BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britain’s exit from the European Union.
March 20, 2019Search
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RK Logistics Group Deploys Fetch Robots in Its Warehouses
RK Logistics Group has unleashed the robots in its warehouses and distribution centers.
March 19, 2019Ford Boosts Output of Big SUVs for Second Time in Two Years
Ford Motor Co. is boosting production of its biggest, highly lucrative sport utility vehicles for the second time in two years at a U.S. factory already bursting at the seams.
March 19, 2019Trump Calls on GM to ‘Bring Jobs °®¶¹´«Ã½â€™ After Ohio Plant Closing
President Donald Trump said he wants an immediate start to talks between General Motors Co. and the United Auto Workers, extending to a third day his calls for the carmaker and union to reopen an Ohio factory.
March 18, 2019Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs
Back in 2017, Toyota said that it would invest at least $10 billion over the course of the next five years in its U.S. manufacturing presence. Now, the Japanese automaker is saying it will exceed that goal in announcing a new commitment of $13 billion in the same timeframe.
March 15, 2019Tesla to Raise Prices, Close Fewer Stores Than Announced
Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.
March 11, 2019Fighting Fakes Was a Big Reason Behind Amazon’s Big Vendor Purge
Amazon.com on March 9 hinted that fighting counterfeits was a reason for its sudden and unexplained purge of thousands of vendors that sowed panic among longtime suppliers.
March 11, 2019WiseTech Global Acquires Singapore Firm Containerchain
WiseTech Global, a logistics company based in Sydney, has acquired Containerchain, a container logistics provider that does business in Asia, Europe and the United States, according to a WiseTech news release.
March 8, 2019Financing Deals Put Tesla Closer to Making Model 3s in China
Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.
March 8, 2019Descartes Posts 16% Profit Gain for Final Quarter, Full Year
The Descartes Systems Group Inc. reported profits grew 16% in 2018, according to a company earnings release.
March 8, 2019