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Think Tank
Automotive: Page 41
China’s Manufacturing Industry Shrinks for Fourth Straight Month
The Chinese auto industry is also trending down after carmakers were
forced to delay
the delivery of some vehicles due to a production issue with computing units made by Huawei.
ThyssenKrupp Materials de México Inaugurates New Mexican Service Center
ThyssenKrupp said that it had invested $37 million in the new San Luis Potosí service center, which will go towards creating roughly 65 jobs.
Tesla Recalls 200,000 Cars Due to Backup Camera Issue
Affected models include the 2023 versions of Tesla Model S, Model X and Model Y vehicles, based on a document published by the National Highway Traffic Safety Administration January 23.
Impact of Tariffs on the Supply Chain
The impacts of tariff are both beneficial in the short run but could be counterproductive in the long run.
Michigan Pilots Roadway that Charges EVs as They Drive
The quarter-mile segment of 14th Street will be used to test and perfect the technology ahead of making it available to the public within a few years.
Iveco Group, BASF Team Up for European Battery Recycling Process
BASF will arrange the recycling process for lithium-ion batteries produced by the group on its vans, buses and trucks, including the collection, packaging, transporting and recycling processes in European countries.
Cummins, Daimler and Paccar to Build Mississippi Plant for EV Truck Batteries
Trucking operators have been slow to invest in the vehicles because of concerns about cost and durability and a lack of battery-charging infrastructure to support trucks on long hauls.
That Was Fast: High-Tech Component Inventories Shift From Shortage to Glut
For manufacturers that fretted over component shortages in 2021 and 2022, the current inventory glut is reminding them of that unsettling maxim: Be careful what you wish for.
Ford Cutting Back F-150 Lighting Production Due to Lower EV Demand
The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.
Stellantis Letting Go of Thousands of Italian, U.S. Workers
Stellantis will temporarily lay off 2,250 Italian workers after announcing plans to cut the jobs of 539 supplemental workers in the U.S.
Michelin to Pause Spanish Production Due to Red Sea Crisis
Michelin suspended shifts at Spanish plants during the weekend of January 13 due to raw material delivery delays that arrive by sea from Asia.
U.S.-Owned Cargo Ship Near Yemen Hit by Missile
The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.
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