Home / Knowledge / News / Textiles / Automobile fabric manufacturers shaken from their reverie
Automobile fabric manufacturers shaken from their reverie
06
Jun '09
The business of technical textiles which had started to find its moorings since the last few years and is available to a wide range of applications ranging from automobiles and medicals to soil conservation, etc, has begun to totter due to the impact of the recessionary trends and the slowdown in the ground zero of the crisis; US.

The effect of the crisis has been far reaching on sales to the automobile sector in particular, which has borne the highest brunt, what with the consumer digging his hands deeper in to his/her pocket and this clearly is visible from the fact that two of the big five global automobile companies have gone in to bankruptcy protection.

North Carolina, which is one of the hubs of the textile industry in the US, and more so particularly of the technical textiles sector, is the worst victim of the ongoing recessionary trends and slowdown in sales in the automobile sector.

Since the times, Asian countries began to give US manufacturers a run for their money, by mass producing apparel and textiles at competitive rates, the North Carolina textile companies moved towards producing functional fabrics, more so for the automobile sector, since it works on a tight production and inventory schedule.

These automobile fabric manufacturers were sitting tight and quite confident, with the knowledge that this was product category which cannot be outsourced to third countries, due to the tight schedules which seat manufacturers have to adhere to, even delivering them four hours prior to a production batch, which is not possible from a overseas base.

But the slowdown has shaken them from this reverie and are facing the stark fact of depleting sales on one hand and an increase in inventory levels on the other. The only saving grace for these automobile fabric manufacturers could come from the three Japanese automobile manufacturers who have set up bases in the US.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search