The recent rise in U.S. car sales emboldened forecasters to predict that 16 million units will be made in North America this year. Some already raise a specter that was thought to be dead for nearly a decade: Capacity constraints.
“Automakers are expected to build more than 16 million light vehicles in North America this year, the region’s highest output since 2002. Two major forecasters, LMC Automotive and IHS Automotive, predict that production will rise from last year’s 15.5 million units as the U.S. economy continues to improve. “
LMC’s Jeff Schuster said: (Read More…)