moves are representative of its commitment to the U.S. market, which it calls "an important market for the company and its new sedan.
volvo  automotive-industry  south-carolina  Around-the-web  this-week-430  insider-10-5-2018 
june 2018 by areadevelopment
Opinion: Foreign Carmakers in the U.S. - The New York Times
There are 12, soon to be 14, auto manufacturers producing cars in the United States. The American employees of international companies (excluding Ford, G.M., Fiat Chrysler) manufacture half of all American-made vehicles and export about a million American cars every year.
automotive-industry  business-globalization  fdi-USA  Around-the-web  this-week-429  opinion  sfp-insider-7-25-2018 
june 2018 by areadevelopment
Inside Tesla’s Model 3 Factory - Bloomberg
If Elon Musk can make this dance of robots and people work, it will change how cars are made.
shop-floor  tesla  automotive-industry  gigafactory  Around-the-web  Reno  Nevada  this-week-428 
june 2018 by areadevelopment
The Future of American Manufacturing - Popular Mechanics
For this special report, we surveyed 26 of the largest manufacturers in the country—and a few smaller ones, because their perspective is important—for their thoughts, concerns, and predictions. Their answers to 11 big questions tell us a lot about what lies ahead.
Around-the-web  this-week-426  automotive-industry  u.s.-manufacturing  executive-surveys 
may 2018 by areadevelopment
Tomorrow’s Factories Will Need Better Processes, Not Just Better Robots - HBR
There’s no doubt that the auto industry will continue to vigorously pursue automation solutions to lower the cost of producing cars. But the reality is that any major leap forward on cost and efficiency will no longer be possible through automation alone, since most of the tasks that can be automated in an automotive factory have already been tackled.
automotive-industry  automation  shop-floor  industry4.0  Around-the-web  this-week-424-top  sfp-insider-5-24-2018 
may 2018 by areadevelopment
Mahindra’s giant leap into Detroit
After an unsuccessful attempt to enter the U.S. auto market as an import-only diesel pickup brand in 2010, India's Mahindra & Mahindra has come back with a different plan: It will launch U.S. vehicle manufacturing at ground zero of the American auto industry. It is a rare play for an automaker wanting to get into the U.S. market.
fdi-USA  location-USA  mahindra  detroit  automotive-industry  Around-the-web  this-week-424-top  sfp-insider-7-25-2018 
may 2018 by areadevelopment
Carmakers Are Making Tons of Cash by ‘Trimming Up’ - Bloomberg
Some people want to pay $41,000 for a boring hatchback filled with pricey extras.
this-week-424  Around-the-web  Matt  automotive-industry 
may 2018 by areadevelopment
GM Builds Driverless, Electric Future at MI Plant - Assembly Magazine
A General Motors Co. manufacturing plant in Metro Detroit that was idled during the Detroit automaker’s federally induced bankruptcy is now one of the keys to GM’s future, reports The Detroit News. Orion Assembly is one of two plants where GM is investing $100 million in total to retool for Cruise AV production. The other is the Brownstown battery assembly plant, where roof modules for the Cruise AV are built.
GM  detroit  autonomous-vehicles  electric-vehicle  industry-reports  automotive-industry  Around-the-web  this-week-423 
may 2018 by areadevelopment
The auto plants of the future may have a surprisingly human touch - Reuters
Carmakers have big plans for their next generation of factories: smarter designs, artificial intelligence and collaborative robots building a wide range of vehicles on the same line. The plants will also feature a component they say is the secret ingredient to flexible manufacturing: humans.
automotive-industry  shop-floor  skilled-labor  automation  industry4.0  Around-the-web  this-week-422-top 
april 2018 by areadevelopment
Inside Toyota's Giant Kentucky Factory: Japanese Production Techniques, Made In America - Forbes
Toyota brought the idea of lean production to the world in the form of the Toyota Production System. For some perspective on the significance of this system, it is useful to look at a little history.
this-week-421  Around-the-web  Matt  toyota  automotive-industry  manufacturing  advanced-manufacturing  kentucky  south 
april 2018 by areadevelopment
China’s Built a Road So Smart It Will Be Able to Charge Your Car - Bloomberg
The road to China’s autonomous-driving future is paved with solar panels, mapping sensors and electric-battery rechargers as the nation tests an “intelligent highway” that could speed the transformation of the global transportation industry.
this-week-420  Around-the-web  Matt  china  autonomous-vehicles  automotive-industry  infrastructure  technology  tech  high-tech  transportation-industry 
april 2018 by areadevelopment
Car Makers Step Back From Cars - WSJ
GM to stop production of the Chevrolet Sonic, Ford plans to end U.S. sales of Fiesta and Taurus amid Detroit’s broader exodus from passenger cars
automotive-industry  Around-the-web  this-week-419 
april 2018 by areadevelopment
Daimler, BMW Reach a Deal to Merge Car-Sharing Units - Bloomberg
Daimler AG and BMW AG plan to merge their car-sharing operations as the world’s biggest luxury-vehicle makers team up to take on ride-hailing providers such as Uber Technologies Inc.
