TOYOTA CITY, Japan—Toyota Motor announced a new $500 million investment in Joby Aviation to support the certification and production of Joby’s electric air taxi.
Workers to get 21 percent wage increase over four years.
October 1, 2024
LANSING, NY—After two weeks on the picket line here, Teamsters Local 317 members have voted overwhelmingly to approve a contract with auto parts manufacturer BorgWarner, securing wage increases and expanded benefits.
The concept is intended to make automated assembly lines more flexible and faster and less expensive to implement.
September 30, 2024
OULU, Finland—JOT Automation Inc. and EID Robotics have introduced a system of standardized, modular, robotic cells that can be combined to create microfactories for localized automated manufacturing of products.
CHENNAI, India—Production at Tata Electronics' plant in southern India, which manufactures iPhone components for Apple, will remain suspended indefinitely following a weekend fire, officials confirmed.
PARIS, France—Stellantis, the world's fourth-largest automaker, reduced its 2024 profit forecast and warned of higher-than-expected cash burn due to weak global demand and rising competition, particularly from China.
INGERSOLL, Canada—General Motors Co. and Unifor, the union representing autoworkers in Canada, reached a deal Sept. 23 on a new contract for workers at GM’s CAMI Assembly plant here.
WASHINGTON—Donald Trump says he will impose a 200 percent tariff on John Deere’s imports into the United States if the company moves production to Mexico as planned.