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  • Audi’s first quarter sales in China drop 22% after dealer dispute

    April 19, 2017

    Audi’s dealer dispute in China seems to have affected the company’s first quarter sales figures, which were released this week and showed a 22.1% year-on-year drop in its biggest market during the first three months of 2017. The company’s dealers in the country have expressed opposition to the OEM’s plans to produce and sell cars …

  • Logistics JV to connect Germany to Iran and Maghreb region 

    April 5, 2017

    Logistics providers Militzer & Münch and Andreas Schmid Logistik have formed a transport joint venture to offer regular services from Germany to the Maghreb region of North Africa and Iran. MMAS Eurasia Logistics will establish several departures a week from Gersthofen, in Germany, where the company will be headquartered, to Morocco, Tunisia, Algeria and Iran. …

  • Anji and Ceva widen scope of renewed Chinese joint venture

    April 4, 2017

    Anji Automotive Logistics and Ceva Logistics have renewed a Chinese joint venture agreement dating back to 2002, while also expanding the JV’s business scope to include non-automotive contract logistics. The original deal was signed between Anji, China’s largest automotive logistics provider, and US-listed TNT Logistics, prior to its acquisition and rebranding to Ceva by private …

  • Tradisa buys Mosolf Group out of Tramosa

    April 3, 2017

    Automotive logistics provider Tradisa has bought the other half of its jointly owned Tramosa business from the Mosolf Group for an undisclosed sum. The transaction comprised consolidating ownership of Tramosa France, based in Creutzwald, and Tramosa Logistik, based in Saarlouis, Germany. “The purpose of this transaction is to simplify the network of companies and to …

  • Imperial forms automotive logistics JV with China’s Sincero

    March 21, 2017

    Imperial Logistics International has teamed up with Chinese conglomerate Sincero to offer integrated logistics services to carmakers in the country. The two have created a Shanghai-based joint venture, which Imperial will own 51% of with Sincero holding the remainder. Imperial has been operating in the Chinese market since 2012 through another subsidiary, Shanghai Imperial International …

  • Honda and Hitachi announce plans for electric motor joint venture

    February 7, 2017

    Honda has signed a memorandum of understanding with Hitachi Automotive Systems for the joint production of electric vehicle motors, just a week after announcing a hydrogen fuel cell partnership with General Motors (GM) in the US. Hitachi has been selling motors for electric vehicles since 1999 to a number of carmakers in Japan and the …

  • Toyota and Suzuki firm up partnership talk

    February 7, 2017

    Toyota and Suzuki have signed a memorandum of understanding to explore potential cooperation in various business areas including the supply of products and components. In October last year, the two Japanese companies first announced an intention to collaborate in areas such as environment, safety and information technology. Under the memorandum signed this week, further progress …

  • GM and Honda plan joint hydrogen fuel cell production by 2020

    January 31, 2017

    Global carmakers General Motors (GM) and Honda have taken their co-development agreement for fuel cell systems to another level, announcing an agreement targeting production by the start of the next decade. The two companies, which first signed a ‘master collaboration agreement’ in 2013, are to invest a total of $85m in setting up the automotive …

  • PSA and CK Birla to start joint production operations in India

    January 25, 2017

      French carmaker PSA Group and India’s CK Birla group have revealed plans to invest an initial €100m ($107m) for the production of vehicles and powertrains in the state of Tamil Nadu by 2020. The partnership between the two entails two joint ventures. Under the first, PSA will own a majority interest in a new company …

  • NYK sets up joint venture for inland services in Vietnam

    December 14, 2016

    NYK has signed a joint venture in Vietnam to provide inland finished vehicle logistics services. The Japanese company will hold an 80% share in a joint venture with local provider Vietnam Ocean Shipping Agency (VOSA), a subsidiary of state-owned Vietnam National Shipping Lines. The joint venture will be called NYK Auto Logistics Vietnam (NALV) and …