All News articles – Page 163
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FeaturePSA touts European scale and supply chain synergy in Opel/Vauxhall acquisition
PSA Group and General Motors (GM) have come to an agreement over the sale of the latter's European business, specifically the Opel and Vauxhall brands, with the total price coming in at €2.2 billion ($2.33 billion), including a €900m deal for the financing division. The deal, which is expected to ...
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FeatureNew wave of protectionism threatens the automotive sector
India, Japan, the US and the UK are among those that seem to be adopting more protectionist measures in their international relations, and even the EU appears to be getting in on the act now… all of which seems likely to have some serious implications for international vehicle and parts ...
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FeatureTesla says Model 3 production remains on schedule
Tesla, which is about to shift into a mass production phase, has told investors it is on track to begin delivering its Model 3 electric vehicle (pictured) from July this year.The new car will see the company shift from being an 84,000 car per year producer to one manufacturing over ...
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FeatureNissan outlines UK supply chain and Brexit concerns
In a wide-ranging discussion with UK lawmakers, Nissan Europe’s head of supply chain spoke of the company’s preferred outcomes post-Brexit, as well as warning of the need to increase domestic supplyColin Lawther, Nissan’s senior vice-president for manufacturing, supply chain management and purchasing in Europe warned UK lawmakers in London this ...
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FeatureUECC links Scandinavia to north coast of Spain; deploys LNG vessels on Baltic service
Short-sea maritime services operator, UECC, has launched a new Atlantic service linking Scandinavia with the north of Spain.The company said the new service provides a route from Vigo in Spain to Drammen in Norway and Wallhamm in Sweden. The company will deploy three vessels on the route over two loops.“UECC ...
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FeatureWTO's trade facilitation agreement comes into force
A World Trade Organization (WTO) agreement supporting simpler and clearer procedures when it comes to imports and exports of goods came into force this week after the requisite amount of member countries agreed to implement it.Spread out over 12 articles, the Trade Facilitation Agreement (TFA) prescribes many measures to improve ...
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FeatureIsuzu buys a controlling stake in GM’s East Africa business
Japan’s Isuzu Motors has announced the acquisition of a 57.7% interest in General Motors’ (GM’s) East Africa business saying it made the investment to expand commercial vehicle production and sales in the region.The unit, established in 1975, had already been assembling and selling Isuzu-badged light and mid-duty trucks and buses, ...
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FeatureVW dealing with Passat glovebox problem following Czech fire
Following a recent fire that shut down one of the Czech Republic plants owned by interior materials supplier Recticel, Volkswagen has been forced to store Passat cars made at its Emden plant until enough replacement glove compartment covers can be delivered. However, while the cost to Recticel’s business currently stands ...
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FeatureBLG ViDi Logistics responds to demand in Ukraine
BLG Logistics’ subsidiary in Ukraine – BLG ViDi Logistics – has bought seven more car carriers to handle an increase in imports of finished vehicles to the country from Europe. The purchase also renews existing equipment that was bought between 2008 and 2010.The company has bought trucks from Scania that ...
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FeatureARC carrier forced back to Southampton port by fire
Ocean finished vehicle transporter, American Roll-on Roll-off Carrier (ARC), is waiting to assess damage to its vessel M/V Honor following a fire that broke out in its cargo decks early last Friday (February 24th).The ship had just left the UK’s port of Southampton when a fire was discovered in the ...
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FeatureSanden Manufacturing Poland centralises logistics in Polkowice
The Polish division of Japanese automotive parts maker, Sanden Corporation, has leased a 6,500 sq.m warehouse next to its production facility in Polkowice for the handling of air conditioning compressor units.The warehouse was officially opened last week and Sanden Manufacturing Poland has leased it from property developer Panattoni Europe for ...
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Tarragona port’s five-year high means more room for Bergé
Last year the Spanish port of Tarragona increased vehicle handling by almost 40% on 2015, thanks in part to an increase in volumes on the connecting rail network. It has now granted the vehicle terminal operator Bergé y Cia an additional 135,000 sq.m for vehicle handling activity at the port ...
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FeatureMahindra & Mahindra plans assembly in Sri Lanka
Indian vehicle maker Mahindra & Mahindra has announced plans to build an assembly plant in Sri Lanka.“We have many assembly plants in Africa and other regions and since business is going well we are looking at an assembly facility in Sri Lanka soon,” said Sanjay Jadhav, the company’s vice president ...
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FeatureGestamp to build parts stamping plant closer to customers in Japan
Spanish automotive parts maker Gestamp is investing an initial €37m ($39m) to build its first plant in Japan for the supply of hot stamped parts to the domestic market.Hot stamping is a method of forming ultra high strength steel into complex shapes using heated blanks resulting in lighter components. L ...
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FeatureGhosn relinquishes Nissan CEO role, replaced by Saikawa
After 16 years as CEO of Nissan, Carlos Ghosn will be replaced by Hiroto Saikawa (pictured) on April 1st this year.Ghosn will remain as chair of the Nissan board, and continue as CEO and chairman of Renault Group, as well as the Alliance entity, which includes the two companies and ...
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FeaturePSA talks with labour and governments over Opel deal
Senior management officials within PSA Group have made a number of commitments regarding jobs and plants in meetings with Opel stakeholders this week in Germany and the UK – promises that could impact the future shape of a combined PSA-Opel supply chain across Europe.Last week, PSA Group confirmed it might ...
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FeatureDaimler to start production at first Russian plant in 2019
Having received preliminary approval for its first Russian production facility last year, Daimler has confirmed an investment of more than €250m ($263m) to begin manufacturing Mercedes-Benz cars in the country from 2019.Located at the Esipovo Industrial Park, about 40km northwest of Moscow, the flexible production facility will be capable of ...
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FeatureMajor brands reveal plans for electric truck trials
MAN Truck & Bus and Mercedes-Benz Trucks have announced plans to allow customers to trial their respective electric trucks in real world situations, starting this year.MAN Truck & Bus, which is owned by Volkswagen Group, and an Austrian consortium, the Council for Sustainable Logistics (CNL), have reached agreement on the ...
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FeatureLocal assembly for new PSA SUVs in Vietnam
French carmaker PSA Group has signed a contract with Vietnam’s Truong Hai Auto Corp (Thaco) for the local assembly and marketing of two new Peugeot SUV models from imported complete knockdown (CKD) kits starting in October this year.In total 27,000 cars will be produced in Thaco’s plant in Chulai in ...
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BIFA appoints executive directors
The British International Freight Association (BIFA) has approved the promotion of Robert Windsor (first left) and Spencer Stevenson to executive director positions.The association’s director general, Robert Keen said: “These are well deserved promotions. Both have been with the Secretariat for quite a while and have excelled in their fields of ...