Articles by tag: automotive
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Clean Energy Sets $1.1 Trillion Record That’s Bound to Be Broken
(Bloomberg) — Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and […]
American Airlines Sees Profit Above Estimates on Steady Demand
(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]
Chipotle Seeks to Hire 15,000 Workers Amid Tech Layoffs
(Bloomberg) — Chipotle Mexican Grill Inc. is adding 15,000 jobs across its North American locations — a sign that demand for restaurant food is robust despite high inflation and economic uncertainty. The burrito chain’s hiring push is meant to ensure its more than 3,000 US restaurants are fully staffed for the company’s busiest season, which […]
Honda Autonomous Driving is the First Level-3 System from US Manufacturer
Watch out Tesla – Honda has announced their latest innovation in autonomous driving with “Sensing 360.” Honda plans to roll out this technology suite globally in 2024. Honda autonomous driving will feature assisted driving features like “Autonomous emergency braking with expanded cross-traffic, pedestrian detection capabilities, front cross-traffic alert, active lane-change assist (blind-spot monitoring), [and] lane-change […]
Using Data to Stay Relevant and Competitive in Manufacturing
In the final installment of Intel’s Fireside Chat, Jonathan Luse, General Manager for Industrial Solution Management at Intel, discusses how the pandemic expedited almost every industry to become more tech-savvy and data-centric. To grasp the reality of the situation, Luse opens with some statistics on company confidence of success. Intel first interviewed about 500 […]
How to Choose the Right Partner for Your Control Panel Build
For over four decades, Kasa Controls & Automation has been leading the charge in providing turnkey industrial controls and automation engineering expertise to a wide range of manufacturers and industries, including automotive, grain handling automation, sheet metal, paint shops and industrial equipment. Kasa’s longevity and prowess make it the perfect partner for building electrical […]
Will Federal EV Investments Expand the Scope of Alternative Fuels?
As of early August, the Biden Administration has announced prioritizing investments in alternative fuels and fuel efficiency, including a lofty goal of making electric vehicles 50% of the US’ automotive sales by 2030. The core technologies getting federal support within the context of electric, alternatively fueled vehicles include battery electric, plug-in hybrid electric, and fuel […]
Transportation Trends Pushing OEMs into New Mobility Territory
“You have the ability to include an array of new technologies into vehicles, which changes the dynamics, not only of how you’re manufacturing the vehicles but how it’s positioned in the market.” On this episode of MarketScale TV, Voice of B2B Daniel Litwin guides us through a state of the industry for transportation and auto […]
The Ultimate In Excellent Customer Service? Partnership with Your Clients
Why does someone choose to do business with one company over another? What’s the differentiating factor? In this episode of FlowCast, a Trillium Flow Technologies podcast, host Shelby Skrhak sought to answer that question with Trillium Divisional Managing Director Nick Adcock, an accomplished global business leader with experience across several key markets, including oil and […]
Why are There Weak Links in the Chip Supply Chain and Who is Impacted?
The world’s manufacturing supply chains are showing signs of strain and semiconductors or “chips” are among the hardest hit. The combination of the pandemic policy decisions and the growing demand for electric vehicles created a perfect storm for the industry. “This is an industry issue, of course. We’re working every single day with a cross-functional […]
Nissan Hopes Spending Big on Tech Will Reverse Slide
(Bloomberg) — After two years of faltering sales and fallout from the 2018 arrest of ex-chairman Carlos Ghosn, Nissan Motor Co.’s newly installed management are at another crossroads: how to get Japan’s second-largest automaker out of a rut and beyond the shadow of the disgraced executive who drove its strategy for decades. It’s a tall […]
LeddarTech Announces Significant Growth in Customer Engagements, Partnerships, and Investment in 2020
QUEBEC CITY, Jan. 27, 2021 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, announces notable and significant growth in 2020. Despite the pandemic, LeddarTech, a pioneer in automotive sensing technology, boosted growth in investment, units sold, ecosystem partnerships, strategic customer engagements, and acquisitions in 2020. In November of 2020, […]