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.
The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.
Getman Corp. produces explosive chargers and mining support vehicles.
Eaton provides a case study of how traditional auto suppliers are moving to adapt to the EV era.
General Motors Co. today reported a higher third-quarter profit on increased revenue bolstered by more truck sales.
German-based automotive supplier Bosch said today it plans to invest $664 million in its U.S. operations this year.
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.
Preventive maintenance is essential for manufacturers to reduce downtime—and the vast amounts of data being produced by plants can be effectively used for predictive maintenance.
Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.
