All Asia articles – Page 82
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Feature
Hoegh steps out of car transport to China
Ocean forwarder Höegh Autoliners has withdrawn from offering passenger vehicle transport services between Europe and China stating that rates to the country “are just not good enough to cover the investment to go there”.A spokesperson for the company told Automotive Logistics News: “With vessels that already sail full in ...
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First UK used car export facility for NZ opens
Logistics providers Autohub and Pentalver have joined with international inspection company JEVIC to launch the UK’s first vehicle pre-clearance facility for used car shipments to New Zealand. The move is in response to an increase in second hand exports to the country from the UK (which both use right-hand ...
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Suppliers struggle with Indian power blackouts
India has been hit by a series of power cuts this week that have knocked out electricity grids in the north and east of the country affecting around 600m people and disrupting production at the country’s tier supplier facilities in the region, which could have an impact on vehicle ...
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Automotive helps NYK return to profit
Japan’s NYK Group reported improved revenue and a return to profitability for the first quarter of the fiscal year, which it attributed largely to more sustainable container shipping rates between Asia and Europe, as well as recovery in automobile shipments in the car carrier division following last year’s earthquake ...
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Feature
Pantos moves GM Korea kits to Tashkent
General Motors has signed a contract with South Korean freight forwarder Pantos Logistics for the transport of semi-knockdown (SKD) kits of Chevrolet models from the Gunsan plant on the west coast of Korea to its joint venture engine and assembly facility in the Uzbek capital Tashkent. The carmaker is ...
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Global round up
Jaguar Land Rover expands UK plantJaguar Land Rover has announced this week that it will expand its workforce by 1,100 at its Castle Bromwich plant in the UK Midlands to work on output of a range of new products going into production this year, including the 2013 model ...
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Gefco profits slide as PSA struggles
Gefco Group, the logistics subsidiary of France’s PSA Peugeot Citroën, has seen its profits slide nearly 56% in the first half of 2012 compared to 2011 following drops in revenue in Europe and particularly across Peugeot Citroën, its parent and largest customer. Gefco has also seen its margins squeezed ...
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Feature
Fatal violence closes Maruti Suzuki Manesar plant
Maruti Suzuki’s Manesar plant in the north of the Indian state of Haryana remains closed this week following last week’s violent events there in which one person was killed, more than 70 others injured and in which the plant suffered widespread fire damage. A lockout has been put in ...
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Feature
Fresh concerns for EU carmakers over Japan FTA
European carmakers are once again expressing their concerns about the latest free trade deal the European Commission is pressing ahead with, this time with Japan. Last week the EC called for the launch of talks to establish what could be the world’s largest deal between trading partners which together ...
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Mahindra Logistics looks to diversify and double profits by 2016
Mahindra Logistics, India’s largest automotive logistics provider, has said it plans to double its revenue in the next four years by building on and diversifying its logistics services outside its parent company, Indian conglomerate Mahindra & Mahindra (M&M), and the automotive industry more generally. The company, which was established ...
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Feature
Global round up
Audi plans logistics facility in GyörGerman carmaker Audi is reported to be planning a logistics centre just outside Györ in Hungary to boost production at its plant there, which is currently undergoing a €900m expansion to boost annual car output to 125,000 by next year. Local press reports indicate that ...
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Feature
GM on the Move in Egypt
General Motors has begun assembly of the Chevrolet Move passenger van at its facility in the Egypt’s 6th of October City near Cairo. The company intends to push output to 5,000 vehicles a year at full production and has invested $10m in upgrading the facility with new tooling to ...
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NYK aims to double sales in logistics
The president of ocean-forwarder NYK, Yasami Kudo, has said the company will concentrate on doubling sales at its logistics operations, including the freight forwarding and warehousing businesses led by its Yusen Logistics unit. Yusen Logistics is the product of NYK’s integration of its contract logistics division, NYK Logistics, and ...
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Lohr sells tram division for 35m euros
Groupe Lohr, which manufactures car carriers and rail wagons, has sold its Translohr division, which makes tyre-based trams, to offset losses to its Lohr Automotive division and secure its finances as its waits for a recovery in the European market. Rail transport provider, Alstom Group, and private equity ...
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Feature
Global round up
Bentley extends contract with OntimeBentley Motors has extended its contract with transport provider Ontime Automotive for a further three years as it sees an increase in sales driven by the roll out of new products, including the Continental GT, GTC and Mulsanne. The luxury carmaker, owned by Volkswagen, ...
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Executives on the move
Following the news that GM is transferring the majority of its transport logistics business in Europe and Russia to PSA Peugeot-Citroën’s logistics subsidiary Gefco (read more here), Automotive Logistics News has learned that Andreas Ginkel (pictured), currently director of logistics for GM International Operations, has become co-director of ...
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Gefco-GM 'mega' contract worth 900m euros pa - analysis
The Gefco Group has revealed that the contract signed at the end of June with General Motors will make it the carmaker’s fully fledged fourth party logistics provider (4PL) in Europe, including Russia and Turkey. The seven year contract, which kicks off next year and includes a ...
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Global round up
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Executives on the move
Henrik Wilhelmsmeyer has been appointed director for Mainland China at Rolls-Royce Motor Cars. He replaces Jenny Zhang, who is leaving the company to pursue other interests. Wilhelmsmeyer has moved from Rolls-Royce's owner BMW where he has held a number of senior roles and spent the last six years in ...
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Analysis: Gefco to handle GM logistics in Europe
General Motors has said it will transfer the majority of its transport logistics business in Europe and Russia to Gefco starting next year following a long-term exclusive agreement signed this week with the logistics provider's parent company, PSA Peugeot Citroën. The agreement will impact the majority of the Opel/Vauxhall, ...