The shipment of metals and iron ore from the Chinese province of Hebei has been restricted due to a new COVID-19 outbreak in the major steelmaker region of the country, causing serious setbacks and imminent lower demand in China’s steel industry.
Ford announced that it would temporarily close its factory in Saarlouis, Germany, from Monday until February 19 because due chip shortage and weak demand.
Chinese supplier Lens Technology allegedly used Uighur workers in its factories, according to documents revealed by a research initiative group.
German luxury automaker BMW announced on Sunday afternoon it is planning to step up its production of electric vehicles by the year 2023 up to 20 percent.
Unilever would continue advertising on Twitter, Instagram and Facebook in the United States after stopping in June due to hate speech on the aforementioned platforms during the election period in the United States.
Japanese Cosmetic DHC’s CEO Yoshiaki Yoshida has faced criticism and calls for online boycotts as the CEO made an anti-Korean slur in a message, he wrote in the company’s website.
Wistron, an Apple subcontractor that primarily manufactures iPhones in Karnataka’s Narsapura, India was vandalized and looted by its own employees over labor issues.
Many camera manufacturers are at risk of halting their production in the coming months due to a massive October fire that broke out at an Asahi Kasei Microdevices (AKM) Semiconductor audio chip factory in Nobeoka, Miyazaki Prefecture, Japan.
German automaker Volkswagen and numerous suppliers announced on Monday morning that a shortage of chips used in auto manufacturing will disrupt automotive production well into next year, with chip companies saying they are raising prices and expanding their production in response.
Fiat Chrysler’s unit chief executive Davide Grasso announced on Thursday afternoon that every single vehicle of the automaker’s premium brand Maserati will be electrified, either hybrid or full-electric in the next five years.