The Asia-Pacific (APAC) region has experienced dynamic shifts in light vehicle (LV) production over recent years, defined by record highs in 2023 and a transition toward normalized output in 2024. This period encapsulates significant fluctuations driven by diverse factors, from pent-up demand
The South African automotive industry is grappling with notable difficulties arising from a reduction in vehicle production. This downturn has far-reaching implications, particularly for component manufacturers, who are experiencing a decline in orders both locally and from overseas. These
The South African automotive industry has long been a cornerstone of the nation's economy, creating jobs and driving economic growth. Today, as the world turns its attention to sustainable and cleaner modes of transportation, South Africa finds itself at a critical juncture. The question
Thailand is rapidly transforming into a central hub for electric vehicle (EV) manufacturing in Asia, driven by an array of government policies and substantial investments from global automakers. The Thai government's initiatives, including tax breaks and subsidies, aim to achieve an ambitious
In recent years, the intersection of sustainability and technological advancements has been reshaping the paper manufacturing industry, particularly its implications for the laminate sector. With paper and resin constituting essential raw materials in high-pressure laminate production, shifting
In a notable deviation from the norm, Bassett Furniture Industries, a major U.S. furniture manufacturer, has publicly acknowledged that a recent ransomware attack will have a material impact on its business operations until recovery is complete. This announcement marks the first time a company has
