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All News articles – Page 120
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FeatureFCA to sell Magneti Marelli to CK Holdings
Fiat Chrysler Automobiles (FCA) is selling its Italian-based automotive components business Magneti Marelli to CK Holdings, parent company of Japanese components supplier Calsonic Kansei, in a deal worth around $7 billion.With combined revenues of €15.2 billion ($17.6 billion), the newly combined Magneti Marelli and Calsonic Kansei will be the world’s ...
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FeatureMaersk invests in freight-booking startup Loadsmart
Digital freight broker, Loadsmart, has received funding worth a total of $21.6m from the venture investment arm of container shipping giant, AP Møller-Maersk, and two other leading investment firms.Maersk Growth, along with Connor Capital and Chromo Invest, are investing to increase Loadsmart’s operations team and support product development and engineering. ...
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FeatureFord highlights the high cost of US-made steel
Ford has highlighted the high cost of US-made steel, in the aftermath of the 25% import duties on the metal imposed by President Donald Trump.Speaking about the cost of key input materials at a recent event to mark the start of Ranger pick-up production at the Wayne assembly plant in ...
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FeatureApollo's Rivallant named European president
Apollo Tyres has promoted Benoit Rivallant to be president of its European operations.Rivallant has been with the tyre manufacturer since 2014, during which time, successfully introduced commercial vehicle tyres into Europe as group head, global product management for commercial vehicle tyres, the Indian company says.“It is our corporate philosophy to ...
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FeatureOpel tasks Gefco with further cost reduction
Opel/Vauxhall has renewed its fourth-party logistics (4PL) contract with Gefco for a further four years, starting in January, tasking it with finding further cost reduction measures and intensifying its optimisation and network engineering activities.Gefco’s 4PL Solutions division provides services for Opel/Vauxhall across Europe and Turkey, including the management of 220 ...
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FeatureGielen to become CEO at Schoeller Allibert
Copyright: Debby Termonia Former entrepreneur Ludo Gielen is to become the new CEO of Schoeller Allibert on 1 November, 14 years after selling them his company. Gielen joined the Dutch returnable transit packaging company when it bought BiPP Plastic Pallets from him in 2004. “Over the years ...
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FeatureŠkoda deploys autonomous robots at Kvasiny
Škoda Auto is deploying autonomous robots at its small parts warehouse at Kvasiny in the Czech Republic to work alongside its employees and make parts sorting and delivery more efficient. The use of the robots is part of the carmaker’s efforts to digitalise production processes under its 2025 Strategy, which ...
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FeatureACEA and CLEPA highlight dangers of ‘no-deal’ Brexit
Europe’s OEMs and tier suppliers have issued a stark warning at the Brexit summit in Brussels this week about the potentially far-reaching impacts of the UK leaving Europe without a deal in place.Drawing attention to the fact that more than 1,000 EU trucks cross the Channel to deliver to car ...
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FeatureHitting the gas
Environmental regulations covering the shipping industry are set to tighten across a range of parameters, from the sulphur content in fuel to CO2 emissions. In response, some shipping operators have begun to explore the use of liquefied natural gas (LNG) in place of traditional marine fuel oil. Offering a reduction ...
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FeatureSpanish stevedoring reform runs into trouble
Reform of Spain’s port stevedoring sector has run into trouble, after disputes over the changes at the port of Barcelona and continuing question-marks over its legality at EU level.In an attempt to satisfy EU directives, Spain’s former stevedoring companies (known as Sageps) are being replaced by so-called Port Employment Centres ...
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FeatureA race against time for the UK car sector
It is still very uncertain what the UK’s exit from the European Union is going to look like at the end of March 2019 but it is going to have a big impact on the automotive industry whatever it looks like. At this year’s Automotive Logistics UK summit, major carmakers ...
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FeatureGefco invests in Corby expansion
Gefco’s UK division has invested in two additional paint booths at its 17-hectare vehicle processing centre in Corby, East Midlands to increase its refurbishment capacity for new and used vehicles. The company is also hiring 20 additional technical and mechanical staff.“The investment in our Corby site has been driven by ...
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FeatureCeva rejects DSV bid and lifts CMA CGM share limit
Ceva Logistics has rejected a takeover bid from Danish rival DSV and lifted a shareholding limit applying to CMA CGM, allowing the French-owned global container logistics giant to potentially increase its share capital in the company.DSV made an offer to buy Ceva for CHF27.75 ($28) per share earlier this month ...
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FeatureSauzedde takes over as MD of Ceva’s CEE cluster
Guillaume Sauzedde (pictured) has taken over from Piotr Zborowski as MD of Ceva Logistics’ business in Central and Eastern Europe (CEE). He moves from his role as MD for Kuehne + Nagel’s division in Poland, and will take up the new position on November 5.Sauzedde brings more than 20 years’ ...
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FeatureDeficit in Brazil’s automotive parts sector worsens
Brazil’s automotive parts industry posted a trade deficit of $4.48 billion over the first eight months of this year – a 22.4% increase compared to the deficit over the same period last year.Figures released by the National Association of Brazilian Auto Parts Manufacturers (Sindipeças) show exports of auto parts to ...
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FeatureBrazilian auto association adjusts forecast
Brazil’s National Association of Automotive Vehicle Manufacturers (Anfavea), has adjusted predictions for how the year will end for the finished vehicle sector in the country – upwards for domestic registrations and production, downwards for exports.In updated forecasts, Anfavea projected a 13.7% rise to 2.54m units in vehicles licensed, up from ...
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FeatureWLTP causes sharp shift in German car sales
New passenger car registrations in Germany fell 31% year-on-year to an estimated 200,100 in September. In August, the figure was a 25% increase to 316,400.German automotive industry association, the VDA, said the volatility was because of distortions caused by the new Worldwide Light-Duty Vehicles Test Procedure (WLTP), which is intended ...
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FeatureCar prices jump in Russia as fiscal pressure mounts
The cost of most new cars in Russia rose sharply in September in response to a mix of factors including the recent devaluation of the Russian rouble, the introduction of higher duties on imported components and an upcoming increase in taxation.Research conducted by the Russian Gazette, the official publication of ...
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FeatureChina's BYD invests in US bus plant
Chinese electric vehicle manufacturer BYD has invested $5m in a 9,300 sq.m warehouse to free up space at its electric bus plant in Lancaster, California.The new building currently stores around 15,000 different parts and will further streamline the handling of materials and supplies into the 41,800 sq.m manufacturing plant, the ...
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FeatureShowing robots the ropes
Volkswagen’s Transparent Factory in the eastern German city of Dresden is arguably one of the more unusual automotive manufacturing sites in the world. Named due to its highly glazed exterior, it is not only the production location for the company’s e-Golf but also home to a number of other related ...