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Mercedes-Benz AG
Mercedes trials humanlike robots for ‘demanding and repetitive’ tasks
...While use of large mechanical arms to carry out functions from lifting entire cars to installing some parts is common across the auto industry, this is one of the first uses of robots with a human appearance...
March 15, 2024
Insurance
Auto-insurance costs rear their ugly head yet again
...The analysts at Employ America have also highlighted auto insurance’s role in the recent gap between the CPI and the Fed’s favoured PCE indicator — and reckon that part of the gap could very possibly narrow...
February 13, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Unions
VW workers in Tennessee vote to join union in win for US labour movement
...The workers, who voted 2,628 to 985 to join the union, had said that Volkswagen was underpaying them, targeting the German group as part of a $40mn campaign to organise workers at 13 mostly foreign-owned...
April 20, 2024
Passive Investing
Vanguard has no plans to join spot bitcoin ETF fray
...But Vanguard wants no part of the spot bitcoin ETF hype, for now....
January 18, 2024
ReviewFilm
Ghostbusters: Frozen Empire — return of the paranormal-zappers offers cold comfort
...Jason Reitman — son of series founding director Ivan Reitman — started again with a family-targeted agenda in 2021’s Ghostbusters: Afterlife, and returns as co-writer with director Gil Kenan on Ghostbusters...
March 21, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Mercedes-Benz workers in Alabama latest in US to call for vote to join UAW
...Workers at a Mercedes-Benz factory in Alabama have called for a vote to join the United Auto Workers union, part of a wider campaign to unionise foreign-owned auto plants that has also targeted Toyota and...
April 5, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthEli Lilly & Co
Eli Lilly races to boost capacity for rival to Novo Nordisk weight-loss drug
...GLP-1s accounted for more than half of auto-injector pens produced by one unnamed contract manufacturer cited by Evercore analysts....
March 5, 2024
Quantum technologies
IBM claims quantum computing research milestone
...Despite the lack of headway in commercial uses for the technology, Gil said companies using IBM’s quantum systems as part of their research and development activities are continuing to invest “around the...
December 4, 2023
HTSI
An auto barn for the Volvo man
...Sustainability was a key part of the architectural mandate, too....
December 14, 2023
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
January 11, 2024
Letter
Letter: Changes have been tried before in Argentina
...Under the heading “Argentina is limping towards economic failure”, Guill Gil wrote that Peronist leaders were openly corrupt (Letters, December 8)....
December 12, 2023
Brazilian economy
Brazil seeks to weaken fiscal targets it set only a year ago
...Gil Castello Branco of Contas Abertas, an NGO that scrutinises the public accounts, linked the looser rules with municipal elections due in October....
April 16, 2024
Cuba
Rare protests break out in Cuba amid electricity and food shortages
...Economy minister Alejandro Gil Fernández was sacked last month, with the government saying he is under criminal investigation....
March 18, 2024
Special ReportUS Manufacturing
Funding spurs US auto industry to make electric shift
...This is a lesson learnt from the UK which, for years, struggled to attract auto investors after losing many of its parts suppliers to lower-cost regions. Some of the largest US names are adapting....
October 18, 2023
Transcript
A historic auto workers strike
...Fewer parts, fewer parts in the power train. And so the UAW itself has estimated in the past that, you know, as many as 35,000 jobs could be lost as the shift happens....
September 18, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Electric vehicles
Joe Biden says Chinese smart cars could pose US security threat
...“China imposes restrictions on American autos and other foreign autos operating in China,” Biden added....
February 29, 2024
Automobiles
Auto workers expand strike against Ford and GM
...A week later, workers at 38 parts depots belonging to GM and Stellantis joined the picket lines....
September 29, 2023
Schaeffler AG
Bid by German auto group Schaeffler values Vitesco at €3bn
...its closing price on Friday — valuing the rival auto group at roughly €3bn....
October 9, 2023
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
April 4, 2024
News in-depthElectric vehicles
US auto salvage industry braced for impending bounty of junk EVs
...The auto salvage and scrap industries have spent decades processing petrol-powered cars, harvesting pieces from camshafts to hubcaps for resale as spare parts or scrap metal....
October 11, 2023
Automobiles
US auto strike expands to 38 General Motors and Stellantis facilities
...Currently strikers are picketing three auto assembly plants, accounting for roughly 13,000 of the UAW’s 146,000 members at the Detroit carmakers....
September 22, 2023
Guyana
UK to deploy naval ship to Guyana after Venezuela territory claim
...Yván Gil, Venezuela’s foreign minister, responded angrily on social media platform X to that visit, saying: “The former invading and enslaving empire, which illegally occupied the territory of [Essequibo...
December 24, 2023
US-China trade dispute
China circumvents US tariffs by shipping more goods via Mexico
...Figures from INA, Mexico’s trade body for auto parts suppliers, show that 33 Chinese-owned companies with Mexican operations sent $1.1bn worth of parts to the US in 2023, up from $711mn in 2021....
February 21, 2024
Inside BusinessThomas Hale
Manufacturers need to face up to new wave of Chinese competition
...Autos are just one part of a wider industrial framework within which, for decades, developed economies have relied on China as an inexpensive and collaborative manufacturing hub....
April 16, 2024
Electric vehicles
Honda and Nissan to join forces to survive EV race
...As part of the agreement, the French carmaker reduced its 43 per cent stake in Nissan, while the Japanese group gained voting rights for its own 15 per cent holding in Renault....
March 15, 2024

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