A South Korean battery manufacturer said it would quadruple its planned investment in a new factory in Arizona to meet growing demand from automakers that are trying to ramp up production of electric cars and trucks. The company, LG Energy Solution, said it would invest $5.5 billion to build the complex near Phoenix, where it… Continue reading LG Will Spend $5.5 Billion on a Battery Factory in Arizona
Tag: People
Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade
A Mercedes-Benz van retrofitted with different types of lidar systems, including Luminar’s Iris, to showcase the differences in the technologies. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a recent Wall Street downgrade, is responding in an unusual way: taking its case directly to the shareholders. In a letter seen by CNBC on… Continue reading Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade
UAW presidential race might finally be called on Saturday
Saturday might be the day when members of the United Auto Workers finally know who will lead the Detroit-based union through potentially one of its most critical negotiations and for the next four years. Tabulation of the presidential race will resume at 9:30 a.m. Saturday at the Region 1A office in Taylor. Just 505 votes… Continue reading UAW presidential race might finally be called on Saturday
Ford teases ‘Project T3,’ next-gen electric pickup to be built in Tennessee
“Trust the Truck.” That’s the saying behind the code name of the next-generation F-Series truck Ford Motor Co. will build at its under-construction, $5.6 billion mega-campus in West Tennessee. The Dearborn automaker on Friday offered its first teaser on the product that will be built at BlueOval City, revealing that it is codenamed ‘Project T3.’… Continue reading Ford teases ‘Project T3,’ next-gen electric pickup to be built in Tennessee
BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 24, 2023 /PRNewswire/ — Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar” or the “Company”) today announced details for the release of its results for the first quarter ended March 31, 2023. Braemar plans to issue its earnings release for the first quarter after the market closes on Tuesday, May 2, 2023, and… Continue reading BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
@VW Group: Automobili Lamborghini: Factory and Production Turn 60006870
From the 350 GT to the URUS; the Sant’Agata Bolognese facility celebrates 60 years of history Sant’Agata Bolognese, March 24, 2023 – Today Automobili Lamborghini is a world-renowned company, with over 2,000 employees and delivering 9,233 cars in 2022. However, when Ferruccio Lamborghini founded the company in 1963, he started from scratch. Over the last… Continue reading @VW Group: Automobili Lamborghini: Factory and Production Turn 60006870
German Manager Magazin: Combustion engine dispute: agreement is in the offing – Volker Wissing: “The last legal questions are still open”002388
According to Federal Transport Minister Volker Wissing (52, FDP), there are still unanswered questions in the dispute over the future of new cars with combustion engines in the EU. “Now the last legal questions still have to be clarified as far as the technical implementation of this proposal is concerned,” he said on Friday in… Continue reading German Manager Magazin: Combustion engine dispute: agreement is in the offing – Volker Wissing: “The last legal questions are still open”002388
Micross Celebrates the Grand Opening of its New State-of-the-Art Flagship Semiconductor and Specialty Electronics Manufacturing Facility in Apopka, FL
MELVILLE, N.Y., March 24, 2023 /PRNewswire/ — Micross Components, Inc. (“Micross” or the “Company”), a leading provider of high-reliability microelectronic product and service solutions for aerospace, defense, space, medical and industrial applications, celebrated the grand opening of its new 85,000 sq. ft. state-of-the-art flagship semiconductor and specialty electronics manufacturing facility in Apopka, FL, on March… Continue reading Micross Celebrates the Grand Opening of its New State-of-the-Art Flagship Semiconductor and Specialty Electronics Manufacturing Facility in Apopka, FL
@Toyota: Celebrating 30 Years of the Toyota Production System Support Center
Unique not-for-profit shares the power of the Toyota Production System to help support communities and businesses PLANO, Texas (March 24, 2023) – How does decades of assembling some of the world’s best vehicles help improve small and mid-sized manufacturers, food banks, health care providers and government agencies? For more than 30 years, Toyota Production System… Continue reading @Toyota: Celebrating 30 Years of the Toyota Production System Support Center
@Toyota: Celebrating Women’s History Month: Driving Inspiration – Meet Some of the Women Behind Toyota and Lexus
The people behind the products and projects are what make the Toyota and Lexus brands so unique. So, in honor of Women’s History Month, we’re highlighting a few of the many trailblazers who are helping drive the industry forward while also making a positive impact at the company. From those who came before them to… Continue reading @Toyota: Celebrating Women’s History Month: Driving Inspiration – Meet Some of the Women Behind Toyota and Lexus