Tag: Industry

Auto industry falls on the second wave of Covid-19 and bleeds, Auto News, ET Auto

Analysts expect that car buyers may bounce back after an extended shutdown, which would help the auto industry to recover.
Analysts expect that car buyers may bounce back after an extended shutdown, which would help the auto industry to recover.

New Delhi: The ongoing Covid-19 second wave has resulted in a near washout of sales in May 2021 for the automotive industry. During the depths of the second peak of Covid-19 in the summer, sales of new vehicles collapsed as auto plants and many dealers were forced to close down.

Many of the top automakers that reported monthly sales on Tuesday said the weeks of pandemic-forced plant closures hit them hard. The economy is facing turmoil and sales were also

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35 Vending Machine Industry Statistics & Trends (2020 Update)

The vending machine is one of the most convenient ways of grabbing a quick snack. It is also one of the efficient and low-cost methods used by suppliers to deliver goods to end-users from a business perspective. Vending machines will work for you around the clock without ever asking for an increase in wages or vacation.

Despite a growing number of unconventional food and beverage distribution methods, the vending machine market looks promising despite slowing growth. What makes vending machines unique is that it does not just offer snacks and beverages, but you can also sell other consumables such as

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Automotive News Honor: ZF’S Aine Denari and Elizabeth Umberson are Recognized Among 100 Leading Women in the North American Auto Industry | News

LIVONIA, Mich., Nov. 9, 2020 /PRNewswire/ — ZF’s Aine Denari, former Senior Vice President, Advanced Driver Assist Systems business and Elizabeth Umberson, Vice President, Materials Management for ZF North America have been named among 100 Leading Women in the North American Auto Industry by Automotive News. Aine, Elizabeth and their co-honorees are featured in a special section of the Nov. 9 issue and were recognized at a virtual, exclusive celebration sponsored by Automotive News and Deloitte.

ZF’s Elizabeth Umberson and Aine Denari are honored as 100 Leading Women in the Auto Industry.

100 Leading Women in

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Modern Machine Shop Industry News: Jan. 21, 2020

“Our predictive maintenance services maximize machine uptime and part quality by detecting major spindle problems before costly and time-consuming catastrophic spindle failure,” says Allen Turk, president and CEO.

Precision Drive Systems (PDS), a global provider of precision spindle motor support and repair based in Bessemer City, North Carolina, has launched a new data-driven predictive spindle maintenance program. 

“Our predictive maintenance services maximize machine uptime and part quality by detecting major spindle problems before costly and time-consuming catastrophic spindle failure,” says Allen Turk, president and CEO of PDS. PDS spindle monitoring technology also protects the machine and workpiece by rapidly shutting

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Modern Machine Shop Industry News: Mar. 20, 2020

The postponement of the Spanish trade show also applies to the ADDIT3D, BeDigital, IMIC and Workinn events, which were planned to be held in parallel with BIEMH. 

The International Machine Tool Exhibition, or BIEMH, has been potsponed from its original dates in May to November 23-27, 2020. The decision to postpone the Spanish event was in response to the World Health Organization’s declaration of a public health emergency with the spread of the coronavirus internationally. The postponement also applies to the ADDIT3D, BeDigital, IMIC and Workinn events, which were planned to be held in parallel with BIEMH. 

The organizing committee

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