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Global and U.S. vehicle sales will decline this year as a tight supply of semiconductors continues to hold down deliveries, consulting firm AlixPartners said today.

New orders for durable goods increased 0.7 percent to $267.2 billion in May, paced by a gain in orders for transportation equipment, the Commerce Department said today.

Auto suppliers regroup to position themselves for the future in the wake of myriad disruptions.

How are companies equipping their employees with the tools they need in order to thrive? Unfortunately, many companies are not equipping their teams at all.

For cutting tool manufacturers serving the automotive industry, the industry’s electrification is an existential challenge and a revolutionary opportunity.

Craig Guth has been using an ACU-RITE MILLPWR control in his home shop to make custom motorcycle parts, and he is still using that same unit today. Not only that, but his love of machining secured him a full-time job in 2003 at The Toro Company headquarters in Bloomington, Minn.

In today’s ever-changing environment, planning—and investing in next-generation solutions—is more critical than ever.

General Motors Co. said today its second-quarter profit fell on supply chain disruptions caused by an ongoing shortage of semiconductors.

Boeing Co. today reported lower quarterly earnings partly because of its defense business.

Dassault Systèmes announced a supply and maintenance agreement with Hyundai Motor for Dassault Systèmes’ CATIA applications.