TI Fluid Systems recognises top performing manufacturing facilities

Owing to exceptional performance throughout 2022, 13 manufacturing plants within our Fluid Carrying Systems (FCS) and Fuel Tank and Delivery Systems (FTDS) divisions have received internal recognition for their achievements. TI Fluid Systems has awarded a coveted FCS Quality Award to ten FCS plants across the global business in recognition of their exceptional manufacturing performance,… Continue reading TI Fluid Systems recognises top performing manufacturing facilities

Global 3PL Market Report (2023-2028): Rising Shift Towards E Commerce and Omnichannel Fulifillment Bolsters Sector

DUBLIN, March 31, 2023 /PRNewswire/ — The “Global 3PL Market (2023-2028) by Services, Mode of Transport, End-User, and Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis” report has been added to  ResearchAndMarkets.com’s offering. The Global 3PL Market is estimated to be USD 1.50 Tn in 2023 and is expected to reach USD… Continue reading Global 3PL Market Report (2023-2028): Rising Shift Towards E Commerce and Omnichannel Fulifillment Bolsters Sector

Global Logistics Market Report (2023-2028): Growing E-Commerce and Reverse Logistics Operations Boosts Sector

DUBLIN, March 31, 2023 /PRNewswire/ — The “Global Logistics Market (2023-2028) by Transport, Logistic Type, Customer Type, End-User, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis” report has been added to  ResearchAndMarkets.com’s offering. The Global Logistics Market is estimated to be USD 9.66 Tn in 2023 and… Continue reading Global Logistics Market Report (2023-2028): Growing E-Commerce and Reverse Logistics Operations Boosts Sector

Ford salaries in 2022: How much CEO Jim Farley earned

Ford CEO Jim Farley received total compensation of $20,996,146 in 2022, according to documents the Dearborn automaker filed Friday with the U.S. Securities and Exchange Commission. The ratio of the CEO’s total compensation to the median of all employees’ total compensation is 281-to-1, a disclosure required in the annual executive compensation report to the U.S.… Continue reading Ford salaries in 2022: How much CEO Jim Farley earned

Magna planning new $100M Auburn Hills EV seating plant with 500 jobs

Magna International Inc. is planning a new plant in Auburn Hills that would supply seats for future General Motors Co. electric vehicles, the Canadian auto supplier said on Thursday. The potentially more than $100 million investment is expected to create 500 new jobs, spokeswoman Tracy Fuerst said in a statement. It would replace the former… Continue reading Magna planning new $100M Auburn Hills EV seating plant with 500 jobs

GM changes infotainment strategy for future EVs

General Motors Co. on Friday said it’s moving away from using the phone projection systems of Apple CarPlay and Android Auto. Instead, the Detroit automaker plans to use infotainment systems developed with Google on future electric vehicles. The system will be integrated with applications such as Google Maps, Google Assistant, Audible, Spotify and others. The… Continue reading GM changes infotainment strategy for future EVs

Price cuts driving surging demand for Tesla models, company shares

Tesla Inc. shares are set to mark their best-ever start to a year, buoyed by price cuts across the electric-vehicle maker’s lineup in a bid to boost sales. Investors will soon discover if all the enthusiasm was justified. The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing… Continue reading Price cuts driving surging demand for Tesla models, company shares

Europe’s embryonic lithium mining industry digs deeper to meet demand

For 47 years, a chemicals producer in London’s commuter belt has been running a small lithium refinery that’s the only one of its kind in Europe. Now Leverton Lithium is expanding as the rush to secure supplies of the key battery metal intensifies. The pivotal role of lithium-ion batteries in the electric-vehicle revolution is driving… Continue reading Europe’s embryonic lithium mining industry digs deeper to meet demand

Inchcape continues switch from retail to distribution with latest acquisition

Inchcape has acquired Mercedes-Benz’s Indonesian business with Inchcape’s local partner, Indomobil. The move is part of the group’s strategy to become the distributor of choice for carmakers. Inchcape now has just two retail businesses in the UK and Poland following the sale of its retail arm in Russia and Australia. The deal will expand Inchcape’s… Continue reading Inchcape continues switch from retail to distribution with latest acquisition

Immediate action needed to unleash Europe’s Connected Car potential

Immediate action needed to unleash Europe’s Connected Car potential A unique and broad alliance of consumer groups, automotive suppliers, leasing and rental industries, aftermarket operators, vehicle dealers, authorised and independent workshops, data publishers, and insurers have joined forces to call on Commissioner Thierry Breton to urgently bring forward long-planned legislation on access to in-vehicle data,… Continue reading Immediate action needed to unleash Europe’s Connected Car potential