Category : Manufacturing


Aston Martin Cuts 20% of Jobs as Losses Widen

Luxury car manufacturer Aston Martin Lagonda announces plans to axe up to 600 jobs, representing 20% of its global workforce, following a year of significant financial losses and challenging market conditions.

Volvo Recalls 40,000 EX30 EVs Over Battery Fire Risk

Volvo Cars is recalling over 40,000 EX30 electric SUVs due to battery overheating risks, potentially costing millions and damaging its safety brand. The recall involves replacing modules in high-voltage packs.

Orbex Space Rocket Company Enters Administration

Scottish space rocket manufacturer Orbex has entered administration after unsuccessful fundraising efforts, putting 163 jobs at risk and halting planned test launches of its Prime microlauncher.

Giant Bicycle Founder King Liu Dies at 91

King Liu, founder of Taiwanese bicycle giant Giant and a lifelong advocate for cycling culture, has passed away peacefully at the age of 91. He built the world's largest bike manufacturer.

Giant Bicycles Founder King Liu Dies at 91

King Liu, founder of Taiwanese bicycle giant Giant Manufacturing and lifelong advocate for cycling culture, has passed away peacefully at 91. The company announced his death on Monday.

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