Eaton Introduces New Business Unit February 24, 2022 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.
Auto Semiconductor Shortage Forecast to Extend Into 2023 February 23, 2022 The auto industry’s shortage of semiconductors will last into 2023 and possibly beyond, according to forecasts delivered on Feb. 23
North American Automotive Tooling Spend Forecast to Reach $8.3B in 2025 November 15, 2022 Harbour Results Inc. forecast that spending on automotive tooling in North America will reach $8.3 billion in 2025 from an estimated $5.7 billion in 2022.
GM Quarterly Profit Rises January 31, 2023 General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.
Ford Bails Out of Self-Driving Vehicles (For Now, Anyway) November 1, 2022 Ford Motor Co. last week reported a large third-quarter loss after writing off its investment in self-driving company Argo AI. The move demonstrated why managing in the auto industry is hard.
Eaton: Case Study for Suppliers Adapting to EVs October 31, 2022 Eaton provides a case study of how traditional auto suppliers are moving to adapt to the EV era.
Caterpillar Profit Rises on Higher Revenue October 27, 2022 Heavy equipment maker Caterpillar Inc. today reported an increased quarterly profit as revenue rose.
Scaling Up to Higher Profits December 12, 2022 Getman Corp. produces explosive chargers and mining support vehicles.
Bosch Adds EV Motor Production in South Carolina November 30, 2022 Robert Bosch GmbH continues to beef up its electromobility capabilities and transition away from diesel-related components with the launch of electric motor production at its Charleston, S.C., manufacturing facility.
Cranking Up Crankcase Production October 4, 2022 Success in high-volume engine manufacturing requires the utmost in precision machining, reliability, intelligent engineering, and, above all, automation.