News

  • Localisation

    News » Ford EcoSport production starts in Romania 

    October 18th 2017 The first EcoSport compact SUV to be produced at Ford’s Craiova plant in Romania rolled off the line this week, following a €200m ($235m) investment. The company said the decision to build the model on the continent rather than continue to import it from its plant in Chennai, India, would help it “respond to rising customer […]
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  • Joint ventures

    News » Volvo to build plant in China as part of Polestar development plan

    October 18th 2017 Volvo Car Group and its parent, Geely, have formed a joint venture to invest 5 billion renminbi ($753m) into developing the Polestar electric vehicle brand, including the construction of a manufacturing plant in Chengdu, China. Earlier this year, Volvo said it would turn the performance mark Polestar into a new, separately branded, global high-performance electrified […]
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  • Rail freight

    News » Kuehne + Nagel expands Eurasia Express services with rail to Europe

    October 18th 2017 Kuehne + Nagel (KN) has expanded its Eurasia Express rail service to take shipments between China, South Korea and other Southeast Asian countries to Europe. It said its service from Changchun in northern China, which connects weekly to Hamburg in Germany, would be attractive to automotive customers, and that the wider expansion was being driven […]
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  • Aftermarket issues

    News » IAAF highlights competition concerns in the digital car era

    October 18th 2017 The UK automotive aftermarket is the fourth largest in Europe and generates revenue of £21.6 billion ($28.7 billion), contributing £12.5 billion to the UK economy, according to figures compiled by analyst Frost and Sullivan for the Independent Automotive Aftermarket Federation (IAAF). The non-franchise sector accounts for a 64% share of that market and that figure […]
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  • Industrial relations

    News » Equinox production resumes at GM Ingersoll site as strike ends

    October 18th 2017 Production of the Chevrolet Equinox at GM Canada’s CAMI site in Ingersoll recommenced late on Monday October 16th after a new labour agreement was reached with union Unifor, bringing a month-long strike by its members to an end. The strike, which began on September 17th, was called after the previous agreement between the union and […]
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  • People moves

    News » Wehner to replace Oevermann at Hellmann Automotive Logistics

    October 18th 2017 Martin Wehner (pictured, left) has been appointed as the new head of Hellmann Automotive Logistics following the retirement of Bernd Oevermann (right), a 30-year company veteran and founder of Hellmann Automotive Logistics. Wehner, who takes over on October 31st, has worked for Hellmann Worldwide Logistics for 15 years. He began his career in 2002 as […]
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  • Mergers and acquisitions

    News » Genuine Parts moves into European aftermarket with AAG buyout

    October 18th 2017 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 GroupAuto France, GroupAuto UK, […]
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  • Plant investment

    News » GM and its supplier network to invest $500m in Argentina site

    October 18th 2017 General Motors (GM) has announced a $500m investment at its Alvear plant (pictured) in Sante Fe, Argentina, to develop manufacturing facilities for a new Chevrolet-branded model. Of the total amount to be invested, $300m will come from GM itself and $200m from the company’s supplier network. The company previously spent $740m between 2014 and 2016 […]
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  • Government policy

    News » Russia to provide loans to foreign customers for export purchases

    October 18th 2017 Russia will allocate up to 30 billion roubles ($500m) in the form of soft loans during 2018 for foreign customers willing to purchase finished vehicles made in the country, according to industry and trade minister, Denis Manturov (pictured). The country’s Ministry of Industry and Trade is also planning to create a network of aftersales services […]
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  • Spare parts

    Home Page » Syncron forum discusses predictive analytics’ role in aftersales

    October 16th 2017 Revenues from original automotive product sales have been shrinking for some time as customers keep assets longer but companies are embracing the latest technology to maintain a good aftersales service for the long-term financial viability of their businesses. Attendees at last week’s Aftersales Excellence Forum in London, UK, hosted by cloud-based aftermarket services provider Syncron, learned […]
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