LVMH to buy French jewellery producer Platinum Invest to ramp up Tiffany production
PARIS (Reuters) – LVMH, the world’s largest luxury goods group, has agreed to buy a majority stake in Platinum Invest Group, the owner of French …
Production
US Defense Contractors Lay Groundwork For Plan To Massively Ramp Up Weapons Production With Taiwan
US Defense Contractors Lay Groundwork For Plan To Massively Ramp Up Weapons Production With Taiwan Micaela Burrow on April 11, 2023 A coterie of U.S. …
Exclusive-Boeing targets 2025 for return to pre-crisis 737 MAX production rates -sources
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co intends to restore production of its bestselling 737 MAX jet to its 2019 rate of 52 a …
Mexico’s automotive production and exports rise in March
(Reuters) – Mexican automotive production and exports rose in March from the same month a year earlier, data from the national statistics agency (INEGI) showed …
Analysis: Russia’s military production, state splurge ease sanctions pain
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) – Rising military production and huge state spending are keeping Russia’s industry buzzing along, an analysis of …
OPEC+ may spur U.S. crude oil exports, tick production higher
By Stephanie Kelly and Liz Hampton (Reuters) – OPEC’s surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia …
Pakistan’s Honda Atlas extends production shutdown to mid-April
By Ariba Shahid KARACHI, Pakistan (Reuters) – Honda Atlas Cars Pakistan Ltd on Friday announced a 15-day extension to the longest plant shutdown to date, …
GOP Sen Says Biden ‘Warped’ Iconic Conservation Law To Attack American Energy Production
GOP Sen Says Biden ‘Warped’ Iconic Conservation Law To Attack American Energy Production Harold Hutchison on March 22, 2023 Republican Sen. Cynthia Lummis of Wyoming …
Honda to move Accord production to Indiana as part of EV shift
By David Shepardson WASHINGTON (Reuters) – Honda Motor Co’s U.S. unit said on Tuesday it would move production of its Accord sedan to Indiana in …
Ford set to resume F-150 Lightning production next week
By David Shepardson WASHINGTON (Reuters) – Ford Motor Co said on Friday it was on track to resume production of F-150 Lightning vehicles on Monday …
Oil Execs Raise Red Flags On US Energy As Production Flounders Under Biden
Oil Execs Raise Red Flags On US Energy As Production Flounders Under Biden Jason Cohen on March 8, 2023 OPEC once again dominates the global …
Pakistan’s Honda Atlas shuts production to end-March on import difficulties
By Ariba Shahid KARACHI, Pakistan (Reuters) – Honda Atlas Cars Pakistan Ltd has announced the longest plant shutdown to date in the current economic crisis …
Electric Vehicle Startups Running Out Of Juice As Demand Lags, Production Stalls
Electric Vehicle Startups Running Out Of Juice As Demand Lags, Production Stalls John Hugh DeMastri on March 6, 2023 Electric vehicle startups are increasingly strapped …
Ford to restart F-150 Lightning production on March 13
By David Shepardson WASHINGTON (Reuters) – Ford Motor Co said Thursday it will restart production of its F-150 Lightning on March 13 after it halted …
Turkish manufacturing activity barely grows in February as quake disrupts production
ISTANBUL (Reuters) – Turkish factory activity expanded very slightly in February as massive earthquakes impacted the sector as some firms suspended production resulting in a …
Ford halts F-150 EV production for another week after battery fire
(Reuters) – Ford Motor Co will halt production of its electric F-150 Lightning pickup for another week following a battery issue that caused an EV …
Boeing to stop production of F/A-18 Super Hornet jets in 2025
By Nathan Gomes and Valerie Insinna (Reuters) – Boeing Co said on Thursday it plans to stop production of the F/A-18 Super Hornet in late …
GE ‘well aligned’ with Boeing and Airbus production schedules, says CEO
CHICAGO (Reuters) – General Electric is “well aligned” with production schedules for both Boeing and Airbus this year, Chief Executive Larry Culp said on Thursday. …
Thailand car production rises in January but local sales drop
BANGKOK (Reuters) – Car production in Thailand rose 4.02% in January from a year earlier to 157,844 units, helped by higher exports, the Federation of …
Tesla to halt some China production for upgrades – Bloomberg News
(Reuters) – Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version …
Supplier Howmet offers conservative jet production forecast for 2023
(Reuters) – Supplier Howmet Aerospace Inc on Tuesday offered a conservative outlook for narrowbody jet production at top planemakers Boeing Co and Airbus SE. Shares …
Brazil’s auto production, sales fall in January as demand slows
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from automakers association Anfavea showed on …
Aptiv says no EV production surge yet after price cuts
(Reuters) -Executives at auto parts supplier Aptiv Plc said on Thursday they do not yet see a surge in electric vehicle (EV) production after recent …
VW’s Skoda Auto to cut production next week -unions
PRAGUE (Reuters) – Volkswagen’s Skoda Auto will cut production further next week as it struggles with component shortages, trade unions at the Czech carmaker said …
VW’s Skoda Auto cuts production due to chip shortage – trade unions
PRAGUE (Reuters) – Volkswagen’s Czech subsidiary Skoda Auto is cutting production this week due to chip shortages, trade unions at the carmaker said. Some shifts …
