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Airbus’ Q3 performance grows despite supply chain snafus

Canadian Manufacturing

dollar despite supply chain issues. “The supply chain remains fragile resulting from the cumulative impact of COVID, the war in Ukraine, energy supply issues and constrained labor markets,” Faury said in a prepared statement. Despite higher earnings, Airbus faces big challenges.

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UK car production down a fifth in first half but shortages beginning to ease

SMMT

uplift in overall output this year, with firmer recovery to follow as supply chain issues recede. 403,131 units were built, representing the weakest first half since the pandemic-ravaged 2020 and worse than 2009 when the global financial crisis decimated demand.1 Battery electric vehicle production increases by 6.5%

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GM Canada names Kristian Aquilina as its new president and MD

Automation Mag

A company press statement notes that Aquilina leads GM Canada at a pivotal time of growth and opportunity, as the industry prepares for an all-electric future and the company continues to build on its recent investments in Canadian manufacturing, EV supply chain and software development work.

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Automotive sales across Canada fell 4.5 per cent in September

Canadian Manufacturing

The firm estimates 130,421 light vehicles were sold in the month, down from 136,584 last year, hitting the lowest sales level for September since 2009. It says sales levels among automakers have varied widely based on supply chain disruptions, including the availability of semiconductors.

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New business index drags down US PMI Composite Output in December

AU Manufacturing

The downturn marks the joint-sharpest since 2009, excluding the initial months in the wake of the pandemic. . The upside is that weaker demand has taken pressure off supply chains which had been stretched during the pandemic. The Flash US PMI Composite Output Index reported a 44.6 rating in December, down from November’s 46.4,

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Automotive Council announces new industry leadership

SMMT

With the transition to electrification happening at pace, key themes will include technological innovation, manufacturing competitiveness, connected and automated mobility and supply chains. The Automotive Council was established in 2009 to enhance dialogue and strengthen co-operation between UK government and the automotive sector.

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Quantum Storage Systems/M&M Plastics Continues Updating Aging Fleet of Molding Machines, Orders 11 New LS Mtron IMM’s

Plastics News

Besides having a compact footprint, the LS Mtron machines were attractive to Quantum because they were available in 100 days or less. “Fast deliveries are almost unheard of in the industry these days, with all of the supply chain disruptions,” said Thomas. “LS Mtron told us they could have new machines to us in 100 days from casting to cargo out (..)

Cargo 98