Toyota Motor Sales, USA, Inc. today announced that it will conduct a voluntary safety recall involving approximately 74 Model Year 2012 Toyota Yaris vehicles. In the involved vehicles, a relay in the Power Steering Control Module of the electronic power steering system could experience a short circuit due to insufficient distances between terminals in the relay and moisture contamination of relay coil windings.
Manufacturers cannot expect to sustain success with traditional decision making when facing today’s unprecedented shifts in markets, demands, technologies and opportunities. To maintain a leadership position and profit margins, companies must respond intelligently to more frequent, drastic and faster changes.
After a car maker or a steel mill wears out a factory, extracts all the tax breaks a treasury will bear, and accumulates more obligations to its workers than the stockholders will bear, it flees town like a deadbeat husband, leaving a worn-out, exploited patch of land no else will touch. An industrial city follows the same life cycle as a boxer, or a prostitute.
U.S. buyers snapped up new cars and trucks in June at a pace not seen since before the recession. Continuing demand for big pickups helped boost sales for Detroit's automakers. Ford said Tuesday that its sales rose 14 percent, while Chrysler's gained 8 percent and General Motors' rose 6.5 percent.
Mazda Motor Corp. said Tuesday it will bolster its annual output capacity for the proprietary fuel-efficient Skyactiv transmission systems from the current 750,000 units to 1.14 million by next July. Mazda will start increasing production lines at a plant in Hofu, Yamaguchi Prefecture, later this month.
Federal regulators say an executive at Dow Chemical tipped a pal about the company's 2008 takeover of Rohm & Haas. The Securities and Exchange Commission filed a lawsuit Monday against then Dow Vice President Mack Murrell, his friend David Teekell, and a stockbroker.
A North Dakota heavy equipment manufacturing company is showing off its $50 million expansion project. The Caterpillar Reman Drivetrain facility in West Fargo will help produce components for large off-highway trucks and other mining equipment.
The chief executive of Ethiopian Airlines says that his company has pocketed a record profit despite the temporary grounding of its Boeing 787 Dreamliner planes. Tewolde Gebremariam told The Associated Press Monday that his company is expecting a record profit with 20 to 25 percent growth in revenue and number of passengers.
Technology giant Apple Inc. will pay for construction of an 18-megawatt photovoltaic solar plant in northern Nevada. The Fort Churchill Solar Array, to be built in Yerington, was included in a filing Monday by NV Energy Inc. with the Public Utilities Commission outlining the utilities integrated resource plan.
To stay competitive, RSS Manufacturing & Phylrich needed an inexpensive automation solution that could easily be moved between CNC machines, assembly lines, and tube benders. The company deployed a UR5 from Universal Robots and was quickly impressed with the Danish robot arm's performance and ease of use.
Alabama Gov. Robert Bentley says the Mercedes-Benz plant in Vance does not need a union. His comments from a visit to the Tuscaloosa County plant last week are the most pointed public ones to date from a state official about the United Auto Workers' aggressive campaign, Al.com reported Monday.
After several years of taking a beating from the poor economy, new pollution rules and a flood of cheap natural gas, the coal industry was on the rebound this year as mining projects moved forward in the Western U.S. and demand for the fuel began to rise, especially in Asia.
Toshiba Corp. said Tuesday it will expand its semiconductor manufacturing plant in central Japan to meet growing demand for memory chips used in smartphones and tablet computers. Expansion work at the Yokkaichi facility in Mie Prefecture will start in late August for scheduled completion in summer next year, the company said.
General Motors Co. and Honda Motor Co. are joining forces to develop hydrogen fuel cell vehicles. The two companies said Tuesday they plan to develop new hydrogen storage and fuel cell technologies by 2020. They will also push for more hydrogen fueling stations.
A metal manufacturing company has announced plans to add between 250 and 300 jobs at its plant in Hartselle. The Decatur Daily reported Monday that Indiana-based Busche plans to hire new employees over the next five to six years. The company makes parts for heating and ventilation units, air conditioning compressors and tractor-trailers.
Plants that were the sites of two chemical explosions a day apart in south Louisiana remained closed, and it could be months before federal investigators determine the causes of the blasts that killed three workers and sent nearly 100 others to hospitals last month. The Occupational Safety and Health Administration has sent teams to both sites to investigate the explosions.
There are two major processes to choose from when splicing your conveyor belt: mechanical fasteners and endless splicing. Reviewing the available alternatives against the realities of your conveyor system will help you determine which type will serve your needs best.
In today’s business climate, in particular for many industries that serve consumers directly — think automakers, consumer packaged goods manufacturers, or pharmaceutical firms — operate under the assumption that they’ll be subjected to a recall incident at some point.
China's Commerce Ministry announced Monday it has launched a formal investigation into claims that European Union countries are selling wine at unfairly low prices, as a prolonged dispute over Chinese solar power products continues to affect trade relations. The ministry said in a notice late Monday that it had accepted the complaint brought by the Chinese wine industry in May following a review.
French President Francois Hollande demanded on Monday that the United States immediately stop its alleged eavesdropping on European Union diplomats and suggested that the widening surveillance scandal could derail free-trade negotiations worth billions. The Obama administration is facing a breakdown in confidence from key allies over secret surveillance programs that reportedly installed covert listening devices in EU offices.