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Just FYI...... Should help keep the folks in Indiana employed.
AM General eyes Europe and Middle East for HMMWV
Industry Briefing: AM General eyes Europe and Middle East
Humvee manufacturer AM General is continuing to produce vehicles at close to its peak rate for its domestic market, while it remains confident of securing international work as US demand begins to slow, the group's president has told Jane's .
"We are building Humvees at a rate of 85 per day - that's almost the same as the peak number," said General (retired) Paul Kern, the president and chief operating officer of AM General.
Kern - who will become chief executive officer of the company later this year - added: "[Domestic demand] will slow, but a significant number are still being produced.
"What most people have missed is that the Humvees delivered to the US predominantly, as well as other countries, are quite different to those being produced 20 years ago.
Kern highlighted the Middle East and Europe as two key areas that AM General is looking to for continued growth, although the latter region is "a bit different", he said, in that there is "a lot of inherent infrastructure here already.
"But we're interested in the European future market."
Kern later highlighted a Turkish wheeled vehicle manufacturer as one of AM General's European partners with which the company co-ordinates vehicle production work.
The group has also identified some growth areas in "the Far East and Central and South America, including Mexico", while India "is beginning to [look to] more Western products", Kern noted.
AM General eyes Europe and Middle East for HMMWV
Industry Briefing: AM General eyes Europe and Middle East
Humvee manufacturer AM General is continuing to produce vehicles at close to its peak rate for its domestic market, while it remains confident of securing international work as US demand begins to slow, the group's president has told Jane's .
"We are building Humvees at a rate of 85 per day - that's almost the same as the peak number," said General (retired) Paul Kern, the president and chief operating officer of AM General.
Kern - who will become chief executive officer of the company later this year - added: "[Domestic demand] will slow, but a significant number are still being produced.
"What most people have missed is that the Humvees delivered to the US predominantly, as well as other countries, are quite different to those being produced 20 years ago.
Kern highlighted the Middle East and Europe as two key areas that AM General is looking to for continued growth, although the latter region is "a bit different", he said, in that there is "a lot of inherent infrastructure here already.
"But we're interested in the European future market."
Kern later highlighted a Turkish wheeled vehicle manufacturer as one of AM General's European partners with which the company co-ordinates vehicle production work.
The group has also identified some growth areas in "the Far East and Central and South America, including Mexico", while India "is beginning to [look to] more Western products", Kern noted.