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With 177 new vehicle launches expected by 2020, tooling suppliers like Walker Tool & Die Inc. are bracing for another busy period in what’s been a string of good years for the industry.

Published in Manufacturing

GRAND RAPIDS — While the automotive sector may be nearing the end of a strong sales cycle, West Michigan-based suppliers remain bullish on the industry.

Published in Manufacturing

Despite a relatively stable outlook for the automotive sector, industry experts have started noticing evidence of “stress fractures” appearing in an otherwise healthy market.

Published in In the News

As the automotive industry pursues cutting-edge technological breakthroughs in autonomous driving and vehicle electrification, West Michigan suppliers must ensure they’re not left behind. 

Published in Manufacturing

Despite the possibility of easing emissions regulations and historically low gasoline prices, LG Chem Michigan Inc. remains charged about the possibilities for electrified vehicles. 

Published in Manufacturing

While some industry professionals have raised concerns over subprime lending, rising inventories, incentives and other trends pointing to a downturn in the automotive cycle, the industry should remain healthy in the coming years. That’s according to Mike Wall, director of automotive analysis at IHS Automotive in Grand Rapids, who forecasts North American light vehicle production to close at 17.8 million units this year. While 2017 production is projected to slide to 17.6 million units, he expects it will inch up to 18 million units in 2018 and peak at 18.7 million units in 2020 as new facilities in Mexico come online. Wall spoke with MiBiz about what automotive suppliers in West Michigan should expect in the new year. 

Published in Crystal Ball

British voters wanted to send a message with the Brexit vote, and it was certainly heard loud and clear by manufacturers in West Michigan. 

Published in Manufacturing

Automakers have witnessed a resurgence in interest for trucks and SUVs as gasoline prices continue to hover around $2 per gallon in many areas of the country. 

Published in Manufacturing

As West Michigan automotive suppliers race to meet customers’ orders in what’s expected to be another banner year in 2016, those companies must also keep their eyes forward and prepare for the next downturn in the business cycle.

Published in In the News

Despite a growing number of plug-in electric vehicles on display at this year’s North American International Auto Show in Detroit, industry analysts say the segment has failed to reach the “aspirational” levels many had hoped.

Published in Manufacturing
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