Lightweighting Summit Registration Now Open
Make plans to attend SAA’s 3rd Annual Automotive Lightweighting Summit which will once again be held at the Federal Reserve Bank in Detroit.
Macro and regulatory factors continue to press the industry for new innovative solutions, which are reshaping traditional business models. Hear from some of the leading stakeholders across the value chain, including remarks from the CEO of Braidy Industries on how this new and innovative company promised to disrupt existing frameworks.
This year’s expanded speaker line-up will include representatives from suppliers, OEMs, mills, leading consultants and more.
The Summit will also feature a newly launched lightweighting innovation award and lunch for additional networking opportunities.
Save the Date:
December 4, 2018 – Toyota Tech Center Tour and Presentation
January 13, 2018 – Automotive Outlook Conference
Trade Resolution May Help, But Won't Fix, Auto Industry Decline, Analyst Says
A resolution of global trade tensions would help the auto industry but not halt its decline, James Albertine of Consumer Edge Research tells CNBC. Emissions standards and waning consumer demand are making "this one of the most difficult operating environments for [original equipment manufacturers] in recent years," he writes in a note.
Applying Operational PDCA to Trade and Tariff Risk
Source: Plante Moran
NAFTA negotiations are proceeding, and additional tariffs are being considered on Chinese products related to Section 301 actions and the automotive Section 232 investigation. Here’s how business leaders can stay ahead of uncertainty related to trade and tariff risk.
Will Trump's NAFTA Deal Benefit Automakers?
Last week, the Trump administration concluded a preliminary agreement with Mexico, which will replace the North American Free Trade Agreement (NAFTA). In recent weeks, automakers and suppliers were alarmed by the Trump administration's demands for trade concessions from Mexico.
Such concessions could have raised manufacturing costs by billions of dollars, they feared. But now, they are likely to be largely relieved. Though details of the deal are still awaited, industry watchers think most companies will be able to comply with the conditions that have been revealed so far.
NAFTA and the Auto Industry
Analyst Paul Eisenstein of car industry site The Detroit Bureau speaks with NPR's Melissa Block about the automotive supply chain and how sweeping changes to NAFTA would affect car makers.
Auto OEMs Look to New Braidy Industries Mill in Kentucky to Ease Aluminum Shortage
The auto industry's challenge is Craig Bouchard's opportunity. Orders for formed aluminum sheet products from his company's new rolling mill in Ashland, Kentucky, through 2026 were already at 140 percent of output that's expected when the $1.6 billion facility opens in 2020.
Then President Trump slapped tariffs on imported aluminum, and Bouchard said that purchasers' subscription level now stands at 200 percent. "We got a hyper-boost from tariffs," the CEO of Braidy Industries told me. "All of the car companies bought us. There's already a shortage of aluminum in North America" as OEMs push to "lightweight" their vehicles in every way possible. "This is going to be the first aluminum-rolling mill designed specifically for the auto industry."
(NOTE: Craig Bouchard is the keynote speaker at the Oct. 24 Automotive Lightweighting Summit)
Can Auto Industry Resolve Hot Car Issue?
Source: Ward’s Auto
More than 830 children have been killed by vehicular heatstroke since 1990. The vehicle, working with sensors, could automatically turn on the air conditioning and send a call for help if anyone is trapped inside.
What are the Best and Worst Car Brands in the U.S. in 2018?
Source: USA Today
As auto sales hit their first slow period in years and margins are down, automakers must rely more on their reputations for quality and reliability to keep sales at current levels. According to the latest results of a highly regarded poll on auto industry customer satisfaction released Tuesday, some brands are better able to deliver a positive customer experience.
Some Auto Industry Suppliers are Worried About Tesla Going Bankrupt, Survey Reveals
Source: Business Insider
A new survey reveals that a sizeable portion of auto industry suppliers are expressing concerns regarding a potential Tesla bankruptcy. In a survey of members of the Original Equipment Suppliers Association's council, obtained by the Wall Street Journal, eight out of 22 respondents — more than one in three — said they were worried about Tesla filing for bankruptcy.