All Feature articles – Page 75
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FeatureVolkswagen earmarks €22.8 billion for modular and electric vehicle future
Volkswagen has announced a major €22.8 billion ($26.7 billion) investment programme in its plants around the world to prepare them for modular production and for an electric vehicle offensive in the coming years.The main focus will be on Germany, which will account for investments totalling €14 billion. A big part ...
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FeatureFord invests in Valencia for next generation Kuga
Ford is investing €750m ($880m) in its Valencia assembly plant in Spain to build the next generation of its Kuga SUV.The carmaker has been making the Kuga there since 2013, alongside the full range of Mondeo, S-Max and Galaxy models, as well as the Tourneo Connect and Transit Connect light ...
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FeatureNissan hits 20,000 exports from Brazil following project launch last year
Nissan has exported 20,000 vehicles from its plant in Resende, Brazil, since its export project began in March 2016, it has reported this week. What is more, the carmaker expects to increase exports by 50% in 2018.The carmaker is sending volumes of the March (43%) and Versa (57%) compact models ...
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FeatureYusen builds services in Romania with Tibbett Logistics buyout
Yusen Logistics’ division in Europe has agreed to buy Romanian-based logistics and transport provider Tibbett Logistics from Keswick Enterprises Group for an undisclosed sum.Tibbett Logistics provides contract logistics, warehousing, transport and intermodal services in Romania and neighbouring countries in south-east Europe for a range of sectors. It has a strong ...
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FeatureSkiaker steps down as CEO of Höegh Autoliners following US fines
Ingar Skiaker (pictured) has decided to step down after six years as CEO of Höegh Autoliners, following the company’s recent settlement with US authorities in a price-fixing investigation.Ivar Myklebust, chief financial officer since 2014, will take on the CEO role from December 1st, while Skiaker, a 30-year company veteran, will ...
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FeatureABP launches £3.5 billion property arm with 960-hectare land bank
Associated British Ports (ABP) has launched a property development and investment business called ABP Property, worth £3.5 billion ($4.6 billion).The company owns sites in and around 21 major UK ports and said it had a ‘land bank’ of 960 hectares ready to accommodate new logistics, assembly, manufacturing and other business ...
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FeatureVolvo to supply Uber with self-driving-compatible cars from 2019
Volvo Cars and Uber have announced a framework agreement under which the ride-hailing company will receive a fleet of self-driving-compatible vehicles from the Sweden-based car company, starting in 2019.In August last year, the two companies announced a joint project to develop new base vehicles that would be able to incorporate ...
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FeatureWWL sells Australia inland transport business to Prixcar for a 20% stake
Norwegian transport and logistics provider, Wallenius Wilhelmsen Logistics (WWL), has confirmed it will sell its inland transport and technical service business in Australia to local finished vehicle logistics services provider Prixcar, in exchange for a 20% share in that company.WWL would not confirm what that share of Prixcar was worth. ...
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FeatureRenault signs agreement with Al-Futtaim to assemble cars in Pakistan
France-based carmaker Renault Group has announced the signing of an agreement with Al-Futtaim for the assembly and distribution of cars in Pakistan.“Groupe Renault is delighted to extend its international footprint by entering Pakistan, a fast-growing market with a 10% annual growth rate,” said Fabrice Cambolive (pictured, left), Renault’s chairman of ...
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FeatureIquique carves out role in Chilean automotive import sector
The Chilean port of Iquique has unloaded nearly 8,000 finished vehicles in the last 15 days, headed to dealers in the local area, according to reports in the local maritime information source Mundo Maritimo.The vehicles were processed by terminal operator Iquique Terminal Internacional (ITI) and moved to the dealers through ...
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FeatureRussian carmakers to export vehicles to Latin America
Russian carmakers UAZ and GAZ will begin exporting vehicles to Latin America early next year.Andrey Dorofeev, director of UAZ’s export department, said the carmaker planned to export several trial batches of its Patriot SUV model to Mexico in the coming two months and would also make some trial shipments to ...
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FeatureJaxport to boost car handling capacity by 25%
The US port of Jacksonville in Florida is adding 40 hectares of processing and storage space at the Dames Point Marine Terminal. Construction will begin in January.The port authority (Jaxport) said it would be a multi-million-dollar expansion, supported mostly by private investment but with some government funding.In the first phase ...
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FeatureNew awards celebrate excellence and innovation in automotive supply chains
The Automotive Logistics Group, which publishes the highly respected Automotive Logistics magazine as well as organising a series of global logistics conferences, has today announced the launch of an exciting new awards scheme for the automotive supply chain management sector.The Automotive Logistics Awards – Europe 2018 will recognise and reward ...
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FeatureWWL reports positive third quarter thanks to ocean trade and cargo mix
Wallenius Wilhelmsen Logistics (WWL) has reported strong results for the third quarter this year thanks to what it called "continued positive development in ocean volumes and cargo mix" across global lanes, including shipments of mining equipment. The company also said that progress was being made in its organisational restructuring and ...
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FeaturePSA Group signs agreement to create manufacturing facilities in Algeria
PSA Group has signed an agreement in Algeria for a production joint venture in which it will invest €100m ($118m) and take a 49% interest.The agreement was signed as part of the France-Algeria joint economic committee (COMEFA), in the presence of Youcef Yousfi, Algerian minister of industry and mining, and ...
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FeatureVW to invest €560m in Argentina plant to serve South American markets
Volkswagen has announced plans to invest €560m ($660m) in its Pacheco plant in Argentina over the next five years, as it prepares it for 2020 production of a new SUV targeting the South American market.The new vehicle project will create 2,500 jobs at the plant, which was first opened in ...
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FeatureAgility flies Maserati Gran Turismos to Japan with AirBridgeCargo
Agility Logistics has chartered Russian air transport provider AirBridgeCargo to move 28 Maserati Gran Turismo cars from Italy for delivery to customers in Japan.The Maserati cars were loaded onto a Boeing 747 freighter at Malpensa airport in Milan and flown to Narita airport in Tokyo, with a stop en route ...
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FeatureMaurer moves to head role at PE Automotive
Commercial vehicle spare parts maker PE Automotive has appointed Ralf Maurer (pictured) as its managing director and chairman. He will take up the role at the beginning of March next year and moves from the management board of vehicle spare parts supplier, Europart, where he is responsible for inventory management, ...
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FeatureAPL Logistics Vascor expands rake capacity to encourage take-up of rail
APL Logistics Vascor Automotive, the automotive logistics joint venture, will add more finished vehicle carrying rail rakes to its operating fleet next year, bringing the total in use to 15 from just 3 at the start.The move was revealed by Vascor CEO, Bill Garrett (pictured, sitting right), speaking at the ...
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FeatureNeovia to manage Schaeffler’s aftermarket kitting facility in Germany
Automotive component supplier Schaeffler is investing €180m ($212m) in a 40,000 sq.m assembly and packaging centre in Halle, Germany, to support its aftermarket spare parts business.Once operational in 2019, it will be managed by third-party logistics provider, Neovia Logistics. Neovia will pick, pack and dispatch 40,000 different parts and components ...