U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
The memo of understanding comes after years of collaboration between the companies.
The chief of the Aluminum Association says his industry is committed to supporting automakers amid the shift to electric vehicles.
Auto racing, which for more than a century has promoted the auto industry, is confronting an uncertain future.
Eaton today announced its eMobility business has received a contract to supply its battery disconnect unit (BDU) in both 400- and 800-volt configurations to a global vehicle manufacturer for use in electrified passenger vehicles.
The new president of the United Auto Workers union today said the union is prepared for tough labor talks with General Motors Co., Ford Motor Co. and Stellantis NV.
Economic contraction began toward the end of 2022, but improvement may occur later in 2023.
Harbour Results Inc. forecast that spending on automotive tooling in North America will reach $8.3 billion in 2025 from an estimated $5.7 billion in 2022.
Renishaw’s Roadshow rolls into Auburn Hills, Mich., next month with the aim of delivering solutions to advanced manufacturing challenges faced by the automotive, aerospace, medical and electronics industries.
Executives from Honeywell discuss the shifts in the auto industry as its transitions from internal combustion engines (ICE) to electric vehicles.
