mmo stories

COVER STORY: THE MIGHTY HAVE FALLEN, BUT HOW FAR?

What does it take to push China’s troubles from number one spot in the news league? German engineering, that’s what.

By now you’ll have heard that Volkswagen (VW) duped the automotive world and millions of its customers, by putting software in their (diesel) cars that would get them through America’s stringent NOX (nitrogen oxide) emissions tests.

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II. North American Perspective

The Institute of Supply Management PMI figure registered 50.2 percent in September, 0.9 percentage points below August’s reading of 51.1, representing expansion in manufacturing for the 33rd consecutive month and growth in the overall economy for the 76th consecutive month….

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III. U.S. Forging Industry

Alcoa is putting $60mn into expanding its R&D facilities outside Pittsburgh. Alcoa’s trademarked, recently introduced Ampliforge process will be pioneered here. The process combines advanced materials, designs and both additive and traditional manufacturing processes…

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IV. Manufacturing Talk Radio

Topics tackled in September were the Baby Boomer’s decision of what to do with their business – sell, merge, or shut it down, the growing positive impact of Women in Manufacturing who now only represent 25% of that workforce when they represent 50% of the general population, MAPI’s quarterly manufacturing economic outlook and all the events of Manufacturing Day…

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V. Euro Zone

Markit’s eurozone Manufacturing Composite Purchasing Managers’ Index (PMI) for September was 52.0, a five-month low, and slightly down from August’s 52.3 reading. The manufacturing sector showed steady progress at the end of the third quarter with both production and new orders showing modest expansion…

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VI. Asia Outlook

China produced 66.94Mt of crude steel in August 2015. down 3.5 percent y-o-y; Japan 8.8Mt down 5.9 percent y-o-y; India 7.66Mt, up 2.7 percent y-o-y and South Korea 5.92Mt, up 4.8 percent y-o-y. Taiwan produced 1.85Mt in August, down 5.7 percent y-o-y…

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VII. South America

Brazil’s crude steel production for the month of August 2015 was 2.8Mt, a 5.4 percent y-o-y decrease. The manufacturing PMI in Brazil in September recovered slightly to 47.0 from August’s 45.8 figure, but things are still not good in Brazil’s manufacturing sector, and a few more months of better stuff are required before we even start to think of the word recovery…

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VIII. THE MANUFACTURING SCENE

The automotive business is said to be, after, ironically enough, the oil and gas business, the second largest business in the world. There are, for example, about one billion cars currently in use on the world’s roads, and approximately 165,000 new vehicles are produced every day..

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IX. GLOBAL SUMMARY

Global growth remains positive for September 2015 in business surveys. The global business surveys measure change from month to month and have historically provided the earliest look at economic performance. Of the 18 surveys that we follow, 10 are…

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X. The Final Word

We consumers are ever at the mercy of those who supply us. What just happened in the car industry will affect some of us for quite some time, but it is more than likely that good will come out of it. Those who are guilty should be rooted out, not just the companies but also the individuals…

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