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IMPO Insider

Daily industrial news and top headlines for plant and maintenance managers

Toyota Sees Gains As European Car Market Recovers

March 4, 2014 9:58 am | by The Associated Press

Toyota Europe expects to sell 865,000 units this year and increase its market share to 4.8 percent as the European car market enters what is expected to be a slow recovery from six years of contraction.               

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Apple CFO To Retire

March 4, 2014 9:55 am | by The Associated Press

Apple's longtime Chief Financial Officer Peter Oppenheimer will retire in September. The announcement Tuesday comes one day after Goldman Sachs named Oppenheimer as one of its 13 board members.                 

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Cold Weather Hurt Automakers And Walmart, But Helped Others

March 4, 2014 9:48 am | by Joseph Pisani, AP Business Writer

"The concept of a polar vortex doesn't feel good, but it's good for business," said Kane Calamari, a vice president at Ace Hardware Corp.                                 

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Hyundai Focuses On Safety With Redesigned Sonata

March 4, 2014 9:41 am | by Youkyung Lee, AP Business Writer

Redesigned for a seventh time since the midsize family sedan made its debut in 1985, the latest Sonata model is Hyundai's answer to a flurry of safety issues and customer complaints at home and abroad.              

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Automakers Wary Of Russia At Geneva Auto Show

March 4, 2014 9:37 am | by Colleen Barry and Josh Heilprin, AP Business Writers

Russia has been a key market for recession-battered European automakers that have looked to expand sales and find partners for lucrative joint ventures. But new uncertainty has been raised by growing tensions between Russia and the West over the Ukrainian peninsula of Crimea.

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Apple Teams Up With Automakers

March 3, 2014 2:19 pm | by The Associated Press

Apple Inc. is calling the technology, "CarPlay." That's a change from its original name, "iOS in the Car," given last June when Apple announced its plans to make its mobile operating system more compatible with automobiles.         

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Oil Prices Spike On Russia Sanctions Fears

March 3, 2014 2:11 pm | by The Associated Press

Oil prices jumped nearly $2 a barrel Monday as Russia's military advance into Ukraine raised fears of economic sanctions against one of the world's major energy producers.                        

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March Will Test U.S. Auto Demand

March 3, 2014 2:08 pm | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers

As the spring thaw begins, automakers will see if the slowdown was due to historic cold temperatures and snowfall — as many believe — or if there are deeper reasons for sagging demand.                   

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Obama Admin Moves Ahead With Cleaner Gas Rule

March 3, 2014 1:52 pm | by Josh Lederman, Associated Press

The Obama administration is moving forward with a dramatic reduction in sulfur in gasoline and tighter emissions standards for cars, arguing the move will eventually save thousands of lives per year.               

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GM, Ford, Toyota Feb. Sales Fall

March 3, 2014 1:48 pm | by Tom Krisher, AP Auto Writer

America's top three automakers said the month started slowly but sales began to recover in the second half, a sign that fears of a broader auto sales slowdown may be unfounded.                      

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Pipeline Protesters Arrested In Washington

March 3, 2014 1:45 pm | by The Associated Press

The protesters were mostly college students who participated in a peaceful march that began at Georgetown University and ended outside the White House.                             

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Surgeon: 'Bone Putty' Could Accelerate Healing For Soldiers

March 3, 2014 1:42 pm | by Mike Schmidt, Editor, Surgical Products

A Kansas surgeon is working on a $1.6 million research product that seeks to address combat-related trauma issues for soldiers. The product could potentially help heal weight-bearing bone in a fraction of the time it normally takes.   

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Peugeot 308 Voted Car Of The Year

March 3, 2014 1:34 pm | by The Associated Press

French automaker Peugeot's compact beat six other finalists — including a pair of electric sports cars, the Tesla S and BMW i3 — and a premium Mercedes S class for the award announced Monday, the eve of the Geneva Auto Show.         

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Manufacturers Optimistic Overall, But Energy Costs Are Big Concern

March 3, 2014 12:27 pm | by Tia Nowack, Associate Editor, IMPO

Like their peers in other sectors, industrial manufacturing CEOs are much less worried about the global economy than last year, although exchange rate volatility and energy costs are still big concerns.             

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Obama Challenges Congress To Help Create Manufacturing Jobs

March 3, 2014 10:03 am | by The Associated Press

In his weekly radio and Internet address, Obama points to the launch of two new high-tech manufacturing hubs and a competition to rebuild the nation's roads, bridges, mass transit, ports, and railroads. He says Congress can help in both areas.  

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Cummins Recalls 25K Engines

March 3, 2014 10:00 am | by The Associated Press

Engine maker Cummins Inc. and its joint venture Cummins Westport Inc. are recalling 25,013 engines because cold weather could cause a sensor to fail, resulting in an exhaust fire.                      

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Automakers Pack Small Models With Premium Features

March 3, 2014 9:55 am | by Colleen Barry, Associated Press

One Geneva Auto Show buzzword is small. Mass carmakers are adding premium design features to their city cars as they fight back against premium carmakers' moving in on their small car territory.                

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China Manufacturing Weakens, Economy Cools

March 3, 2014 9:52 am | by Joe McDonald, AP Business Writer

China's manufacturing weakened in February and employers cut staff at the fastest rate in nearly five years, a survey showed Monday, adding to signs growth in the world's second-largest economy is cooling.             

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Chrysler, Nissan Post Big Sales Gains

March 3, 2014 9:48 am | by Tom Krisher, AP Auto Writer

Nissan says its sales were up almost 16 percent to just over 115,000 despite repeated winter storms that struck much of the country. Chrysler sales rose 11 percent to nearly 155,000.                    

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Deere CEO Optimistic In 2014

March 3, 2014 9:47 am | by The Associated Press

The CEO of Deere & Co. says this year will be pivotal for the company as lower demand for farm equipment cuts sales but he is optimistic demand for construction equipment and other advanced machinery will strengthen.         

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