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News – Page 156
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FeatureRenault steps up exports of vehicles and components from Russia
Renault is looking to conduct its first exports of Russian-made vehicles to six Gulf countries this year, Andrey Pankov, director general of Renault Russia, has revealed.Speaking at a press conference in early April, Pankov said the company was continuously seeking to develop exports of both finished vehicles and components to ...
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FeatureMcLaren 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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FeatureBorgward 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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FeatureIn-house competence propels Volvo and Continental’s logistics
The inbound supply chain in China continues to develop at a fast pace, and getting to grips with the complexity around supply locations, regulations and production shifts is a significant task. For some manufacturers, including Volvo Cars and tier one supplier Continental, increasing in-house management resources and tools have been ...
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FeatureChina conference: Brilliant strategy positions BMW JV for change
BMW’s joint venture in China with Brilliance Auto, BMW Brilliance, has said it does not expect to feel any impact from the ongoing changes to maximum car carrier dimensions in the country – even though it has seen a huge increase in vehicle production and sales volumes.That is because the ...
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FeatureTurkey’s auto sector grows in the midst of political turmoil
Representatives of Turkey’s automotive industry and the government’s investment support agency met in London, UK, last month to discuss the challenges the country faces in getting back on track toward production and export growth, following a politically turbulent two years. Despite the disruption, it seems the Turkish automotive sector is ...
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FeatureChina conference: Looking ahead to a more multimodal future
According to industry forecasts from China’s State Information Centre, the country can expect vehicles sales to hit 40m by 2025.However, the 28m vehicles that were moved between the factory and the dealer last year – a 14.5% increase on the previous year – and the parts being moved into the ...
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FeatureBNSF 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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FeatureBLG 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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FeatureFurther 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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FeatureANT Lojistik invests in fleet to support Mercedes contract in Turkey
The Turkish division of German carmaker Mercedes-Benz – Mercedes-Benz Türk – has signed a deal with domestic finished vehicle logistics provider ANT Lojistik for the delivery of cars to dealerships across the country.Under the contract, which will run for a five and a half years, ANT will be the sole ...
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FeatureDaimler, 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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FeatureProTrans adopts JDA Software tool to optimise transport capacity
North American transport and supply chain management provider, ProTrans, has started using a transport optimisation tool from JDA Software to maximise capacity utilisation and delivery speed for its automotive customers.According to the company, the JDA Transportation Modeler is designed to provide real-time data on ProTrans’ delivery network and give visibility ...
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FeatureHungary 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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FeatureToyota 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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FeatureBuchhauser 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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FeatureGestamp 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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FeatureBell 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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FeatureGroupe PSA to consider restarting Opel assembly in Russia
Groupe PSA CEO Carlos Tavares has suggested the firm’s acquisition of GM’s European division could bring about a return of the Opel brand to the Russian market.The French carmaker announced the $2.3 billion deal to acquire GM’s European division, which includes Opel and Vauxhall, last month.GM pulled assembly out of ...
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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 ...