Tag Archives: North American

Stellantis Revises 2024 Financial Forecast Amid North American Struggles and Global Market Challenges

(IN BRIEF) Stellantis has revised its 2024 financial guidance due to significant performance challenges in North America and a global market slowdown. The company plans to cut North American vehicle shipments by over 200,000 in the second half of 2024 … Read the full press release

Volvo Group Expands North American Presence with $700M Manufacturing Plant in Monterrey

(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release

ANDRITZ and Powerhouse Controls Partner to Revolutionize North American Paper Machine Drive Systems

(IN BRIEF) International technology group ANDRITZ has joined forces with Powerhouse Controls, a leading drive system provider, to address the modernization needs of North American paper mills while minimizing production downtime. This partnership combines Powerhouse Controls’ drive solutions with ANDRITZ’s … Read the full press release

Kapsch-Microsec Team to Provide Modular and Secure Corridor Management Solutions in European, North American, and APAC Markets

(IN BRIEF) Kapsch TrafficCom and Microsec have announced an expansion of their collaboration to provide comprehensive, modular, and secure corridor management solutions. The companies have jointly developed a security package based on standard IEEE 1609.2.1, which offers V2X-PKI security credentialing … Read the full press release