News – Page 339
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North American carriers face capacity crunch
North American finished vehicle carriers are facing capacity constraints and financing problems that are set to worsen if the number of vehicles moved per year rises above the current forecasts. Light vehicle sales for many carmakers are currently around 30% higher this year compared to 2009, and the US market ...
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India's infrastructure push will aid carmakers
The Indian government has announced it is setting up an INR 500 billion ($11 billion) debt fund to address the country’s poor transport infrastructure, including the building of ports, roads and bridges. The news will be welcome to carmakers and their logistics providers in the country, where poor infrastructure contributes ...
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GM Executives on the move
General Motor’s Johnny Saldhana (pictured) has been promoted to vice president, Global Purchasing & Supply Chain – GM International Operations (GMIO), from his position as vice president Global Purchasing & Supply Chain, for Latin America, Africa & Middle East region (LAAM). Saldhana will move to Shanghai, China in his ...
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Turkish exports drive logistics growth
Finished vehicle production in Turkey increased 59% in the first four months of 2010 compared with the same period last year, driven in part by export demand according to the country’s Automotive Industry Association. The improvement has led to a consequent increase in road haulage, port and shipping activity. Production ...
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Ryder wins Delphi award amid growing business strength
Delphi, the US-based tier one supplier, has given Ryder System a 2010 Above & Beyond Award for services in supply chain management and logistics. The award, established in 2007 and presented annually, recognises Delphi suppliers for special service events that went beyond contractual obligations during the 2009 calendar year. Ryder ...
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Transnet strike threatens South African carmakers
As the strike action affecting Transnet’s South African logistics network heads toward the end of its second week with no resolution in sight, there are increasing concerns amongst the country’s carmakers that production and logistics will be badly affected. The South African Transport and Allied Workers Union (Satawu) and the ...
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ECG looks for confidence in recovery
This year’s annual general assembly of the Association of European Vehicle Logistics (ECG), held last week in Ghent, Belgium, revealed a sector struggling for finance in the face of scepticism in the banking sector, with low rates and high costs still putting many members under pressure. It also revealed a ...
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Moving forward means slowing down – WWL
Moving vehicles by ocean is going to get very expensive very soon and fuel consumption will have to be significantly reduced to alleviate those costs and meet new stringent emissions regulations being brought in over the next five years. The industry could face longer transit times as a consequence but ...
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Renault to double parts sourcing from India
Renault is planning to more than double shipments of parts from India to its overseas factories, including those in Romania, Turkey and South Africa, with purchasing from the country expected to reach up to €250m ($320m) by 2013, compared with €75m this year. The plans were announced in the Indian ...
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Penske doubles profit despite smart decline
Penske Automotive Group has doubled its profits to $20.4m in the first quarter of 2010 compared to the same period last year, a result attributed to the company’s strong performance in the premium/luxury brand sector. But revenues in the distribution part of its business showed a drop from $80m to ...
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EC revises block exemption rule
On May 26, the European Commission is bringing in new competition rules for agreements between carmakers and their authorised dealers, repairers and spare parts distributors. The existing EU Motor Vehicle Block Exemption Regulation (MVBER), which dates from 2002 and covers agreements concerning the distribution and servicing of vehicles in the ...
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Toyota awards Berge for vehicle processing in Spain
Bergé Automotive Logistics has been recognised with a European supplier award from Toyota Motor Europe for its management of the carmaker’s vehicle logistics centre at the Port of Sagunto, near Valencia on Spain’s west coast.Bergé, which is a subsidiary of Grupo Bergé y Cia, has managed the centre since April ...
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GM will ship Camaro to Korea
General Motors is importing the Chevrolet Camaro from Canada to South Korea in 2011 through its subsidiary in the country, GM Daewoo Auto & Technology. GM Daewoo will initially launch the Chevrolet Camaro sports coupe in the country in 2.0-litre and 3.6-litre versions, said GM Daewoo CEO Mike Arcamone at ...
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Norfolk Southern raises auto volume in US
North American rail provider Norfolk Southern’s results for the first quarter of 2010 show a 14% increase in automotive volume due in part to new business in the northeast of the US. “Norfolk Southern opened two new destination auto facilities in New England located on the new joint venture, Pan ...
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Collaboration is the key to deliver cost savings
The automotive sector is close behind the consumer/retail sector when it comes to logistics collaboration as a strategy for delivering costs savings according to survey findings presented by research and analysis provider Transport Intelligence (Ti) at last week’s Multimodal 2010 event held in Birmingham, UK. And while respondents to the ...
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Spyker Cars imports luxury to China
Dutch sportscar maker Spyker Cars, which acquired Saab in February, has established a joint venture with China Automobile Trading Co. (CATC) for the import and distribution of its vehicles including luxury passenger cars and SUVs, as well as commercial vans, in China. At this stage Spyker would only say ...
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Logistics providers recognised at GM Brazil awards
Five logistics companies were recognised by GM do Brasil in its Supplier of the Year awards held last month in São Caetano do Sul under the theme 'sustainable growth through partnerships'. Ceva Logistics, Tegma Gestao Logistica, Brazul Transporte de Veículos, Cisa Trading and K Line RoRo & Bulk were all ...
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Executives on the move
Toyota Motor Sales USA has appointed Randy Pflughaupt, formerly group vice president for Toyota marketing, as group vice president, sales administration in a role that will involve Toyota Logistics Services. He will succeed Bill Fay who has moved from sales administration to a new position as group vice president. Nancy ...
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Fiat Chrysler plan turns the tide
The five-year plan unveiled last week by Fiat and Chrysler CEO Sergio Marchionne revealed his intentions for far greater cross-continental production and export exchanges than had previously been expected between the two carmakers, with implications that the Italian-American alliance could become a more active player in deep-sea vehicle shipping than ...
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Hyundai-Kia to use Philly port
In a shake-up of its US east coast vehicle import operations, Hyundai-Kia is switching its port of entry to Philadelphia, Pennsylvania. Glovis of America, the Korean carmaker’s logistics affiliate, together with the Philadelphia Regional Port Authority (PRPA) and Holt Logistics Group, announced the deal last week, saying the port will ...