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Category: Process


Logistics, Process

Tesla nears three-month low as JPMorgan adds to deal doubts

August 20, 2018

Via: Reuters

(Reuters) – Tesla Inc (TSLA.O) shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase’s (JPM.N) price target for the electric carmaker added to growing doubts among market players about a plan to take the company […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

Tesla’s Model 3 margins could be dented by costly powertrain: UBS

August 17, 2018

Via: Reuters

(Reuters) – Electric carmaker Tesla Inc’s (TSLA.O) premium Model 3 sedan will not produce better profit margins than a conventional BMW (BMWG.DE) and the company could actually lose $6,000 on every base model due to higher costs for the powertrain, […]


Logistics, Process

Uber narrows loss but is a long way from finding profit

August 16, 2018

Via: Reuters

SAN FRANCISCO (Reuters) – Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go […]


Design &Planning, Process

Ford set to invest $740mn in Michigan Central Station

August 15, 2018

Via: Manufacturing Global

As part of the plans to revamp the station, the car giants will make the building a campus of offices which would base 5,000 tech workers and software engineers. Although the initial plans were drawn up in June, the costs […]


Logistics, Process

Musk says Saudi fund supports Tesla buyout, talks continue

August 13, 2018

Via: Reuters

Tesla (TSLA.O) Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia’s sovereign wealth fund, but had not completed securing the funding. In a blog […]


Design &Planning, Process

Bosch set to invest €77mn in R&D in Germany

August 10, 2018

Via: Manufacturing Global

The Germany-based company, Bosch, is set to invest €77mn ($89mn) on expanding its existing research and development centre in Schwieberdingen, electrive.com reports. It is anticipated that the money will be spent on developing new offices for employees that work on […]


Logistics, Process

Tesla board evaluating CEO Musk’s idea to take company private

August 8, 2018

Via: Reuters

(Reuters) – Tesla Inc (TSLA.O) said on Wednesday its board is evaluating Chief Executive Elon Musk’s idea of taking the company private after he brought the matter up for discussion last week. Musk took Tesla shareholders and the stock market […]


Logistics, Process

The Cost of Traffic Delays? Don’t Ask a Manufacturing Company

August 6, 2018

Via: Industry Week

In pursuit of continuous improvement, leading manufacturers today are highly skilled at reducing waste and taking unnecessary cost out of their operations. But that’s not the case when it comes to the impact of transportation delays. The manufacturing industry understands […]


Process, R&D

Raytheon invests in advanced manufacturing for radar development

August 6, 2018

Via: PR Newswire

TEWKSBURY, Mass., Aug. 6, 2018 /PRNewswire/ — Raytheon Company (NYSE: RTN) announced the opening of a $72 million, 30,000 square foot facility on its Andover, Mass.-based campus, which is now home to some of the industry’s leading innovations in manufacturing. […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

Toyota profits rise, but not in North America

August 3, 2018

Via: Automotive News

TOKYO — Toyota Motor Corp. posted a 19 percent jump in quarterly profit, its best quarterly performance in two-and-a-half years, on the back of higher sales and cost reductions in Asia. Operating profit was 682.6 billion yen ($6.11 billion) for […]