China's manufacturing activity contracted again during the month of August, as reflected by the PMI manufacturing index, which stood at 49.7 points from 49.3 the previous month, thus accumulating five consecutive months below the stability threshold of 50 points, according to data published this…
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factories
Eurozone manufacturing PMI marks 4-month lows
The deterioration in factory activity in the eurozone worsened in March, when the purchasing managers' index (PMI) fell to 47.3 points from 48.5 the previous month, its worst reading in four months, according to S&P Global. Market…
Volkswagen reactivated 100% its vehicle production
Volkswagen reactivated its operations at its Puebla plant in Mexico, which means that all its passenger car production plants around the world are already in operation, after the stoppage of activity decreed by all governments to slow the…
United States trade deficit decreases 12.2 %
Last February, the United States' trade deficit decreased by 12.2 % due to a sharp decrease in imports of goods from China and the European Union.
The information was published after the data offered by the Department of Commerce, who…
Audi announces temporary closure of its plants
The German manufacturer Audi, belonging to the group of the German automaker Volkswagen, will gradually close until the end of this week its plants in the German cities Ingolstadt and Neckarsulm, as well as in Belgium, Mexico and Hungary.…
Volkswagen will increase battery manufacturing
Volkswagen (VW) will increase the production capacity of its projected battery factory in the city of Salzgitter, according to the German car manufacturer.
Instead of the 16 initially planned, the plant will produce up to 24 gigawatt hours…
Volkswagen will invest thousands of dollars in electric cars
The German automaker Volkswagen announced that it will allocate new investments of billions of dollars to the manufacture of a fleet of electric cars and digital technologies.
The Board of Directors approved at a meeting in the German city…