GM’s Bolt EV production run far smaller than planned, union says
GM's Bolt EV production run is running about 75% below plan, a union official says, as Fairfax layoffs mount and GM stays quiet on numbers.
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Altria strikes cigarette manufacturing deal with Philip Morris International
Altria's Philip Morris USA will make cigarettes for Philip Morris International's non-US markets, with first shipments due early 2027.
5 Trends Changing the Automotive Parts Manufacturing Industry
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CynLr Secures $10 Million to Transform Robotic Automation
CynLr, a pioneering Indian robotics startup, has secured $10 million in Series A funding primarily led by Key Venture Partners. This exciting financial support is aimed at further developing their…
Made Smarter Achieves £25m Tech Milestone in North West
Made Smarter has successfully facilitated significant tech investments in North West businesses, marking a £25m milestone.The initiative recently supported 23 North West companies with grants to enhance digital capabilities.Government support…
Job Market Faces Continued Stagnation, QuickBooks Reports
The job market shows no signs of improvement, remaining stagnant as reported by the QuickBooks Small Business Index.All sectors examined experienced either job losses or stagnation, with manufacturing, accommodation and…
UK Economy Shows Signs of Recovery with 0.2% Growth in August
In August, the UK economy experienced a modest growth of 0.2%, marking a departure from two months of stagnation.This recovery, supported by key sectors such as manufacturing and construction, is…
Morrisons to Expand Workforce with 3,000 New Roles for Festive Season
Morrisons is set to hire 3,000 additional staff for the festive season, enhancing store, manufacturing, and logistics support across the UK.The recruitment drive offers flexible roles with added benefits, aiming…
Cowboy Secures €5M to Break Even by 2025
Belgian e-bike manufacturer Cowboy has successfully secured €5 million in funding from Cypress Capital. This financial boost is pivotal for Cowboy's ambition to achieve profitability by 2025.The presence of this…
Austrian Startup Tset Secures €12.7M for Sustainable Innovation
Tset, an Austrian company specialising in product cost and CO2 analysis, has successfully raised €12.7 million in Series A funding. The funding round represents a significant milestone for Tset as…
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