Automotive Industry Forum - Automation Fair 2008

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Automation Fair 2008

Industry Forums

Automotive

The landscape in the automotive industry is changing at an incredible pace. Rising fuel prices, a weak US dollar, rising demand in emerging markets, increasing regulatory compliance, increasing global competition, consumer demand for new models and custom features and increasing pressure on short-term financial performance are all key factors in industry change. Automotive manufacturers and their tier suppliers are responding with innovative solutions to these industry drivers by adopting flexible manufacturing approaches capable of producing a greater mix of vehicles and options. In addition, companies are executing new strategies to lower manufacturing costs and optimize asset performance.

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