GM’s EV push stalls amid slow rollouts for GMC Hummer, Cadillac Lyriq
GM will not surpass Tesla this year in electric vehicle sales. GM has found it harder than expected to move away from fossil fuel cars and scale EV manufacturing.
Manufacturers urge Biden to reverse tax changes that have hurt investment
The National Association of Manufacturers is urging President Biden to call for the reversal of tax policy changes hurting the industry as he rolls out his new budget proposal.
Boeing 767 freighter, KC-46 tanker face delivery snags due to fuel tank problem
Boeing says that the third party supplier made fuel tank issue affecting the KC-46 Pegasus and the 767 Freighter will not delay deliveries. Tanks require new paint.
Century-old NC paper mill that employs 1,100 to abruptly close, mayor says small town's soul being ripped out
A paper mill that has operated in Canton, North Carolina, for over a century announced it will be shutting down, leaving the local community devastated.
Fed’s rate moves put manufacturing sector at risk
Inflation and a slowdown in international demand threaten US manufacturing base. A looming recession and weaker manufacturing data has experts worried.
DeSantis' work ethic shaped by electrician job, working-class background
Florida Governor Ron DeSantis wrote in his new book that his first job out of high school as an electrician's assistant and his working-class upbringing helped shape his work ethic.
Ford seeks to patent technology to lock out drivers who are late on car payments
A newly published patent application from Ford has revealed that the automaker wants to be able to lock drivers out of their vehicles for nonpayment and even allow the vehicle to repossess itself.
GE plans to invest over $450 million to upgrade US manufacturing in 2023
General Electric will invest $450 million in manufacturing. It will allocate $335 million of that to aerospace and $117 million to healthcare ahead of a planned divesture.
Tesla readies revamp of Model Y codenamed 'Juniper' - sources
As Tesla's investor day approaches, Elon Musk's EV maker is set to revamp its top selling models by 2024. Changes would help cut costs through efficient manufacturing.
Manufacturing contracts for third straight month
The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.
EV startups from Lucid to Rivian see demand fade, supply chain issues linger
US EV startups Rivian, Lucid Motors, Nikola and Fisker struggle with sales as legacy auto makers' and Tesla's margins allow them to sell vehicles at much lower costs.
Pentagon to reap rewards from $53B Chips Act
Commerce Secretary Gina Raimondo has outlined further details of the implementation of the Chips Act, which will include government sharing in excess profits and DOD priority.
US manufacturers urge House select committee on the CCP to help American businesses compete with China
The National Association of Manufacturers is calling on the House select committee on the U.S.-China competition to take steps to enhance the American manufacturing sector.
Boeing shares drop as 787 Dreamliner issues expand
The Boeing Company has stopped the delivery of its 787 Dreamliner after the company found an analysis error related to a fuselage component by supplier Spirit AeroSystems.
Ford extends F-150 production halt
The Ford Motor Co. on Friday announced it was extending the production halt of its F-150 Lightning electric pickup truck after a battery caught fire at a holding lot in Dearborn, Michigan.
US aims to create semiconductor manufacturing clusters with Chips Act funds
US Secretary of Commerce Gin Raimondo lays out Washington's plan to organize and shape the semiconductor manufacturing industry from the top, down, through 2030.
Manufacturers to EPA: We’re leading air quality gains, we don’t need more rules
The National Association of Manufacturers is pushing back against a rule proposed by the Biden administration's EPA to tighten air quality rules, arguing it will hurt the economy.
Deere earnings double and sales rise on higher production
The world’s largest seller of tractors and crop harvesters is now expecting higher earnings for the year after reporting a profit of $1.96 billion for the quarter ended Jan. 29.
Ford CEO Jim Farley grapples with problems from the auto maker’s past
Jim Farley hopes to return Ford to its roots, by streamlining production and offering fewer options. Says more job cuts necessary after recently cutting 6,800 jobs.
Tesla workers in New York launch union drive
Tesla workers at the electric vehicle giant's Gigafactory NY in Buffalo announced Tuesday they are launching a unionization effort, seeking higher pay and "a voice on the job."