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...Zimmer and partners still control the firm....
...“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.”...
...However, it became clear that Jeremy Zimmer had a secret plan to not honour the contract, and when Michael confronted him, Zimmer refused to honour the deal.”...
...“Netflix has waited to release this data until the benefit was greater than the liability,” Zimmer told the Financial Times....
...The lay-offs and lower-than-expected production projection come as EV sales are growing at a slower rate in the US....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...The new owners also include Zimmer’s business partner Steven Kofsky....
...A spokesperson added it was unclear when production would restart....
...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....
...But executives think AI could improve supply chains and production....
...They further claimed that on the same call Cook overstated the success of new iPhone models, only to start cutting production days later....
...The Federal Aviation Authority has grounded 171 of the Max 9 aircraft pending inspections of the production lines as well as suppliers....
...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.”...
...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....
Contract manufacturer taking over iPhone assembly factory from Taiwanese rival Pegatron
...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....
...“Shanahan is a no-nonsense guy who knows production and, importantly, knows Boeing — and Boeing knows him.”...
...The FAA has ordered Boeing not to expand its 737 Max production until it resolves its quality control issues....
...She has held talks about selling the Hollywood studio to Skydance, the production company behind Top Gun: Maverick, people familiar with the matter say....
...The Max 7 aircraft is still awaiting certification and the airline added its capacity plans were “subject to Boeing’s production capability”....
...years tying the company’s fortunes to China and built a supply chain that is heavily dependent on factories in Shenzhen and Zhengzhou — although the company is now trying to diversify manufacturing and production...
...“They’ve run into some ramp up issues,” said Ur-Energy Inc chief executive John Cash, which is restarting production at two mines in Wyoming....
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