Boeing to hire 10,000 workers in 2023 as it ramps up production
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases …
Investors eye Boeing jet production outlook, delivery schedule
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – As Boeing battles disruption in its supply chains, investors will be looking for the largest U.S. …
More EU sanctions should hit Russian arms production – Czech Foreign Minister
By Gabriela Baczynska BRUSSELS (Reuters) – The European Union should introduce more sanctions against Russia’s technology sector to curb Moscow’s ability to produce arms and …
Thailand car production rises 2.75% y/y in Dec, but sales drop
BANGKOK (Reuters) – Car production in Thailand rose 2.75% in December from a year earlier to 158,606 units, after a 15% rise in the previous …
Proterra to cut jobs, merge electric bus and battery production in South Carolina
(Reuters) – Proterra Inc said on Thursday it plans to cut more jobs and combine electric bus and battery production in South Carolina as it …
Chevron restarts production at Wheatstone gas plant
(Reuters) -Chevron Corp’s Wheatstone domestic gas plant has re-commenced supply to the Western Australia market, a spokesperson for the oil and gas explorer’s Australian unit …
Honda’s JV with GAC ends production of Acura brand in China
SHANGHAI (Reuters) – Chinese carmaker Guangzhou Automobile Group (GAC) said on Monday its joint venture with Honda Motor is no longer producing or selling products …
Luxshare says client cooperation normal after Apple production cut report
SHANGHAI (Reuters) – China’s Luxshare Precision Industry Co Ltd said on Thursday its cooperation with current clients was normal, in response to a media report …
Tesla Unexpectedly Paused Production At Chinese Facility Early As Demand Slumps: REPORT
Tesla Unexpectedly Paused Production At Chinese Facility Early As Demand Slumps: REPORT John Hugh DeMastri on December 26, 2022 Tesla temporarily halted production at its …
Toyota’s Nov global vehicle production rises 1.5% to record 833,104
TOKYO (Reuters) – Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. Domestic production …
Samsung Elec to expand chip production at largest plant next year – media
SEOUL (Reuters) – Samsung Electronics plans to increase chip production capacity at its largest semiconductor plant next year, despite forecasts of an economic slowdown, a …
Russia Plots New Oil Production Cut To Starve The West Of Fuel
Russia Plots New Oil Production Cut To Starve The West Of Fuel Jack McEvoy on December 23, 2022 Russian Deputy Prime Minister Alexander Novak said …
Faraday Future slides on signaling need for funds to start production
(Reuters) – Shares of Faraday Future Intelligent Electric tumbled 21% premarket on Friday after the company unveiled production plans for its much-delayed luxury electric car …
Libyan oil production at 1.2 million barrels per day, oil minister says
KUWAIT (Reuters) – Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters on the sidelines of an …
Putin Threatens To Slash Oil Production, Starve European Countries Of Fuel
Putin Threatens To Slash Oil Production, Starve European Countries Of Fuel Jack McEvoy on December 9, 2022 Russian President Vladimir Putin said Friday that his …
Nevada man pleads guilty to production of images of child rape and abuse
Seattle – A 44-year-old resident of Dayton, Nevada, who previously resided in Burlington, Washington, pleaded guilty today in U.S. District Court in Seattle to production …
Karlsruh, ND, Man Sentenced to 60 Years in Federal Prison for Production of Sexually Explicit Material of Minor Children
BISMARCK – United States Attorney Jennifer Klemetsrud Puhl announced that on December 6, 2022, U.S. District Court Judge Daniel Hovland sentenced Dwayne Gerard, Sr., Age …
Mosaic temporarily curtails potash production at Canadian mine
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Fertilizer producer Mosaic Co said on Tuesday that it has temporarily curtailed potash production at its Colonsay, Saskatchewan, …
Michelin to cut fewer jobs to protect production
PARIS (Reuters) – Michelin will cut fewer jobs in France than the 2,300 estimated in its initial voluntary redundancy plan in a bid to safeguard …
Russia’s Gazprom launches production at new Arctic gas site
(Reuters) – Russia’s Gazprom said on Tuesday it had started production at the Semakovskoye gas field in the Russian Arctic with gas being pumped into …
Strong sugar prices help Tereos offset high production costs
PARIS (Reuters) -French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar …
Volkswagen resumes production at China plants
BERLIN (Reuters) – Volkswagen and FAW’s (SASACJ.UL) plant in Chengdu, China has resumed production after a brief halt and two lines which were suspended at …
Tesla plans to ramp up Model Y production from Giga Texas in 2023 – Electrek
(Reuters) – Tesla Inc is planning to ramp up production of its Model Y cars from Gigafactory Texas next year, Electrek reported on Wednesday. The …
Mazda sees no impact on Japan vehicle production from current China lockdowns
TOKYO (Reuters) – Mazda Motor Corp does not expect to have problems maintaining production in Japan for the time being despite COVID lockdowns in China …
China COVID-19 Lockdowns And Protests Might Slow iPhone Production By Millions Of Units
China COVID-19 Lockdowns And Protests Might Slow iPhone Production By Millions Of Units John Hugh DeMastri on November 28, 2022 As a wave of nationwide …