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Machine Tool Orders Slide in January

Orders for machine tools slid in January on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.

Ford Returns to Formula One

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

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.

How to Mitigate Burnout in Manufacturing

Employee burnout in the manufacturing industry was twice the level of any other sector during the pandemic, according to a recent survey by LinkedIn’s Glint subsidiary.

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.