Production
General Motors Goes for Job Cuts at Its Factory Zero as Carmakers Grapple to ramp up Domestic Production Amid Trump’s Tariffs
General Motors is making a shift in its U.S.-based electric vehicle plans. The company is temporarily laying off 200 employees at Factory Zero, its Detroit-based plant dedicated to EVs....
General Motors to Ramp Up Production in the United States and Create Hundreds of New Jobs after Trump’s Tariff Announcement
General Motors on Thursday revealed plans to dramatically boost vehicle production in Indiana, a decision made in response to President Donald Trump's newly imposed tariffs. The announcement came just...
Stellantis Feels the Heat of Trump’s Tariffs as Carmaker Fires Hundreds of Workers and Halts Production at Its Mexico and Canada Plants
Stellantis said on Thursday that it was temporarily laying off 900 employees across five U.S. locations following President Donald Trump's tariff announcement. The automaker also said that it is...
Mercedes weighs moving some car production to US over tariffs
[BERLIN] Mercedes Benz Group is considering shifting the production of another vehicle model to the US in response to Donald Trump’s 25 per cent auto tariffs.The move may be...
Apple production hubs hit by tariffs, sending shares plummeting
[LOS ANGELES] Apple is finding itself squarely in the crosshairs of US President Donald Trump’s new tariffs, even after a years-long effort to insulate the iPhone maker from trade...
Intel says new ASML machines are in production, with positive results
INTEL on Monday said that the first two cutting-edge lithography machines from ASML Holding are “in production” at its factories, with early data indicating they are more reliable than...
Seatrium inks MOU with BP for deepwater floating production unit in US Gulf of America
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPUOFFSHORE and marine specialist Seatrium inked a memorandum of understanding (MOU) with BP Exploration & Production,...
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPUOFFSHORE and marine specialist Seatrium inked a memorandum of understanding (MOU) with BP Exploration & Production,...
China’s Comac aims to lift C919 jet production capacity to 50 this year: report – The Business Times
CHINESE planemaker Comac plans to raise production capacity for its homegrown C919 single-aisle planes to 50 this year, a Comac executive told a media outlet supported by the Shanghai...
Chinese solar panel makers close plants, scale back production in Malaysia as US tariffs bite – The Business Times
SEVERAL Chinese-owned solar panel makers have shut down or scaled back their operations in Malaysia, industry sources say, as US tariff hikes in 2024 squeezed margins and further hikes...