Manufacturing News
South African manufacturing expands
South African manufacturing production grew in January, indicating recovery from last year’s recession
VW profits fall
Europe's biggest carmaker, Volkswagen (VW), saw net profits fall 80 percent last year to 960 million euros
UK manufacturing dips
Official figures reveal a sharp fall in manufacturing output during January
Japanese machinery orders fall
Japanese core machinery orders fell 3.7 percent in January, as demand from non-manufacturers weakened, the government has said
EADS reports 2009 results
EADS, the owner of Airbus, slumps to a loss
Confusion over Fujitsu boss’s departure
There is confusion today around the real reasons why Fujitsu’s former President Kuniaki Nozoe stood down in September
Strong growth in the Lego Group continued in 2009
Toy maker Lego sees profits soar in 2009 as classic product lines perform well
GM's Vice Chairman Robert Lutz to step down in May
Lutz to retire May 1 after 47 years in the auto industry, Manufacturing Digital can reveal
Ford outsells GM
Ford has reported a jump in U.S. sales last month, selling more cars than rival GM
AstraZeneca to shed UK jobs
Pharmaceutical giant AstraZeneca says it plans to close its Charnwood site, Manufacturing Digital can reveal
GM to increase funding for Opel restructuring
General Motors says it will spend 1.9 billion euros to restructure its European unit Opel, tripling the funding available to turn the firm around
UK manufacturers growing in confidence, says EEF
Manufacturers are looking to the future with greater confidence about the prospects for recovery, the Engineering Employers Federation (EEF) has said
China manufacturing grows less than forecast, HSBC China PMI shows
HSBC’s China Manufacturing Purchasing Managers Index moderated in February from January's record growth
GKN “optimistic” about manufacturing pick-up
GKN, one of Britain's largest manufacturers, narrowed its losses considerably last year and is becoming increasingly confident about the outlook of its markets
Mitsubishi signs UK wind turbine deal
The company will invest 100 million pounds in a wind turbine project in Britain, creating hundreds of manufacturing jobs
GM to wind down Hummer
GM is to wind down operations of its Hummer vehicles after Chinese sale collapses
Akio Toyoda apologises for faults
Toyota's President has apologised to the U.S. Congress and American Toyota owners for safety problems that led to deaths and worldwide recalls
European governments reach A400M agreement
European governments have reached an agreement on sharing the costs of the A400M military transport plane
Toyota boss to face U.S. politicians today
The president of Toyota will face tough questioning from U.S. politicians today as their probe into safety problems at the firm continues
GSK to build new UK biotech plant
Move will see many new jobs created
South Korea remains world’s fifth largest automaker; takes record share of industry
South Korea's share of the world's car market rose to a high of 5.7 percent last year as the global economic crisis hit production in other countries, data from the Korea Automotive Manufacturers Association shows
West Midlands auto supply chain too reliant on JLR says new report
A new study on the effects of the recession on the West Midlands automotive supply chain shows a worrying over-reliance on Jaguar Land Rover following several casualties in the sector
Lloyds Banking appoints specialist to manufacturing division
Lloyds Banking Group has announced the appointment of Chris Chambers as Relationship Director for its Corporate Markets manufacturing division
Toyota saved $100m through ‘negotiated’ recall
Toyota Motor Corp is said to have saved $100 million by negotiating a limited recall of cars, according to documents sent to a U.S. congressional committee
Daimler cancels dividend, reports 2.6 billion euro loss
Daimler, the luxury German carmaker which makes Mercedes Benz, said, however, that it still expects a pre-tax profit of 2.3 billion euros for 2010
Teesside Cast Products mothballing to begin
The mothballing of the Corus steel plant in Redcar is due to begin today
Caterpillar joins climate coalition exodus
The firm joins oil companies ConocoPhillips and BP America in quitting the USCAP coalition
BAE suffers profits dip
The failure to win a U.S. vehicle contract costs UK defence giant BAE Systems, which has reported a sharp fall in profits
Accenture positioned as leader in Gartner Magic Quadrant for SAP outsourcing
Accenture has been positioned in the leaders' quadrant of Gartner's 2009 SAP outsourcing market report "Magic Quadrant for SAP Outsourcing, North America”
Bombardier Aerospace to open service facility in Macon
Company also signs 10-year maintenance agreement with Atlantic Southeast Airline
US manufacturing production up 1%
US industrial production increased more than expected in January, the Federal Reserve has said
ERP software provider TGI to unveil new features for Enterprise 21 ERP software
TGI will debut new features for its Enterprise 21 ERP application at the company’s annual users conference in May. How will it benefit your operations?
Toyota to fit new brake-override system on cars
Japanese carmaker Toyota has said it is to fit all of its new models with a brake-override system, as it continues to repair a reputation damaged by millions of car recalls over safety fears
Kraft fourth-quarter profit triples
U.S. food conglomerate Kraft Foods has said fourth-quarter profit more than tripled as sales in developing countries continues to rise
Market potential: Bike to the future?
466 million electric two-wheel vehicles to hit the road by 2016, says expert
Corus plant to be mothballed by the end of the week
The mothballing of the Teesside Cast Products blast furnace at Redcar, where some 1,700 jobs are due to be lost, will begin at the end of the week
Tata Motors appoints former head of GM Europe as group CEO
Carl-Peter Forster, the former head of GM’s European operations, has been named the CEO of Tata Motors, the company said today
Toyota stung by further recalls
Toyota voluntarily recalls certain Tacoma pickups for defect in drive shafts made by Dana
Michelin posts 2009 results
Full-year profits hit by declining sales; tyre manufacturer warns of “uncertainty” in the market
ThyssenKrupp posts first quarter profit as demand for steel grows
ThyssenKrupp AG has reported a quarterly profit for the first quarter of 2009/2010 as the steelmaker benefits from reduced costs and increased demand
Bridgestone lifts projections for FY2009
Bridgestone Corp. has revised its earnings forecast for the fiscal year ended December 31, citing lower-than-expected costs
U.S. manufacturing consumption falls year-on-year in December
New data reveals a year-on-year drop in U.S. manufacturing consumption for December 2009, but it was up 22.9 per cent from November
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