Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
Category: Factories and Manufacturing
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China Approaches First Investment Decline in 3 Decades
A broad measure of investment fell more than 10 percent in November, continuing a recent reversal and signaling the depth of China’s property crisis.
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Historic Shift Underway in China’s Economy as Investment Slump Deepens
Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.
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Trump’s Tariffs Shrank the U.S. Trade Deficit in September
U.S. imports and exports ticked up from lows the previous month when the president’s global tariffs went into effect, while the trade deficit continued to fall
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Boeing Completes Acquisition of Spirit AeroSystems, a Major Supplier
The aerospace company is buying Spirit AeroSystems, which makes the bodies of the 737 Max jet, two years after a part of that plane blew away during a flight.
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Despite Trump’s Tariffs, China’s Trade Surplus Climbs Past $1 Trillion for First Time
President Trump’s tariffs weren’t enough to hold back the global export flood by China, which pushed past last year’s record in just 11 months.
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Have Trump’s Tariffs Gone as High as They Can Go? Businesses Hope So
A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
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Boeing Tackles Quality With a ‘War on Defects’
Two years after a panel flew off a 737 Max, Boeing is doing more inspections, completing work in its intended order and making other changes. Can the company keep it up?
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Who Chanel and Louis Vuitton Have Called When Making Woven Leather Bags
As Craig Wright has built his brand, Dragon Diffusion, he has quietly built a reputation as a leather whisperer for Hermès, Chanel and others. Now he’s ready to talk about it.
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How One German Toymaker Made Money Despite U.S. Tariffs
A combination of strategic planning, good timing and a long-awaited product helped the maker of electronic story boxes weather the onset of tariffs.
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U.S. Manufacturers to Benefit as G.E. Appliances Shifts Production
The company, now owned by a Chinese conglomerate, is investing $150 million in 18 American suppliers across 10 states.