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Category: Manufacturing


Finance Tech, Industries, Manufacturing, Trading

General Motors beats on earnings, shares rise (GM)

October 24, 2017

Via: Business Insider

The No. 1 U.S. automaker General Motors Co posted a quarterly net loss on Tuesday caused by charges related to the sale of its Opel unit in Europe to France’s PSA Group , but excluding the charges the results beat […]


Industries, Manufacturing, News

Price-Fixing Inquiry Moves From BMW to Daimler and Volkswagen

October 23, 2017

Via: The New York Times

BRUSSELS — European Union investigators searched the offices of the German automakers Daimler and Volkswagen on Monday — the second such action in recent days as part of an inquiry into allegations of illegal collusion by the country’s car giants. […]


Industries, Manufacturing

Tesla shares to plunge nearly 40% due to weak Model 3 production: Goldman

October 3, 2017

Via: CNBC

Tesla’s third quarter Model 3 delivery miss is further evidence the electric car maker will have difficulties ramping manufacturing for the key vehicle, according to a top Wall Street firm. In the third quarter, Tesla delivered 26,150 total vehicles and […]


Industries, Manufacturing

Fiat Chrysler Joins BMW and Intel’s Autonomous Car Alliance

August 16, 2017

Via: Fortune

Just over a year since BMW Group teamed up with chipmaker Intel and sensor firm Mobileye to develop a driverless car platform, the alliance has signed up another major car manufacturer: Fiat Chrysler. The addition of Fiat Chrysler will give […]


Industries, Manufacturing

US producer prices post biggest drop in 11 months

August 11, 2017

Via: CNBC

U.S. producer prices unexpectedly fell in July, recording their biggest drop in nearly a year, weighed down by declining costs for services and energy products. The Labor Department said on Thursday its producer price index for final demand slipped 0.1 […]


Industries, Manufacturing

Marrying less and dying sooner — how the downward spiral of manufacturing is hurting American men

August 9, 2017

Via: Business Insider

During the 2016 presidential campaign, Republican candidate Donald Trump tapped into the anger over the loss of manufacturing and coal jobs. The culprit behind the misery of American workers, he said, was international trade. The message resonated, especially with male […]


Industries, Manufacturing

Raytheon among stocks that may benefit from bigger missile defense spending because of North Korea

July 6, 2017

Via: CNBC

Jefferies is optimistic toward companies such as Raytheon, Orbital ATK, and Aerojet Rocketdyne as tensions with North Korea escalate, leading to greater missile defense spending. “The aggressive nature of the North Korean acts may cause Japan, South Korea, the U.S. […]


Industries, Manufacturing

US Midwest factory index hits 3-year high: Chicago PMI

July 3, 2017

Via: CNBC

U.S. Midwest manufacturing activity unexpectedly strengthened to its strongest level in a little over three years in June, an index jointly developed by MNI Indicators and ISM-Chicago released on Friday showed. The Chicago Purchasing Management Index, also known as the […]


Industries, Manufacturing

‘Bad’ Foreign Firms Are Driving the U.S. Manufacturing Jobs Revival

June 30, 2017

Via: Fortune

Years before Donald Trump began promising to bring back good manufacturing jobs by getting tough with U.S. trade partners, such jobs have already been on the rise, largely thanks to foreign companies now cast as villains in Trump’s narrative. Reuters […]


Industries, Manufacturing

China Factory Activity Gets Boost From Steel and Construction

May 31, 2017

Via: The New York Times

China’s manufacturing and services sectors expanded at a solid pace in May thanks to robust construction and infrastructure investment, welcome news for authorities trying to strike a balance between maintaining stable economic growth and defusing debt risks. The official manufacturing […]