September 23, 2022

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Cutting tool orders slipped on a monthly basis in July but were higher on a year-over-year basis.

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General Motors Co. said it will invest $491 million at its Marion, Ind., stamping plant. The project includes an expansion and will boost GM’s ability to make parts for EVs.

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Boeing Co. intends to reopen sales of some 737 Max jets originally intended for Chinese customers, Reuters reported. “We have deferred decisions on those planes for a long time. We can’t defer that decision forever,” company officials said at a recent conference.

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President Joseph Biden, speaking at the Detroit auto show, announced a $900 million plan to start building a national network of charging stations for electric vehicles, The New York Times said.

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