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All News articles – Page 147
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FeatureKuehne + Nagel expands Eurasia Express services with rail to Europe
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 ...
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FeatureIAAF highlights competition concerns in the digital car era
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 in association with the Society of Motor Manufacturers and Traders (SMMT). The non-franchise sector accounts for ...
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FeatureEquinox production resumes at GM Ingersoll site as strike ends
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 ...
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FeatureWehner to replace Oevermann at Hellmann Automotive Logistics
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 ...
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FeatureGenuine Parts moves into European aftermarket with AAG buyout
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 ...
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FeatureGM and its supplier network to invest $500m in Argentina site
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 ...
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FeatureRussia to provide loans to foreign customers for export purchases
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 ...
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FeatureSyncron forum discusses predictive analytics' role in aftersales
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 ...
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FeatureK-Line and Agunsa launch KAR Logistics to target rising vehicle imports
Chilean multinational logistics agency Agunsa has teamed up with Japanese shipping firm K-Line to form a dedicated automotive logistics company, KAR Logistics.The new company, which will operate in Latin America, has been created to help meet rising automotive import traffic in the region, especially in Chile.In a press statement, Agunsa ...
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FeatureAV Dawson to expand steel handling facility in Teeside
AV Dawson is expanding its automotive steel handling facility in the north-east of England as it nears capacity. The facility serves the flow of coil steel from Tata Steel’s facility in South Wales to automotive customers in the region, including Nissan Motor UK’s plant near Sunderland. The steel is delivered ...
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FeatureDenso to invest another $1 billion in Tennessee
Component and parts manufacturer, Denso has announced plans to invest $1 billion its Maryville, Tennessee facility to expand its US footprint and allow for the supply of vehicle safety and electrification systems."This is an investment in the future of Denso, and also the future of transportation. We are seeing dramatic ...
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FeatureKBRW providing aftermarket OMS support for PSA Group across Europe
French carmaker PSA Group has chosen an order management system (OMS) provided by supply chain management expert KBRW to support aftermarket deliveries of out-of-stock parts to its Distrigo distribution hubs in Europe.Distrigo is PSA’s service parts brand, which was launched in Europe last year and the carmaker expects to have ...
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FeatureHonda UK increases output thanks to Daifuku process improvements
Materials handling company Daifuku says it has helped Honda achieve a 30% increase in output at its Swindon plant in the UK through enhancements to the existing logistics processes at the facility.Completed during a series of shutdown periods over the past six months, Daifuku was tasked with increasing daily production ...
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FeatureKuehne + Nagel running PDC for Federal-Mogul in Hungary
Kuehne + Nagel has signed a contract to run a newly built automotive service parts distribution facility near Budapest, Hungary for Federal-Mogul’s aftermarket division, Federal-Mogul Motorparts.The parts distribution facility (PDC), which is located in Páty, will supply service outlets in southern, eastern and central Europe in conjunction with Federal-Mogul’s distribution ...
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FeatureFTA issues trade checklist in response to government statements on independence
In response to the UK government’s latest statements on trading and customs post-Brexit, the Freight Transport Association (FTA) has issued a list of conditions it says are needed to secure continued trade in the UK. James Hookham, the FTA’s deputy chief executiveEarlier this week the government issued a white paper ...
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FeatureTesla delays truck launch to focus on fixing Model 3 bottlenecks
Tesla has delayed the unveiling event for its electric truck by about three weeks as management diverts resources to address bottlenecks in the manufacturing of its Model 3 vehicle, as well as to increase battery production for storm hit Puerto Rico.This is according to a Tweet last Friday, by the ...
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FeatureToyota shuts South African plant after ‘significant damage’ from flooding
Toyota was forced to shut its manufacturing plant near Durban in South Africa this week after a massive storm hit the region resulting in ‘unprecedented flooding’.In a statement on Tuesday, following the storm, Andrew Kirby, president and CEO of Toyota South Africa Motors, confirmed that there was “significant damage” to ...
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FeatureP3 to build facility in Italy for Lamborghini and Ducati parts
Logistics property developer, P3 Logistic Parks, has won a tender to build a 30,000 sq.m warehouse near Bologna in Italy for Lamborghini and Ducati.The logistics facility will be the central European storage and distribution hub for the sports car and motorcycle companies’ respective genuine parts.The facility is P3’s first build-to-suit ...
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FeatureGefco opens sequencing warehouse in Liverpool with a view to the future
Transport and logistics provider Gefco has opened a £10m ($13.2m) warehouse and sequencing centre in Speke near Liverpool, in the UK which is currently supplying components to Jaguar Land Rover’s plant in nearby Halewood. At an event held to mark the opening last week Gefco executives talked about the latest ...
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FeatureAMP Capital buys ITS ConGlobal from Carlyle Group
AMP Capital, an Australian investment firm with over $137 billion in funds under management, has completed its largest ever North American deal, buying logistics company ITS ConGlobal (ITSC) from the Carlyle Group for an undisclosed sum.A Reuters report suggested the deal was worth more than $500m, citing unnamed sources.The company ...