Foreign automaker next to make move to the U.S.
Audi is reportedly planning to build a manufacturing plant in the U.S. by 2015.
While no site has been selected for the plant, Audi CEO Rupert Stadler has allegedly said that a decision on the plant will be made in the next three years.
"It is totally clear that we need new production capacity in the U.S.," Stadler told Automation News. "The question only is when. Our dealers currently ask for more cars than we can deliver. Our delivery times are still too high."
Audi looks to increase its U.S. sales by up to 20% this year, but longer lead times to get cars into the U.S. will hamper future sales growth. Audi is following the strategy set by its parent company, Volkswagen AG, which just opened a $1 billion manufacturing facility in Chattanooga, Tenn. that is expected to generate 2,000 direct jobs and 12,000 indirect jobs while increasing Volkswagen’s U.S. market share.
Other foreign-owned automakers who have built plants in the past decade in the U.S. include Mercedes Benz, BMW, Kia, Honda, Hyundai, Toyota, and Nissan. All have located in the mid-South to the deep South, driving a new wave of auto manufacturing to the U.S.
- Edited by Bob Vavra and Amanda McLeman, Plant Engineering, www.plantengineering.com
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey