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The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.

Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.

Power management company Eaton today announced its Vehicle Group has introduced its next-generation sodium-filled hollow-head valves, which improve fuel economy, reduce emissions and increase performance in gas-powered engines.

Lightning eMotors, a provider of commercial electric vehicles for fleets, today announced the debut of a new model of its Class 3 Lightning Electric Transit Van.

Challenged by an increasingly niche-oriented automotive market, The Chrysler Group (Auburn Hills, MI) must increase the number of models it offers while decreasing its capital investment. The company plans to offer 50% more models in 2009 compared to 2004, according to John Felice, VP of manufacturing, technology and global enterprise for Chrysler.

A 1965 Shelby Cobra 427 shown at the Detroit Auto Show was additively manufactured on a Cincinnati BAAMCI machine by DOE’s Oak Ridge National Laboratory (ORNL), one of seven founding members of the Institute for Advanced Composites Manufacturing Innovation. The Detroit IACMI branch will get $70 million to develop a robust supply chain to improve materials, handling, and machining properties for automotive composites.

German-based automotive supplier Bosch said today it plans to invest $664 million in its U.S. operations this year.

Support for multi-start threads, tapered threads and cross centerline single-point threads give more control over complex threading processes.

Platinum Tooling Technologies, with its expertise in precision tooling and customer representatives throughout North America, is ready to meet the work holding tool needs for Swiss turning applications by adding Tecnicrafts product line to its roster.