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  • Article 50 triggers worry over UK automotive supply chain

    March 29, 2017

    As the UK officially kicked off the two-year process of leaving the European Union today (March 29th), a number of trade bodies, manufacturers and analysts have again issued warnings about the risks that would face the British and European automotive supply chains, should the UK leave without securing full access to the European single market …

  • Grupo Mexico buys Florida railway company for $2.1 billion

    March 29, 2017

    Grupo Mexico has agreed to acquire US-based Florida East Coast Railway (FEC) for $2.1 billion. The diversified group, which already controls a large part of Mexico’s railway system, will use cash and debt to buy FEC from subsidiaries of the Fortress Investment Group. FEC owns 565km of railways along the coast of East Florida and …

  • BMW to develop new $31m distribution centre in South Africa

    March 29, 2017

    German carmaker, BMW has announced a R400m ($31m) investment in a South Africa regional distribution centre, about 55km from its Rosslyn plant near Pretoria. Local company, Attacq will be developing the 32,000sq.m distribution centre at the Waterfall mixed-use development in Midrand. Distribution is expected to start by mid-2018, for an initial 10-year lease period. Tim …

  • Mexico’s Giant Motors to build and export Chinese SUVs beyond Nafta

    March 29, 2017

    Giant Motors, a manufacturer of Chinese commercial vehicles in Mexico, is set to launch two new SUV models in a joint venture with China’s Anhui Jianghuai Automobile (JAC Motors) to serve Latin American markets. It will be the first Chinese-brand passenger vehicle built in Mexico for the local market and for export. Giant Motors is …

  • China’s Tencent buys stake in Tesla ahead of first Model 3 production

    March 29, 2017

    Chinese online gaming and social network giant, Tencent, has acquired a 5% stake in US-based electric-car maker Tesla for almost $1.8 billion. Tesla is currently in the midst of a major investment in its manufacturing and supply chain as it prepares for its Model 3 launch and to ramp production capacity towards the 500,000 car-per-year …

  • Temporary halt to Audi’s Ingolstadt production after fire at supplier plant

    March 29, 2017

    A fire at a plant supplying Audi’s Ingolstadt facility has forced the carmaker to temporarily halt production. Pelzer, which supplies inner bulkhead insulation for the Audi A4 and A5 models from its plant in Witten, Germany, said a fire broke out in the early hours of March 22nd. Employees were immediately evacuated, with six treated …

  • Vehicle logistics & regulations: The new rules of the game

    March 29, 2017

    Donald Trump’s pledge to lighten the US regulatory load should be music to the logistics industry’s ears, but road and rail providers may have to fight their own corners as and when the changes are rung in In this story… Looking to lighten the burden Testing Trump’s orders Waiting for the concrete to pour First …

  • Valmet to produce next generation of Mercedes-Benz compacts

    March 29, 2017

    Daimler has confirmed that the next generation of it’s compact A-class model will continue to be produced by contract manufacturer Valmet in Finland. The current generation of the A-Class has been produced at the plant in Uusikaupunki since 2013 and in February production of the Mercedes-Benz GLC SUV began there. Daimler has reorganised global production to …

  • Refloated Eukor vessel continues scheduled voyage to South America

    March 28, 2017

    [Updated March 30th] Efforts to refloat the Eukor Car Carriers vessel, Morning Claire, which has been stranded on a sand bar two miles from San Lorenzo port in Honduras since March 18th, have been successful. The company reported that the pure car and truck carrier (PCTC) berthed at San Lorenzo port at 16.30 local time …

  • Ludo Gielen moves to new strategic role at Schoeller Allibert

    March 28, 2017

    Returnable packaging provider, Schoeller Allibert, has appointed Ludo Gielen (pictured) to the newly created role of chief strategic growth officer. Gielen has been chief marketing and innovation officer at the company since 2013. Schoeller Allibert said it was facing a period of strong growth and Gielen’s appointment was designed to lift the commercial strategy of …