The Automotive Industry Action Group (AIAG) has successfully tested new technology that allows automakers and suppliers to share previously incompatible product data files used to design auto components.
ANN ARBOR, MI—Faced with the growing costs of sales incentives and pension liabilities, automotive OEMs are demanding that their suppliers reduce their 2003 prices by 2% to 10%.
CHAPEL HILL, NC–Managers can raise profit margins by implementing Six Sigma initiatives to cut costs, according to a report by consulting firm Best Practices LLC.
ITHICA, NY—At one time, most manufacturing jobs that left the United States for China were concentrated in relatively low-skill, low-wage jobs in light manufacturing industries, such as apparel and textiles.