Home | Business News | Browse by Publication | A | Automotive News

Forecaster: Development of vehicles leaving U.S. Country's share expected to be less than 10% by 2013.

Publication: Automotive News
Publication Date: 14-MAY-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Forecaster: Development of vehicles leaving U.S. Country's share expected to be less than 10% by 2013.(News)

Article Excerpt
Byline: Brent Snavely

By 2013, vehicle development for more than 90 percent of new cars and trucks will take place outside the United States, according to the automotive research firm CSM Worldwide Inc.

And as those global product development trends play out, automakers and suppliers will move more decision-makers to the parts of the world where the automotive industry is growing, industry professionals say.

Michael Robinet, vice president of global vehicle forecasts at CSM in suburban Detroit, presented his forecast last month at a seminar here sponsored by the Original Equipment Suppliers Association.

While the presentation was geared toward giving advice to suppliers, the forecast also exposed powerful global automotive trends that challenge Michigan as it seeks to remain the industry's decision-making center.

North American relevance

"As the Detroit 3 continue to globalize their development efforts, the new investment by Toyota, Hyundai and Nissan in Michigan is welcome but will not completely replace the shifted volume,'' Robinet said in an e-mail to Crain's Detroit Business after his presentation.

"An additional effect is that suppliers with development resources to support the Detroit 3 in...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Automotive News
Audi leaps into digital age.(News)(Audi AG introduces Audi TV )(Brief ..., May 14, 2007
ZF wants U.S. rebound.(Suppliers)(ZF Friedrichshafen AG)(Brief article..., May 14, 2007
Stein named publisher of Automotive News Europe.(News)(Brief article), May 14, 2007
U.S. sales derby no longer 2-horse race.(Final assembly)(Ford Motor Co..., May 14, 2007
To sell a Malibu, get a Camry; Chevy dealers are told to bring mighty ..., May 14, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.