By Allison Lampert, Valerie Insinna and Abhijith Ganapavaram SEATTLE (Reuters) – Rosemary and Larry Brester have been running Hobart Machined Products since 1978, milling and grinding metal to make aircraft…
TOKYO (Reuters) – Toyota Motor’s small-car unit Daihatsu Motor said on Thursday it would compensate lower-tier contractors in its supply chain to cushion the blow from an indefinite production stoppage…
TOKYO (Reuters) – Toyota Motor’s small car unit Daihatsu Motor will compensate 423 domestic suppliers with which it has direct business relations as its plants in Japan remain idled due…
LONDON (Reuters) – A growing number of automakers and suppliers are working on electric vehicle (EV) motors that either do not contain rare earths or dramatically reduce the use of…
(Reuters) – President Joe Biden’s administration is discussing emergency aid to protect smaller firms that supply U.S. auto manufacturers if the United Auto Workers union goes on strike, a source…
(Reuters) – Airlines and aerospace suppliers are expected to take a hit after RTX Corp said on Monday 600-700 engines on Airbus A320neo jets need to be inspected for quality…
MEXICO CITY (Reuters) – A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over the next two years in a factory that…
MEXICO CITY (Reuters) – Tesla is eyeing 2026 or 2027 to potentially begin production at a major new factory planned for Mexico, according to a report published in Mexican daily…
By Nikunj Ohri, Shivangi Acharya and Aftab Ahmed NEW DELHI (Reuters) – As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding…
By Clara Denina and Sarah McFarlane LONDON (Reuters) – Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of…
By Dhwani Pandya MUMBAI (Reuters) -Godrej Aerospace is in talks to build aircraft parts for suppliers to Airbus and Boeing as airlines place record jet orders, a top executive at…
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is…
NEW DELHI (Reuters) -Alphabet Inc’s Google has begun early conversations with domestic suppliers to move some production of its Pixel smartphone to India, Bloomberg News reported on Tuesday, citing people…
By Allison Lampert, Tim Hepher and Valerie Insinna PARIS (Reuters) – For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology.…
By Julie Steenhuysen and Michael Erman (Reuters) – The U.S. Food and Drug Administration said on Friday it is seeking new suppliers to ease shortages of methotrexate, one of the…
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for…
TAIPEI (Reuters) – Shares of Foxconn fell more than 2% on Friday after the Apple Inc supplier’s quarterly profit missed forecasts and it cited a big writedown from its stake…
By Francesco Guarascio HANOI (Reuters) – Vietnam has enjoyed a wave of investment from China since its neighbour abruptly canned its strict virus-containment strategy and unleashed pent-up interest from companies…
By Rajesh Kumar Singh CINCINNATI (Reuters) – General Electric Co sent 12 machinists from its Rutland, Vermont, facility across the country last fall to help a sub-supplier in Arizona that…
FRANKFURT (Reuters) – German heating system suppliers said they can roll out electric heat pumps to households on a large scale to replace oil and gas boilers and protect the…
(Reuters) – Meeting Boeing Co and Airbus SE’s planned jet output hikes this year will not be a “slam dunk” for the aerospace supply chain, a Morgan Stanley survey of…
By Valerie Insinna SEATTLE (Reuters) – Airbus laid down the law to its stretched supply chain on Wednesday, with a senior U.S. executive reminding contractors to meet timing and quality…
By Richa Naidu LONDON (Reuters) – Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and…
MOSCOW (Reuters) – Russian President Vladimir Putin said on Friday that Russia had become one of China’s leading suppliers of oil and gas, with 13.8 billion cubic metres of gas…
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow…