manufacturing News Updates

Business

Racing Helps Promote DTNA鈥檚 Alliance Unit

HOMESTEAD, Fla. 鈥 Daimler Trucks North America wants a bigger piece of the aftermarket and is using stock car racing as a means to boost sales for its Alliance Truck Parts unit.

November 28, 2011
Business

N.Y. Manufacturing Index Expands For First Time Since May

Manufacturing activity in the New York region expanded in November for the first time in six months, the Federal Reserve Bank of New York said Tuesday.

November 15, 2011
Business

Volvo Transmission Work Moving to U.S. Factory

KOPING, Sweden 鈥 The Volvo Group said it is moving ahead with a plan to shift the assembly of its I-shift automated mechanical transmission from its factory here to the United States and Brazil for trucks that its subsidiaries build in North and South America.

November 14, 2011
Business

VW Completes Acquisition of Rival MAN; Seeks to Be Key Player in Global Market

Vehicle manufacturer Volkswagen AG said last week that it completed the purchase of a majority stake of fellow German truck producer MAN SE, opening the way to becoming 鈥渁 new top player on the global truck market.鈥

November 14, 2011
Business

Cummins Posts Higher 3Q Profit, Trims 2011 Outlook

Cummins Inc. said Tuesday its third-quarter profit rose 60% from a year ago, but the engine maker trimmed its full-year revenue outlook due to 鈥渦ncertainty around the macro-economic environment.鈥

October 25, 2011
Business, Equipment

Philadelphia Manufacturing Index Rises

Manufacturing activity in the Philadelphia region increased in October, the Federal Reserve Bank of Philadelphia said Thursday.

October 20, 2011
Business

Daimler Will Protect Employees鈥 Jobs Through 2016

Daimler AG has pledged to protect the jobs of its permanent employees through 2016, Bloomberg reported Wednesday.

October 5, 2011
Business

ISM Manufacturing Index Rises

U.S. manufacturing activity rose in September, showing continued expansion for the 26th consecutive month, the Institute for Supply Management said Monday.

October 3, 2011
Business

Daimler, Chinese Firm Gain OK For Truck-Making Joint Venture

Daimler AG and a large Chinese truck maker have received Chinese government approval for their joint venture to build medium- and heavy-duty trucks and engines for the domestic market and for export.

October 3, 2011
Business, Government

N.Y. Manufacturing Index Contracts for Fourth Month

Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.

September 15, 2011