Sven Gräble will take over as Head of Mercedes-Benz Trucks Operations at Daimler Truck AG and will thus be responsible for the global production network of Mercedes-Benz Trucks. In this role, he succeeds Gerald Jank, who will retire on January 31, 2021, after more than 32 years with the company. In the global production network… Continue reading @Daimler: Personnel changes in the Mercedes-Benz Trucks production network: Sven Gräble takes over from Gerald Jank
Tag: Manufacturing
Toyoda Gosei to Establish New Plant for Interiors and Exteriors in Miyagi, Japan
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd.’s production subsidiary in eastern Japan, Toyoda Gosei East Japan Co., Ltd., is establishing a new plant in Ohira, Kurokawa-gun, Miyagi, where its main customer, Toyota Motor East Japan, Inc., is located. This will enhance Toyoda Gosei’s production capacity in the Tohoku region. Construction of the plant will begin in… Continue reading Toyoda Gosei to Establish New Plant for Interiors and Exteriors in Miyagi, Japan
Honeywell Overdelivers On Sales, Announces Four Acquisitions In The Fourth Quarter; Issues 2021 Guidance
CHARLOTTE, N.C., Jan. 29, 2021 /PRNewswire/ — Honeywell (NYSE: HON) today announced results for the fourth quarter and full year 2020 that exceeded investor expectations, as well as its outlook for 2021. The company reported a fourth-quarter year-over-year sales decline of 6%, down 7% on an organic basis, and a full-year sales decline of 11%… Continue reading Honeywell Overdelivers On Sales, Announces Four Acquisitions In The Fourth Quarter; Issues 2021 Guidance
Tesla Roadster production delayed to 2022
Tesla CEO Elon Musk says production for the company’s upcoming Roadster isn’t due to begin until “next year,” roughly two years after the car was initially set to enter production. Tesla announced its $200,000 Roadster back in 2017, when Musk said the car would start being built in 2020. In a tweet, Musk suggested that… Continue reading Tesla Roadster production delayed to 2022
@Tata-JLR: JAGUAR LAND ROVER REPORTS STRONG PROFIT AND CASH FLOW FOR THIRD QUARTER OF FISCAL 2020/21
About Jaguar Land Rover Jaguar Land Rover is the UK’s largest premium automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS STRONG PROFIT AND CASH FLOW FOR THIRD QUARTER OF FISCAL 2020/21
@niche: From Lordstown Motors Lordstown Motors Releases Business Updates; Prepares Ohio Factory to Begin Buildi…000494
LORDSTOWN, OH (January 28, 2021) – Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, has announced another round of commercial, operational and strategic development updates as it remains on track to begin production of the Lordstown Endurance, which is anticipated to be the… Continue reading @niche: From Lordstown Motors Lordstown Motors Releases Business Updates; Prepares Ohio Factory to Begin Buildi…000494
@niche: Electric Car Wars: Who Will Come Out on Top?000494
Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark–Global X Autonomous & Electric Vehicles ETF (DRIV)–has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets… Continue reading @niche: Electric Car Wars: Who Will Come Out on Top?000494
LG ANNOUNCES 2020 FINANCIAL RESULTS
January 29, 2021 LG ANNOUNCES 2020 FINANCIAL RESULTS Open share list Share this content. Highest Fourth-Quarter Sales and Operating Profit in LG’s History, 2020 Profit Also Sets New Company Record SEOUL, Jan. 29, 2021 — LG Electronics Inc. (LG) announced a strong year with 2020 revenues of KRW 63.26 trillion (USD 56.45 billion) and record-setting… Continue reading LG ANNOUNCES 2020 FINANCIAL RESULTS
SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
SK Innovation is working on increasing its electric vehicle (EV) battery production capacity in order to meet a series of requests for increased supply of batteries from global automakers. The company is currently expanding its production plants in Europe, China, and the United States simultaneously. As it continues to secure additional orders and increase its… Continue reading SK Innovation Planning on Making an Aggressive Approach in Order to Become a Top Three Electric Vehicle Battery Supplier Before 2025
Hyundai wrestles with the risks of embracing Apple
By Hyunjoo Jin, Stephen Nellis 5 Min Read SEOUL/SAN FRANCISCO (Reuters) – Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract manufacturer for the U.S. tech giant, dimming the outlook for a deal. FILE PHOTO: The Hyundai booth displays the company… Continue reading Hyundai wrestles with the risks of embracing Apple