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IMCO Introduces New End Mill

IMCO Carbide Tool Inc. has developed a new series – M936 POW-R-FEED end mills– designed for faster part cycles and speeds never seen before with IMCO legacy tools, regardless of machining stations’ horsepower.

GM Quarterly Profit Rises

General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.

Ford Returns to Formula One

Ford Motor Co. said it is returning to the international Formula One race circuit starting in 2026.

Regional Manufacturing Is More Than a Defensive Strategy

Regionalization is becoming a powerful strategy to overcome risks to business continuity arising from tariffs, geopolitical tensions, supply chain disruptions and other challenges. But using it purely as a defensive de-risking maneuver misses the overall narrative.

Auto Industry to Confront Challenges in 2023

The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.