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Category: Manufacturing


Industries, Manufacturing

UK Manufacturers Expect Sharp Fall In Output In Months Ahead: CBI

September 21, 2022

Via: Markets Insider

UK manufacturers reported a marginal fall in production in the three months to September but they expect a much sharper decline over the coming three months, monthly Industrial Trends Survey from the Confederation of British Industry and Accenture showed Wednesday. […]


Industries, Manufacturing

UK manufacturing suffers steepest fall since May 2020

September 1, 2022

Via: Markets Insider

Last month’s output saw its largest contraction since the height of the pandemic in May 2020, according to the latest S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI). The index dropped to 47.3 from 52.1 in July – numbers above […]


Industries, Manufacturing

UK manufacturing ‘hampered by market uncertainty, cost of living and war in Ukraine’

August 1, 2022

Via: Sky News

The S&P Global/CIPS UK Manufacturing PMI scored 52.1 in July – the lowest for 25 months and down from 52.8 in June. Any number above 50 is seen as growth, so it means that the sector is still growing, albeit […]


Industries, Manufacturing

U.S. Factory Growth Slowed in July on Decline in Orders

August 1, 2022

Via: The Wall Street Journal

Growth at U.S. manufacturing companies was its weakest in two years in July, but inflationary pressures showed signs of cooling as commodity prices eased, according to surveys of purchasing managers released Monday. The Institute for Supply Management’s index of U.S. […]


Industries, Manufacturing

China Car Sales Jump as Covid Curbs Relaxed

July 8, 2022

Via: The Wall Street Journal

China’s car sales rose almost 23% in June from a year earlier as production recovered in lockdown-hit Shanghai to meet pent-up demand and government cash incentives stimulated purchases in the world’s biggest auto market. Sales for passenger cars also rose […]


Industries, Manufacturing

UK new car sales slump to worst June in 26 years

July 5, 2022

Via: Sky News

Registrations of new cars plummeted about 24% last month compared with June 2021, according to the Society of Motor Manufacturers and Traders (SMMT). Manufacturers have had problems fulfilling orders due to global shortages of semiconductors, the trade body said. The […]


Industries, Manufacturing

McConnell warns Dems of fallout for reviving Biden bill

July 1, 2022

Via: ABC News

Senate Republican leader Mitch McConnell threatened Thursday to derail a bill designed to boost semiconductor manufacturing in the United States if Democrats revive their stalled package of energy and economic initiatives. The rejuvenation of the Democratic reconciliation package, central to […]


Enterprise, Industries, Manufacturing

Lego is building a $1 billion factory in Virginia to capitalize on its fast-growing US fanbase

June 16, 2022

Via: Markets Insider

Lego Group plans to build a US factory in Chesterfield County, Virginia, to better supply one of its biggest markets. The $1 billion investment will create almost 1,800 jobs, the Danish company said. Sales for the world’s largest toy maker […]


Industries, Manufacturing

May US producer prices soared 10.8 % as energy prices jumped

June 14, 2022

Via: ABC News

U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing. Thursday’s report from the Labor Department showed that the producer price index — which […]


Industries, Manufacturing

It survived the pandemic, but will Rolls-Royce ever be the same again?

June 8, 2022

Via: MoneyWeek

Over the past 15 years, Rolls-Royce (LSE: RR) has lurched from disaster to disaster and shareholders have had to bear the pain. The stock has produced an awful total return (ie including dividends) of -1.2% per year over the past […]


Industries, Manufacturing

Hundreds complain about phantom braking in Tesla cars – as Musk says he has ‘bad feeling’ about economy

June 3, 2022

Via: Sky News

The National Highway Traffic Safety Administration (NHTSA) said they are investigating the issue, which has been reported by 750 people, as the company’s founder Elon Musk said he has a “super bad feeling” about the economy and needs to cut […]


Industries, Manufacturing

Congress seeks compromise to boost computer chip industry

April 18, 2022

Via: ABC News

A global computer chip shortage has made it harder for consumers to get their hands on cars, computers and other modern-day necessities, so Congress is looking to boost chip manufacturing and research in the United States with billions of dollars […]


Industries, Manufacturing

Biden Plan to Combat Inflation with U.S. Manufacturing Faces Skepticism

April 8, 2022

Via: The Wall Street Journal

Economists and analysts are skeptical that a Biden administration push to increase domestic manufacturing will have the White House’s intended effect of meaningfully taming inflation. Administration officials have said that increasing domestic manufacturing would insulate the U.S. from the kinds […]


Industries, Manufacturing

VW to scrap models and focus on premium market -CFO tells FT

April 6, 2022

Via: Investing.com

German carmaker Volkswagen (DE:VOWG_p) will axe many combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, its finance chief was quoted as saying on Wednesday. “The key […]


Industries, Manufacturing

With Toyota as partner, Mazda hopes to jump-start U.S. market

March 15, 2022

Via: Investing.com

A decade after Mazda Motor (OTC:MZDAY)’s cars disappeared from Ford Motor (NYSE:F)’s factory floors in Michigan, the Japanese automaker is once again building in the United States – this time with compatriot Toyota Motor (NYSE:TM). When the first Mazda CX-50 […]


Industries, Manufacturing

Why nickel’s spectacular surge could put the brakes on carmakers’ electric plans

March 8, 2022

Via: Sky News

The price of copper, just about the most important industrial metal hit an all-time high of $10,070 per tonne on the London Metal Exchange on Monday, while aluminium, another metal with wide industrial applications, also touched a record high. Zinc, […]


Industries, Manufacturing

Germany PMI Data Beat: Manufacturing (60.5), Services (52.2)

January 24, 2022

Via: DailyFX

Manufacturing data continues its strong run whereas services had dipped below the 50 mark in December, indicating a more pessimistic outlook for the services sector. Today’s surprise in the data places the services sector above the 50 mark once again. […]


Industries, Manufacturing

Ford pauses Maverick orders to keep up with huge demand for the $20,000 truck

January 24, 2022

Via: Markets Insider

Ford will temporarily pause orders for its Maverick pickup truck as it works to meet huge demand for the new, $20,000 model. Customers will be able to reserve a 2022 Maverick until Thursday evening, a Ford spokesperson told Insider. After […]


Industries, Manufacturing

Tesla stock could slump 50% while 3 legacy automaker pose challenge to EV leadership, says Livermore hedge fund manager

January 19, 2022

Via: Markets Insider

Tesla stock is ripe for a big decline in the event of a market slump as several legacy automakers catch up in the electric-vehicle space, according to hedge fund manager David Neuhauser. In an interview with CNBC, the chief investment […]


Industries, Manufacturing

Nio Vs. XPeng Vs. Li Auto: How 2022 Is Shaping Up For Chinese EV Stocks

January 10, 2022

Via: Markets Insider

The U.S.-listed Chinese electric vehicle trio of Nio, Inc. (NYSE:NIO), XPeng, Inc. (NYSE:XPEV) and Li Auto, Inc. (NASDAQ:LI) had a mixed outing in 2021 amid global component shortage headwinds. EV Analyst: BofA Securities analyst Ming Hsun Lee has Buy ratings […]