Culture
Siemens posts better-than-expected profit despite weakness at factory automation
The company’s industrial profit falls 8% to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion euros Siemens reported…
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factory
News
Stellantis Will Restart Illinois Factory That U.A.W. Pushed to Revive
Stellantis, the company that owns Chrysler and Jeep, said on Wednesday it planned to reopen a factory in Illinois and increase production…
Business
Chinese automaker BYD slams reports of poor conditions at a factory site in Brazil
BANGKOK (AP) — A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil…
Business
Audi factory scheduled to close, and these models are going with it
Volkswagen has had its fair share of financial issues. The German automaker just finished negotiating terms with striking workers over the…
Fashion
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in…
Business
Recover opens recycled cotton fibre production factory in Vietnam
Recover says the facility will commence operations by the beginning of 2025 and will mark a significant milestone in its global expansion…
Fashion
EV maker Lion Electric wins temporary creditor relief, halts US factory
ELECTRIC bus manufacturer Lion Electric is temporarily laying off about 400 workers and halting operations at its Illinois factory to save…
Business
VW boss sticks to factory closure plans despite looming strike
Thomas Schaefer, Volkswagen Brand Board Member, speaks at the "50 Years of Golf Production" ceremony at the VW plant. Moritz…