Auto Industry Loses Sales, Adds Debt Because of COVID-19 June 5, 2020 The global auto industry is losing sales and increasing its debt because of the novel coronavirus (COVID-19), consulting firm AlixPartners said in a presentation this week.
GM Reports Quarterly Loss on Impact of COVID-19 July 29, 2020 General Motors Co. today reported a second-quarter loss as the novel coronavirus (COVID-19) resulted in lower vehicle sales.
GM, Smaller After Rescue, Still Contributor to Economy, CAR Says February 24, 2020 General Motors Co., shrunken after a 2009 U.S. bailout, still provides a boost to the U.S. economy, the Center for Automotive Research said in a report.
AI Enters Inspections September 8, 2020 An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
COVID-19 Pressing Auto Industry Hard, Trade Group Chief Says March 24, 2020 The auto industry is being pressed hard by the novel coronavirus (COVID-19), the head of an automotive trade and lobby group said today.
Ford, Declaring Itself a Mobility Company, Revisits an Old Strategy November 8, 2018 Dearborn, MI-based Ford said Nov. 8 it acquired Spin (San Francisco) a “scooter-sharing company that provides customers an alternative for first- and last-mile transportation.” Spin currently operates in 13 U.S. cities. A Spin scooter costs $1 to rent and 15 cents a minute, according to Ford.
Manufacturing Adds 32,000 Jobs in October on Gains in Transportation November 2, 2018 U.S. manufacturing added 32,000 jobs in October, with a major gain in transportation employment.
How Honda Got Factories Ready for New Accord March 26, 2018 Automaker prepped two Ohio plants for the redesign of its flagship car.
What Makes AGVs Move Around Factory Floor June 13, 2018 Konrad Lorenz won the Nobel Prize in Physiology and Medicine in 1973 for his experiments with animal behavior. Lorenz discovered the principle of imprinting, where a bond is formed between a newborn animal and a caregiver. This is the mechanism where an auditory or visual stimulus is used to induce the young to follow its parents.
