German automotive supplier Bosch has issued a stern warning to Chinese electric vehicle (EV) makers that an escalating price war would not only hurt their profitability but also dent their stature as global industry leaders. David Xu Daquan, president of Bosch China, told reporters at a media briefing on Tuesday that he had made a […]
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its 737 jet family by three months, two industry sources said, as it continues to struggle with a crisis that is hurting output. A new Boeing supplier schedule communicated to the industry calls for 737 output […]
By Andrew Silver, Timothy Aeppel and Rozanna Latiff SHANGHAI (Reuters) – Higher U.S. tariffs on medical gloves, syringes and face masks from China are unlikely to make U.S. producers more competitive, as other low-cost suppliers are expected to rush in to fill the gap, industry executives said. Earlier this month, Washington announced steep tariff hikes […]
By Maki Shiraki TOKYO (Reuters) – Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to people with knowledge of the automaker’s operations. The stoppages, details of which were corroborated by documents from Toyota and suppliers reviewed by Reuters, […]
By Maki Shiraki TOKYO (Reuters) – Toyota Motor was forced to repeatedly halt production at a Mexico plant in February and March after local labour shortages snarled output at suppliers, according to people with knowledge of the automaker’s operations. The stoppages, details of which were corroborated by documents from Toyota and suppliers reviewed by Reuters, […]
The EU plans to outlaw the sale of new fossil fuel-powered cars from 2035, meaning some jobs will inevitably become redundant (Léa PERNELLE) Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he works in northern Germany is slated […]
(Bloomberg) — One major beneficiary of sanctions on Russian and Venezuelan oil? US suppliers who’ve muscled their way into markets once dominated by OPEC and its allies. Most Read from Bloomberg US oil exports have set five new monthly records since Western nations began imposing sanctions on Russia in 2022. And with trade restrictions on […]
Mar. 22—NAPPANEE — Newmar Corporation, a wholly owned subsidiary of Winnebago Industries, recognized several suppliers and individual contributors for their supply chain performance for 2023 at its annual banquet March 14 at the Samluung Platz Event Center. The annual awards recognize suppliers for outstanding performance based on internal surveys measuring each supplier in multiple categories […]
Mar. 14—A developer is seeking a rezoning to construct a “spec” building aimed at enticing electric vehicle suppliers or other similar businesses. Konrad Meinzer, owner of the property at 414 E. 400 just north of the Stellantis Indiana Transmission Plant, is requesting a rezoning from agriculture to high intensity industrial/heavy manufacturing. The request will be […]
Production at the US car manufacturer Ford’s plant in western Germany resumed on Thursday following the temporary return to work of employees from several suppliers in the city of Saarlouis on the French border. “I can confirm that production was at a standstill until yesterday and that Ford Focuses have been rolling off the production […]
(Bloomberg) — Huawei Technologies Co. and its partner Semiconductor Manufacturing International Corp. relied on US technology to produce an advanced chip in China last year, according to people with knowledge of the matter. Most Read from Bloomberg Shanghai-based SMIC used gear from California-based Applied Materials Inc. and Lam Research Corp. to manufacture an advanced 7-nanometer […]
A fire that destroyed a building which housed suppliers for the vaping industry caused multiple explosions that killed one person and injured a firefighter as the blasts rocked the US city of Detroit, sending gas canisters and debris shooting into the air, authorities said. The debris fell as far as a mile away, the Clinton […]