Ford recalls nearly 50,000 Mustang Mach-Es, halts deliveries over safety defect

Ford Motor Co. is recalling nearly 50,000 Mustang Mach-Es and telling dealers to pause deliveries of the all-electric crossover due to a safety defect that could result in power loss. The Dearborn automaker has filed a recall notice with the National Highway Traffic Safety Administration regarding an issue on some Mach-Es that can cause the vehicle’s high-voltage… Continue reading Ford recalls nearly 50,000 Mustang Mach-Es, halts deliveries over safety defect

Meta’s Giphy acquisition will likely stay blocked after UK appeals court ruling

In a judgment on Tuesday, an appeals tribunal in the United Kingdom largely upheld a previous ruling ordering Meta (parent company to Facebook) to unwind its acquisition of Giphy, as first reported by the Financial Times. The judgment comes more than six months after the initial ruling by the UK’s Competition and Markets Authority (CMA)… Continue reading Meta’s Giphy acquisition will likely stay blocked after UK appeals court ruling

UPS, PILOTS REACH TENTATIVE AGREEMENT ON TWO-YEAR CONTRACT EXTENSION

LOUISVILLE, Ky., June 14, 2022 /PRNewswire/ — The Independent Pilots Association (IPA) and UPS Airlines (NYSE: UPS) today announced a tentative agreement on a new two-year contract extension. The short term agreement provides for contract improvements in compensation and retirement.  Specific details of the agreement will not be disclosed before the IPA presents the proposed… Continue reading UPS, PILOTS REACH TENTATIVE AGREEMENT ON TWO-YEAR CONTRACT EXTENSION

Quantic™ Electronics Acquires Microwave Dynamics

IRVINE, Calif., June 14, 2022 /PRNewswire/ — Quantic™ Electronics (“Quantic”), a portfolio company of Arcline Investment Management (“Arcline”), today announced the acquisition of Microwave Dynamics, a leader in high-precision microwave and millimeter wave components. Founded in 1993, Microwave Dynamics designs and manufactures free running and phase-locked oscillators, amplifiers, frequency converters, and frequency multipliers for aerospace, defense,… Continue reading Quantic™ Electronics Acquires Microwave Dynamics

Flex Expands Regional Strategic Automotive Manufacturing Hub in Jalisco, Mexico to Enable Next-Generation Mobility

SAN JOSE, Calif., and GUADALAJARA, Jalisco, June 14, 2022 /PRNewswire/ — Flex (NASDAQ: FLEX) announced it is expanding its automotive industry operations in Jalisco, Mexico. The company is building a new 145,000-square-foot state-of-the-art facility that will serve as the strategic in-region automotive manufacturing hub dedicated to producing advanced electronic components that will accelerate the era… Continue reading Flex Expands Regional Strategic Automotive Manufacturing Hub in Jalisco, Mexico to Enable Next-Generation Mobility

Flex amplía su centro regional estratégico de manufactura de componentes automotrices en Jalisco, México, para hacer posible la movilidad de próxima generación

SAN JOSE, California y GUADALAJARA, Mexico, 14 de junio de 2022 /PRNewswire/ — Flex (NASDAQ: FLEX) anunció que se encuentra expandiendo sus operaciones de industria automotriz en Jalisco, México. La compañía está construyendo una nueva planta de 145.000 pies cuadrados con tecnología de punta que servirá como el centro estratégico de manufactura automotriz en la región,… Continue reading Flex amplía su centro regional estratégico de manufactura de componentes automotrices en Jalisco, México, para hacer posible la movilidad de próxima generación

SMMT response to end of Plug-in Car Grant

14 June 2022 #Electric & Alternatively-Fuelled Vehicles #Emissions #SMMT News Mike Hawes, SMMT Chief Executive: The decision to scrap the Plug-in Car grant sends the wrong message to motorists and to an industry which remains committed to Government’s net zero ambition. Whilst we welcome government’s continued support for new electric van, taxi and adapted vehicle… Continue reading SMMT response to end of Plug-in Car Grant

German FAZ: Opel parent company Stellantis leaves European car association003579

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German FAZ: Less gas from Moscow003581

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