All articles by Gareth Tredway – Page 15
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PSA touts European scale and supply chain synergy in Opel/Vauxhall acquisition
PSA Group and General Motors (GM) have come to an agreement over the sale of the latter's European business, specifically the Opel and Vauxhall brands, with the total price coming in at €2.2 billion ($2.33 billion), including a €900m deal for the financing division. The deal, which is expected to ...
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Tesla says Model 3 production remains on schedule
Tesla, which is about to shift into a mass production phase, has told investors it is on track to begin delivering its Model 3 electric vehicle (pictured) from July this year.The new car will see the company shift from being an 84,000 car per year producer to one manufacturing over ...
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Nissan outlines UK supply chain and Brexit concerns
In a wide-ranging discussion with UK lawmakers, Nissan Europe’s head of supply chain spoke of the company’s preferred outcomes post-Brexit, as well as warning of the need to increase domestic supplyColin Lawther, Nissan’s senior vice-president for manufacturing, supply chain management and purchasing in Europe warned UK lawmakers in London this ...
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UECC links Scandinavia to north coast of Spain; deploys LNG vessels on Baltic service
Short-sea maritime services operator, UECC, has launched a new Atlantic service linking Scandinavia with the north of Spain.The company said the new service provides a route from Vigo in Spain to Drammen in Norway and Wallhamm in Sweden. The company will deploy three vessels on the route over two loops.“UECC ...
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WTO's trade facilitation agreement comes into force
A World Trade Organization (WTO) agreement supporting simpler and clearer procedures when it comes to imports and exports of goods came into force this week after the requisite amount of member countries agreed to implement it.Spread out over 12 articles, the Trade Facilitation Agreement (TFA) prescribes many measures to improve ...
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Isuzu buys a controlling stake in GM’s East Africa business
Japan’s Isuzu Motors has announced the acquisition of a 57.7% interest in General Motors’ (GM’s) East Africa business saying it made the investment to expand commercial vehicle production and sales in the region.The unit, established in 1975, had already been assembling and selling Isuzu-badged light and mid-duty trucks and buses, ...
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VW dealing with Passat glovebox problem following Czech fire
Following a recent fire that shut down one of the Czech Republic plants owned by interior materials supplier Recticel, Volkswagen has been forced to store Passat cars made at its Emden plant until enough replacement glove compartment covers can be delivered. However, while the cost to Recticel’s business currently stands ...
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Ghosn relinquishes Nissan CEO role, replaced by Saikawa
After 16 years as CEO of Nissan, Carlos Ghosn will be replaced by Hiroto Saikawa (pictured) on April 1st this year.Ghosn will remain as chair of the Nissan board, and continue as CEO and chairman of Renault Group, as well as the Alliance entity, which includes the two companies and ...
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PSA talks with labour and governments over Opel deal
Senior management officials within PSA Group have made a number of commitments regarding jobs and plants in meetings with Opel stakeholders this week in Germany and the UK – promises that could impact the future shape of a combined PSA-Opel supply chain across Europe.Last week, PSA Group confirmed it might ...
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Daimler to start production at first Russian plant in 2019
Having received preliminary approval for its first Russian production facility last year, Daimler has confirmed an investment of more than €250m ($263m) to begin manufacturing Mercedes-Benz cars in the country from 2019.Located at the Esipovo Industrial Park, about 40km northwest of Moscow, the flexible production facility will be capable of ...
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Major brands reveal plans for electric truck trials
MAN Truck & Bus and Mercedes-Benz Trucks have announced plans to allow customers to trial their respective electric trucks in real world situations, starting this year.MAN Truck & Bus, which is owned by Volkswagen Group, and an Austrian consortium, the Council for Sustainable Logistics (CNL), have reached agreement on the ...
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Local assembly for new PSA SUVs in Vietnam
French carmaker PSA Group has signed a contract with Vietnam’s Truong Hai Auto Corp (Thaco) for the local assembly and marketing of two new Peugeot SUV models from imported complete knockdown (CKD) kits starting in October this year.In total 27,000 cars will be produced in Thaco’s plant in Chulai in ...
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BIFA appoints executive directors
The British International Freight Association (BIFA) has approved the promotion of Robert Windsor (first left) and Spencer Stevenson to executive director positions.The association’s director general, Robert Keen said: “These are well deserved promotions. Both have been with the Secretariat for quite a while and have excelled in their fields of ...
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DFDS takes delivery of Gardenia Seaways ro-ro vessel
European short-sea operator DFDS has taken delivery of the first of two ro-ro vessels from German shipbuilder, Flensburger Schiffbau-Gesellschaft.The new ship (pictured) was officially named Gardenia Seaways in a ceremony on February 17th. The second will be handed over in Flensburg, Germany in September.Each is 210m long and has capacity ...
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Audi’s driverless transport system recognised with industry award
The German Association of the Automotive Industry (VDA) has awarded Audi with the annual Logistics Award for 2017. The award was made in recognition of the German carmaker’s driverless vehicle transport system. More specifically a parking robot, nicknamed ‘Ray’, is able to sort up to 2,000 finished ...
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Omnitracs to offer Peloton’s platooning solution to customers
Fleet management solutions provider Omnitracs has formed a partnership with Peloton Technology allowing the former to offer the latter’s truck platooning solution to its customers.This year, Peloton will begin filling pre-orders of its platooning product for Class 8 trucks. The Silicon Valley-based company’s investors include Volvo Group, UPS, Intel Capital ...
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PSA group details €200m plan to modernise Sochaux
French carmaker PSA Group plans to modernise its Sochaux plant in the east of the country as part of a €200m ($213m) investment by 2022 that will include the installation of the first press line in France in two decades.A dedicated team has been on site for three years to ...
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Flash Europe acquires EF-Express group
Premium freight provider Flash Europe International has acquired German based EF-Express group for an undisclosed sum.Flash says the deal, the first since investor Eurazeo PME completed the purchase of a 43% share in Flash Europe International in September 2015, is a step towards the goal of at least doubling the ...
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PSA may buy Opel to become Europe’s second largest carmaker
French carmaker PSA Group has confirmed it may acquire General Motor’s European business, which includes the Opel and Vauxhall brands. The move could lead to further logistics synergies between the carmakers and logistics provider, Gefco.The deal may be the car industry’s biggest since the Fiat-Chrysler merger was completed post the ...
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McLaren to insource carbon fibre chassis production by 2020
McLaren Automotive has announced the first details of its Composite Technology Centre, a £50m ($62.5m) investment in Sheffield, England, that will allow it to produce its own carbon fibre chassis by 2020.The centre will be responsible for the development and manufacturing of the Monocell and Monocage carbon fibre chassis in ...