All News articles – Page 159
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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 ...
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FeatureCaterpillar plant closures prompt global changes in supply pattern
Construction and mining equipment maker Caterpillar is closing plants in the US and Europe with a combined loss of around 2,800 jobs, in reaction to a drop in demand in the construction, mining and energy industries.Products made at the plants, in Aurora, Illinois and Gosselies, Belgium, will be shifted to ...
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Logistics JV to connect Germany to Iran and Maghreb region
From left: Herbert Robel (director, Andreas Schmid Logistik), Tom Rosman (managing director, Militzer & Münch), Alfred Kolb (owner and chairman, Andreas Schmid Logistik), Dr Lothar Thoma (CEO, Militzer & Münch) and Gianluca Crestani (director, Andreas Schmid Logistik)Logistics providers Militzer & Münch and Andreas Schmid Logistik have formed a transport ...
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FeatureLogistics providers recognised in GM supplier awards
General Motors has once again recognised the services of its logistics providers at its annual Supplier of the Year awards, held in Orlando, Florida, on March 31st.Out of the 118 global tier suppliers from 15 countries that received awards for products and services in 2016, 11 were from the global ...
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FeatureWallenius Wilhelmsen Logistics begins trading on Oslo stock exchange
Wallenius Wilhelmsen Logistics ASA (WWL ASA) began trading on the Oslo stock exchange – the Oslo Børs – on Wednesday (April 5), following completion of the ownership merger announced in September last year.The company, which is worth 17.9 billion krone ($2 billion), said it was among the 10 largest listed ...
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FeatureSurvey highlights Silicon Valley risk to German logistics industry
Almost two-thirds of German logistics specialists and executives believe the industry is investing too little in research and development, with more than half fearing they could lose market share to competitors from Silicon Valley.That's the main finding of the 2017 Logistic Trend Index, compiled annually ahead of next month’s Transport ...
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FeatureOntario secures its place in Ford’s connected-car future
Ford has announced a C$500m ($373m) research and development (R&D) investment in Canada’s Ontario territory, including the development of a research and engineering centre in the capital of Ottawa.Ontario Premier Kathleen Wynne and Prime Minister Justin Trudeau (pictured here on the right), were both present at the official event announcing ...
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Durant appointed senior VP for aftersales at VW America
David Durant (pictured) has been appointed as senior vice-president for aftersales at Volkswagen America.He will report to Hinrich Woebcken, who was appointed head of the North America region in April last year.The 50-year old Durant will oversee all Volkswagen brand aftersales activities, which include developing and implementing strategies for the ...
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Anji and Ceva widen scope of renewed Chinese joint venture
Anji Automotive Logistics and Ceva Logistics have renewed a Chinese joint venture agreement dating back to 2002, while also expanding the JV’s business scope to include non-automotive contract logistics.The original deal was signed between Anji, China’s largest automotive logistics provider, and US-listed TNT Logistics, prior to its acquisition and rebranding ...
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Euro Marine Logistics launches Biscay ro-ro service
EML’s new Biscay route – click to enlargeShort-sea operator Euro Marine Logistics (EML) has begun operating a new ro-ro service between Spain, Belgium, France and the UK.The company, a joint venture between Mitsui OSK Lines and Höegh Autoliners, said in March that it would be deploying two medium-sized vessels, ...
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Lázaro Cárdenas handles consignment of over 550 BAIC vehicles
The Mexican Pacific Coast port of Lázaro Cárdenas took delivery of a major consignment of over 550 imported BAIC finished vehicles at the end of March.The port handled its first-ever shipment of vehicles on behalf of the Chinese state-owned enterprise in March last year, when it imported 163 D20s that ...
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Seat holds second logistics innovation event at Martorell factory
Spanish carmaker Seat held a two-day logistics innovation event last week at its Martorell factory in Spain at which ten suppliers presented the latest in robotic and drone technology for inventory management, handling and delivery to the assembly line.The event, held at the carmaker’s logistics innovation centre at the factory ...
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FeatureTradisa buys Mosolf Group out of Tramosa
Automotive logistics provider Tradisa has bought the other half of its jointly owned Tramosa business from the Mosolf Group for an undisclosed sum.The transaction comprised consolidating ownership of Tramosa France, based in Creutzwald, and Tramosa Logistik, based in Saarlouis, Germany.“The purpose of this transaction is to simplify the network of ...
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FeatureChanges at the top for Renault-Nissan Alliance supply chain
Frans Kroon (pictured) has been promoted to deputy alliance global director of strategy and planning for global alliance supply chain management at Renault Nissan, moving from his position as vice-president of Alliance Logistics Europe. Marc Dardanelli has succeeded Kroon in the logistics function.Kroon’s position is a renewed role across the ...