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Toyota, Honda, Nissan, Hyundai join Detroit automakers in suspending production
Toyota, Honda, Nissan and Hyundai have joined the big Detroit auto manufacturers in suspending operations at plants in North America because of the coronavirus. The companies join Ford Motor Co., General Motors Corp. and Fiat Chrysler in deciding to halt.....»»
Nissan to invest $900 million on new assembly plant in China: Nikkei
Japan's Nissan Motor Co will spend around $900 million to build a new auto assembly plant in China that will increase production capacity in the company by 30 percent, the Nikkei newspaper reported on Monday......»»
Nissan to cut China auto output over three months as demand slows: source
Nissan Motor Co plans to cut vehicle production in China by 30,000 units in the coming months, a person briefed on the matter told Reuters, as global automakers grapple with falling demand in the world's biggest car market......»»
Eastman to increase Naia filament production capacity at its Barcelona site
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Options Traders See Higher Altitudes Ahead For Boeing"s Stock
Reuters released a report on May 21 stating Boeing Co (NYSE: BA) plans to increase production of its 737 MAX Planes to 31 per month by March and 42 per mont read more.....»»
Semiconductor Crisis Compel Nissan, Suzuki, Mitsubishi To Cut June Production: Reuters
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Molson Coors to quadruple hard seltzer production in Canada
Molson Coors Beverage Co. said Wednesday that it will increase hard seltzer production in its Canadian facilities by 300%, between owned .....»»
Companies like Clorox, General Mills, and Whirlpool are sounding the alarm on price hikes for products like trash bags, breakfast cereal, and household appliances as production costs increase
Certain food items, household products, and also major purchase like appliances, cars, and .....»»
TSMC Set To "Double Down" And Vastly Increase U.S. Semi Production Investment In Arizona
TSMC Set To ".....»»
Hudbay expects to increase copper production by 36% by 2023 from 2020 levels
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Biden Admin Hesitant To Invoke Defense Production Act To Divert Semis To Automakers, White House Source Says
Biden Admin Hesitant T.....»»
Nissan to cut production at several plants in Japan in May, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Chip shortage will last beyond 2022 as demand far outstrips supply, Intel chief says
Pat Gelsinger, Intel's CEO, tells The Post there's no quick fix to a problem that has seen automakers around the world cut back on production......»»
Riot Blockchain jumps after announcing an 80% increase in bitcoin production as the cryptocurrency pushes past $60,000
Riot Blockchain announced on Monday that it produced 187 bitcoin in March, an over 80% increase versus last year's pre-halving results. Maxim KimerlingbackslashTASS via Getty Images .....»»
Fiat Chrysler leads Ford, GM in first-quarter sales increase
Fiat Chrysler led all American car makers in quarterly sales percentage increase, as all three U.S. automakers reported bigger sales for the first three months of 2021 compared with 2020. Fiat Chrysler reported a 5% overall increase in total sales.....»»
OPEC+ agrees to increase oil production gradually, Bloomberg reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Toyota, Nissan potential production cuts due to Renesas fire, Nikkei reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Carlos Ghosn’s Downfall at Nissan and the Aftermath
Carlos Ghosn was a jet-setting captain of industry, the C-suite superhero who helped save struggling automakers in France and Japan. That’s why his arrest in Tokyo on allegations of financial misconduct on Nov. 19, 2018, while he was chief exec.....»»
Nio Confident Its Plant In Hefei Will Restart Production After 5-day Shutdown: Report
NIO Limited (NASDAQ: NIO) on Friday joined a host of automakers that have taken some hits to production from the chip supply shortage. read more.....»»
What To Expect When Tesla Reports Q1 Deliveries
Tesla, Inc. (NASDAQ: TSLA) is expected to release first-quarter delivery numbers next week. The latest numbers will come as the company's stock has seen a sell-off since February and a chip shortage has forced many automakers to trim production. .....»»