All France articles – Page 5
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Mercedes-Benz to build compact EV in France
Germany’s Mercedes-Benz Cars has chosen the Hambach factory in France as its base for assembly of a compact electric car under its EQ brand, part of a wider expansion of the company’s electric vehicle (EV) manufacturing capabilities.Preparations for the new model will start shortly, with around €500m ($585m) being spent ...
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Gefco: Full of get up and go
French transport and logistics provider Gefco started 2018 with an announcement in Paris that it was looking to cooperate more closely with its partners and customers. At the same time, the company said it was looking for international growth and new business as it continued to move beyond the traditional ...
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Caracatzanis replacing Maure as CEO of Avtovaz
Nicolas Maure is moving out of his role as CEO at Russian carmaker Avtovaz to take up a new position at the beginning of June as Renault Group senior vice-president alongside his role as chairman of the Eurasia region at the carmaker. Yves Caracatzanis will become the new CEO of ...
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Mercedes-Benz: Taking an end-to-end approach
It may have taken Mercedes-Benz around 120 years to reach 1m cars per year, breaching the mark around the turn of the 21stcentury. However, the recent surge in growth of the brand has seen it rise by around 1m units in sales and production in just five years, with passenger ...
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PSA Group to sell remaining stake in Gefco
French carmaker PSA Group, which owns Peugeot, Citroën and Opel/Vauxhall, has said it will sell its remaining 25% stake in Gefco, its former logistics subsidiary.The carmaker said in a statement that “Gefco’s operational performance and the diversification of its client portfolio no longer [make] it necessary for [PSA Group] to ...
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PSA to move engine production closer to assembly plants
French carmaker PSA Group is to reorganise operations across Europe to boost regional competitiveness by improving the performance of its powertrain plants. Some production will be transferred from Asia in line with company plans to make components as close as possible to its car plants, thus cutting supply times and ...
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Gefco reveals latest developments in regional strategy
Gefco has revealed a number of recent business developments at a meeting held in Paris this week to launch its new corporate direction, brand identity and the further development of its commercial activity. They include the purchase of rail and compound assets in Russia to support exports to neighbouring countries; ...
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Groupe Cat appoints two new directors
Jean-Michel Floret has been made director of the vehicle logistics division at French finished vehicle logistics provider, Groupe Cat.His promotion to the executive committee follows the Paris-based company’s acquisition last year of STVA, the finished vehicle transport arm of French state-owned rail operator SNCF.Floret began his career at SNCF and ...
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Horizon and Höegh announce new services
Horizon Auto Logistics (HAL), a division of Horizon Terminal Services set up last year in Mexico, has started full scale end-to-end operations this month out of its facility in Veracruz. The company is providing port operations, including stevedoring and the handling of all cars and services inside the port, as ...
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Twists and turns in the road ahead
The European new vehicle market has showed strength in recent years, following a long decline after the global financial and subsequent Eurozone crises; sales have mostly recovered to pre-crisis levels and continued to rise in most major EU markets throughout 2017, with the exception of the UK.The outlook for the ...
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Expedite Plus sets up first office in EU
Time-critical logistics provider Expedite Plus has opened its first office in the EU in Strasbourg, France.The Canadian company has been expanding its global presence over the last few years. Alongside its base in Milton, Canada, and the new office in Strasbourg, it now has offices in Hong Kong, China, and ...
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PSA joins forces with Nidec for electric motor production in France
French carmaker Groupe PSA and Japan’s Nidec Corporation have agreed to form a joint venture and invest €220m in ($261m) in electric motor production in France for domestic and global distribution.Nidec makes electric motors through its subsidiary, Nidec Leroy-Somer Holding.In a joint statement, the companies said they would design, manufacture ...
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Gefco handles first dedicated block train of auto parts from China to France
Gefco has handled its first dedicated block train of containerised automotive parts between China and France. The transport and logistics provider coordinated the 11,000km journey of 40ft containers along the Silk Road trade corridor, negotiating with railway partners in different countries and deploying forwarding teams in Shanghai, Moscow and Paris. ...
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Groupe Cat confirms buyout of rival STVA
Finished vehicle logistics provider Groupe Cat has confirmed it will buy rival company STVA from French state-owned rail operator SNCF.The confirmation follows reports in May this year that Groupe Cat was in exclusive negotiations to take over the company, which generated a turnover of over €320m ($370m) last year.Neither company ...
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Genuine Parts moves into European aftermarket with AAG buyout
North American aftermarket parts distributor Genuine Parts Company is moving into the European region with the buyout of Alliance Automotive Group (AAG) for $2 billion.AAG supplies the aftermarket network in France, Germany and the UK and is the second largest parts distributor in Europe with 1,800 outlets. Its brands include ...
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Gefco considers a spending spree in Russia
Transport and logistics company Gefco plans to spend up to €400m ($478m) on mergers and acquisitions over the next few years, including a possible €20-30m earmarked for Russia, according to CEO, Luc Nadal, in an interview with the Russian media outlet Vedomosti.Nadal revealed that the company, which is majority owned ...
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JLR and Mercedes plan for electric motor options in all model lines
Jaguar Land Rover (JLR) and Daimler’s Mercedes-Benz have announced that in coming years each will offer electrified versions of each model in their respective ranges.The news follows that of rival carmaker, Volvo, which in July said every new car it launches from 2019 onwards would have an electric motor.It also ...
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Stronger than ever
ECG president Wolfgang Göbel sees plenty of things to celebrate this year – even if political turmoil and gridlock are getting in the wayLast issue, I wrote that 2017 was on track to be ECG’s busiest year yet. In this edition I am happy to say that continues to be ...
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PSA uses helicopters to circumnavigate blockade
Groupe PSA was forced to use helicopters to transport parts to its car plants in France last week, after workers from financially troubled parts supplier GM&S, which is in receivership, travelled 200km from their base in La Souterraine to block access to PSA’s parts factory in Sept-Fons.A spokesman for the ...
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Renault-Nissan Alliance reports €5 billion gain in operational synergies
The Renault-Nissan Alliance has reported that its business convergence plan, which began in 2009, brought it €5 billion ($5.7 billion) in annualised synergies last year, up on the €4.3 billion recorded in 2015.Alliance companies continue to deepen ties across engineering, manufacturing and supply chain management, purchasing and human resources. Renault ...