All europe articles – Page 110
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Auto is leading exports from Turkey
According to figures from Turkey’s Automotive Manufacturer’s Association, 66% of the country’s vehicle production was exported in the first eight months of 2011, around 534,000 vehicles of a total production for the same period of 810,000. Automotive is now the leading export sector in Turkey with a 20% share in ...
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PSA re-enters Indian market
PSA Peugeot-Citroën has announced it will re-enter the Indian market with the building of a new €650m ($920m) manufacturing facility in the state of Gujarat, India for the production of the Peugeot 508 from 2014. The facility, which will be based in the Sanand automotive cluster, will integrate engine and ...
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Global round up
Mahindra exports global platform SUVIndian carmaker Mahindra & Mahindra has said it will export its new XUV500 SUV to South Africa at the same time that domestic sales begin in December this year, with further plans for export to Western Europe, Latin America, Southeast Asia and Australia. The car, which ...
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Surprise departures as Fiat reorganises
The widespread organisational changes at Fiat that were announced at the end of July have now taken effect and not without some surprise departures from the supply chain and commercial departments, namely Paola Petrone (pictured left), who was senior vice president of Supply Chain Management, and Andrea Formica (pictured right), ...
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BLG sets up JV in China
BLG Logistics has signed a letter of understanding for a new joint venture with the Chinese supply chain provider Cinko SCM. The companies will jointly operate a PDI centre at the port of Tianjin’s ro-ro terminal, called BLG Cinko Autotec, and will export vehicles produced in China. Import vehicles for ...
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Global round up
BLG sign joint venture in ChinaGermany’s BLG Logistics is reported to have signed a 50:50 joint venture agreement with Beijing-based Cinko Supply Chain Management for Chinese vehicle exports as well as imports of foreign cars to China. Called BLG Cinko Autotec and based in Tianjin, the new venture will begin ...
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Executives 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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BMW 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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Global 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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JCB signs up DHL as global lead logistics provider
DHL Supply Chain has signed a new five-year global contract with industrial machinery maker JCB to provide logistics support for global manufacturing inbound supply and aftermarket, including inter-company shipments. Joannes Van Osta, general manager, Group Transport and Logistics, who initiated and led the development of the contract, told Automotive Logistics ...
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Auto 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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Rhenus acquires the European activities of Wincanton Group
Rhenus Group has bought Wincanton’s remaining business in mainland Europe in a deal believed to be valued at up to €74m ($107m). Wincanton’s activities in this area, which includes subsidiaries in Germany and France, representing revenue of around €550m and €4m in profit. The UK-headquartered logistics firm has sold the ...
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MOL and Hoegh join forces in Europe
Ocean car carriers Mitsui OSK Lines (MOL) and Höegh Autoliners have decided to consolidate their short sea shipping and feeder operations in Europe with the formation of a 50-50 joint venture, Euro Marine Logistics (EML), which integrates the existing European short sea and logistics activities of both companies as well ...
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Wilhelmsen 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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Nissan 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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Reasons 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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Gefco 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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Global 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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Chinese 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 ...