Wednesday, March 7, 2012

OEMs reduce platform to save money

You can say the impetus behind much of the industry activity during the last few years is cost saving. While the OEMs have launched many initiatives in this cost-saving drive, one that has gotten a lot of press is platform consolidation. In fact if you believe the OEMs press releases, then you would have to believe OEM consolidations (Ford, Volvo, and Jaguar; Renault and Nissan; Mercedes and Chrysler, etc) were in no small way meant to increase volume while reducing cost-sapping platform …

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