An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
SHANGHAI—The $150 million “factory of the future” that the Swiss innovator ABB announced nearly a year ago is becoming reality in this enormous city’s Pudong New Area.
The U.S. auto industry has been automated for decades. Production of cars and trucks is associated with large, hulking robots fenced off from human employees. Inside those fenced off areas, tasks such as welding are performed. The industry, though, is advancing on the automation front.
Horizontal machining centers (HMCs) are versatile four-axis and, increasingly, five-axis machine platforms that maximize processing of multi-sided large parts by minimizing part handling.
European engineering services provider Expleo USA Inc. is establishing its first North American research and development facility in Michigan.
Toyota Motor Corp. said today it will spend about $50 million to build a new battery laboratory at its North American R&D headquarters in York Township, Mich.
Ford Motor Co. said it is returning to the international Formula One race circuit starting in 2026.
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.
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.
