WASHINGTON —The prices charged by U.S. manufacturers, farmers and other producers were unchanged in August, the latest evidence that inflation is tame. According to the Labor Department, the producer price index, which measures price changes before they reach the consumer, was flat after a 0.2 percent increase in July. Excluding the volatile food and energy categories, core prices rose 0.3 percent last month.
DETROIT—UAW leaders at the Ford Division have set expectations high in a video to the membership that hammers home the point that they will not accept concessions in their next contract.
WASHINGTON—New orders for U.S. manufactured goods edged higher in July after a solid increase in June, led by gains for boats and ships, according to the Commerce Department. Factory orders rose 0.4 percent in July, slower than June’s 2.2 percent rise.
SAN ANTONIO—Faced with high demand for its pickups, Toyota will add a Saturday shift at its assembly plant here and here approximately 200 additional workers.
GOTHENBURG, Sweden—The energy consumption of industrial robots could be cut by up to 40 percent thanks to new motion optimization techniques developed by researchers from Chalmers University of Technology in Sweden.
DETROIT—GM has flatly rejected the advances of its crosstown rival, Fiat Chrysler Automobiles, but FCA CEO Sergio Marchionne is not going away—not by a long shot.
WESTBURY, NY—Denver tops the list of top 10 U.S. metropolitan areas for job creation and economic development, according to a new study by Area Development magazine.
TRENTON, GA—Vanguard National Trailer Corp. is building a new assembly plant here that eventually will employ 400 people and crank out 10,000 semi-trailers annually.
DETROIT—UAW President Dennis Williams’ concept to form a health care cooperative that would collectively negotiate provider and health insurance company contracts for about 300,000 hourly and salaried workers at the Detroit Three automakers makes a lot of sense, say experts.
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