Category: Logistics

November 6, 2018

Ford has reduced its manufacturing costs by 40% through its initiative called the Emerging Market Operating Model (EMOM) and has started to develop an increased number of vehicles locally to transition from its “One Ford” plan. Anurag Mehrotra, managing director […]

October 31, 2018

Business with Tesla has yet to contribute to profit. Yet Panasonic said it was in talks to add to its $1.6 billion investment and take capacity at the so-called Gigafactory over the 35 Gigawatt hours (GWh) it is set to […]

October 30, 2018

Profits for the healthcare business at GE rose despite flat sales growth for the third quarter, as the parent company posted a swing to red ink on a -$22 billion charge. The Boston-based industrial conglomerate reported healthcare profits of $861 […]

October 25, 2018

With the company’s mobile phone division now showing narrowed losses overall, it is thought that LG’s focus on mid-range mobile phones as well as its cost reduction plans have enabled the firm to experience smaller losses. It was announced that […]

October 22, 2018

Underpinned by a new BASF cathode plant in Finland, the agreement could provide fresh impetus to European efforts to create battery cell manufacturing capacity in a market dominated Chinese and Korean producers. Chemicals giant BASF will build a plant to […]

October 11, 2018

The agreement to acquire patents and people from the Anglo-German chip designer is not only unusual, but also the largest of its kind by Apple, whose last sizeable acquisition was the $350 million purchase of Face ID creator PrimeSense in […]

October 9, 2018

DETROIT — Flex-N-Gate’s glimmering new $160 million auto parts plant began pumping out dozens of parts for the new Ford Ranger this month, about 18 months after the company broke ground on a once-barren plot of land on the city’s […]

October 2, 2018

The July-September quarter is, however, expected to mark a peak in earnings as a two-year super cycle of tight supply and soaring demand comes to an end, with prices of some types of chips already sliding sharply. The world’s top […]

September 28, 2018

(Reuters) – Shares of Tesla Inc (TSLA.O) dived 11 percent in early trading on Friday after U.S. regulators accused Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company. […]

September 24, 2018

Willi Breuckmann could have gone for the BMW motorcycle—it was a comfortable and affordable machine. And it made sense for him to stick with a ride made in his own country, Germany. Instead, he chose a Harley-Davidson. The Road King. […]