The Lexus ES continues to dominate sales, accounting for 58% of the company’s total sales in October 2024.
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INDUSTRY NEWSLatest News
Boeing commercial airplanes quality chief to retire amid quality control overhaul
Boeing submitted a detailed quality improvement plan to the FAA in May and has been executing those measures in a bid to eventually scale 737 …
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Australian battery materials manufacturer Novonix Limited has announced a binding off-take agreement with global automotive giant Stellantis, marking a major step forward in securing critical …
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Oil markets experienced a downward trend on Monday as two key factors dampened investor sentiment: the diminishing threat of supply disruptions from a storm in …
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INDUSTRY NEWSLatest News
Storm Rafael leaves over a quarter of Gulf of Mexico oil, 16% of gas offline
Storm Rafael, which initially made landfall in the Gulf on Wednesday as a major hurricane, has since been downgraded to a tropical storm.
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INDUSTRY NEWSLatest News
Southeast Asia braces for surge in factory relocations as Trump tariff threats loom
The region, home to a growing network of industrial parks, has already seen a rise in factory relocations.
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The shift to larger cylindrical cells follows a trend set by industry leaders like Tesla and is now being adopted by other automakers, including Mercedes-Benz.
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In 2020, NHTSA granted a groundbreaking approval to U.S. robotics company Nuro, allowing it to deploy up to 5,000 low-speed electric delivery vehicles without human …
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INDUSTRY NEWSLatest News
Israel signs USD 5.2 billion deal to acquire 25 F-15 fighter jets from Boeing
The F-15IA fighter jets will be equipped with advanced weapons systems compatible with Israel’s existing arsenal, along with enhanced range and payload capabilities.
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Despite these concerns, Daimler Truck reported a marginally better-than-expected core profit for the third quarter.