German automakers looks to expand U.S. market share
WSJ: Volkswagen, BMW preparing to accelerate manufacturing here
While Detroit struggles with plant closings and figures out how the federal bailout loans can help them regain market share from Asian automakers, there’s a new challenger on the horizon %%MDASSML%% Germany.
The Wall Street Journal is reporting how German automakers are building new plants in America %%MDASSML%% including BMW’s Spartanburg, SC plant , named Plant Engineering’s 2007 Top Plant winner %%MDASSML%% as a way to build U.S. market share.
Volkswagen has already announced its new plant outside of as a way to boost U.S. sales to more than 1 million cars, and BMW is expanding the Spartanburg plant after retooling it just two years ago.
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Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.