Ford Bails Out of Self-Driving Vehicles (For Now, Anyway) November 1, 2022 Ford Motor Co. last week reported a large third-quarter loss after writing off its investment in self-driving company Argo AI. The move demonstrated why managing in the auto industry is hard.
Eaton: Case Study for Suppliers Adapting to EVs October 31, 2022 Eaton provides a case study of how traditional auto suppliers are moving to adapt to the EV era.
The Clock is Running Out on JIT October 31, 2022 Just In Time (JIT) manufacturing has guided industry for decades. But JIT's time may be running out.
Lear Selected by GM for EV Unit October 28, 2022 Lear Corp. said it has been selected by General Motors to exclusively supply the Battery Disconnect Unit (BDU) on all full-size SUVs and trucks built on the automaker’s Ultium EV Platform through 2030.
In Control: Machine Tool Builders Progress with Power and Precision October 28, 2022 A professor, who visited IMTS in September, discusses trends in machine tools.
Durable Goods Orders Rise on Transportation October 27, 2022 New orders for durable goods rose in September, paced by transportation equipment, the U.S. Commerce Department reported today.
Caterpillar Profit Rises on Higher Revenue October 27, 2022 Heavy equipment maker Caterpillar Inc. today reported an increased quarterly profit as revenue rose.
Ford Posts Quarterly Loss on Argo Costs October 26, 2022 Ford Motor Co. today reported a quarterly loss on a writedown of its investment in self-driving company Argo AI.
Metalformers Forecast Dip in Economic Activity October 26, 2022 Metalforming companies forecast a dip in business conditions during the next three months, according to the October 2022 Precision Metalforming Association (PMA) Business Conditions Report.
CESMII, SME Announce Formation of a Smart Manufacturing Executive Council October 26, 2022 CESMII, the Smart Manufacturing Institute, and SME are announcing the official launch of the Smart Manufacturing Executive Council (SMEC).