Airbus’ chief procurement officer Klaus Richter says the company will transform its production process to increase output. The Wall Street Journal said Richter is using his experience from his time working in the auto supply chain to improve Airbus’ strategy.
Speaking of the auto industry, Volvo’s CEO Håkan Samuelsson plans to gain a much larger portion of the US market. Volvo car sales have fallen in recent years in the US, but Samuelsson hopes a new version of the XC90 family-size SUV and an increase in the company’s marketing budget will improve sales.
The National Highway Traffic Safety Administration is urging Takata to expand its recall of faulty airbags nationwide. Federal authorities say they no longer can “support a regional recall.”
A new survey has shown, perhaps surprisingly, that most shoppers do not plan to shop at physical stores on Black Friday - the day after Thanksgiving. The Bankrate.com survey showed just 28 percent of shoppers will venture out in search for deals.