Selecting an auto assembly site?

Saturday, April 23, 2005

Southern Business and Development magazine reports that an automaker is considering four sites, one of which is in South Carolina, near Aiken. The other sites are in Chattanooga, Savannah, and Athens, GA. According to the magazine, the automaker could be Toyota, Kia or Audi. Read more.

The auto industry's shift South is a clear and long-standing trend in investment. A recent article in the Detroit newspaper outlines how this shift impacts Michigan. Read more.

The changes are only beginning. DaimlerChrysler is considering building subcompacts in China for export to the U.S. Company executives hope to avoid any political fall-out by marketing the car under a new name plate. Read more here, here and here.

Here are the numbers that, in part, are driving the shift. According to the New York Times, wages and benefits cost DaimlerChrysler 38 euros an hour in Germany ($49.75), 28 euros an hour in the United States, 4.5 euros an hour in Brazil and 1.5 euros an hour in China.

posted by Ed Morrison |

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