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

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.

Expansion in the manufacturing economy improved in February with contributions from new orders and production, the Institute for Supply Management said today.

The auto industry’s shortage of semiconductors will last into 2023 and possibly beyond, according to forecasts delivered on Feb. 23

Additive manufacturer Stratasys Ltd. said Feb. 23 fourth-quarter revenue increased by 17 percent from a year earlier.

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.

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.

The combination of AI with IIoT delivers intelligent, connecting systems that can self-correct and self-heal themselves.

Smart mechatronics offers greater intelligence, more efficient operation and a modular approach to delivering complete systems.

Cutting tool orders rose in December on both a monthly and year-over-year basis.