All Asia articles – Page 98
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Feature
US tornado affects carmakers
Carmakers are continuing to assess the impact on business of last week’s devastating tornados, which hit the southeast of the United States. For three days between 25-28 April, 362 tornadoes were recorded, including 312 in a single 24-hour period. It was the largest tornado strike in US recorded history. The ...
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Swedish truckmakers deliver in Q1
Sweden’s truckmakers Volvo Trucks and Scania have both showed significant increases in global deliveries in the first quarter of 2011, with each reporting strong demand from Europe and South America. Volvo Trucks reported an increase of 81% for total truck deliveries compared with the same Q1 period last year, while ...
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Nissan turns over Leaf in US
Nissan has made a delivery of Leaf electric vehicles to the US through the port of Long Beach in California, which are due to reach customers by June this year. The company has only delivered 500 of the vehicles since introducing them to the US market in December last year ...
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Executives on the move
Julie Krehbiel has resigned as vice president and general manager – Automotive, from US rail provider Union Pacific. The company said she had left for “personal reasons”. No further details were made available. Krehbiel has been replaced by Linda Brandl, who moves from her position as vice president of the ...
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Grimaldi on pace to double profit
Despite rising oil prices, unrest in North Africa and the Middle East, and economic instability in several major European markets, the Naples-based shipping company Grimaldi Group has seen a remarkable growth in profits during the first months of 2011, led in particular by its three Italian-incorporated companies, according to Emanuele ...
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Capacity crunch as China mulls longer trailers
The contentious issue of vehicle trailer lengths for road transport in China may be resolved at the beginning of July when new safety laws are introduced by the Ministry of Transport. However, restrictions on capacity defined in the new guidelines, which propose a regulation length of 16.5 metres for a ...
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Global news in brief
Saturday night’s alright for CevaCeva Logistics has added services for Saturday deliveries to the US from Mexico as part of its Consolidated Border Truck programme (CBT). The Saturday Night Expedite service will ensure the transport of freight that needs to arrive in the Midwest or Ontario, Canada by Monday morning. ...
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Japanese exports washed away
The full impact on vehicle exports of Japan’s devastating 8.9 magnitude earthquake and tsunami off its north-east coast near Sendai was still being assessed at the time of going to print, but already signs point to significant damage to certain ports and production stoppages of at least three days to ...
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China to boost vehicle exports
China is targeting an increase in vehicle exports over the next five years as it enters its 12th Five Year Plan period, with carmakers targeting both developing markets and more mature sectors such as the US. Building on developments in the last phase, which ran from 2006 and saw significant ...
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Turkey announces auto strategy
The Turkish government has released details of its action plan for the automotive industry covering the period between 2011 and 2014. Published in a document released last week called The Turkish Automotive Strategy Report and Action Plan, the move is aimed at firmly establishing the country as a production centre ...
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VW hits record deliveries in Q1
The Volkswagen Group finished the first quarter of 2011 with a significant increase in vehicle deliveries, moving more than 1.97m vehicles from January to March, up from 1.73m over the same period last year. The 13.7% increase means the company outperformed the overall market, which grew 8.1%. Furthermore, VW reported ...
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China rules on US vehicle dumping
China’s Ministry of Commerce (MOC) has released a preliminary ruling on an anti-dumping and anti-subsidy investigation into US vehicle imports that includes saloons and SUVs from carmakers including GM, Chrysler and BMW. When a company exports a product at a cost lower than the price it normally charges in its ...
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Mazda to use Trans Siberia Railway all year
Mazda will be using the Trans-Siberian Railway route it started shipping vehicles on in 2008 for the entire year this year. The move follows studies the Japanese carmaker has made into the effect of weather conditions on the vehicles. It was the first carmaker to use the route for regular ...
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Subaru adds Richmond to US ports
From mid-June this year Subaru of America will start using the port of Richmond on the US West Coast for imports, making a third point of entry to the US for the company along with the ports of Vancouver to the north and Baltimore on the East Coast. The addition ...
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Gefco widens reach with Mercurio stake
Peugeot-Citroën’s logistics arm Gefco is acquiring a controlling 70% share in Italian transport and distribution company Gruppo Mercurio following an agreement signed with Venice European Investments (VEI), the investment fund controlled by holding company Palladio Finanziaria. The figure of the transaction has not been released, though Palladio is reported to ...
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Executives on the move
As part of a number of management changes taking place at Hoëgh Autoliners over the next few months, as of April, Ingar Skiaker has been appointed chief operating officer, based in Oslo, Norway while Steinar Løvdal is the new president of Höegh Autoliners Inc. based in Jericho, New York. Ingar ...
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Global news in brief
Hyundai begins exports from RussiaHyundai will begin exports of the Accent model from its St Petersburg plant in Russia this month following the start up of mass production at the plant in January. Hyundai Motor Manufacturing Rus will supply Russian-made cars to a number of neighbouring countries, including Ukraine, Azerbaijan, ...
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Supply chain aftershocks
The devastating earthquake in Japan has led to widescale production stoppages at the majority of plants in the country, and has threatened global production with supply shortages, the extent to which was unclear at the time of going to print, particularly as the crisis unfolded at Japan’s nuclear power plants. ...
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Argentine car production accellerates
The Brazil effectGlobal giants investCapacity is getting tightArgentina’s auto sector has been stuttering for the last few years in the wake of the financial crisis. But last year car sales reached a new recor,d based on heightened demand at home as well as strong demand abroad, particularly from Brazil, writes ...
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Thailand takes off
Strong government incentives for manufacturers coupled with regional freetrade agreements and growing domestic and export demand are spurring a fast growing automotive sector in Thailand. Russell Beron and Ellen Hua take a look at how the market is developing and what LSPs are doing to keep up.Thai automotive growth driversA ...