All News articles – Page 31
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US DoE announces $2.5 billion loan to accelerate Ultium Cells plants
GM’s battery joint venture with LG Energy Solution – Ultium Cells – is getting a production boost from a $2.5 billion loan from the US Department of Energy
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Mitsubishi hits export milestone in Thailand
Mitsubishi Motors (Thailand) has exported its 5 millionth vehicle from Thailand and is the biggest vehicle exporter based in the country
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Vincent Clerc replaces Søren Skou as CEO of Maersk
Maersk’s CEO, Søren Skou is retiring after a 40-year career with the logistics provider and will be replaced in January by Vincent Clerc, currently head of the Ocean & Logistics division
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Ulrike Hetzel appointed president of Bosch Digital
Parts supplier Bosch is setting up a new digital services division – Bosch Digital – which will be headed by Ulrike Hatzel from January next year
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Gefco purchase contributes to quarterly gains for CMA CGM
The global container logistics provider says the buyout of Gefco contributed $750m to its logistics revenue for Q3. Logistics revenue totalled $4.34 billion in the third quarter of the year
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Europe needs to take charge of its battery supply chain
There needs to be a concerted effort to build more gigafactories in Europe and secure the lithium battery supply chain for the future of regional EV production, according to speakers at this autumn’s Future Mobility roundtable hosted by Kuehne + Nagel
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BMW begins SKD exports to Vietnam for local assembly
BMW has signed a deal with its import partner in Vietnam – Truong Hai Auto – to build vehicle kits imported to the country from its global production network
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ECG develops FVL Cost Index with PwC
The Association of European Vehicle Logistics (ECG) is working with consultants PwC on a freight cost index for vehicle logistics services on road, rail and sea, as well as inland and port compounds
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Recovery and discovery: five lessons from ALSC Mexico 2022
The Automotive Logistics and Supply Chain Mexico conference returned to Mexico City in November and automotive experts were keen to highlight the new normal of resilience, innovation and opportunity across North America
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Gestamp ups sustainability effort with stake in Gescrap
Tier one supplier Gestamp is building a stronger circular economy by taking a 33.3% stake Gescrap, one of Europe’s leading scrap recovery and waste management providers to the automotive industry
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Renault plugs car making into the industrial metaverse
At its recent Tech Industry Day in Flins, France, Renault revealed the savings it was making by digitalising production and logistics processes
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VW and PowerCo build on battery plans in Canada
Volkswagen and its PowerCo battery division are building on plans to establish a battery supply chain out of Canada and developing an existing agreement with Umicore
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Kyoo Bok Lee takes over as head of Hyundai Glovis
Hyundai Glovis has appointed Kyoo Bok Lee as its new president and CEO, replacing Jung-Hoon Kim. Lee moves from Hyundai Motor Group where he was senior vice-president
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The fast track to problem-solving at FVL North America
Experts in finished vehicle logistics are meeting in California next May to share ideas on managing capacity constraints, labour shortages and the transition to EV logistics
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Stellantis still looking for outbound transport capacity in France
Peugeot-brand vehicles are building up at the Stellantis plant in Sochaux, France because a Europe-wide shortage in finished vehicle transport capacity
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BMW invests in local EV battery pack assembly for Hungary plant
The carmaker is increasing investment at its new plant in Debrecen, Hungary to include onsite assembly of batteries with the aim of reducing logistics costs and supply chain complexity
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Jaguar Land Rover adjusts assembly mix to manage chip shortage
Jaguar Land Rover is focusing production of more popular models that it can complete as a strategy to deal with the ongoing semiconductor shortage
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Neil Marsons leaves purchasing role at Jaguar Land Rover
Jaguar Land Rover’s director of global purchasing, Neil Marsons, is leaving the carmaker for a new role in procurement at JCB
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Mercedes-Benz Trucks takes emissions out of deliveries in Germany
Mercedes-Benz Trucks is aiming to convert all inbound truck deliveries to its Wörth assembly plant to electric vehicles by the end of 2026, including its own fleet and those of its freight forwarders
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Vinfast begins global EV exports supported by Inform
Logistics software specialist Inform is providing transport and yard management software to Vietnamese EV maker Vinfast as it begins global exports