At a time when skeptics wonder about the demand for all-electric vehicles, automakers including Ford Motor Company, continue to see steady orders even as prices rise. Ford reopened its retail order banks Thursday for those who already hold reservations to buy the F-150 Lightning pickup truck as three work shifts and full production return to… Continue reading Ford F-150 Lightning price climbs — again
Tag: Strategy
As auto industry struggles to fill good-paying jobs, Ford unveils new strategy
Ford is having a problem filling jobs that can grow to six figures quickly. Go to Source
Personnel changes at Robert Bosch GmbH
About Bosch The Bosch Group is a leading global supplier of technology and services. It employs roughly 420,000 associates worldwide (as of December 31, 2022). According to preliminary figures, the company generated sales of 88.4 billion euros in 2022. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy… Continue reading Personnel changes at Robert Bosch GmbH
Bosch presents automation software for service robots at LogiMAT
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, it generated sales of 52.6 billion euros in 2022, and thus contributed almost 60 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that… Continue reading Bosch presents automation software for service robots at LogiMAT
MARK IRION NAMED CHIEF EXECUTIVE OFFICER OF TNT CRANE & RIGGING
HOUSTON, March 30, 2023 /PRNewswire/ — TNT Crane & Rigging LLC (TNT), the largest open-shop crane services platform in North America, today announced that its Board of Directors has appointed Mark Irion as its new Chief Executive Officer, effective immediately. Irion succeeds Mike Appling, who has served as TNT’s CEO since 2007. Appling will remain… Continue reading MARK IRION NAMED CHIEF EXECUTIVE OFFICER OF TNT CRANE & RIGGING
Ford invests in Indonesian nickel-processing project to lock up goods
Ford Motor Co. is partnering with mining companies from Indonesia and China to invest in a nickel-processing project as part of the Dearborn automaker’s bid to shore up supplies of key raw materials for electric-vehicle batteries. PT Vale Indonesia Tbk, a nickel producer in Indonesia, and China’s Zhejiang Huayou Cobalt Co. on Thursday announced the… Continue reading Ford invests in Indonesian nickel-processing project to lock up goods
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
GAC plans export push after annual sales boom
Employees work at the assembly lines of GAC Motor, in Guangzhou of Guangdong province, March 20, 2023. [photo/Xinhua] Chinese automobile manufacturer GAC Group, headquartered in Guangzhou, Guangdong province, will facilitate exports of its vehicles to the overseas market following significant increases in sales in the domestic market, according to a senior manager of the company.… Continue reading GAC plans export push after annual sales boom
CANOO INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2022 FINANCIAL RESULTS
SEC Investigation Resolved with the Staff Concluding in a $1.5M Payment Contract Awarded: Department of Defense Selected Canoo for Battery Module Testing and Demonstration First Order Fulfilled: LTV Delivered to US Army Phase 1 SOP Michigan Completed Phase 2 SOP Kicked-off In Pryor and Oklahoma City JUSTIN, Texas, March 30, 2023 /PRNewswire/ — Canoo Inc. (Nasdaq:… Continue reading CANOO INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2022 FINANCIAL RESULTS
Servotronics, Inc. Announces Review of Strategic Alternatives for Consumer Products Group
— Servotronics to focus on core aerospace markets for continued growth — ELMA, N.Y., March 30, 2023 /PRNewswire/ — Servotronics, Inc. (NYSE American – SVT), a designer and manufacturer of servo-control components and other advanced technology products, today announced that the Company’s Board of Directors has authorized the review of strategic alternatives for the Consumer… Continue reading Servotronics, Inc. Announces Review of Strategic Alternatives for Consumer Products Group