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Tag: factory

Richemont puts an end to the AZ Factory label, transforming it into an academy for young designers

May 22, 2024 No Comments Business , , ,

Launched four years ago, the AZ Factory brand is coming to an end as a commercial entity. But the adventure continues in another form. The democratic fashion house created by Alber Elbaz, born of a partnership with the Swiss luxury group Richemont shortly before the death of the emblematic Israeli-American couturier on April 24, 2021, [...]read moreRichemont puts an end to the AZ Factory label, transforming it into an academy for young designers

Rivian wins $827 million from Illinois to expand its factory for R2 lineup

May 3, 2024 No Comments Technology , , , , ,

Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. The company announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds to help expand its existing factory in Normal, IL, as well as [...]read moreRivian wins $827 million from Illinois to expand its factory for R2 lineup

Fox Factory Chevy Silverado is built to Baja

April 24, 2024 No Comments Auto , ,

Fox Factory opened a Performance Vehicle Development arm to create turnkey trucks that can hang with the best off-roaders out there, the upper limit of performance in direct proportion to a buyer’s checkbook. The PVD branch has already laid its wand on the Ford Bronco to presto up the Fox Factory PVD Ford Bronco KOH [...]read moreFox Factory Chevy Silverado is built to Baja

Chery setting up Thailand factory, 50k cars in 2025

April 23, 2024 No Comments Auto , ,

Click to enlargeThailand’s Board of Investment (BoI) has officially announced that Chery will be setting up a plant in the kingdom for both domestic consumption and exports. Production will begin in 2025 and it is forecasted that the plant will roll out 50,000 EVs and hybrids that year itself, before production reaches 80,000 units per [...]read moreChery setting up Thailand factory, 50k cars in 2025

UAW clinches watershed union victory at VW’s Tennessee factory

April 20, 2024 No Comments Auto ,

A Volkswagen employee celebrates results of the unionization vote. (Getty Images) CHATTANOOGA, Tennessee — Workers at Volkswagen’s Tennessee plant have voted to join the United Auto Workers, in a seismic victory for the union as it drives beyond its Detroit base into the U.S. South and West. A majority of eligible workers cast ballots in [...]read moreUAW clinches watershed union victory at VW’s Tennessee factory

2024 Chevy Silverado Fox Factory Edition targets Raptor, RHO

April 19, 2024 No Comments Auto , , , ,

The Chevrolet Silverado 1500 has an option for off-roaders in the form of the ZR2, but there’s still a void in the lineup for a high-performance off-road truck to take on vehicles like the Ford F-150 Raptor R and upcoming Ram 1500 RHO (the TRX’s tamer replacement). Suspension expert Fox Factory has decided to fill [...]read more2024 Chevy Silverado Fox Factory Edition targets Raptor, RHO

Some Tesla factory workers learned they were laid off when security scanned their badges

April 16, 2024 No Comments Auto , , , ,

Tesla CEO Elon Musk sent employees a memo about the layoffs late Sunday evening.Nathan Howard and Justin Sullivan via Getty Images Tesla laid off over 10% of its workforce on Sunday night. Some factory employees only realized they were laid off when their badges didn’t work, sources told BI. At the Nevada factory, the process [...]read moreSome Tesla factory workers learned they were laid off when security scanned their badges

Aprilia RSV4 Factory and Tuono V4 Factory SE-09 SBK launched at COTA, celebrates Aprilia racing history

April 15, 2024 No Comments Auto , , , ,

Launched at the 2024 MotoGP round at Austin. Texas, the Aprilia RSV4 Factory and Tuono V4 Factory SE-09 SBK commemorate “Emperor” Max Biaggi’s first win in the in the World Superbike Championship (WSBK). With a modern racing history of seven world titles, 44 wins and 102 podium places, Aprilia’s dominance in motorcycle racing is expected [...]read moreAprilia RSV4 Factory and Tuono V4 Factory SE-09 SBK launched at COTA, celebrates Aprilia racing history

The Subaru BRZ Cup Car Basic is a turnkey factory race car with a roll cage

April 11, 2024 No Comments Auto , , ,

Subaru has revealed its latest BRZ built for the express purpose of racing. As its name implies, the BRZ Cup Car Basic was developed for the GR86/BRZ Cup, a grassroots motorsport series held in Japan, where the entire field is comprised of Toyota GR86 and Subaru BRZ sports cars. Like its more familiar versions, the [...]read moreThe Subaru BRZ Cup Car Basic is a turnkey factory race car with a roll cage

Levi Strauss tightens budget, stops footwear line, closes factory in Plock, Poland

April 8, 2024 No Comments Beauty , ,

Translated by Nicola Mira Published Apr 8, 2024 Levi Strauss, owner of Levi’s, Dockers and Beyond Yoga, has reported a 7.8% revenue drop for Q1 2024, down to $1.56 billion (€1.44 billion), with losses of nearly $10 million. On Thursday however, a few hours after Michelle Gass, the group’s CEO since January, announced these results, [...]read moreLevi Strauss tightens budget, stops footwear line, closes factory in Plock, Poland