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Worldwide: Toyota Motor Corp has cut its projections for North American sales by 60,000 vehicles this fiscal year for the first time. Nissan Motor Co also reported a 43 percent drop in quarterly operating profit.
Indonesia: With an improved 122 points in the consumer confidence index, Indonesia was the third most confident nation in the world after the India and Philippines in the third quarter of 2016, according to Nielson.
Vientiane, Laos: Three contracts have been awarded to China Railway Group subsidiaries for civil works on the first three sections of the Boten-Vientiane railway.
The Automotive Industry Action Group (AIAG) has included mentions on corporate ethics for the first time. The industry’s most widely used international standard for quality management — previously named ISO/TS 16949 — has been revised by the International Automotive Task Force (IATF) will be and will be replaced by IATF 16949.
Thai Nguyen Iron and Steel Corporation (Tisco) earned a profit of more than VND208 billion (US$9.28 million) after taxes in the first nine months of 2016.
Ross Porter Jr has been appointed to the executive leadership team of Apex Tool Group as senior vice president and president of its global power tools business unit.
Automotive manufacturers are under great pressure to develop vehicles which are due to go into production from now to 2020. A panel of experts weigh in with their thoughts on how additive manufacturing could contribute to the automotive industry.
The fundamental objectives of manufacturing — improve quality, decrease cycle time and reduce costs — are the primary reasons that jigs and fixtures are so abundant. By Joe Hiemenz from Stratasys
Siemens and the Fraunhofer Institute have developed a faster production process based on selective laser melting (SLM). By Dipl-Ing Jeroen Risse, Fraunhofer Institute for Laser Technology ILT
Image dimension measurement system puts much faster in-process inspection within everyone’s reach. By Keyence
