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Category: Manufacturing


Industries, Manufacturing

Tata Motors to hike prices of passenger vehicles by 0.8% from Aug 3

August 2, 2021

Via: Business Today

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 […]


Industries, Manufacturing

Taiwan Semiconductor Manufacturing is about to announce its earnings — here’s what to expect

July 13, 2021

Via: Markets Insider

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 […]


Industries, Manufacturing

Senate passes bill to boost US tech industry, counter rivals

June 9, 2021

Via: ABC News

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 […]


Enterprise, Industries, Manufacturing

Tesla’s China-made car sales surged 29% in May after an April drop

June 8, 2021

Via: Markets Insider

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 […]


Energy, Industries, Manufacturing

Biden’s solar ambitions collide with China labor complaints

May 24, 2021

Via: ABC News

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 […]


Industries, Manufacturing

Nissan to make half a million fewer cars in 2021 due to chip shortage

May 13, 2021

Via: CNBC

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 […]


Industries, Manufacturing

GM reports $3.3B first-quarter net profit despite semiconductor chip shortage

May 5, 2021

Via: USA TODAY

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 […]


Enterprise, Industries, Manufacturing

Daimler CEO expects ‘intense competition’ if Apple and Alibaba enter electric vehicle market

April 15, 2021

Via: CNBC

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 […]


Industries, Manufacturing

The auto industry ‘has to move’ on electrification as consumers become more conscious, Nissan CEO says

April 14, 2021

Via: CNBC

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 […]


Industries, Manufacturing

Biden meets today with executives on chip shortage as U.S. auto industry feels the pain

April 12, 2021

Via: CNBC

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 […]