Category: Manufacturing

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 […]

February 4, 2021

DETROIT – Ford Motor CEO Jim Farley is promising something Wall Street has been asking from the storied American car manufacturer for years: A clear and decisive plan as the auto industry transitions to electric vehicles. In the coming months, […]

January 26, 2021

Shares of General Electric rose by almost 5% in morning trading Tuesday after the company reported better-than-expected industrial free cash flow for the fourth quarter and a rosy outlook for this year. The stock briefly jumped by more than 10% […]

January 5, 2021

American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector. The Institute for Supply Management reported Tuesday that its gauge of manufacturing activity […]