Consumers are becoming increasingly environmentally conscious of the health hazzards of intensive animal farming as well as the benefits of adding more plant-based protein to their diet, there is growing trend towards alternative meat products. In a development that underscores… Read More ›
production
BMW to shift production in case of cliffhanger Brexit
BMW could relocate production of the Mini from Oxford to Netherlands, in case of a no-deal Brexit. In a significant development, BMW’s Chief Executive Harald Kruege disclosed, it could relocate more of its production facilities of its Mini to a… Read More ›
U.S. manufacturing improves marginally during second quarter
Manufacturing activity along with capacity utilization in the manufacturing sector are indicative of how much more the economy may be able to grow before inflation becomes a concern. There has been an acceleration in U.S. manufacturing output for the second… Read More ›
Tesla to ramp up production at Fremont factory: Bloomberg
Tesla is pushing the production of the Model 3 sedan. The company’s success depends on it. According to a report by Bloomberg, which cites an internal email from Tesla, the electric carmaker is preparing to boost the output of its… Read More ›
Nintendo to shift part of Switch gaming console to Vietnam from China
The move is part of Nintendo’s strategy to diversify risk. On Tuesday, a spokeswoman for Japan’s Nintendo Co Ltd stated, the company plans on relocating a part of the production of its Switch gaming consoles to Vietnam from China. Currently,… Read More ›
Peter Hochholdinger, VP of production leaves Tesla
Tesla’s car production is an intensive environment, only the very tough who can meet demanding deadlines can thrive. According to news website, Electrek, Peter Hochholdinger, Tesla Inc’s vice president of production at its Fremont factory, has left the company. The… Read More ›
Trump escalates trade war
A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›
BMW takes steps to mitigate escalating U.S.-China trade war
BMW’s strategic decision comes in the wake of U.S. President Donald Trump raising the stakes for China in the trade war by saying he is willing to slap tariffs on Chinese exports to the U.S. worth $200 billion. BMW’s Chief… Read More ›
Volkswagen strikes strategic partnership with Amazon for industry cloud
Volkswagen’s tie up with Amazon will help improve production at its factories. According to a report by Germany newspaper Sueddeutsche, the European Union’s biggest carmaker Volkswagen has struck a strategic partnership with Amazon.com Inc to create a kind of “industry… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›