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Tesla has scrapped plans to expand its Shanghai Model 3 factory, and will slow production in China because of US-Beijing tensions, according to a report

The expanded Shanghai plant, which makes Model 3 and Model Y cars, would have allowed Tesla to produce 200,000 extra vehicles, sources told Reuters. Elon Musk walks with former Shan.....»»

Category: personnelSource: nytMay 11th, 2021

Nan Ya set to expand ABF substrate capacity in 2020

Nan Ya PCB has disclosed plans to invest an additional US$48 million in its factory in Kunshan, China, where the Taiwan-based company will expand ABF substrate production capacity to meet rapidly growing demand......»»

Category: topSource: digitimesNov 13th, 2019

Ford Shifts Plans, Will Make Electric Vehicles In Flat Rock, Begin Autonomous Production In 2021

With demand growing for electric cars, Ford Motor Company (NYSE: F) said Wednesday it will build its next-generation battery-electric vehicles at its Flat Rock Assembly plant near Detroit, instead of self-driving cars, which read more.....»»

Category: blogSource: benzingaMar 20th, 2019

Venture capital giant may sell $1 billion in startup stakes because of slow IPO market

New Enterprise Associates Inc. reportedly plans to sell about $1 billion worth of its stakes in about 20 startups in reaction to a slowdown of initial public offerings. The venture capital firm, which has invested over the years in a number of Au.....»»

Category: topSource: bizjournalsMay 15th, 2018

Demand for multi-lens cameras likely to heat up

Demand for multi-lens camera modules is likely to heat up as Huawei reportedly plans to extend the adoption of triple-lens cameras to other series of its high-end smartphones, according to industry sources......»»

Category: topSource: digitimesMay 18th, 2018

Heavy-Duty Truck Factory Backlogs Soar on Surging Orders

Purchases of big rigs are accelerating during a normally-slow summer period as truckers respond to strong freight demand......»»

Category: smallbizSource: wsjJul 5th, 2018

Truck-Factory Backlogs Soar on Heavy Demand for Big Rigs

Purchases of big rigs are accelerating during a normally slow summer period as truckers respond to strong freight demand......»»

Category: smallbizSource: wsjJul 5th, 2018

Samsung, SK Hynix reportedly to defer expansion plans

Samsung Electronics and SK Hynix both intend to defer their capacity expansion plans, as a slowdown in customer demand will be dragging down DRAM and NAND flash memory prices through the first half of 2019, according to industry sources......»»

Category: topSource: digitimesSep 6th, 2018

Slump in orders will idle a production line at Ford"s KC plant

Ford Motor Co. plans to idle the Transit van production and stamping lines at its Kansas City Assembly Plant in Claycomo to better align production with demand. The move affects about 2,000 workers, placing them on temporary layoff from Oct. 22 thr.....»»

Category: topSource: bizjournalsOct 5th, 2018

The Wall Street Journal: GM plans to shut auto factory in Oshawa, Canada

General Motors Co. plans to close its manufacturing operations in the Canadian city of Oshawa, according to people familiar with the plans, the latest in a series of cost-cutting moves under way at the Detroit car maker......»»

Category: topSource: marketwatchNov 26th, 2018

Factory Shutdown Plans Give GM Leverage in Labor Talks

General Motors’ plans to shut down several U.S. factories will give the Detroit car maker a bargaining chip that it can use next year in contract talks with the United Auto Workers union to extract concessions on wages and other benefits......»»

Category: smallbizSource: wsjNov 30th, 2018

GM CEO will meet with senators on job cuts Wednesday

General Motors Chief Executive Mary Barra will meet with Ohio's two U.S. senators on Wednesday about the Detroit automaker's plans to idle five North American plants and cut up to 15,000 jobs......»»

Category: topSource: reutersDec 3rd, 2018

Senators, union press GM CEO on plant closings, job cuts

General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio's two U.S. senators on Wednesday about the Detroit automaker's plans to idle five North American plants and cut up to 15,000 jobs......»»

Category: topSource: reutersDec 3rd, 2018

Senators, union press GM CEO on plant closings, job cuts

General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio's two U.S. senators on Wednesday about the Detroit automaker's plans to idle five North American plants and cut up to 15,000 jobs......»»

Category: topSource: moneycentralDec 3rd, 2018

Senators, union press GM CEO on plant closings, job cuts

General Motors Chief Executive Mary Barra, facing growing criticism, will meet with Ohio's two U.S. senators on Wednesday about the Detroit automaker's plans to idle five North American plants and cut up to 15,000 jobs......»»

Category: topSource: moneycentralDec 3rd, 2018

Does Apple Have A Demand Problem? Reports Of New Marketing Campaigns Has Some Concerned

Apple Inc. (NASDAQ: AAPL) is reportedly shifting its marketing plans to help boost sales of its flagship iPhone product, according to Bloomberg. read more.....»»

Category: blogSource: benzingaDec 5th, 2018

Fiat Chrysler to open new assembly factory in Detroit

Fiat Chrysler Automobiles NV plans to open a new factory in Detroit, according to people briefed on the plan, the first new U.S. assembly plant to be opened by a major domestic car maker in at least a decade......»»

Category: topSource: moneycentralDec 6th, 2018

Fiat Chrysler to Open New Assembly Factory in Detroit

Fiat Chrysler plans to open a new vehicle factory in Detroit, the first new U.S. assembly plant to be built by a major domestic car maker in at least a decade......»»

Category: smallbizSource: wsjDec 7th, 2018

General Motors to discontinue Chevy Volt, idle its Detroit factory, WSJ 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.....»»

Category: blogSource: theflyonthewallDec 10th, 2018

Apple to reportedly slow hiring in some divisions

Apple Inc. plans to cut back on hiring in specific divisions as it deals with slowing iPhone sales growth that led to a revenue warning earlier this m.....»»

Category: topSource: marketwatchJan 16th, 2019