On January 31, 2025, the US government announced a 25% tariff on imports from Canada and Mexico, adding another layer of complexity to Canada's automotive industry. This announcement has the potential to significantly impact various sectors, including Canada's burgeoning electric vehicle (EV)
The automotive landscape in 2025 is reflective of the gradual recovery from the severe disruptions caused by the global chip shortage and other supply chain challenges that affected car production in the early 2020s. As the industry slowly rebounds, car buyers are keen to understand the current
As the automotive industry grapples with the transition to electric vehicles (EVs) and the associated logistics challenges, Original Equipment Manufacturers (OEMs) are under immense pressure to reduce costs while maintaining profitability. This dual challenge requires a multi-faceted approach that
In the fast-paced world of business, managing inventory effectively is crucial for ensuring smooth operations and maintaining robust cash flow. Dead inventory, referring to unsold stock that accumulates over time and fails to generate revenue, can pose significant challenges for businesses.
European CNC Machine Market to Surge with Industry 4.0 and IoT Advances The European CNC machine market is on the brink of a significant transformation driven by the adoption of Industry 4.0 and IoT technologies. In 2024, the market was valued at USD 22.23 billion, with projections indicating a
Northern Kentucky has established itself as a vital center for the medical device manufacturing industry. Renowned for its rich history of medical innovation and a unique confluence of factors that support the healthcare sector, the region has become a significant player in life sciences. This
