U.S. Factory Price Pressures Jump as Manufacturing PMI Holds at 54.5
ISM’s September survey showed continued manufacturing expansion but a sharp increase in input-price pressure, with new orders and employment strengthening.
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ISM’s September survey showed continued manufacturing expansion but a sharp increase in input-price pressure, with new orders and employment strengthening.
Tesla has opened its first high-volume Semi factory in Nevada and begun deliveries to major customers as the EV maker targets annual production capacity of 50,000 electric trucks.
Excerpt: Anthropic unveiled Model Hardware Standard, a framework that enables AI agents to operate laboratory and manufacturing equipment in the physical world.
Acquisition expands Iconex’s variable information label capabilities, manufacturing capacity, and geographic reach.
LG Group companies are gaining investor attention as optimism around the conglomerate’s robotics strategy boosts expectations for long-term growth in automation and AI technologies.
Honda reported the first annual loss in its history as EV investment costs and weaker global demand hurt profitability.
Tesla began mass production of the Semi truck years behind schedule with higher pricing and updated performance specifications.
Tesla halted Model S and X production at Fremont to expand manufacturing capacity for its Optimus humanoid robots.
Nissan plans to export U.S.-built vehicles to Japan, joining Toyota and Honda in reversing traditional trade flows. The move reflects shifting global production strategies in the auto industry.
Tesla will discontinue production of its Model S and Model X vehicles and convert its Fremont factory to manufacture Optimus humanoid robots. Elon Musk said the transition will begin in the second quarter, with long-term output targeted at up to one million robots annually.
After selling his family-owned manufacturing company, the CEO of Fibrebond surprised employees with a $240 million bonus pool, turning a corporate exit into a rare wealth-sharing moment.
China is accelerating humanoid robot development by opening ‘robot schools’ that teach machines real-world tasks, tackling the biggest bottleneck in robotics – high-quality training data.
Volkswagen will close its Dresden factory, marking the first shutdown of a German plant in the automaker’s 88-year history, as energy costs, trade pressures, and falling competitiveness hit the industry.
PTC Inc. is an American software company serving manufacturers and engineering organizations. Its products support computer-aided design, product lifecycle management, application lifecycle management, service operations, augmented reality, and the exchange of technical information across complex product development.
The United States and Switzerland agreed on a framework trade deal that cuts U.S. tariffs on Swiss exports from 39% to 15% and secures $200 billion in Swiss investment in the U.S. through 2028.