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.
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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.
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.
The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.
ExOne Co. and Ford Motor Co. say they are on a path where 3D printing plays a bigger part in automotive manufacturing.
The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Manufacturing employment rose in May, receiving a major boost from motor vehicles and parts where people returned to work after temporary layoffs.
Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.
Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.
Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.