Category: Manufacturing

October 5, 2021

Just 215,312 new vehicles were registered, the weakest for the month since the “two-plate” system for new cars was introduced in 1999, said the Society of Motor Manufacturers’ and Traders (SMMT). The SMMT said that supply issues caused by semiconductor […]

September 21, 2021

Toyota is dumping the big V8 engine in the latest redesign of its Tundra full-size pickup truck, a bold move in a market that likes big, powerful engines. The 381 horsepower, 5.7-liter V8 will be replaced by a base 389 […]

September 10, 2021

Producer prices in the U.S. increased by slightly more than expected in the month of August, according to a report released by the Labor Department on Friday. The Labor Department said its producer price index for final demand climbed by […]

August 26, 2021

Just 53,438 vehicles rolled off production lines in Britain, down by 37.6% on last year, according to the Society of Motor Manufacturers and Traders (SMMT). It represented the worst July performance since 1956, the SMMT said. Manufacturers were forced to […]

August 16, 2021

The automotive industry for years has had no dearth of issues to deal with but nothing has come quite close to Covid-19 and the slowdown in demand. Just as things have started to look up, the shortage of semiconductors has […]

August 9, 2021

Estonia’s industrial production increased in June, data from Statistics Estonia showed on Monday. Industrial production rose a working-day adjusted 11.0 percent year-on-year in June. Manufacturing output increased 10.0 percent annually in June. Production in energy sector grew 14.0 percent and […]

August 2, 2021

Tata Motors on Monday said it will hike the prices of its passenger vehicles by an average of 0.8 per cent from August 3, depending on the variant and model. However, the company said it will offer protection from the […]

July 13, 2021

Taiwan Semiconductor Manufacturing will report Q2 earnings on July 15. Forecasts of 27 analysts expect earnings of $0.931 per share compared to earnings of $0.791 per share from the same quarter last year. Wall Street analysts are expecting the company […]

June 9, 2021

The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China. The 68-32 vote for the bill […]

June 8, 2021

Tesla sold 33,463 China-made electric cars in May, including exports, a 29% jump from April, according to data from the China Passenger Car Association (CPCA) on Tuesday. China’s overall passenger vehicle sales jumped 1.1% to 1.66 million cars in May […]

May 24, 2021

The Biden administration’s solar power ambitions are colliding with complaints the global industry depends on Chinese raw materials that might be produced by forced labor. A big hurdle is polysilicon, used to make photovoltaic cells for solar panels. The global […]

May 13, 2021

Japanese car maker Nissan is planning to make half a million fewer vehicles in 2021 as the global chip shortage continues to wreak havoc on the automotive industry. Nissan Chief Executive Makoto Uchida told CNBC’s “Squawk Box Europe” on Thursday […]

May 5, 2021

General Motors says it will finish the year strong, in part because of its strategy in dealing with a worldwide shortage of semiconductor chips. In an unusual move, GM CEO Mary Barra issued a Letter to Shareholders simultaneously with GM’s […]

April 15, 2021

The chief executive of Germany’s Daimler believes the automaker will face stiff opposition from tech giants like Google, Apple and Alibaba if they decide to launch their own electric vehicles. While the tech giants are yet to start selling their […]

April 14, 2021

Sustainability has made its way onto the dashboard of many company executives, and the money is set to follow — particularly in the electric vehicle space, if investment trends and research and development commitments are anything to go by. “ESG […]

April 12, 2021

Clarence E. Brown has experienced union strikes, plant shutdowns and layoffs due to parts shortages during his 47 years working for General Motors. But Brown, president of a United Auto Workers local chapter in Kansas, describes the ongoing semiconductor chip […]

March 3, 2021

Walmart said Wednesday that it plans to back American manufacturers by spending an additional $350 billion over the next decade on items that are made, grown or assembled in the U.S. Nearly two-thirds of Walmart’s current assortment is made, assembled […]

February 17, 2021

WASHINGTON — American industry expanded for the fourth consecutive month in January but has yet to recover fully to the level of activity that preceded the pandemic. U.S. industrial production, which includes output factories, mines and utilities, rose 0.9% last […]

February 17, 2021

The motor giant also said its commercial models would be 100% zero-emissions capable, all-electric or plug-in hybrid by 2024. The move comes after Ford reported a return to profit in Europe in the fourth quarter of 2020. The firm said […]

February 11, 2021

Automakers across the globe are expected to lose billions of dollars in earnings this year due to a shortage of semiconductor chips, a situation that’s expected to worsen as companies battle for supplies of the critical parts. Consulting firm AlixPartners […]