UVeye, a provider of advanced vehicle diagnostic systems, has received an investment from the capital venture arm of General Motors, GM Ventures, to help fund the development and commercialization of the company’s vehicle inspection technology. 

Most manufacturers agree that digital transformation is necessary to remain competitive today and thrive tomorrow. Many large companies have already begun initiatives. But, when asked to quantify the impact of those initiatives on the bottom line, they often come up short.

Chemical recycling of mixed plastic waste is both technically feasible and environmentally and financially promising, according to new research from Audi and Karlsruhe Institute of Technology.

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.

STERLING HEIGHTS, MI—On Monday, Stellantis began indefinite layoffs of workers at its Sterling Stamping Plant here. A spokeswoman did not disclose how many workers will be affected.

Training the next generation of manufacturing workers is essential to the success of U.S. manufacturing and the economy. A recent McKinsey study found that restoring growth and competitiveness in 16 key manufacturing industries could boost annual U.S. GDP by more than 15 percent.

Every assembly technology has its advantages. But, it’s hard to top the variety of fasteners and fastening methods available to manufacturers.

KOKOMO, IN—Stellantis and Samsung are investing $2.5 billion in a new lithium-ion battery assembly plant here. The factory will produce battery cells and modules to supply Stellantis’ North American assembly plants.

Ford plans to add more than 6,200 new U.S. manufacturing jobs in the Midwest to boost production of EVs.

On an assembly line, a fastening tool is typically set up to install specific fasteners at a specific workstation. While an assembler might be tempted to use that tool to help a colleague down the line, such good intentions could actually lead to fastening errors. To keep that from happening, several companies have developed a variety of ways to ensure that fastening tools stay put.