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Sales & Operations Planning: Page 11
UAW Resuming Negotiations After Expanding Strike to Ford's Biggest Factory
The decision by the UAW to expand strike actions to Ford’s Kentucky plant on October 11, which employs 8,700 workers, signified the strike's largest single walkout.
ERG Signs Deal to Sell Cobalt to American Battery Material Manufacturer
ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.
VinFast Investing $400M in Indian, Indonesian EV Factories
The organization anticipates a $1.2 billion influx of cash from its founder (Pham Nhat Vuong) and other Nasdaq-listed EV producers.
U.S. Import Cargo Volumes Expected to Slow After Hitting 2023 Peak
U.S. ports handled 1.96 million TEU in August, less than the 2 million TEU the NRF originally expected the ports to handle that month.
Tesla Cuts Prices of Top Models to Stoke Demand for More EVs
Tesla will update investors on the toll that price cuts have taken on earnings when it reports its third-quarter results on October 18.
Ford Sales Rose in the U.S. During the Third Quarter
Ford saw its sales of electric vehicles, hybrids and trucks each increase by double-digit percentages during the third quarter of 2023.
U.S. Regulators Claim Amazon Used Secret Algorithm to Increase Prices
The algorithm allowed Amazon to improve its profit on items across numerous shopping categories, which caused competitors mimicking the retail giant to raise their prices.
Boeing Wants to Produce At Least 57 737s Monthly by 2025
Boeing laid out the plan, which was re-affirmed by the company in mid-September, in an updated version of its master schedule for suppliers.
Toyota Broke Its Global Sales Record in August
Toyota said that it is planning to produce 150,000 electric vehicles this year, 190,000 EVs in 2024 and 600,00 EVs in 2025.
QatarEnergy, HHI Sign $3.9B Deal for 17 LNG Vessels
This order marks the next phase in QatarEnergy’s ship acquisition program, which supports the expansion of its Golden Pass LNG export and North Field LNG projects.
Germany Pauses EV Charging Subsidy Program
The program, which was given a $317 million budget by the transportation ministry for 2023, received almost 33,000 applications in the 24 hours after it was launched.
American Consumers Planning to Spend Less This Holiday Season
On average, Americans who shopped during the 2022 holiday season intend to spend 39% less on gifts during the 2023 holiday season.
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