Mexican Media Brands
GBI Rebounds Slightly in August
The Gardner Business Index (GBI) experienced a modest rebound in August, registering 49.0. Gardner Intelligence’s review of the underlying data for the month observed that the Index was supported by supplier deliveries and production, as well as a ‘no change’ reading in new orders.
#economics
Share
The Gardner Business Index (GBI) experienced a modest rebound in August, registering 49.0. This comes after the July reading, which marked the Index’s first contractionary reading in more than two years. The Index has fallen 15.3% from the same month one year ago. Gardner Intelligence’s review of the underlying data for the month observed that the Index was supported by supplier deliveries and production, as well as a ‘no change’ reading in new orders. Read more
RELATED CONTENT
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.