News – Page 163

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    ThyssenKrupp adds to parts production in China and Hungary

    2017-02-08T10:34:15Z

    German tier supplier ThyssenKrupp has announced plans to build two new plants in China and Hungary to manufacture more than 11m springs and stabilisers a year.In China, the group will begin construction this year of a factory in Pinghu, near Shanghai, with output starting in 2018. The site will produce ...

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    Jaguar Land Rover falls prey to engine theft at UK plant

    2017-02-08T09:54:04Z

    Jaguar Land Rover (JLR) has had two semi-trailers loaded with engines stolen from its manufacturing plant in Solihull, UK.“We can confirm that we are working closely with West Midlands police to investigate the theft of engines from the Solihull manufacturing plant,” said a company spokesperson.A statement from the West Midlands ...

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    Honda and Hitachi announce plans for electric motor joint venture

    2017-02-07T16:59:35Z

    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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    PSA Group to start assembling cars in Kenya again

    2017-02-07T16:00:11Z

    The signing ceremony took place at the Kenyan State House, the president's official residence in NairobiFrench carmaker PSA Group is to begin producing Peugeot vehicles in Kenya from June this year. The news marks a return to the East African country for the company, which last assembled Peugeot cars ...

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    Toyota and Suzuki firm up partnership talk

    2017-02-07T15:35:19Z

    Toyota president Akio Toyoda (left) and Suzuki chairman Osamu Suzuki at the October 2016 announcementToyota and Suzuki have signed a memorandum of understanding to explore potential cooperation in various business areas including the supply of products and components.In October last year, the two Japanese companies first announced an intention ...

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    Mexico conference report: Seeking to build bridges, not walls

    2017-02-07T14:25:00Z

    Mexico’s automotive industry is inextricably linked with its neighbours to the north but under its new president the US is talking about renegotiating NAFTA and applying border taxes to imports. At this year’s Automotive Logistics Mexico conference, held in Mexico City, industry and government heads looked for positive signs ...

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    Mexico conference: Nafta concerns slow supply chain investment

    2017-02-06T12:53:32Z

    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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    Mexico conference: government urges ‘tranquillity’ in Nafta debate

    2017-02-03T22:40:07Z

    The Mexican government has confirmed that it will seek to maintain the current advantages of the North America Free Trade Agreement (Nafta), including tariff-free trade of automotive parts and vehicles, in upcoming negotiations with the governments of the US and Canada. It will also seek to further reduce regulatory barriers ...

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    Recticel ‘working with OEMs’ after fire shuts down Czech plant

    2017-02-03T17:12:06Z

    Interior parts manufacturer Recticel Group has said it is cooperating with carmakers after a recent fire and subsequent shutdown at its plant in Most, in the Czech Republic.The Belgian company declared force majeure at the plant on January 22nd after a serious fire broke out in one of the production ...

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    Mexico conference: Trump’s taxes and tariffs ‘a negotiating ploy’

    2017-02-01T17:16:52Z

    The past week has seen tensions escalate between the US and Mexico over trade terms, with a number of tariff and tax proposals suggested by the administration of Donald Trump that would have significant impacts on the automotive supply chain, both in North America and globally.However, while the administration rolled ...

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    Yusen Logistics buys Transfreight Europe

    2017-02-01T16:31:48Z

    Third party logistics provider Yusen Logistics has acquired Mitsui & Co subsidiary Transfreight Automotive Logistics Europe for an undisclosed sum.A Yusen statement said both companies offered expertise in cross-docking, transport and manufacturing plant logistical support and operations, but with complementary regional scope.Ian Veitch, chief regional officer of Yusen Logistics Europe, ...

  • Anna Cecilia Malmström European Commissioner for Trade_opt
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    EU and Mexico to accelerate trade talks

    2017-02-01T15:57:12Z

    The European Union and Mexico have announced an intention to accelerate trade talks and are planning two additional rounds of discussion on a “reformed free trade agreement” before the northern hemisphere summer.In a joint statement on the move, EU commissioner for trade, Cecilia Malmström (pictured), and Mexico’s minister of the ...

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    Shawn Crouch heads general operations for Evolution Time Critical

    2017-02-01T14:59:00Z

    Emergency and time-sensitive logistics specialist Evolution Time Critical has announced the appointment of Shawn Crouch (pictured) to the newly created position of general operations manager. Crouch, who took up the role at the beginning of the year, is an automotive logistics expert with over 17 years’ supply chain and operational ...

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    GM job cuts loom in Canada as overlap of Equinox production ends

    2017-02-01T11:24:57Z

    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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    P3 predicts a buoyant 2017 after surge in developments last year

    2017-02-01T10:51:27Z

    Pan-European logistics property developer P3 has reported a surge in new property developments last year, leaving it with a portfolio of 165 buildings across nine countries totalling 3.5m sq.m.During 2016, the firm completed 15 new warehouses totalling 320,000 sq.m – nearly three times the amount of the previous year. It ...

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    Scania welcomes plans to promote electrified road technology

    2017-02-01T10:04:44Z

    Truckmaker Scania has welcomed plans by Sweden and Germany to speed up the development of electrified road technology.The plans are part of a new innovation partnership between the two countries launched on Tuesday (January 31st) during a visit to Sweden by German Chancellor Angela Merkel. The partnership aims to strengthen ...

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    Finished vehicles boost trade through Copenhagen Malmö Port

    2017-02-01T08:31:27Z

    Nordic port and terminal operator Copenhagen Malmö Port (CMP) has revealed growth of over 12% in the number of finished vehicles it handled last year.“We’re seeing a clear upturn in volumes in several business segments, which is of course pleasing,” said CEO Johan Röstin. “The strongest segment has been new ...

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    Patimban port set to boost Indonesian finished vehicle exports

    2017-01-31T17:39:34Z

    The Indonesian government is hoping that a new deep sea port at Patimban, in West Java, will absorb part of the finished vehicle traffic that the existing facility at Tanjung Priok, the country’s largest port (pictured), is struggling to cope with.Thomas Lembong, chairman of the Investment Coordinating Board (BKPM), said: ...

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    GM and Honda plan joint hydrogen fuel cell production by 2020

    2017-01-31T17:11:20Z

    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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    Bronczek takes over at FedEx; Cunningham to lead FedEx Express

    2017-01-31T12:01:07Z

    David Bronczek (pictured) is to take over as president and chief operating officer (COO) of FedEx tomorrow (February 1st). He moves from his role as president and CEO of the FedEx Express division, a position he has held for 17 years, and will now be responsible for all of FedEx's ...