AP Business Writer
More from David McHugh
Today in Manufacturing Podcast
Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.
Mar 2nd, 2021
Cost Controls, Luxury Sales Help Daimler Weather Pandemic
The bottom line improved on $3.2 billion from 2019, even as top-line revenue fell 11% to $186.3 billion.
Feb 18th, 2021
Ford to Go All-Electric in Europe by 2030
Ford will spend $1 billion to turn a German factory into its base for battery-powered car production.
Feb 17th, 2021
1st Woman, African Chosen to Lead World Trade Organization
Okonjo-Iweala, 66, was named director-general by representatives of the 164 countries that make up the WTO.
Feb 16th, 2021
Volkswagen Board Issues Vote of Confidence in CEO
The vote gives a public show of support for the automaker's push into digital and electric cars.
Dec 15th, 2020
OPEC, Russia to Nudge up Oil Output After Hit from Pandemic
Oil producing countries face a dilemma: producing more increases their revenues but could send prices lower.
Dec 4th, 2020
OPEC Talks on Production Hit Snag
Oil producing countries face a difficult situation.
Dec 1st, 2020
Luxury Vehicles, Booming Sales in China Boost BMW Profits
The company said an earlier decision to focus on the upper luxury segment was paying off.
Nov 4th, 2020
Daimler Rebounds After Lockdowns, Raises Outlook
The automaker now expects full-year operating earnings to equal those from 2019, before the virus.
Oct 23rd, 2020
Nikola Founder Quits Amid Allegations
The company is accused of lying about key features of its vehicles, such as stenciling “hydrogen electric” on a vehicle powered by natural gas.
Sep 21st, 2020
Europeans Bought More Electric Cars During Lockdown
The new figures come as automakers ramp up electric car production.
Sep 3rd, 2020
Airlines Struggle to Convince Wary Public that Travel Is Safe
Globally, air travel is down more than 85% from a year ago.
Aug 17th, 2020