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...“This is what the US government wanted to see from the beginning and is the result of its recent industrial policy of giving subsidies for localised production.”...
...The company expected the factory to reach production of as many as 500,000 cars a year when it reached full capacity, the people said....
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...The lay-offs and lower-than-expected production projection come as EV sales are growing at a slower rate in the US....
...But make no mistake, it will not stop the trend of companies trying to reduce their reliance on UK production....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...A spokesperson added it was unclear when production would restart....
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...Tesla recently had to suspend production for about two weeks because the disruption to container traffic caused by Houthi missile attacks on shipping in the Red Sea deprived it of crucial parts....
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...But a gap between production and delivery numbers suggests issues with demand. Musk’s polarising personality may put some customers off....
...Ithaca, whose majority owner is Israel’s Delek Group, said the transaction would create the second-biggest independent operator in the UK continental shelf, boosting its production above 100,000 barrels...
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...So everyone piled in and production shot up, but near-term demand hasn’t materialised....
...Smith says regenerative agriculture “makes a lot of sense” and will deliver a host of benefits for the environment, farmers and food production “But the carbon angle has been oversold.”...
...The Federal Aviation Authority has grounded 171 of the Max 9 aircraft pending inspections of the production lines as well as suppliers....
...Arthur makes a distinction between classic production industries, for steel and the like, and knowledge-based industries....
...But it has not been willing to fund a new supply chain for mass car production. Scrapping a project with high upfront costs makes sense. Competition has grown. Tesla has been forced to cut its prices....
...say that Musk is now having to steer Tesla through its trickiest period since the “production hell” of 2018, when the company struggled to make cars at scale....
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...“Shanahan is a no-nonsense guy who knows production and, importantly, knows Boeing — and Boeing knows him.”...
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...Spirit depends on Boeing to be at the top of its production and delivery game. This has not been the case when it comes to the 737 Max and 787 Dreamliner programmes....
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