Auto Makers at Full Capacity

Karl Brauer, senior analyst at Kelley Blue Book, reported that U.S. automakers plan to spend $434 million to boost production capacity in order to meet rising demand, according to Yahoo! Finance. With new car sales climbing to an annualized pace of  roughly 15.5 million in 2013, which is closing in on pre-recession levels, most of the auto factories in the U.S. are currently operating near full capacity, according to The Wall Street Journal. New assembly plants are going up in the U.S. and in Mexico. Car companies have been able to increase sales despite higher prices, fewer incentives and lower inventory levels.

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