CHANGSHA, China — Zoomlion said it has cut excavator manufacturing cycle time to 6.5 days and achieved a production pace of one machine every six minutes by building a shared smart factory system designed to handle high-mix, low-volume heavy equipment production.
DEARBORN, MI—Ford Motor Co. and China’s Geely Auto are in preliminary discussions for a potential partnership that could see Ford’s excess production capacity in Europe used to build Geely vehicles, sources familiar with the talks told Reuters.
The petitions claim that Chinese imports are causing harm to American manufacturers.
August 23, 2024
WASHINGTON—Law firm Wiley Rein LLP has filed trade petitions against Chinese manufacturers of golf carts and other vehicles on behalf of the American Personal Transportation Vehicle Manufacturers Coalition.
U.S. imports from 14 low-cost countries in Asia declined by $143 billion last year.
April 25, 2024
CHICAGO—Continuing the reshoring trend of the past few years, U.S. companies are increasingly importing goods made closer to home and relying less on goods from low-cost countries in Asia.
EDINBURGH—China’s growing dominance in the electric vehicle market will threaten foreign brands and spark global debate in 2024, according to a recent report by energy research and consulting firm Wood Mackenzie.
BEIJING—China's Ministry of Industry and Information Technology agency said last week that the country's automobile sector is back to normal, with both output and sales in May increasing more than 50 percent from April. Major suppliers SAIC Motor and SKF concur.
WASHINGTON—The House voted on Feb. 4 to pass the America COMPETES Act, a bill that aims to increase U.S. competitiveness with China and to address the country’s shortage of semiconductors by strengthening the country’s supply chain.