This brings the number of months of consecutive growth to 19, mainly driven by companies buying vehicles for use by their employees.

The larger of the two preliminary loan commitments announced went to a unit of the South Korean semiconductor company SK Siltron.

The current earnings reporting season indicates the impact on supply chains may not be as significant as initially feared

Mahindra will equip some of its five planned electric sport utility vehicles with components from Volkswagen’s MEB platform and unified cells, the carmaker said in an exchange filing February 16.

GM and Panasonic have each committed to purchase 18,000 metric tons of active anode material annually over a period of six to seven years, Nouveau Monde Graphite said.

Respondents expressed optimism in the economy, and more than 50% say they’ve seen a “greater focus and understanding of supply chains” from those in the C-Suite.

As the technology has advanced and become more available, 3D printing is expected to become an integral part of many industries’ operations and could ultimately help companies achieve sustainability goals.

Between now and 2030, North American automakers have the potential to leverage new processes and practices to reduce their production costs while reimagining a traditional domestic industry

Balbir Singh Dhillon, the head of Audi India, said that the Red Sea situation is impacting the German carmaker’s deliveries to customers in India.

Companies considering a move to Mexico should make sure that their nearshoring strategies are built from a rigorous planning process.