Airbus plans to boost production of biggest jets amid rebounding demand
Airbus is ramping up production of it's larger aircraft, the A350 and A330neo in an effort to stay abreast of demand as international travel picks back up.
Ford halts production of electric pickup after ‘potential’ battery issue
The Ford Motor Company has announced the halt of production and delivery of its electric pickup truck, F-150 Lightning due to battery issues.
Ford cutting 3,800 European jobs in EV push
Ford will cut around 3,800 jobs in product development and administration in Europe as the U.S. automaker cuts global costs to expand more in electric vehicle market.
New Toyota chief says he will accelerate shift in EV strategy
Koji Sato is set to become chief executive of Toyota Motor Corp. in April. As CEO he hopes to position Toyota among BYD and Tesla in electric vehicle sales.
Gigapresses: The giant die casts reshaping car manufacturing
Tesla has pioneered the use of massive casting machines to make large single pieces of vehicle underbodies, streamline production and reduce the work of even robots.
Biden touts manufacturing jobs, as industry pushes for more action in State of the Union follow
President Biden touted the growth of the manufacturing sector during his State of the Union address, which he attributed in part to the bipartisan CHIPS and Science Act.
3M investor raises concerns about company leadership
An investor said 3M’s revenue and earnings have been disappointing since Mike Roman became CEO. Earplugs and forever chemical litigation continues to plague 3M.
Airbus revives order from Qatar Airways following paint-dispute settlement
Airbus will resume deliveries of 73 new aircraft ordered by Qatar Airways after settling a quality control dispute. New airplanes will be a mix of A321 and A350 aircraft.
EV maker Rivian cutting 6% of workforce, but manufacturing jobs spared
Electric vehicle maker Rivian Automotive announced that it will lay off about 6% of its workforce amid a push to cut costs and reach profitability in a competitive EV market.
As Tesla ignites an EV price war, suppliers brace for Musk seeking givebacks
Most Tesla suppliers, which include battery makers Panasonic, LG Energy Solution, and CATL, as well as Italian casting machine maker IDRA Group, avoid discussing the carmaker publicly.
US manufacturing sector sinks further in January
The ISM survey's forward-looking new orders sub-index plunged to 42.5 in January from 45.1 in December. It was the fifth straight month that this measure has contracted.
Caterpillar earnings show sales up 20% on strong demand
Elevated costs for materials and freight shipping, and constricted supplies of key components, including semiconductor chips, persisted, the company said.
Boeing will open new assembly line to build 737 Max planes
Boeing to crank out 737 Max airplanes to fill backlog of orders from United, Delta, and Southwest caused by the jet being grounded for nearly two years after two deadly crashes.
Paris rushing to finish 2024 Olympics construction work
The Porte de la Chapelle Arena in construction for the Paris2024 Olympic games has been delayed by supply chain distortion caused by Russia's invasion of Ukraine.
Who's to blame? Jet delivery delays spark penalties battle
Airbus and Boeing are on average delivering new jetliners three-to-six months late, blaming post-pandemic havoc in supply chains, delegates at two major aviation conferences said.
Emerson Electric bids to buy national instruments for nearly $7 billion
Emerson Electric makes its offer to acquire National Instruments Corp public to shareholders after receiving the cold shoulder from management for months.
Several top Rivian executives depart the electric vehicle startup
Rivian has seen the departure of multiple executives as growth failed to meet 25,000 electric vehicle goal for 2022. Rivian stock is down 79% since its IPO.
To bring the old Boeing back, profit isn’t enough
Boeing does not plan to develop a new plane until the mid 2030s risking becoming complacent against rival Airbus in the race for next generation planes.
Tesla sends Shanghai boss and aides to jumpstart US output
Members of Teslas China team brought in by Elon Musk to improved production at US factory in Austin, Tex. Tom Zhu thought to be slated for larger roll.
Tesla's key managers in China
These are the members of Tesla's China team tapped to overhaul production at the Austin Gigafactory while CEO Elon Musk keeps Twitter out of bankruptcy.