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Released September 05, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--From body assembly to tire manufacturing, the U.S. auto industry is preparing for its biggest quarter in 2024 for maintenance shutdowns. Hybrid and crossover models have driven a recent jump in sales, and automakers are ensuring their factories will continue to produce them at a brisk pace. Industrial Info is tracking more than 260 maintenance-related projects at automotive plants that are set to kick off in the fourth quarter, the bulk of which is attributed to work at factories for parts and accessories.
Click on the image at right for a graph detailing the top parent companies for maintenance-related projects at automotive and parts facilities across the U.S. that are scheduled to kick off from October through December.
Subaru Corporation (Tokyo, Japan) is preparing for one of the highest-valued shutdowns at a plant in Lafayette, Indiana, which produces 410,000 vehicles per year. These include the Ascent, Crosstrek, Legacy and Outback models, according to Subaru of America. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can learn more from a detailed project report.
Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) often leads most other automakers in quarterly maintenance kickoffs, and the coming quarter is no exception. In Indiana and Kentucky, the global auto titan is preparing for eight major shutdowns, including plants that produce parts and accessories, such as a brake-manufacturing plant in Terre Haute and a body part-manufacturing plant in Seymour. Both shutdowns are expected to last about a week. Subscribers can read detailed reports on the Terre Haute and Seymour projects.
Kentucky accounts for at least two parts-and-accessories maintenance projects from Toyota: an interior component plant in Harrodsburg and a body part-manufacturing plant in Lebanon, both of which are set to run for about a week in December. Subscribers can read detailed reports on the Harrodsburg and Lebanon projects.
Toyota and Subaru are enjoying success with some of their latest models. Toyota's bZ4X, introduced in 2022, sold about 7,600 units in the U.S. in the second quarter, nearly five times its sales in second-quarter 2023, according to Cox Automotive. Subaru's Solterra, introduced in 2023, sold 4,200 units, roughly triple its sales from the same period last year.
Tenneco, a subsidiary of Apollo Asset Management (NYSE:APO), specializes in the development of auto components--both those included with the car and "aftermarket" products. Three of its shutdowns are at facilities that manufacture exhaust systems: in Litchfield, Michigan; Marshall, Michigan; and Smithville, Tennessee. Subscribers can read detailed reports on the Litchfield, Marshall and Smithville projects.
Bridgestone Corporation (Tokyo, Japan), which specializes in tires, ties Tenneco with six projects, four of which are in the U.S. South: a tire plant in Graniteville, South Carolina, which produces radial tires for passenger cars and light trucks; a tire cord plant in Clarksville, Tennessee; and a truck tire plant in Morrison, Tennessee. Firestone, a Bridgestone subsidiary, is preparing for a turnaround at its inner tube plant in Russellville, Arkansas, which produces 5,000 units per day. Subscribers can read detailed reports on the Graniteville, Clarksville, Morrison and Russellville projects.
Honda Motor Company (NYSE:HMC) (Tokyo, Japan) is among the big-name automakers preparing for maintenance at auto assembly plants, specifically its plant in Greensburg, Indiana, which produces 250,000 units per year of its popular Civic model. Similarly, Hyundai Motor Company (Seoul, South Korea) is readying for a shutdown at its plant in Montgomery, Alabama, which produces the Tucson, Santa Fe and Santa Fe Hybrid SUVs. Subscribers can learn more from detailed reports on the Greensburg and Montgomery projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for maintenance-related projects in the U.S. automotive sector that are set to kick off in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top parent companies for maintenance-related projects at automotive and parts facilities across the U.S. that are scheduled to kick off from October through December.Subaru Corporation (Tokyo, Japan) is preparing for one of the highest-valued shutdowns at a plant in Lafayette, Indiana, which produces 410,000 vehicles per year. These include the Ascent, Crosstrek, Legacy and Outback models, according to Subaru of America. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can learn more from a detailed project report.
Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) often leads most other automakers in quarterly maintenance kickoffs, and the coming quarter is no exception. In Indiana and Kentucky, the global auto titan is preparing for eight major shutdowns, including plants that produce parts and accessories, such as a brake-manufacturing plant in Terre Haute and a body part-manufacturing plant in Seymour. Both shutdowns are expected to last about a week. Subscribers can read detailed reports on the Terre Haute and Seymour projects.
Kentucky accounts for at least two parts-and-accessories maintenance projects from Toyota: an interior component plant in Harrodsburg and a body part-manufacturing plant in Lebanon, both of which are set to run for about a week in December. Subscribers can read detailed reports on the Harrodsburg and Lebanon projects.
Toyota and Subaru are enjoying success with some of their latest models. Toyota's bZ4X, introduced in 2022, sold about 7,600 units in the U.S. in the second quarter, nearly five times its sales in second-quarter 2023, according to Cox Automotive. Subaru's Solterra, introduced in 2023, sold 4,200 units, roughly triple its sales from the same period last year.
Tenneco, a subsidiary of Apollo Asset Management (NYSE:APO), specializes in the development of auto components--both those included with the car and "aftermarket" products. Three of its shutdowns are at facilities that manufacture exhaust systems: in Litchfield, Michigan; Marshall, Michigan; and Smithville, Tennessee. Subscribers can read detailed reports on the Litchfield, Marshall and Smithville projects.
Bridgestone Corporation (Tokyo, Japan), which specializes in tires, ties Tenneco with six projects, four of which are in the U.S. South: a tire plant in Graniteville, South Carolina, which produces radial tires for passenger cars and light trucks; a tire cord plant in Clarksville, Tennessee; and a truck tire plant in Morrison, Tennessee. Firestone, a Bridgestone subsidiary, is preparing for a turnaround at its inner tube plant in Russellville, Arkansas, which produces 5,000 units per day. Subscribers can read detailed reports on the Graniteville, Clarksville, Morrison and Russellville projects.
Honda Motor Company (NYSE:HMC) (Tokyo, Japan) is among the big-name automakers preparing for maintenance at auto assembly plants, specifically its plant in Greensburg, Indiana, which produces 250,000 units per year of its popular Civic model. Similarly, Hyundai Motor Company (Seoul, South Korea) is readying for a shutdown at its plant in Montgomery, Alabama, which produces the Tucson, Santa Fe and Santa Fe Hybrid SUVs. Subscribers can learn more from detailed reports on the Greensburg and Montgomery projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for maintenance-related projects in the U.S. automotive sector that are set to kick off in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
