All articles by Gareth Tredway – Page 12
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Dormant General Motors plant seized by Venezuelan government
General Motors has reported the unexpected seizure of its plant and certain assets in Venezuela by the country’s government.“[General Motors’ Venezolana] plant was unexpectedly taken by the public authorities, preventing normal operations. In addition, other assets of the company, such as vehicles, have been illegally taken from its facilities,” said ...
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Cloud-based system helps Suzuki GB move to real-time ETAs
Sovereign Business Integration Group has signed a five-year deal with Suzuki in the UK to provide the company with its EML cloud-based logistics management system.The UK-based company’s EML system covers the end-to-end logistics chain and is specifically designed for finished vehicle logistics.As a result, Suzuki dealers in the UK will ...
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Report suggests US is reviewing its trade deal with South Korea
US vice-president Mike Pence (pictured) has indicated during his visit to South Korea that the trade deal between the two countries is under review and could be reformed, according to a Reuters report.The deal, which came into effect in 2012, has had a positive impact on US vehicle exports to ...
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Audi’s first quarter sales in China drop 22% after dealer dispute
Audi’s dealer dispute in China seems to have affected the company’s first quarter sales figures, which were released this week and showed a 22.1% year-on-year drop in its biggest market during the first three months of 2017.The company’s dealers in the country have expressed opposition to the OEM’s plans to ...
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Cordero leaves FMC to lead the Port of Long Beach
Mario Cordero (pictured, right) has been appointed as executive director of the Port of Long Beach in California, the second busiest container port in the US.He is leaving his role as a Federal Maritime Commission member having served as chairman for almost six years until January, when US president Donald ...
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Groupe CAT takes full ownership of Carlson Vehicle Transfer
Groupe CAT has announced the latest acquisition in its consolidation spree, buying the 50% in UK firm Carlson Vehicle Transfer (CVT) that it did not already own for an undisclosed sum.The stake was acquired from founder Carl Richardson, who will still provide support to the company, according to a CAT ...
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DHL Supply Chain to handle in-plant logistics for JLR in Brazil
DHL Supply Chain has been awarded the contract to manage in-plant logistics at Jaguar Land Rover’s (JLR’s) new manufacturing plant in Itatiaia, Brazil (pictured).JLR opened its 750m reais ($215m) manufacturing facility last June. It is the first wholly-owned manufacturing plant the carmaker has set up outside of the UK (its ...
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McLaren Automotive appoints Ludmann as new COO
Jens Ludmann (pictured) has been named as McLaren Automotive’s first chief operating officer since Mike Flewitt, the supercar maker’s current CEO, was promoted from the position almost three years ago.Ludmann was most recently executive vice-president at FEV, the powertrain and vehicle engineering company, where he was responsible for the company’s ...
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Borgward edges closer to Bremen return with assembly site deal
Andreas Heyer (left), chairman of Bremen Invest, and Ulrich Walker, CEO of Borgward GroupGerman car brand Borgward and Bremen Invest have signed a deal over the purchase of a future assembly site in the German city.The memorandum of understanding covers a 140,000 sq.m piece of land in the Cargo ...
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BNSF receives President’s Award for third consecutive year
North America railway operator BNSF has received the Toyota Logistics Services President’s Award for the third year running. The award is the "highest supplier honour given to service partners who demonstrate combined excellence in quality, customer service and on-time performance,” said BNSF in a statement.The company has also received the ...
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BLG Logistics reports €1 billion in sales for 2016
German logistics provider BLG Logistics has reported sales of €1.05 billion ($1.11 billion) for 2016, with its automobile division achieving a 2.6% increase in revenues to €473.7m.The division’s earnings before interest and tax (Ebit) did, however, show a year-on-year decline of 18.4% to €15.1m. The firm said this was caused ...
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Further signs of nascent recovery in Russian car market
After the first month of year-on-year growth in two years last November, Russian car sales recorded a positive first quarter in 2017 – a further sign that the market may have turned a corner.According to the Association of European Businesses (AEB), sales in March grew by 9.4% from a year ...
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Daimler, VW and BLG Logistics recognised in ‘elogistics’ awards
German automotive industry body AKJ Automotive has recognised Daimler and Volkswagen in its annual elogistics awards for digital-based initiatives.In addition, BLG Logistics has been given AKJ’s Tool Award for its work on the use of drones in the logistics space.AKJ Automotive is made up of a group of industry experts ...
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Hungary and Slovakia to produce Audi’s new Q models
Audi has launched two new cars in its Q range of utility vehicles which it will build at its facilities in Hungary and Slovakia.The Q4, a compact utility vehicle, will be built at the company’s Győr facility in Hungary from 2019. Last year, the carmaker indicated production of the existing ...
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Toyota invests record amount to ready Kentucky plant for new architecture
Carmaker Toyota has announced plans to invest $1.33 billion at its largest plant, Toyota Motor Manufacturing Kentucky (TMMK) in the US, as it prepares for a New Global Architecture (TNGA) production platform.By 2020, the majority of the company’s global models will be built using the platform and upgrades are planned ...
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Buchhauser joins Volvo Cars as head of procurement
Martina Buchhauser (pictured) has joined Volvo Cars as senior vice president of procurement.She joins the Geely-owned carmaker from BMW where, from 2012 until her departure, she was in charge of quality and supply for all interior components at the carmaker’s vehicle manufacturing plants around the globe.Håkan Samuelsson, president and chief ...
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Gestamp shares start trading in Spain
Automotive components manufacturer Gestamp has officially started trading on the Madrid Stock Exchange, with CEO Francisco Riberas ringing the opening bell on Friday (April 7th).The company, which has its headquarters in Spain, conducted a book building exercise, which captures and records investor demand, ahead of the listing and achieved a ...
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Bell rings for Schneider National after successful New York IPO
Having successfully raised $550m in an initial public offering (IPO), shares in the North American third-party logistics provider, Schneider National, have now started trading on the New York Stock Exchange (NYSE).The Wisconsin-headquartered company, family-owned since it was founded by Al Schneider in 1935, was also given the opportunity to ring ...
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Sharp decline in South African car exports to rest of Africa
Exports from South Africa to the rest of Africa continued their downward trend in 2016, almost halving in number, according to the latest quarterly update from the National Association of Automobile Manufacturers of South Africa (Naamsa).Back in 2014, other African countries were together the second largest export destination behind Europe ...
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Logistics JV to connect Germany to Iran and Maghreb region
From left: Herbert Robel (director, Andreas Schmid Logistik), Tom Rosman (managing director, Militzer & Münch), Alfred Kolb (owner and chairman, Andreas Schmid Logistik), Dr Lothar Thoma (CEO, Militzer & Münch) and Gianluca Crestani (director, Andreas Schmid Logistik)Logistics providers Militzer & Münch and Andreas Schmid Logistik have formed a transport ...