Category: Process

October 23, 2019

PARIS — PSA Group reported a rise in third-quarter revenue on strong demand for its pricier utility vehicles, but the automaker said overall vehicle sales fell, and it lowered outlook for major auto markets. Revenue for the July to September […]

October 22, 2019

FRANKFURT — Continental said on Tuesday that slower automobile production growth over the next five years had forced the supplier to book a 2.5 billion euro ($2.8 billion) impairment. The auto industry slowdown has already prompted profit warnings from various […]

October 21, 2019

DETROIT — Ford Motor Co.’s Jim Hackett and Wall Street analysts started this year frustrated with one another. Sure, the automaker had been underperforming, but the CEO appealed for time to show he was fixing things. He assured them the […]

October 21, 2019

Volkswagen Group’s Spanish brand, Seat, was forced to halt production amid demonstrations in Barcelona following the jailing of Catalan separatist leaders, Spanish media said. Seat stopped production lines from midday on Thursday until Friday night amid demonstrations in favor of […]

October 17, 2019

SHANGHAI (Reuters) – Tesla Inc was added to a government list of approved automotive manufacturers, China’s industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country. The list was […]

October 15, 2019

Deutsche Lufthansa AG’s Swiss airline grounded its fleet of Airbus SE A220 jets after the latest incident with Pratt & Whitney engines forced a London-Geneva flight to land in Paris. Lufthansa’s Swiss unit, the world’s biggest operator of the narrow-body […]

October 11, 2019

The venture puts 5G slicing, edge computing and smart manufacturing into trial at Bluetron to meet the data requirements of industrial production. Chen Xinyu, General Manager of ZTE Telecom Cloud & Core Network product line, commented: “Committed to continuous technological […]

October 10, 2019

Recycling batteries is the key to securing enough raw materials to power the surge in electric vehicle demand, according to a winner of the Nobel Prize in Chemistry. “The point is whether EV batteries can be recycled,” said Akira Yoshino, […]

October 10, 2019

BEIJING — General Motors’ light-vehicle sales in China fell 18 percent in the third quarter, as the automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in a key mid-priced crossover segment. GM […]

October 9, 2019

DUESSELDORF — New Thyssenkrupp CEO Martina Merz on Wednesday paved the way for deeper job cuts at the ailing conglomerate, telling employees in an internal memo such a step was necessary for a much-needed turnaround. Thrown into crisis by a […]