Friday, 22 October 2021

Tag Archives: production

Bosch sees car production falling 5pc in 2019

FRANKFURT: Auto supplier Robert Bosch has revised its forecast for automotive production, expecting a 5% fall this year, bigger than an earlier estimate for a 3% decline, the company’s chief financial officer told Boersen-Zeitung. As a result Bosch would not be able to achieve an earnings before interest and taxes ...

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Boeing reports biggest-ever loss as 737 MAX grounding drags on

WASHINGTON: Boeing reported its biggest loss ever as the 737 MAX crisis drags on, and the company warned it could be forced to temporarily halt production of the plane if the grounding is extended much longer. The aviation giant’s troubles have been mounting since the MAX was taken out of ...

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Apple moves Mac Pro production to China from US

WASHINGTON: Apple Inc is shifting manufacturing of its new Mac Pro desktop computer to China from the United States, the Wall Street Journal reported, citing people familiar with the matter. The move comes at a time when the Trump administration has threatened to impose new levies to cover nearly all ...

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Boeing cuts 737 MAX production rate by 10 planes per month

NEW YORK: Boeing announced Friday it would cut the production schedule of its 737 aircraft line following the two recent crashes that have seen the 737 MAX grounded worldwide. The aerospace giant plans to trim production to 42 planes per month, down from 52 per month, starting in mid-April. Boeing ...

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