PRAGUE – Czech carmaker Skoda Auto, part of Volkswagen, will limit some production at its domestic plants due to supply shortages after Russia’s invasion of Ukraine, while it said its…
SAN FRANCISCO – Luxury electric car maker Lucid Group on Monday revised down its production forecast for this year due to “extraordinary supply chain and logistics challenges,” knocking its shares…
Major U.S. oil and gas industry groups urged the Biden administration Thursday to boost domestic energy production amid the ongoing Russian invasion of Ukraine. “The United States has shown its…
– Aptiv Plc shifted high-volume production of parts for vehicles out of Ukraine over the past couple months ahead of possible hostilities, the auto parts maker’s chief executive said. “Over…
ROME – Italy must reduce its reliance on gas imports from Russia and is ready to take further measures to protect consumers from rising energy prices after the invasion of…
By Marc Frank HAVANA – The Cuban sugar industry is barreling again toward its worst season ever, according to official media reports and sources, threatening to dent both national pride…
SHANGHAI – Tesla Inc plans to expand parts production at its Shanghai factory to meet growing demand for exports, according to a document it filed with the city government. The…
BERLIN – Bosch is investing an additional 250 million euros ($282.50 million) in extending chip production facilities at its Reutlingen plant in Germany, the company said on Tuesday. The Reutlingen…
BEIJING – Luxshare Precision Industry Co Ltd, an Apple Inc supplier, said on Monday it aims to raise up to 13.5 billion yuan ($2.13 billion) to fund six projects, including…
More than two dozen Republican senators wrote Thursday to President Joe Biden, calling for him to boost domestic natural gas (LNG) production and exports amid increasing Russia-Ukraine tensions. The lawmakers…
KYIV – Ukraine’s largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said on Wednesday. “We will continue…
By David Shepardson WASHINGTON -Toyota Motor Corp, Ford Motor Co and General Motors Co, said Friday the disruption at the Canadian border from trucking protests forced new production cuts at…
WASHINGTON – Toyota Motor Corp said on Thursday it is suspending production through Saturday at its plants in Ontario and Kentucky due to supply issues stemming from trucking protests. The…
– Western Digital Corp said on Wednesday certain materials at two of its manufacturing units in Japan, operated by joint-venture partner Kioxia Holdings Corp, were contaminated and will result in…
BERLIN – Production at Tesla’s Berlin factory will not start until mid-March at the earliest, RBB reported on Wednesday. Tesla is still awaiting final approval from local authorities to begin…
TOKYO – Toshiba Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch up with…
By Ananya Mariam Rajesh -Vans shoe maker VF Corp cut its full-year revenue forecast on Friday as it struggles with material shortages, labor issues at factories and slump in sales…
TOKYO – Toshiba Corp on Wednesday said it had partially restarted production at a semiconductor plant in Oita, southern Japan, that was halted after a strong earthquake hit the area…
TOKYO – Toyota Motor Corp will halt more production in Japan this month because COVID-19 infections among autoworkers had slowed supplies of parts, the company said on Monday. That disruption,…
In light of the CDC and multiple health agencies claiming that cloth, non-surgical face masks and neck gaiters do not prevent the spread of the COVID-19 virus, Vermont Senator Bernie…
Ford will nearly double its production capacity of electric F-150 Lightning trucks to meet “soaring” demand, the company announced Tuesday. The increase will allow Ford to make about 150,000 F-150…
A top Russian official said Wednesday that Russian and Middle Eastern energy producers will continue to disregard the Biden administration’s pleas for boosted output. Deputy Prime Minister Alexander Novak explained…
The Office of the United States Attorney for the District of Vermont stated that Wayne Miller, 34, formerly of Hartland, Vermont, was charged by criminal complaint in United States District…
A group of top House Republicans introduced a bill Thursday that would force President Joe Biden to increase domestic oil and gas production when he taps the nation’s emergency stockpile.…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – The United States Attorney’s Office announced today that LSA Strategies LLC, a media production and political consulting firm located in…