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FMC Chairman Breaks Down Post-Pandemic Supply Chain

FMC Chairman Daniel Maffei said the COVID-19 pandemic brought heightened awareness to supply chain issues and revealed what was working — and what wasn’t — across global shipping lanes.

September 12, 2024

GM in Talks to Buy Chinese Batteries Made in US by TDK

General Motors is in discussions to buy EV batteries that would use technology from China’s CATL and be assembled at a new plant slated to be built in the U.S., Bloomberg reports.

September 12, 2024

NHTSA Investigates Safety Issue Reported in VinFast Cars

A U.S. regulator has opened a preliminary investigation into some electric vehicles manufactured by Vietnam’s VinFast Auto Ltd. over a safety issue.

September 12, 2024

USPS Debuts New Mail Trucks Made by Oshkosh Defense

ATHENS, Ga. — The first handful of Next Generation Delivery Vehicles that rolled onto postal routes in August are getting rave reviews from letter carriers.

September 12, 2024

VW Urges EU to Rethink Emissions Targets Amid Job Cuts

Volkswagen Chairman Hans Dieter Pötsch said "politicians have given the industry targets without the necessary infrastructure being available."

September 11, 2024

Nippon Steel Sends VP to Washington to Rescue US Steel Bid

Nippon Steel has sent a senior executive to Washington to boost its case for the $14.1 billion takeover of United States Steel, according to people familiar with the matter.

September 11, 2024

USPS to End Discounts for Consolidators Including UPS, DHL

The U.S. Postal Service said Sept. 11 that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.

September 11, 2024

Stellantis to Invest $406 Million at Three Factories

DETROIT — Jeep and Ram maker Stellantis will spend $406 million retooling three Michigan factories so they can build electric vehicles or battery parts.

September 11, 2024

BMW Recalls 1.5 Million Cars Over Braking System

NEW YORK — BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the German carmaker said was partially triggered by hefty expenses of addressing a braking system recall.

September 11, 2024