The automotive industry is on the brink of a significant transformation, driven by the innovative application of 3D printing technology. Daimler Truck and Bus is at the forefront of this revolution, leveraging 3D Systems’ additive manufacturing to address the perennial challenge of spare parts s
The dynamics and implications of recent tariff changes initiated by President Donald Trump's administration have significant repercussions on the paper, plastic, and packaging industries as well as the broader manufacturing sectors in the United States, Canada, and Mexico. Trump's
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
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.
