National & North American Highlights 1. U.S. Imposes Tariffs on Canadian and Mexican Imports On March 4, 2025, the United States implemented 25% tariffs on imports from Mexico and Canada, excluding oil and energy products from Canada, which are...
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Curated key Supplier Updates from Honda, Manufacturing Leaders & Industry Trends for the week of Feb. 24-March 2, 2025 National & North American Highlights Honda Adjusts Civic Production to Indiana To navigate potential cost increases linked to new U.S....
February 17 to February 23, 2025: 1. Foxconn Proposes Partnership with Honda Taiwan’s Foxconn has proposed forming a partnership with Japan’s Honda Motor, aiming to create a collaborative framework that includes other Japanese automakers such as Nissan Motor and...
With shifting workforce expectations, evolving job markets, and ongoing competition for skilled talent, employee retention remains a top priority for manufacturers and suppliers. Understanding the key factors influencing retention can help your organization make informed decisions, improve workplace satisfaction,...
February 8 to February 16, 2025: 1. Ford CEO Warns of Job Losses Amid Potential Tax Credit Repeal Ford CEO Jim Farley expressed concerns over potential job losses if President Trump repeals the Inflation Reduction Act’s (IRA) electric vehicle...
1. Honda Increases Investment in Ohio Manufacturing Facilities Honda announced an additional $300 million investment in three Ohio auto plants, bringing the total to $1 billion. This funding aims to enhance flexibility in producing electric vehicles (EVs), hybrids, and...