Manufacturing

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Showdown looming in Congress of automaker rescue

posted by Romantiq 3 days ago in USD, Manufacturing made popular 8 hours ago

Hardline opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week's lame-d  read more

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European carmakers hopeful of €40bn rescue

posted by strawberry 3 days ago in EUR, Manufacturing made popular 10 hours ago

As lawmakers in Washington ponder a possible bail-out for Detroit’s automakers, the growing problems besetting Europe’s car industry are moving up the political agenda.  read more

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House will help automakers - Pelosi

posted by LosingGain 4 days ago in USD, Manufacturing made popular 10 hours ago

House Speaker Nancy Pelosi said Saturday the House would provide aid to the ailing U.S. auto industry, requiring that the industry meet new fuel-efficiency standards, produce advanced vehicles and restructure "to ensure their long-term economic v  read more

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Canadian Manufacturing Shipments Commentary

posted by strawberry 5 days ago in CAD, Fundamental, Manufacturing made popular 8 hours ago

Manufacturing shipments shocked markets by inching up 0.1% in September compared to an expected 1.5% dive, and following a 3.7% decline in August.  read more

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Growth In September Canadian Manufacturing Shipments

posted by stephenie 5 days ago in CAD, Fundamental, Manufacturing made popular 10 hours ago

New orders for manufactured goods plunged 3.6% in September, and economists are consequently writing off a surprise 0.1% increase in manufacturing sales as a temporary occurrence.  read more

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Good news can't last for Canadian economy

posted by kulas 5 days ago in CAD, Fundamental, Manufacturing made popular 5 days ago

It was another tale of two diverging North American economies early Friday with news of stronger than expected factory shipments and auto sales in Canada but much weaker than anticipated retail sales in the U.S.  read more

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Manufacturing unexpectedly rises in September: StatsCan

posted by blitz 5 days ago in CAD, Fundamental, Manufacturing made popular 5 days ago

Canada's manufacturers posted an unexpected sales increase of 0.1 per cent in September, according to figures released by Statistics Canada on Friday.  read more

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Canadian New Auto Sales Climb 2.5% in September

posted by twilight 5 days ago in CAD, Fundamental, Manufacturing made popular 5 days ago

Auto dealers sold 141,574 vehicles in September for a 2.5% increase in sales in Canada over the previous month, and their first increase after three straight months of falling sales, Statistics Canada reported Friday. Year-over-year, new auto sal  read more