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Category: Manufacturing


Industries, Manufacturing

PSA and Fiat-Chrysler Finalize Merger, Forging Carmaking Giant to Rival VW

December 18, 2019

Via: Fortune

PSA Group and Fiat Chrysler Automobiles NV agreed to combine in a deal that will create the world’s fourth-biggest auto manufacturer. The French and Italo-American carmakers signed a binding accord for a 50-50 merger of their businesses, they said Wednesday. […]


Industries, Manufacturing

Boeing May Temporarily Stop Making the Troubled 737 Max

December 16, 2019

Via: Fortune

Boeing Co. is considering temporarily halting production of the 737 Max as regulatory clearance for the grounded jet’s return looks increasingly likely to slip beyond January 2020, said a person familiar with the matter. While the board is also studying […]


Industries, Manufacturing

US producer prices were unchanged in November; underlying inflation soft

December 12, 2019

Via: CNBC

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices. The Labor Department said on Thursday the […]


Industries, Manufacturing

German factory production drops in Oct as economy struggles

December 6, 2019

Via: ABC News

October factory production dropped in Germany over the previous month in another sign the economy, Europe’s largest, is struggling. The Federal Statistical Office reported Friday that industrial production fell 1.7% in October over September when adjusted for price, seasonal and […]


Industries, Manufacturing

The lagging manufacturing sector may be about to rebound, according to a reliable indicator

November 13, 2019

Via: CNBC

Chip stocks may be pointing the way to a rebound in the manufacturing economy. Manufacturing activity has been contracting since the summer, according to the widely watched ISM manufacturing index, but that may be about to change. Natixis economist Joseph […]


Industries, Manufacturing

German factory orders rise in September after 2 declines

November 6, 2019

Via: ABC News

Factory orders in Germany, Europe’s biggest economy, increased in September after two consecutive monthly declines. The Economy Ministry said Wednesday that orders were up 1.3% compared with the previous month. They were led higher by demand from countries outside the […]


Industries, Manufacturing

Analyst says for the first time ever he is worried about Tesla demand, downgrades stock

October 3, 2019

Via: CNBC

Tesla’s third-quarter deliveries miss may reveal a more worrying trend, according to JMP Securities. “The delivery data show low single-digit sequential unit growth, and we know of no operational issues that could have prevented TSLA from delivering more vehicles if […]


Finance Tech, Industries, Manufacturing, Trading

Stocks fall after data show deepening U.S. manufacturing woes

October 1, 2019

Via: Market Watch

U.S. stocks gave up early morning gains to trade lower Tuesday morning after the Institute for Supply Management’s survey of U.S. manufacturers showed the sector falling deeper into contraction, as President Trump’s trade war with China drags on. What are […]


Industries, Manufacturing, Retail & Wholesale

Manufacturers, retailers less optimistic, survey says

September 16, 2019

Via: ABC News

Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects. That’s the finding of a third quarter survey of 1,000 companies released last week by the U.S. Chamber of Commerce and MetLife. […]


Industries, Manufacturing

Apple Admits Breaking Chinese Labor Laws in the World’s Largest iPhone Factory

September 9, 2019

Via: Fortune

Apple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China […]