Detroit’s Manufacturing Renaissance: How Technology is Driving Innovation
Detroit is witnessing a new wave of growth and opportunity in its manufacturing sector, driven by cutting-edge technology and ...
Daily on Energy: House GOP unveiled CRA targets, FERC says it’s still independent, and new DoD climate language
Good afternoon and happy Thursday, readers! In today’s edition of Daily on Energy, Callie and Maydeen dive straight into the ...
Mercedes-Benz Plans Cost Cuts as Earnings Expected to Fall This Year
Mercedes-Benz expects earnings to fall significantly this year and outlined plans to boost competitiveness that includes a 10% cut to production costs over the next couple of years.
Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, ...
Building semiconductor plants in the US takes twice as long, costs twice as much as in Taiwan
TSMC encountered significant challenges when it began constructing its fab in Arizona, facing a trifecta of issues that underscored the stark contrast between fab construction in ...
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GM tariff playbook includes international inventory cuts, CFO says
The last thing you want is a bunch of finished inventory that just suddenly became 25% more expensive,” General Motors ...
Trump's new tariff on China has automakers reassessing necessary parts
China hit back with a 15% tariff on imports from the United States. The Detroit Three buys components from China for cars made in the United States. They also build cars there that they ...