Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Siemens’ latest Simcenter Testlab release now available September 18, 2019 Simcenter Testlab enables better usage of test-based data, from design and simulation to validation and certification.
Humatics, Eckhart Demonstrate New AGV August 23, 2018 Humatics Corp. and Eckhart Inc. this week demonstrated a new factory automatic guided vehicle (AGV) capable of changing routes on the fly.
Yamaha to Deploy Siemens Software September 7, 2017 Yamaha Motor Co., Ltd., a manufacturer of diverse motorized products in Japan, has selected Siemens to provide product lifecycle management (PLM) software to support its digitalization initiative.
Bill Ford’s Third Act: Fighting for Automaker’s Future, His Own Legacy August 11, 2017 Bill Ford, executive chairman of Ford Motor Co., is now in Act III in his career at the automaker. The outcome will determine Ford Motor’s future and his legacy.
Edag and Bosch Engineering Announce Project-based Collaboration February 21, 2024 The memo of understanding comes after years of collaboration between the companies.
Divergent Adds $230 Million in Funding November 13, 2023 Funding round will accelerate Divergent's commercial scale-up across automotive, aerospace, and defense production, the company says.
UAW Members Overwhelmingly Vote to Authorize Strike Amid Growing Dissatisfaction August 28, 2023 UAW members' overwhelming strike authorization vote at General Motors, Ford, and Stellantis reflects growing discontent and demands for equitable benefits amidst record profits, potentially reshaping the landscape of the auto industry.
New Mega-Supplier Targets Green Solutions August 18, 2023 The Faurecia-Hella merger has birthed Forvia, a forward-looking automotive powerhouse pioneering electrification, energy management, sustainable materials, and cutting-edge cockpit and lighting innovations.