Lear Selected by GM for EV Unit October 28, 2022 Lear Corp. said it has been selected by General Motors to exclusively supply the Battery Disconnect Unit (BDU) on all full-size SUVs and trucks built on the automaker’s Ultium EV Platform through 2030.
Ford Posts Quarterly Loss on Argo Costs October 26, 2022 Ford Motor Co. today reported a quarterly loss on a writedown of its investment in self-driving company Argo AI.
An Industry in Transition July 14, 2022 The automotive industry is in transition, but perhaps not the type of transition that many analysts, forecasters, and company executives expected.
Fast Radius to List on NASDAQ Through Business Combination with ECP Environmental Growth Opportunities Corp. July 22, 2021 Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
Boeing Returns to Profit as Plane Deliveries Surge July 28, 2021 Boeing Co. today reported a second-quarter profit as commercial aircraft deliveries soared compared with a year-earlier loss when COVID-19 hammered the aerospace industry.
Siemens Extends Xcelerator Portfolio July 29, 2021 Includes new functions for efficient electrical and automation design of industrial equipment
Ford Reports Quarterly Profit on Finance Unit July 28, 2021 Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.
Durable Goods Orders Increase in May Based on Transportation June 24, 2021 New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
Sandvik to Acquire CAM Software Company Cambrio July 6, 2021 Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.
E-mobility Increases Issues for Leak Detection August 5, 2021 Today’s rapid and unexpected growth in the production of vehicles with alternative drive systems is giving carmakers and their manufacturing partners a wide range of leak-detection challenges to ensure vehicle quality.