this-week-418  Around-the-web  Matt  automotive-industry  BMW  daimler  uber  cities 
march 2018 by areadevelopment
Inside Toyota Connected, an automaker's Plano-based answer to Silicon Valley - Dallas News
Unemployment in the state’s capital is effectively nonexistent, and STEM credential-wielding young workers are Texas’ most sought-after resource.
this-week-417  Around-the-web  Matt  texas  southwest  automotive-industry  STEM  toyota  tech  high-tech  technology 
march 2018 by areadevelopment
Playboy Article: Detroit is "Silicon Valley of Smart Mobility Tech" - Xconomy
We’ve all heard the cliche about reading Playboy only for its articles, but it turns out that the magazine really does have some stellar reporting. On Monday, Playboy posted an article that brings some validation to southeast Michigan’s role in the development of autonomous vehicles.
detroit  autonomous-vehicles  mobility-tech  industry-clusters  automotive-industry  Metros  Around-the-web  this-week-417 
march 2018 by areadevelopment
GM to make production versions of self-driving Cruise AVs in Michigan - Automotive News
General Motors said on Thursday it will invest more than $100 million in two facilities as it prepares to build production versions of its Cruise self-driving car next year at its Orion Township assembly plant in Michigan.
automotive-industry  autonomous-vehicles  General-Motors  Michigan  Around-the-web  this-week-417 
march 2018 by areadevelopment
Steel Tariffs Could Crunch Foreign Carmakers In The U.S. South - NPR
Mercedes Benz USA showed off its new headquarters in Atlanta - all in the midst of a possible trade war that could affect the car industry in the South, which has become a truly global car market.
automotive-industry  regional-reports  south  Georgia  Tennessee  steel-industry  free-trade-agreements  foreign-trade-policy  germany  mercedes-benz  government-policy  Around-the-web  this-week-417 
march 2018 by areadevelopment
Reconnecting the rural: Autonomous driving - Roland Berger
The current debate around autonomous driving tends to focus on its potential impact in cities. We think that the perspective should be broader: Self-driving vehicles could be the key to reconnecting the countryside, part of the mobility solution for people living in rural areas.
rural-economic-development  rural-economy  automotive-industry  autonomous-vehicles  Around-the-web  this-week-416 
march 2018 by areadevelopment
Volkswagen Plans 16 Production Sites For Electric Cars - The Drive
Volkswagen has talked a big game when it comes to introducing new electric cars, but now the automaker is setting up the production infrastructure to make that happen. VW claims it will have 16 production sites for electric cars in operation by the end of 2022.
this-week-416  electric-car  electric-vehicle  automotive-industry  volkswagen  site-selection  economic-development  manufacturing  location-USA  FDI 
march 2018 by areadevelopment
Uber self driving trucks now deliver in Arizona - USA TODAY
Uber has been sending self-driving trucks on delivery runs across Arizona since November, the first step in what promises to be a freight transportation revolution that could radically reshape the jobs of long-haul truckers.
this-week-415  Around-the-web  Matt  uber  trucking  supply-chain  logistics  autonomous-vehicles  high-tech  technology  tech  automotive-industry 
march 2018 by areadevelopment
Smart trucks are going to need smarter roads…and smarter workers - PwC Industrial Insights
as it turns out, better AI isn’t necessarily top-of-mind for businesses assessing the potential benefits of autonomous vehicles. While 69% of respondents in a survey by PwC and the Manufacturing Institute said technological immaturity was the biggest barrier to adoption of autonomous trucks, that’s not where they see the biggest need for investment in the space. Instead, more businesses who participated in our study (64%) would like to see increased funding for smart infrastructure than greater investment in AI, sensors, or vehicle-to-vehicle communications.
automotive-industry  autonomous-vehicles  infrastructure  executive-surveys  Around-the-web  logistics  freight-logistics  trucking  this-week-414 
march 2018 by areadevelopment
Can a defunct factory return to relevance? - Autoweek
The auto industry has a long history of finding new uses for old manufacturing sites. Auto plants have been changing owners and uses since Henry Ford rented a wagon factory on Detroit's Mack Avenue in 1903 to start assembling his Model A.
this-week-414  Around-the-web  Matt  detroit  Michigan  midwest  automotive-industry  site-selection  economic-development  industrial-real-estate  manufacturing  sfp-insider-5-24-2018 
march 2018 by areadevelopment
Automotive Minute: BMW repeats as largest U.S. automotive exporter - Atlanta Business Chronicle
Utilizing ports across the southern United States, BMW Manufacturing exported 272,346 BMW X models from their Spartanburg, South Carolina plant. BMW Manufacturing reports that nearly 87 percent of those were exported through the Port of Charleston with a U.S. Department of Commerce estimated export value of approximately $8.76 billion. Those numbers represent 16 percent of the total U.S. market share.
global-supply-chain  port-of-charleston  freight-logistics  automotive-industry  south-carolina  BMW  this-week-413  Around-the-web 
february 2018 by areadevelopment
Tesla Wants to Be the World's Best Manufacturer - Motley Fool
Despite its initial challenges in becoming a high-volume automaker, Musk said in the most recent earnings call that he thinks Tesla is "swiftly exiting" hell. Furthermore, it's still betting it will be the world's best automotive manufacturer.
