Manufacturing
IMTS 2020 to focus on connectivity, implementing digital factory
Less than one year until IMTS 2020 opens and the show will reflect the advances in digital manufacturing technologies.
Category: Economy
Industry
Cutting tool use rises slightly YTD 2019
With a year-to-date total of $1.5 billion, 2019 is up 2.6% when compared with 2018.
Vehicle Tech
Trump revokes a waiver allowing California to set its own fuel economy standards
The state's long-standing right to set stricter air pollution standards is blocked.
Manufacturing
Toyota scraps plans to make Corolla in Alabama
Joint Toyota-Mazda plant will build future SUV as small car sales continue to crumble.
Industry
US manufacturing technology orders gain in May
Metal cutting technology orders grew 4.5% while forming & fabricating technologies increased 64.8% from the previous month.
Manufacturing
Zotye USA plans US launch of China-made T600 crossover by late 2020
Company hopes to be the first China-based automaker to sell vehicles in U.S. under its own brand name.
Manufacturing
Volvo shipping cars from South Carolina to Europe
S60 sedan helps balance Volvo imports/exports.
Fleets
Paccar posts record 2018 earnings, shares bright 2019 outlook
$2.2 billion in net income on $22 billion in sales breaks two records for the commercial truck manufacturer.
Manufacturing
2018 auto sales top 17 million for fourth consecutive year
Sales grew less than 1%, easily beating predictions for a 2018 slump.
Manufacturing
Ford boosts pickup, SUV production, cuts car output
Workers in Kentucky and Michigan will move from one Ford facility to another as the automaker rebalances its portfolio to boost production of high-profit large vehicles.
Manufacturing
GM closing 5 North American plants, chopping nearly 7,000 jobs, slashing car production
Up to $3.8 billion restructuring effort would follow Ford's near exit from the car business, slashing jobs in Ohio, Michigan, Maryland, and Canada.
Vehicle Tech
Colorado to adopt California fuel economy standards as Trump seeks to end them
California rules would stick to aggressive Obama-era mileage standards that Trump's administration says are not practical.