Europe's Auto Exports Boosted by EV Subsidies November 20, 2023 SupplyChainBrain German manufacturers exported around 2.6 million new passenger cars in the 10 months through October, up 22% year over year.Read More
Poland Truck Protests Leave Ukrainian Drivers Stranded November 20, 2023 SupplyChainBrain Polish firms say the vast majority of trade has been taken by Ukrainians since the passes were abolished by Brussels.Read More
Hunt to Invest £4.5B in British Manufacturing from 2025 November 20, 2023 Bloomberg The funding includes £2 billion for the automotive industry, £960 million for clean energy and £975 million for aerospace, the Treasury said.Read More
Eli Lilly Announces Plans to Build $2.5B Plant in Germany November 20, 2023 SupplyChainBrain The announcement comes just one day after sources said that Eli Lilly was planning to build the facility for $2.17 billion.Read More
U.S. Signs Nuclear Cooperation Pact with the Philippines November 17, 2023 SupplyChainBrain The agreement was signed by the Philippines’ energy secretary and U.S. Secretary of State Antony Blinken November 16 in San Francisco, California.Read More
Stellantis Workers Vote to Ratify New Labor Deal November 17, 2023 SupplyChainBrain The approval locks in the UAW’s deal with Stellantis through April 2028 and includes a 25% wage hike over the life of the contract.Read More
Melrose Says Engine Snags Threaten Airbus, Boeing Delivery Goals November 17, 2023 Bloomberg Peter Dilnot, who takes over as Melrose’s chief executive officer in March 2024, said that while the supply hitches are boosting after-market demand, they’re limiting planemakers’ ability to build jets.Read More
Eli Lilly to Build $2.1B Factory in Germany November 17, 2023 SupplyChainBrain Sources that spoke to Reuters said the project would create over 1,000 jobs when including sub-contractors as well as suppliers in the region.Read More
UAW Members Approve Deal with Mack Trucks November 16, 2023 SupplyChainBrain Mack Trucks said that the new contract will increase the average wages of UAW members by 36% over the life of the contract.Read More
October Marked Seventh Straight Month of Increased Spare Capacity November 16, 2023 SupplyChainBrain The survey showed that the extent to which supplier capacity went underutilized was higher in October 2023 than it was in September and August.Read More
Watch: Challenges in Today’s Supply Chains — and How Technology Can HelpData Management (Big Data/IoT/Blockchain)