Around-the-web  Matt  tesla  manufacturing  advanced-manufacturing  automotive-industry  electric-car 
february 2018 by areadevelopment
Big incentive package grew bigger over time - Winston-Salem Journal
Over several weeks, North Carolina's proposed package of incentives grew from $600 million to more than $1.5 billion in cash, training and savings on taxes — almost the total cost of the factory.
this-week-412  Around-the-web  Matt  taxes-incentives  toyota  mazda  automotive-industry  manufacturing  location-USA  FDI  economic-development  site-selection  jobs  workforce  north-carolina  south-atlantic  alabama  south 
february 2018 by areadevelopment
Opinion: Harley-Davidson is closing its KC plant. Who's to blame? - The Kansas City Star
Keeping existing companies often attracts less attention. The Kansas City Harley-Davidson plant, with 800 workers, slipped through everyone’s fingers.
missouri  kansas-city  harley-davidson  plant-closings  opinion  Around-the-web  this-week-411  automotive-industry  industry-reports 
february 2018 by areadevelopment
Kia Motors : Hyundai Motor Group pledges 45,000 hires, $22 billion investment over five years - 4-Traders
A man walks past a gate of the Hyundai Motor Co plant in Beijing
South Korea's Hyundai Motor Group pledged to hire about 45,000 people over the next five years amid an emphasis on jobs by the government, but analysts doubted if the conglomerate would meet the goal as it was eyeing cost cuts to counter sluggish sales.
this-week-410  Around-the-web  Matt  automotive-industry  location-USA  jobs  economic-development  site-selection  manufacturing 
january 2018 by areadevelopment
Is Alabama now the auto capital of the South? -
The addition of a highly sought-after manufacturing plant, featuring the world's largest auto company, is also part of several stories: The South's continuing ascendancy into international auto manufacturing, current global economic politics and the future of the auto industry.
this-week-410  Around-the-web  automotive-industry  toyota  mazda  business-globalization  industry-clusters  industry-reports  regional-reports  south 
january 2018 by areadevelopment
Robots don’t have to win: Michigan has what it takes to create jobs - Bridge Magazine
One hundred years ago Michigan was that era’s Silicon Valley. Here, inspired tinkerers and immigrant entrepreneurs built the prototypes and created the processes that launched America’s economic dominance of the 20th Century. We put the world on wheels, invented assembly line manufacturing, created whole new products and industries making cars, chemicals, cereals, machinery, furniture, appliances and retail stores.
economic-development-news  detroit  Michigan  automotive-industry  regional-reports  Around-the-web  this-week-410 
january 2018 by areadevelopment
Toyota, Mazda walked away from $1.5 billion incentive package from NC -
The announcement — made by Alabama's governor and leaders of both car companies in Huntsville, the site of the new plant — was anticlimactic: News of the deal was leaked late Tuesday and spread like wildfire, stunning local and state leaders, some of whom admitted they were caught by surprise.
this-week-309  Around-the-web  Matt  manufacturing  location-USA  automotive-industry  economic-development  site-selection  taxes-incentives  north-carolina  alabama  south  south-atlantic  jobs  advanced-manufacturing  skilled-labor  toyota  mazda 
january 2018 by areadevelopment
Toyota and Mazda Select Alabama for New Auto Factory - Bloomberg
Alabama edged out North Carolina as the winner in a multi-state contest for a prized Toyota Motor Corp. and Mazda Motor Corp. joint car factory worth $1.6 billion, a person familiar with the negotiations said.
this-week-309  Around-the-web  Matt  alabama  north-carolina  south  south-atlantic  economic-development  site-selection  automotive-industry  location-USA  manufacturing  advanced-manufacturing  jobs  workforce  taxes-incentives  toyota  mazda 
january 2018 by areadevelopment
This Electric Truck Will Probably Beat Tesla’s to Market - Bloomberg
For the moment, the startup is more of a vehicle customizer than a true manufacturer. It rips the diesel motor and related innards out of an existing vehicle and replaces them with an electric motor and batteries.
this-week-407  Around-the-web  Matt  tesla  electric-vehicle  logistics  startup  automotive-industry  batteries 
december 2017 by areadevelopment
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