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.
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.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
Detroit Auto Show Gets Pushed Back Again September 22, 2020 The North American International Auto Show, aka the Detroit Auto Show, has been pushed back yet again as the auto show format adjusts to new times.
EMO 2021 Scheduled for October 2021 in Milan, Italy September 24, 2020 Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
Strategies for Expanding EV Acceptance, Adoption September 10, 2020 Boosting consumer acceptance of electric vehicles will require addressing four issues, writes Renee Stephens of We Predict.
Making Parts for Next-Gen Vehicles August 18, 2020 Tesla and the march to all-electric cars and trucks may get most of the press. But the reality is that most U.S. automakers need to tackle the twin challenges of building both new components unique to electric vehicles while also building internal combustion engines (ICEs) that are ever-more fuel efficient.
Stellantis to Be Name of Merged Automaker July 15, 2020 Stellantis will be the name of the automaker created by the merger of Peugeot and Fiat Chrysler Automobiles.
Auto Industry Gets Back Into Gear Following COVID-19 Shutdown August 17, 2020 The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
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.