China is losing competitiveness to lower-cost producing countries like Vietnam and Indonesia, which is pressurizing its manufacturing sector, says Stanley Szeto, Chairman & CEO of Lever Style.» Read More
Caterpillar reported earnings and revenue on Monday that fell short of Wall Street's expectations, and sharply cut its full-year sales forecast.
The regulator's approval is crucial in returning the jet to service after it was grounded for over three months because of lithium-ion batteries that caught fire.
The decline in the Indian auto industry is a concern for one of the world's largest automakers Ford Motor Company.
As the Shanghai Auto Show kicks off this week, is it time for industry bosses to look for greener pastures?
Facing tougher competition in what is now the world's biggest autos market, Nissan and its Japanese rivals Toyota Motors and Honda Motors are having to increase the locally made content in their cars.
A new study by consulting firm AlixPartners estimates by 2015, the cost of outsourcing manufacturing to China will be equal to the cost of manufacturing in the U.S.
A new study shows China is losing its luster as a base for manufacturers looking for cheap labor, reports CNBC's Phil LeBeau.
CNBC's Phil LeBeau reports China labor costs are rising, as manufacturers look for cheap locations to build things.
General Electric reported first-quarter earnings on Wednesday that topped Wall Street's expectations.
Global carmakers have poured billions of dollars in India's once-booming car market are now struggling as slow economic growth keep their target customers from parting with their cash.
Apple may have surged ahead with tablet sales, but the competition is heating up in China, where ultra-cheap tablets are giving consumers more options.
China has fallen hard for utility vehicles with SUV sales jumping 20.8 percent last year, outpacing the overall auto sales rate in the U.S.
Foxconn, a key manufacturer of Apple's iPhone, ramped up its hiring of assembly-line workers recently, signaling the next iPhone may be coming soon.
Manufacturing growth in New York state slowed sharply in April to its lowest level in five months, the New York Federal Reserve said in a report on Monday.
GM and Ford are putting aside their longstanding rivalry to work together to develop a new generation of fuel-efficient automatic transmissions.
China's economic recovery has unexpectedly stumbled, with the annual rate of growth easing to 7.7 percent in the first quarter from 7.9 percent in the final quarter of 2012.
Consumers of high-end diamond jewelry want the real thing and are willing to pay up, even though the lab-made variety are free of the 'blood diamonds' stigma.
Microsoft—like many of its competitors—is entering the wearable technology space and is working on a smartwatch, according to a report.
Output at euro zone factories rose greater than expected in the month of February on a jump in energy production, a sign of growing demand giving hope of a return to growth.
Four Japanese automakers including Toyota Motor Corp, Nissan Motor Co and Honda Motor Co are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.