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Category: Manufacturing


Industries, Manufacturing

European industry calls for EU/China talks on magnesium shortages

October 22, 2021

Via: Investing.com

The European Commission must launch talks with China to restart shipments of magnesium to ease severe shortages and avoid plant shutdowns that could hit millions of jobs, European industry groups said on Friday. China supplies about 95% of the bloc’s […]


Industries, Manufacturing

Apple shares tumble as iPhone 13 production reportedly slashed

October 13, 2021

Via: Sky News

Apple is going to make 10 million fewer devices than it had initially planned, reported Bloomberg News, due to the ongoing global shortage of computer chips. The expected impact on the company’s business caused Apple’s share price to go down […]


Industries, Manufacturing

Why This Lordstown Motors Analyst Sees 66% Downside In EV Stock

October 5, 2021

Via: Markets Insider

Struggling electric truck manufacturer Lordstown Motors Corp. (NASDAQ:RIDE) recently announced its decision to sell its Ohio plant to Taiwanese contract manufacturer Hon Hai Precision Industry Co., Ltd. (OTC:HNHPF). The Lordstown Analyst: Morgan Stanley analyst Adam Jonas downgraded Lordstown shares from […]


Industries, Manufacturing

Chip shortage sees new car sales slump by a third in key month of September

October 5, 2021

Via: Sky News

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 […]


Industries, Manufacturing

Toyota scraps V8 in Tundra redesign, adds hybrid powertrain

September 21, 2021

Via: ABC News

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 […]


Industries, Manufacturing

U.S. Producer Prices Climb 0.7 In August, Slightly More Than Expected

September 10, 2021

Via: Markets Insider

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 […]


Industries, Manufacturing

Chip shortage and pingdemic see car production slump to lowest July level since 1956

August 26, 2021

Via: Sky News

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 […]


Industries, Manufacturing

Semiconductor shortage looms large, situation in domestic market worrying

August 16, 2021

Via: Business Today

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 […]


Industries, Manufacturing

Estonia Industrial Production Rises In June

August 9, 2021

Via: Markets Insider

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 […]


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 […]