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VIEWPOINT | THE ROLE OF STEEL IN FUTURE MOBILITY
5/6/2019A mobility future that features electrically powered and autonomously driven vehicles will bring major changes in the design, engineering and materials used in tomorrow’s cars.
Trump Threatens to Hike Tariffs on Chinese Goods
5/6/2019President Donald Trump, who a week ago was bullish on a trade deal with China by mid-May, now says he will hike tariffs on $200 billion worth of China on Friday because the talks are moving too slowly.
Brembo Names Schillaci as CEO
5/6/2019Italian performance brake system supplier Brembo SpA has hired Daniele Schillaci to take over as CEO on July 1.
Daimler Touts Low-Cost 3D Printing Process
5/3/2019Daimler AG has completed a two-year pilot program for a fully automated additive manufacturing process that promises to cut costs in half for 3D-printed parts.
BMW Teases 8 Series Sedan
5/3/2019BMW AG has released darkened images of the upcoming sports sedan version of the company’s 8 Series coupe.
Tesla Completes $2.4 Billion Bond and Stock Sale
5/3/2019Tesla Inc. has raised at least $2.4 billion through the sale of stock and bonds to shore up its cash supply.
GM to Fix Engine Block Heaters in 324,200 Pickups
5/3/2019General Motors Co. plans to recall 324,200 of its large pickup trucks in the U.S. with engine-block heater connectors that could catch fire.
Mahindra in Running for U.S. Postal Vehicle Contract
5/3/2019India’s Mahindra & Mahindra Ltd. says it will build a second assembly plant in Michigan if it lands a big contract to supply small delivery trucks to the U.S.
Dana Posts Another Revenue Record
5/3/2019Powertrain components supplier Dana Inc. says its revenue in January-March advanced 1% to $2.2 billion, enough to mark the Ohio-based company’s 10th straight record quarter.
Uber Drivers Plan Protest Ahead of IPO
5/3/2019Drivers for ride-hailing provider Uber Technologies plan protests in seven U.S. cities ahead of the company’s initial public offering on May 10.