Auto Makers Retreat From 50 Years of ‘Just in Time’ Manufacturing

Auto Makers Retreat From 50 Years of ‘Just in Time’ Manufacturing

TOKYO— Toyota Motor Corp. is stockpiling up to four months of some parts. Volkswagen AG is building six factories so it can get its own batteries. And, in shades of Henry Ford, Tesla Inc. is trying to lock up access to raw materials. The hyperefficient auto supply chain symbolized by the words “just in time” … Read more

Ambow Education and Nanchang Vocational University to Co-found Intelligent Manufacturing Modern Industrial College

BEIJING, June 17, 2021 /PRNewswire/ — Ambow Education Holding Ltd. (“Ambow” or “the Company”) (NYSE American: AMBO), China’s leading provider of educational and career enhancement services, announced at the opening ceremony of Nanchang Vocational University’s “School-enterprise Cooperation and Industry-Education Integration Base” that it cooperated with the University to co-found Intelligent Manufacturing Modern Industrial College. The … Read more

U.S. manufacturing output accelerates in May on autos, Auto News, ET Auto

The rebound in manufacturing output combined with a 1.2% increase in mining and a 0.2% gain in utilities to boost industrial production by 0.8% last month. That followed a 0.1% rise in April.

The rebound in manufacturing output combined with a 1.2% increase in mining and a 0.2% gain in utilities to boost industrial production by 0.8% last month. That followed a 0.1% rise in April. WASHINGTON: Production at U.S. factories increased more than expected in May as motor vehicle output rebounded, but shortages of raw materials and … Read more

Essentium Research Reveals Need for Additive Manufacturing Education and Upskilling Throughout Manufacturing Organizations

AUSTIN, Texas, June 15, 2021 /PRNewswire/ — Essentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced the third in a series of findings from independent global research on the current and future use of industrial 3D printing. The survey found an increasing need for more education, skills, and training across manufacturers’ organizations. … Read more

Mazda Toyota Manufacturing unveils first Alabama production model

Mazda Toyota Manufacturing unveils first Alabama production model

Mazda Toyota Manufacturing (MTM) announced the first vehicle in the production lineup at its Alabama manufacturing plant – the all-new Corolla Cross – following on the heels of a Toyota announcement on Wednesday. The joint venture partnership between Mazda Motor Corp. and Toyota Motor Corp. is in a hiring boom to prepare for production on the Corolla Cross … Read more

2 Auto Manufacturing Stocks to Buy in June, 2 to Avoid By StockNews

© Reuters. 2 Auto Manufacturing Stocks to Buy in June, 2 to Avoid As the global economy gradually gets back on track, sales of commercial and personal vehicles are expected to soar. However, given that the auto industry is currently hamstrung by a global semiconductor chip shortage, automakers have been forced to reduce production. While … Read more