Report: Climate Change vs. Carmakers
Report: Automotive headwinds align into a perfect storm
German industrial robot maker Kuka is boosting its presence in the US through the acquisition of the plant engineering business of privately owned Utica Companies. Utica is a Michigan-based welding equipment specialist with a focus on the auto industry.
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As OEMs and automotive parts suppliers see their margins decline, cost pressures are going to increase on logistics operations and service providers further down the supply chain
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and supply chain management.
The latest report by Automotive from Ultima Media examines the profits and outlook for the top 20 automotive parts suppliers and explores the strategies and solutions they should consider to avoid significant disruption in the 2020s, including the key role they will play in automotive design and R&D
