Plastics supplier to Rivian, Bosch, others faces insolvency
Unique Fabricating is facing insolvency after failing to make loan payments and dealing with allegations of improperly reporting finances, on top of being investigated for alleged labor rights violations in Mexico......»»
Rivian will add more than 500 jobs in Normal to make new EV crossover
It’s another way the EV maker continues to be the economic-development gift that keeps on giving for Illinois......»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
Apple is deepening ties with China even as it boosts suppliers globally
Despite its well-publicized moves to cut its dependence on China as its main supplier, Apple has also been increasing the number of firms it works with for production with in the region.Tim Cook visits Luxshare factory in 2017. Source: AppleBy Januar.....»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
Tire toxicity faces fresh scrutiny after salmon die-offs
For decades, concerns about automobile pollution have focused on what comes out of the tailpipe. Now, researchers and regulators say, we need to pay more attention to toxic emissions from tires as vehicles roll down the road......»»
Invasive termites dining in our homes will soon be a reality in most cities, says research
With climate change continuing its relentless march, the world faces not only rising temperatures and extreme weather but also an insidious threat to our homes: invasive termites. And the bill could be steep; invasive termites currently cost over US.....»»
Lear"s Q1 net income falls as auto supplier goes full bore into automation
Lear Corp. reached a revenue record in the first quarter but saw net income drop 24% as it navigates operational and restructuring challenges related to lower volumes......»»
Missing link in species conservation: Pharmacists, chemists could turn tide on plant, animal extinction
As the world faces the loss of a staggering number of species of animals and plants to endangerment and extinction, one University of Michigan scientist has an urgent message: Chemists and pharmacists should be key players in species conservation eff.....»»
Scenes from the 2024 Automotive News PACE Awards
The event in Detroit celebrated the best in supplier innovation......»»
Lear to acquire Spanish automation supplier to ease labor costs
Financial terms were not disclosed for the deal, announced Monday and expected to close by the third quarter......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
TikTok owner has strong First Amendment case against US ban, professors say
Professor: US faces "uphill battle" justifying law against First Amendment suit. Enlarge (credit: Getty Images | NurPhoto) TikTok owner ByteDance is preparing to sue the US government now that President Biden has signed.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Arizona TSMC facility continues to fight cultural battles, rising costs & logistical hurdles
Apple chip partner TSMC faces significant barriers that impede the Arizona chip fabrication facility's progress, and the culture clash between American and Taiwanese employees doesn't seem to be getting batter.TSMC's Arizona facility grapples with ri.....»»
The UK"s Climate Change Act, once the envy of the world, faces a stress test
The Scottish government's decision to row back on its 2030 climate pledge illustrates the crux of any target: it's easy to set one with a big political flourish, but harder to follow through with a careful plan to achieve it......»»
Will the US ban the use of single-use plastics like England, India, Hong Kong and other countries?
Madhavi Venkatesan, associate teaching professor of economics at Northeastern University, is convinced that human convenience is an expense the environment cannot afford......»»
Judge deals blow to Stellantis in supplier pricing dispute that threatens production
The order filed Tuesday means that the parent company of Jeep and Ram brands must continue paying its supplier under protest — or “hostage threat,” as the automaker’s lawyer put it last week......»»
Seating supplier Adient plans European job cuts as part of restructuring plan
Adient is cutting jobs in Europe and transferring other roles to countries with lower labor costs, becoming the latest parts maker to eliminate positions in the region......»»
A global plastics treaty is being negotiated in Ottawa this week—here"s the latest
Plastic pollution spans the globe, yet national policies are generally not effective enough, and have so far focused primarily on waste management rather than targeting the root cause. To make matters worse, the global trade in plastic waste tends to.....»»
Flat faces and difficulty breathing: How pet trends have harmed animal health—and what we can we do about it
Dogs come in all shapes and sizes. We've molded some of them to have large protruding eyes, sloping backs and shortened legs through selective breeding......»»