Category: Logistics

November 15, 2019

U.S. manufacturing output slumped in October by the most in six months as an auto workers’ strike at General Motors Co. curtailed vehicle production and the trade war continued to weigh on other factories. The 0.6% decline in output followed […]

November 12, 2019

FRANKFURT — Continental posted a 20 percent drop in adjusted operating profit in the third quarter. The German supplier reiterated that consolidated sales in the third quarter were about 11.1 billion euros ($12.2 billion) and its adjusted EBIT margin was […]

November 8, 2019

Kroll, a division of Duff & Phelps (the global leader in risk mitigation, investigations, compliance, cyber resilience, security and incident response solutions) found that the figure was 10% higher in the manufacturing sector than the global average (47%). More than […]

November 6, 2019

TOKYO — Subaru Corp. lowered its annual profit forecast on expectations of a stronger yen and the impact on production from a typhoon last month. Japan’s smallest major automaker, which is owned a fifth by top-ranked Toyota Motor Corp., cut […]

October 24, 2019

A gauge of U.S. factory activity unexpectedly improved in October for a second month, offering some hope that the manufacturing sector is stabilizing. The IHS Markit manufacturing Purchasing Managers’ Index rose to 51.5 from a final September reading of 51.1, […]

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 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 2, 2019

NEW YORK, Oct. 2, 2019 /PRNewswire/ — Web Cameras market worldwide is projected to grow by US$4 Billion, driven by a compounded growth of 8.2%. USB, one of the segments analyzed and sized in this study, displays the potential to […]