Auto is ‘shining star’ of manufacturing

Sep 11, 2013 | 12:05 PM | Corinna Petry

Tags  Metals Service Center Institute, automotive, supply base, capacity constraints, lightweighting, Michael Robinet, IHS Automotive Consulting, Ford Motor Audi

SCHAUMBURG, Ill. — The auto industry is the shining star of North America’s manufacturing sector, according to IHS Automotive Consulting managing director Michael Robinet.

Annual sales of 16 million vehicles are sustainable possibly to 2020, he said, with a world total of around 106 million light vehicles annually by the end of the decade, including 18 million within the North American Free Trade Agreement region.

"Welcome to Utopia, better known as automotive," Robinet told attendees at the Metals Service Center Institute’s Economic Summit in the Utopia conference room at the Schaumburg Convention Center.

North American automakers today are concerned with capacity constraints, lightweighting and how fast they can create a sophisticated supply chain and infrastructure to competitively build vehicles in Mexico, which lacks automotive-quality steel production.....

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