Industry News

Oct 03, 2017

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Automakers Investing in U.S. Manufacturing

Falling sales, rising incentives, and mounting vehicle inventories — is this really the right time for automakers to invest heavily in new U.S. production capacity?

Daimler last week announced a major expansion of its plant in Alabama, and this week, Volvo revealed plans to double capacity at a factory under construction near Charleston, S.C.

Meanwhile, Honda said it has completed an expansion in Ohio, while Subaru and Toyota are spending big to modernize or enlarge assembly plants here.

Click here to read the full article from Automotive News.

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