All Asia articles – Page 94
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FeatureExecutives on the move
Sean Liang is the new director of Global Purchasing and Supply Chain for GM China replacing Michael Filazzola, who has moved to a new position as executive director of GPSC for GM Holden in Australia, the position previously occupied by Liang. Liang will be responsible for the Purchasing organisation’s business ...
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FeatureGM to ship China made CKDs to India
GM’s joint venture with Chinese OEM SAIC will begin shipping microvan CKD kits for assembly in India from next year. SAIC-GM-Wuling Automobile (SGMW) will produce the kits at its facility in Liuzhou for assembly at two plants in India: the Halol facility near Baroda and the Talegaon plant near Pune. ...
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FeatureBMW leads imports to Korea
Korea imported 51,664 newly-registered vehicles in the first half of 2011 according to the Korea Automobile Importers & Distributors Association (KAIDA), a 23% increase on the same period in 2010. Sales of imported vehicles in the country were led by BMW and Mercedes, and the top region of imports was ...
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FeatureKia hits 1m delivery milestone in US
Kia Motors has delivered its one millionth vehicle to the US through the West Coast port of Tacoma, Washington state. The 2011 Optima Hybrid rolled off a K-Line vessel at the port's Blair Terminal earlier this month. It was manufactured at the carmaker’s Hwasung plant in South Korea. The vehicle ...
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FeatureGM to restart production in Indonesia
General Motors will invest $150m to reopen its Bekasi manufacturing plant in West Java, Indonesia. The plant will start production of a new lines of people moves in 2013 with an initial capacity of up to 40,000 vehicles to serve the Southeast Asian market, according to the company. The Bekasi ...
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FeatureGlobal round up
In response to a growth in demand, Asian logistics provider Kerry Logistics has started work on the expansion of its Chongqing Logistics Centre in China with a focus that includes automotive spare parts. Phase 2 construction, which is scheduled for completion in the first quarter of 2013, will comprise 62,700m2 ...
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FeatureAuto help boosts Ceva to a solid first half
Ceva Logistics has reported €1 billion ($1.44 billion) in new business wins in its financial results for the first half of 2011 on its way to €3.4 billion in revenue (up 5.2%) and earnings before interest and tax at €152m, an increase of 29.9%. Automotive was described as an important ...
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FeatureExecutives on the move
Wallenius Wilhelmsen Logistics has announced two appointments to its global executive management team in the Americas. John Felitto has now taken on the role of president and CEO of WWL Vehicle Services Americas. Felitto, who joined the company more than 10 years ago, has been operating in this role as ...
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FeatureWilhelmsen gains profits on deep-sea volumes
Wilh. Wilhelmsen Holding ASA (WWH) has reported an increase in its operating profit by nearly 24% to $71.4m for the second quarter. The rise was due to a continued increase in deep sea volumes said the company, including continued export out of Korea and high and heavy volumes. A spokesperson ...
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FeatureNissan to cut exports from Japan
Nissan Motor is cutting its exports from Japan by a third in a new strategy designed to boost domestic sales and reduce the impact of the strong yen, which is hitting the company’s profits. Currently the yen is staying near a record ¥76.25 against the dollar, strengthening this week even ...
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FeatureReasons to be cheerful for freight industry
The logistics industry is in good health despite the dire warnings of recession from the world’s financial centres according to analysis from consultancy Transport Intelligence. Despite turmoil in the market over the debt crisis in Europe and a downgrade in the US credit rating, there may be reasons to believe ...
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FeatureGefco ready to buy and expand
Gefco, the logistics division of the PSA Peugeot-Citroën Group, is pushing to expand and diversify its vehicle logistics operations and is targeting further acquisitions in European and global markets. The company, which has experienced record growth and profits this year, is aiming to reduce the proportion of PSA business in ...
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FeatureGlobal roundup
Sonic has most complex logistics for GM in North AmericaGeneral Motors launched production this week of the Chevrolet Sonic subcompact at its Orion Township assembly plant in suburban Detroit, the only subcompact car it manufacturers in the US. According to Kenneth Knight, GM executive director of global and North ...
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FeatureChinese logistics costs rise as US, Europe stagnate
Chinese logistics costs in the first half of 2011 have risen to 18% of the country’s GDP, an increase of 0.1% since last year according to a report by the China Federation of Logistics and Purchasing (CFLP). The rise comes at a time when logistics costs in Europe and North ...
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Supply chain and earthquake costs hurt carmakers' profits
The release of earnings reports over the past week has revealed supply chain threats to carmakers’ profits in the form of higher raw material costs, currency shifts as well as component shortages and premium freight logistics costs, both related to the lingering impacts from the Japanese earthquake. Several carmakers facing ...
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FeatureGroupe CAT on the prowl for assets and acquisitions
Groupe CAT, the France-based vehicle and cargo logistics provider, has revealed that it is tracking ahead of its expansion, diversification and asset purchase targets, and that it is also interested in acquiring other companies as it grows globally. Improvements in the company’s business model appear fortuitous particularly as it faces ...
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Ford chooses Gujarat for logistics access
Ford Motor Company has said that it chose to build a car and powetrain plant in India in Sanand, Gujarat, in the northwestern part of the country, to improve delivery times to the largest market in the north and to gain better access to the ports of export in the ...
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FeaturePanopa supports Mercedes in Hungary
Imperial Logistics subsidiary Panopa has expanded its Eastern European operations to support a new container management contract with Daimler in Kecskemét, Hungary. The company has established a new division called Panopa Logistik Magyar to support the new business. The three-year contract involves returnable container handling in support of Daimler’s rollout ...
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FeatureGlobal round up
Milestone journey for DB Schenker RailLast Saturday DB Schenker Rail moved the first European-sized freight train on the UK’s High Speed 1 (HS1) rail link connecting the Channel Tunnel to London. The HS1 is the only European-sized rail route in the country. The new service will connect the UK via ...
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FeatureExecutives on the move
Greg May, president of US finished vehicle carrier, Jack Cooper Transport, is to leave the company at the end of August. He will remain involved with the company as a consultant and continues in his role as vice chairman of subsidiary Jack Cooper Logistics. May has not announced what his ...