- Thread starter
- #1
Automotive News article says Webasto is going to invest $213 million this year on MIC tops. Claims they have 8 year deal. Claims they will have 6 different roofs for the bronco sometime in the future.
According to Automotive News Europe via Ford Authorty
“It took a lot of energy, nerves, and money,” Webasto CEO Holger Engelmann said last week during the company’s annual press conference. “We still successfully countered the ongoing pandemic, semiconductor bottlenecks, and exploding material costs last year, and further investments in the future were also factored in. But one single, extremely challenging, technological innovative major project of highly strategic importance for the Americas region meant that we again had to absorb a negative result.”
Indeed, Webasto estimates that it will invest a whopping $200 million euros ($213 million USD) into the Ford Bronco hard top project by the end of this year, which is a staggering sum for one product. However, the molded-in color (MIC) hardtop is also a massive moneymaking project for the company, one that will generate $2 billion in sales for Webasto over its eight-year lifespan, which covers 2018-2026.
The company estimates that the Bronco MIC top will account for a whopping 20 percent of its sales in the Americas region (which includes the U.S., Canada, and Mexico) beginning this year and continuing for the next several years. Ultimately, Webasto plans to build around one million roof systems for the rugged SUV, which will eventually consist of six different types of tops.
According to Automotive News Europe via Ford Authorty
“It took a lot of energy, nerves, and money,” Webasto CEO Holger Engelmann said last week during the company’s annual press conference. “We still successfully countered the ongoing pandemic, semiconductor bottlenecks, and exploding material costs last year, and further investments in the future were also factored in. But one single, extremely challenging, technological innovative major project of highly strategic importance for the Americas region meant that we again had to absorb a negative result.”
Indeed, Webasto estimates that it will invest a whopping $200 million euros ($213 million USD) into the Ford Bronco hard top project by the end of this year, which is a staggering sum for one product. However, the molded-in color (MIC) hardtop is also a massive moneymaking project for the company, one that will generate $2 billion in sales for Webasto over its eight-year lifespan, which covers 2018-2026.
The company estimates that the Bronco MIC top will account for a whopping 20 percent of its sales in the Americas region (which includes the U.S., Canada, and Mexico) beginning this year and continuing for the next several years. Ultimately, Webasto plans to build around one million roof systems for the rugged SUV, which will eventually consist of six different types of tops.
Sponsored