Survey Finds EVs Less Reliable, on Average, Than Gas-Powered
Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports.
Trailer OEMs Work to Keep Up With Supply, Labor Demands
Trailer manufacturers are whittling down pandemic-related backlog, but some #supplychain headwinds persist. Steve Brawner has the details. #equipment #manufacturing
October 4, 2023Trailer OEMs Work to Keep Up With Supply, Labor Demands
Trailer manufacturers are “eating backlog” now that market demand has normalized and supply chain disruptions have abated after the pandemic. But some components are still in short supply.
FTR’s Starks: Trailer Production to Trend Lower Through 2024
Production of trailers in the United States is set to decline for five consecutive quarters before increasing in the final three months of 2024, according to one expert.
US Dedicates $12 Billion to Retrofit Auto Plants for EVs
The Biden administration is making up to $12 billion available for automakers to retrofit their facilities to make electric vehicles and hybrids.
August 31, 2023McNeilus Truck to Expand Tennessee Operations
McNeilus Truck and Manufacturing Inc., a division of Oshkosh Corp., is investing $25 million to grow its business in Tennessee.
Factory Activity Contracts for a Sixth Month in April
U.S. factory activity contracted for a sixth-straight month in April, the longest such stretch since 2009 and a sign of lingering malaise in manufacturing.
Business Activity Unexpectedly Jumps
U.S. business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.
North American EV Production Slowly Catches Up to Demand
Electric vehicle production in North America is finally creeping up on EV demand, as automakers like Volkswagen, Ford, Lucid and Rivian hustle to close the output gap with front-runner Tesla.
Manufacturing Shrinks at Slower Pace in February, Prices Gauge Jumps
A gauge of manufacturing improved for the first time in six months, though activity remained in contraction territory amid fragile demand and growing inflationary pressures.