Category: Production
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BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’
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BMW has confirmed a delay in the production of electric vehicles (EV) in its famous mini factory in Oxford, which blames factors that make up the besieged car sector. The German car maker said that the decision includes stopping the upgrade of 600 million pounds for the facility and refused…
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Spirit AeroSystems expects quarterly revenue above estimates on Boeing production restart
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(Reuters)-Spirit Aerosystems said on Monday that she expects to publish a higher annual quarterly revenue than expected, driven to restart production in the largest client of space suppliers, Boeing. The shares of the company increased by 1 % in the pre -market trade. Spirit delivery increased by about 15 %…
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SolarEdge in talks to sublease northern production plant
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Israeli solar energy company Solaredge Technologies (NASDAQ: SEDG) There are talks to rent their production factory for many Israeli and foreign companies, including defense companies, and he has told a source familiar with the “Globes”. One of the ideas that appeared in the negotiations is the possibility of using current…
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Calibre Delivers Record Q4 Gold Production of 76,269 Ounces; 2025 Gold Production Expected to Significantly Increase as Valentine Gold Mine, Canada Remains on Track for First Gold During Q2, 2025
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jan 08, 2025 • 11 minute…
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UK car production slumps to lowest November level since 1980
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UK car production fell sharply in November, falling by around a third compared to the same month last year and reaching its lowest November production since 1980. According to new figures from the Society of Motor Manufacturers and Traders (SMMT), just 64,216 cars rolled off production lines – 27,711 fewer…
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EV maker VinFast to build second production plant in Vietnam
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HANOI (Reuters) – Vietnamese electric car maker VinFast on Sunday announced a plan to build its second local production plant that will double its production capacity, saying it is needed to meet growing demand for its small and medium-sized models. VinFast said the new facility is expected to produce 300,000…
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Q3-2024 Production Results and Operational Highlights
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 21, 2024 • 20 minute…
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Caledonia Mining Corporation Plc: Third Quarter Production at Blanket Mine
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 15, 2024 • 5 minute…
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Caledonia Mining Corporation Plc: Third Quarter Production at Blanket Mine
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 15, 2024 • 5 minute…
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After Tesla snub, Mexico vows production of its own compact EVs
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After being snubbed by Tesla, Mexico’s new president on Friday pledged to create an affordable, Mexican-made small car Electric car To compete with cars imported from China. President Claudia Sheinbaum He said Tesla cars were “cumbersome” or too expensive for the Mexican market anyway. Tesla’s cheapest car, the Model 3,…
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After Tesla snub, Mexico vows production of its own compact EVs
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After being snubbed by Tesla, Mexico’s new president on Friday pledged to create an affordable, Mexican-made small car Electric car To compete with cars imported from China. President Claudia Sheinbaum He said Tesla cars were “cumbersome” or too expensive for the Mexican market anyway. Tesla’s cheapest car, the Model 3,…
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AMD sees next AI chip in mass production later this year By Reuters
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Written by Max A. Cherny SAN FRANCISCO (Reuters) – Advanced Micro Devices said on Thursday it plans to begin mass production of a new version of its artificial intelligence chip called the MI325X in the fourth quarter of the year, as it seeks to bolster its presence in a market…
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Tata Chemicals to triple Magadi soda production in Sh3.6bn drive
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Tata Chemicals Magadi Soda Limited (TCML) is set to triple the capacity of its soda ash plant in Magadi, Kajiado County in a Sh3.61 billion ($28 million) expansion drive, supported by improving global demand for the commodity. As part of the project, TCML will expand and modernize its Trona soda…
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Tata Chemicals to triple Magadi soda production in Sh3.6bn drive
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Tata Chemicals Magadi Soda Limited (TCML) is set to triple the capacity of its soda ash plant in Magadi, Kajiado County in a Sh3.61 billion ($28 million) expansion drive, supported by improving global demand for the commodity. As part of the project, TCML will expand and modernize its Trona soda…
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GM halts production at major plants due to Hurricane Helene
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General Motors was forced to temporarily halt vehicle production at two major U.S. plants as suppliers faced delays due to Hurricane Helen. General Motors confirmed in a statement luck Two plants, one in Michigan and one in Texas, have canceled shifts on Thursday and Friday. The company did not have…
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Rivian Shares Drop After EV Maker Slashes Production Target
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(Bloomberg) — Shares of Rivian Automotive Inc. fell. After the automaker reduced its annual production target, citing a worsening supply crisis at its only assembly plant in the United States. Most read from Bloomberg The company now expects production to decline by up to 18% this year, due to ongoing…
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US awards up to $510 million to boost domestic production of protective gear By Reuters
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(Reuters) – The Biden administration said on Thursday it had granted up to $510 million to boost domestic production of personal protective equipment such as isolation gowns to restock the Strategic National Stockpile in preparation for future public health emergencies. . Why is it important The US SNS, the country’s…
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Nvidia supplier SK Hynix’s shares rally as mass production of latest HBM chips begins By Reuters
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Written by Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – Shares of SK Hynix jumped more than 9 percent on Thursday after the South Korean company began mass production of its most advanced high-bandwidth memory chips, advancing in a race to meet demand from the artificial intelligence boom. Shares of…
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China August: Retail sales +2.1% y/y (expected +2.5) Industrial production +4.5% y/y (4.8)
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China’s August 2024 retail sales, industrial production and investment data – another round of disappointing results. Retail Sales +2.1% (YoY) (Aug) Expected 2.5%, previous 2.7% Industrial Production +4.5% (YoY) (Aug) Expected 4.8%, previous 5.1% Fixed Asset Investment +$3.4 (YTD) (YoY) (Aug) Expected 3.5%, previous 3.6% Unemployment rate 5.3% Expected 5.2%,…