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GM Earnings Fall in Fourth Quarter

General Motors Co. said Feb. 1 that fourth-quarter earnings slid but that full-year results improved compared with a year earlier.

Eaton Introduces New Business Unit

Power management company Eaton announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle (EV) transmission, reduction gearing and differential portfolio.

Manufacturing Adds 36,000 Jobs

Manufacturing added 36,000 jobs last month, with the majority in durable goods, according to a breakdown by industry issued today by the U.S. Bureau of Labor Statistics.

Machine Tool Mega Show TIMTOS x TMTS 2022 Opens

TIMTOS x TMTS 2022, the first co-branded machine tool mega show in Taiwan has opened. A total of 950 exhibitors in 5,100 booths has packed Taipei Nangang Exhibition Center Hall 1 & 2. The physical show will go for six days while the one-month online exhibition till March 21.