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Caterpillar Profit Rises Despite Lower Revenue

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.

Yamaha to Deploy Siemens Software

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.

New Mega-Supplier Targets Green Solutions

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.