All GM articles – Page 14
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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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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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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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Honda and Hitachi announce plans for electric motor joint venture
Honda has signed a memorandum of understanding with Hitachi Automotive Systems for the joint production of electric vehicle motors, just a week after announcing a hydrogen fuel cell partnership with General Motors (GM) in the US.Hitachi has been selling motors for electric vehicles since 1999 to a number of carmakers ...
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Mexico conference: Nafta concerns slow supply chain investment
Carmakers, tier suppliers and logistics providers are becoming increasingly cautious about investment in Mexico, downgrading some plans or holding back on decisions amid the uncertainty of Mexico’s future trade relations with the United States and potential changes to the North American Free Trade Agreement (Nafta).Mexico has been one of the ...
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GM job cuts loom in Canada as overlap of Equinox production ends
General Motors has issued a notice at its CAMI plant in Canada that could result in the laying off of about 600 employees, according to labour union Unifor.The union said it was informed of the decision by company management earlier this week.The CAMI assembly plant in Ontario has historically produced ...
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GM and Honda plan joint hydrogen fuel cell production by 2020
Global carmakers General Motors (GM) and Honda have taken their co-development agreement for fuel cell systems to another level, announcing an agreement targeting production by the start of the next decade.The two companies, which first signed a ‘master collaboration agreement’ in 2013, are to invest a total of $85m in ...
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New Russian import rules lead to cars being stopped at customs
Several car shipments have been blocked on their way into Russia by its Federal Customs Service because they are not equipped with the Era-Glonass accident emergency response system.According to Yuri Ladygin, head of the Customs Service’s Far East Department, amendments to Russia’s customs regulations require all cars imported into the ...
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PSA and CK Birla to start joint production operations in India
Carlos Tavares, chairman of the managing board of PSA Group (left), and CK Birla, chairman of the CK Birla GroupFrench carmaker PSA Group and India’s CK Birla group have revealed plans to invest an initial €100m ($107m) for the production of vehicles and powertrains in the state of Tamil ...
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Tesla to build Model 3 powertrains in Nevada
Electric car manufacturer Tesla plans to invest $350m in its ‘gigafactory’ in Nevada to allow it to manufacture the drive units for its newest product, the Model 3.In his annual ‘state of the state’ address last week, Nevada governor Brian Sandoval announced the planned investment and said it would lead ...
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Carmakers continue with investment plans for US plants
GM and Hyundai have both announced substantial investments in the US this week – but despite incoming US president Donald Trump using Twitter to shower himself with praise for these investments, their plans have been in place for some time, according to the OEMs themselves.Following Trump's criticism of GM’s production ...
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Carmakers to benefit from renovated Sagunto port rail line
Spain’s national ports authority, Puertos del Estado, has committed €40m ($42.6m) to upgrade the railway line linking Zaragoza, Teruel and the port of Sagunto on the Mediterranean coast. Of this, €13.6m is earmarked for sidings and €23m for the rail access into the port.The government said that it wanted to ...
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Cars in containers: Boxing above their weight
Suppliers of car container equipment are gaining ground by providing fast, flexible shipping options in specific global marketsIn this story... Racks and cassettes Electric cars light up the way Containing the situation in Asia Incorporating SKD kits Multimodal growth potential Shipping vehicles by container has long been an option for ...
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Self-driving vehicles will do more than just reinvent road transport
Autonomous vehicles will do much for road safety but their benefits will extend far beyond this, with particular gains for businesses managing fleets of mobile service engineers...Self-driving vehicles are becoming increasingly popular, with some 10m projected to be hitting the road by 2020, according to BI Intelligence. The most compelling ...
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Honda secures 4,000 jobs with new investment in Ontario facilities
Honda Canada has agreed to invest C$492m ($374m) in new facilities in Ontario, securing 4,000 direct jobs, according to the province’s government.Among the developments, the carmaker has agreed to build a new paint shop at its plant in Alliston that will reduce greenhouse gas emissions by 44%. It will also ...
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GM’s Holden says Australian plant will close down in October
General Motors Australia subsidiary Holden will produce more than 30,000 vehicles at its Elizabeth plant in South Australia before shutting the site down on October 20th.The brand, which already imports most of its models, will continue to ship cars in from Europe, North America and Asia after local production ceases.More ...
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Mercedes-Benz switches from one to three LSPs in Alabama
Mercedes Benz US International (MBUSI) recently announced three new logistics providers to support logistics operations at an on-site warehouse for its plant in Vance, Alabama.Two of the providers – Celadon and Penske Logistics – begin service operations officially on November 28th 2016; Schnellecke Logistics began operations officially January 1st 2017.German ...
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Electric vehicle firm Rivian buys former Mitsubishi plant in Illinois
Rivian Automotive, the US-based electric car hopeful, has agreed a deal to purchase Mitsubishi’s former manufacturing plant in Normal, Illinois.In July 2015, Mitsubishi confirmed it would end production of the Outlander model at the near 80,000 sq.m facility (pictured), its only plant in the US, switching production to Japan.Mitsubishi originally ...
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Latin America: The good, the bad & the uncertainty
Governments, carmakers, processors and carriers will all have their roles to play in establishing greater economic and logistical integration across Latin America, as Automotive Logistics finds out. In this story... Trade deal ups and downs Mexico sets gold standard Exports save Brazil Recovery in Argentina Return to peace in Colombia ...
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ETA accuracy: Going up in the customer’s estimation
Carmakers and logistics providers are now starting to bring ‘Uber-like’ tracking and delivery forecasts to the finished vehicle sector...In this story... VW's platform enhancements Visibility over exceptions Trying to stay invisible Tracking reverse logisticsScott Mabry may well smile when he reflects on the inspiration for enhancements to Volkswagen Group of ...