Slow Auto Recovery Is Forecast December 17, 2020 The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.
GM Quarterly Earnings Rebound November 5, 2020 General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.
Ford Motor Reports 3Q Earnings Rebound October 28, 2020 Ford Motor Co. today reported a third-quarter earnings rebound on sales of trucks and SUVs. The automaker cautioned some bumps remain.
Durable Goods Orders Rise on Transportation October 27, 2020 Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Demand for Automation, Robots Spikes September 4, 2020 Demand for automation and robots is surging in multiple industries, including automotive, writes the CEO of Thomas.com.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Ford Leases Boston Dynamics Robots July 28, 2020 Ford Motor Co. is leasing four-legged robots from Boston Dynamics as part of a program to reduce cost and boost efficiency.
Grede Acquires Some Assets From RMG Waukesha June 3, 2020 Grede said it has acquired some assets of Renaissance Manufacturing Group (RMG) Waukesha, LLC.
Manufacturing in the Middle of COVID-19 Pandemic March 18, 2020 Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
Kyocera to Build New R&D Center December 21, 2020 Kyocera Corp. said it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan.
