All articles by Marcus Williams – Page 140
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FeatureChrysler slows the Viper
Chrysler has announced that it will shut its Detroit assembly plant for the SRT Viper sports car for two months from April 14 in an effort to bring inventory in line with demand for the car.Sales of the Viper have been below initial expectations since the new model was introduced ...
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FeatureToyota increases exports from Indonesia to Middle East
Toyota’s production subsidiary in Indonesia – PT. Toyota Motor Manufacturing Indonesia (TMMIN) – has officially launched the beginning of exports of the Vios sedan from its facility in Karawang to a number of Middle East markets, as well as Singapore. A ceremony was held this week to mark the occasion ...
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FeatureGeely secures funding to double exports
Chinese carmaker Geely has secured a $3.24 billion credit facility from the Export-Import Bank of China, which it intends to use mainly to double export sales to 40% over the next five years.As well as investment in new plants and dealers overseas the funds will be used to build up ...
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FeatureSuzuki boosts Thai exports to Europe with production shift
Suzuki will be expanding exports from it Rayong plant in Thailand this year following the production launch of its latest global compact passenger car, called the Celerio. The carmaker is shifting production for the latest model from its Maruti Suzuki subsidiary plant in Manesar, India.The Rayong plant opened in March ...
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FeatureHyundai Glovis to open facility for China exports
Automotive logistics provider Hyundai Glovis will open a parts export facility in South Korea in the first half of this year that will move truck and bus parts to Hyundai’s joint venture assembly plant with Sichuan Nanjun Automobile Group in Zinyang City, China.The joint venture in China, Sichuan Hyundai, began ...
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FeatureLSPs recognised at Irish Logistics and Transport Awards
DHL Global Forwarding, DB Schenker and National Vehicle Distribution were among the winners at this year’s Irish Logistics and Transport Awards, held in Dublin on March 20th.The Awards involved 100 entries from companies with logistics and transport activity in Ireland competing across 18 award categories.DHL Global Forwarding took the award ...
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FeatureDaimler Truck exports to Africa on the increase
Daimler has doubled sales of the Fuso truck in Africa during the first two months of the year, based on finished vehicle exports from Japan and India.The company reported sales of 1,000 Fuso trucks during January and February and said that to maximise further growth potential it would be combining ...
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FeatureAPL Logistics Vascor orders three rakes for Indian FV service
Third party logistics joint venture, APL Logistics Vascor Automotive, has placed orders with Indian freight car maker Texmaco Rail and Engineering for three rail rakes, with the first delivery expected in three months.Each rake comprises 27 wagons and is capable of carrying 300 vehicles. The company will use the trains ...
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FeatureHöegh vessel returns to service after search for missing airliner
Ocean transport provider Höegh Autoliners has returned its car carrier vessel St Petersburg on its normal commercial route after a week spent assisting in the search for the Malaysian Airlines 370 passenger plane that went missing on 8 March this year.The vessel was on its way from South Africa to ...
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FeatureLohr restructures Delavan business in North America
Car carrier equipment maker Lohr Automotive is restructuring its business in North America. Operating through the Delavan brand, which it purchased in 1998, the company is terminating its 50:50 joint venture with Miller Industries, which it set up two years ago, and concentrating its main assembly activity for the region ...
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FeatureWage dispute means lockout at Toyota Kirloskar
Production at two plants operated by Toyota’s joint venture business in India – Toyota Kirloskar Motor – has been brought to a standstill following a dispute over wages that has resulted in a lockout at both facilities. The plants, located in Bidadi, just outside Bangalore in the south of the ...
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FeatureExcess inventory costing Europe millions
Customer service failures affecting the availability of vehicles at dealerships, in part to do with poor management of inventory and dealer swaps, are costing the European automotive industry millions of euros. The situation is complicated by OEM zero stock objectives, which are designed to squeeze inventory out of the manufacturing ...
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FeatureWho is going to pay the piper for car trailers?
The US car carrier business is busier than ever with high demand for capacity at short notice. Technology might have the answers but who will pay for it is another question.As the demand for capacity in the US car hauling business grows, transport providers are faced with a number of ...
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FeatureLohr and CTM announce venture for convertible trailers
French vehicle trailer manufacturer, Lohr Industries, has signed a partnership agreement with Convertible Trailer Manufacturers Worldwide (CTM WW) to produce trailer equipment that will be able to handle both finished vehicles and a range of other general cross-industry freight, including containerised parts. CTM WW’s vehicle transporter designs mean trailers can ...
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FeatureBetween light and darkness in IT visibility
Carmakers were accused of a lack of discipline in their supply of information to the logistics providers at last week’s Automotive Logistics Europe conference in Bonn, Germany. Supply chain visibility is a constant issue for the logistic industry and its efforts to hone the delivery of materials. However according to ...
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FeatureVW reveals efforts to cut emissions in logistics
A big part of Volkswagen’s ambitious target to reduce emissions by 25% across its business by 2018 will come from its logistics strategy, the carmaker’s head of outbound logistics has revealed. But VW does not anticipate moving volumes from ocean to road when sulphur emissions restrictions come in for much ...
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FeatureECG survey reveals positive trends for vehicle carrier sector
The Association of European Vehicle Logistics (ECG) reports positive trends amongst its members, following the results of its latest quarterly Confidence and Cost Trend Survey. While the full details of the report are reserved for ECG members, the association said the results show that almost 70% of its members plan ...
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FeatureIndian auto sector to benefit from IBM network tool
The technology and consulting multinational IBM is deploying a B2B cloud-based network tool in the Indian automotive sector, that it said will help transform the industry by accelerating the movement of data amongst manufacturers, and reduce transaction costs by up to 80%. Called AutoDX, the exchange tool was developed in ...
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FeatureStobart floats transport and distribution business
UK freight transport provider Stobart Group is divesting 51% of its core transport and distribution business for almost £240m ($401m) to a group led by the group’s current chief operating officer (COO) William Stobart and backed by asset management firm DBAY. Stobart Group will retain the remaining 49% share. The ...
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FeatureJaguar Land Rover signs first contract with NYK for US exports
NYK Group’s European division has secured a contract with Jaguar Land Rover (JLR) to transport vehicles from the port of Southampton in the UK to the US West Coast port of Hueneme. It is the first time JLR have used NYK for ocean services. Shipments began earlier this year in ...