Julie Brown of Plastech Comments on Auto Industry Success
Recent auto industry reports reveal that the overall upturn of the market could bode well for the country's current economic state. Julie Brown of Plastech applauds the financial recovery and expands on manufacturers' response to consumer demands.
PHILADELPHIA, PA, October 22, 2012
Although the auto industry has remained under intense scrutiny in terms of economic success, a recent report from NBC reveals that the market as a whole is proving to make a comeback. Julie Nguyen Brown of Plastech is a professional dedicated to the concept of improving product design and engineering in automobiles, and notes that much of the industry's recovery may be in part due to manufacturers' ability to make adjustments to meet consumer demands.The article notes that "since the collapse of the U.S. market-generally seen to have begun in 2008, sales bottoming out at 10.4 million in 2009-American motorists have purchased perhaps 10 million vehicles less than they would have had the industry stayed close to its normal trend line." Although the article notes that the industry as a whole has a long way to go before once again meeting its "17-million peak," auto makers have current expectations that sales will, at their highest, "total 14.5 million this year."
Julie Brown of Plastech comments, "It is truly exciting to see the recent success of the US auto manufacturers and the effects this success has on auto-related employees. Looking at the future of the market, the real risk lies in the various factors that are increasing the cost of vehicles to the point where they may not be affordable to many consumers. The increase in fuel economy and emissions standards, demands for technology, and high energy prices are of particular concern. What is needed is a new way of thinking to provide consumers what they want at prices they can afford." The article states that the considerable increase in sales may be due to drivers' desire to purchase new cars in an effort to stave off high vehicle repair costs associated with owning an older model.
The article also makes an effort to highlight the recent turnaround of Chrysler, noting that "the maker paid back all the loans it received during the Obama Administration as part of its bankruptcy bailout several years early." Having worked as an executive at Plastech, Julie Nguyen Brown underscores the importance of improving internal performance, in addition to meeting the needs of consumers.
ABOUT:
Julie Nguyen Brown of Plastech is a skilled professional with an affinity for auto manufacturing and engineering. Following her graduation from Tulane University, Julie Brown earned her Master's Degree in Engineering at Wayne State University in Detroit, Michigan. Julie Brown of Plastech initially began her career as a product design engineer at Ford Motor Company. From that experience, Julie Brown knew that she wanted to become a leader in improving auto manufacturing in America. It is an issue she continues to remain committed to today.
Website: http://julienguyenbrownplastech.com