Category: Production

October 19, 2018

China’s steelmakers pushed production rates to record levels last month, underscoring a broadly bullish picture for mills in the world’s biggest market as prices rally again. Output of crude steel rose 7.5% on year to 80.85 million metric tons, according […]

September 25, 2018

BERLIN (Reuters) – It is “extremely important” that the European Union develop its own battery cell production to secure its role in the automotive industry as it shifts to electric mobility, German Chancellor Angela Merkel said. “If China is opening […]

September 14, 2018

You can say one thing about the future of the automotive industry: Everything’s electric. Electric vehicle sales in the U.S. last year reached nearly 200,000, a more than 25 percent jump from 2016.1 China did even better with 770,000 vehicles […]

September 11, 2018

Tesla currently offers seven colors for its vehicles that include top variant Model S, mid level Model X and its most affordable sedan Model 3. The company is trying to iron out production bumps after struggling to produce Model 3 […]

August 29, 2018

China’s No. 2 telecommunications equipment maker was crippled in April when the United States banned American firms from selling it parts, saying the company broke an agreement to discipline executives who had conspired to evade U.S. sanctions on Iran and […]

July 18, 2018

While there’s no shortage of doom and gloom coming from corporate America about President Donald Trump’s trade war with China, there is at least one U.S. industry cheering him on: textiles. After decades of shedding thousands of jobs and closing […]

July 17, 2018

U.S. factory production rebounded in June by the most in four months as the industry regained its footing after a fire-related disruption at an auto parts supplier, Federal Reserve data showed Tuesday. Highlights of Industrial Production (June) Factory output rose […]

July 13, 2018

McLaren Automotive made big news during the Goodwood Festival of Speed this week. Beyond launching its latest “long tail” performance model, the 600LT, the high-tech exotic automaker released its latest Track25 long-term production plan, outlining McLaren’s product activity and sales […]

July 2, 2018

(Reuters) – Tesla Inc (TSLA.O) crossed its long-elusive target of producing 5,000 Model 3 cars in a week after several delays, and reaffirmed its positive cash flow and profit forecast for the rest of the year. Tesla also said it […]

June 25, 2018

OKLAHOMA CITY (AP) — An economist at the Oklahoma City branch of the Federal Reserve Bank of Kansas City says oil and gas production is increasing but with fewer employees. Chad Wilkerson writes in the Oklahoma Economist that increased production […]