All News articles – Page 62
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News
Caxxor looks for investment for rail link between Mexico and Canada
Infrastructure investment conglomerate, Caxxor Group, is proposing to build a rail route linking the Mexican east coast port of Mazatlán with the Canadian city of Winnipeg. The $3.3 billion (€2.7 billion) project, which will draw investment from the governments of Mexico, the US and Canada, as well as the private sector, will link strategic points across all three countries. Caxxor is targeting the movement of container freight, finished vehicles, bulk commodities and petroleum products.
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GM plans to be globally carbon neutral in 20 years
General Motors has said it plans to be carbon neutral across its global operations and products by 2040. It has signed the Business Ambition Pledge for 1.5°C, a global initiative driven by UN agencies, business and industry leaders that provides companies with science-based targets to reduce emissions in line with the Paris Agreement on climate change
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Feature
A fitful start to the year for automotive supply in North America
The repercussions of Covid-19 continue to disrupt the automotive supply chain in North America, not least in the disruption caused to inbound container freight and the serious shortage in the supply of semiconductors. Marcus Williams reports
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Chris Styles to lead supply chain operations for Nissan North America
Chris Styles will take up a new role as vice-president of supply chain management at Nissan North America, replacing Mike Steck, who is retiring at the end of March this year.
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LEVC opens parts distribution centre in Germany with TVS
The London Electric Vehicle Company (LEVC) has opened a parts distribution centre in Eisenach, Germany as part of a new five-year deal with TVS Supply Chain Solutions (SCS) to operate a parts distribution network in Europe.
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Feature
Second-hand cars, first-rate opportunities
The used car sector is hot, with high demand from consumers and rising prices. However, as the supply of used cars is ultimately limited by the number of new cars entering the market and consumers trading in their old cars, actual volumes have not been significantly higher this year. What has changed, on both sides of the Atlantic, is where that volume is going.
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Hellmann appoints Hüwel to CEO North America and Eberle to CFO
Organisational changes at Hellmann Worldwide Logistics mean Peter Hüwel has become the new regional CEO for North America, replacing Steen Christensen, while Martin Eberle will take over as chief financial officer (CFO) this coming spring, replacing Michael Noth.
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VW reported to be seeking compensation from suppliers
Volkswagen is reported to be in discussion with two of its top suppliers over possible compensation for losses caused to its output in Germany.
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Stellantis announces top logistics and supply chain roles
Following the completion of the merger of Fiat Chrysler Automobiles (FCA) and Groupe PSA into the newly formed Stellantis earlier this month, the company has appointed its top executive team, with Michelle Wen taking the lead role for purchasing and supply chain.
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VW ends Golf production in Mexico in favour of Taos SUV
Volkswagen has ended production of the Golf hatchback at its Puebla plant in Mexico. The performance versions of the new Golf will be imported from Germany while American production shifts to SUVs.
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Honda to import Cruise Origin AV to Japan this year
Honda will be importing test versions of the Cruise autonomous, electric vehicle from the US to Japan this year for use in its Mobility-as-a-Service (MaaS) business there. Meanwhile, Cruise and its owner GM have signed a deal with Microsoft to further commercialise autonomous vehicles through the computing giant’s Azure application.
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Ineos finalises supply for Hambach takeover
Ineos Automotive has officially taken over operations of the Daimler plant in Hambach, France, after completing the purchase of the facility in December last year. It will start building the firm’s Grenadier off-roader in 2021, as well as continue to build the Smart EQ Fortwo until the end of its model cycle.
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Semiconductor shortage will hit auto industry well into 2021
An ongoing shortage in semiconductor supply is disrupting production of parts and vehicles around the world. The supply bottleneck, which is caused by a combination of factors, including the impact of Covid-19 on production in the first half of 2020 and on manufacturing investment, is affecting a number of major carmakers and their suppliers.
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Brexit means business as usual, but with more work for Volvo and Gefco
At last week’s Livestream Hour from Ultima Media, panellists from Volvo Cars and Gefco discussed how their daily business had changed with nearly two weeks of Brexit under their belts. Volvo had yet to experience severe disruption but both companies are seeing an increased workload to comply with the eleventh-hour regulations
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Building more resilient supply chains with technology integration from the top
The Covid-19 pandemic has made it clearer than ever that better visibility of the supply chain is needed, even if its sheer complexity doesn’t make that easy. Artificial intelligence (AI) and machine learning (ML) technology may help, but a clear workflow process, and a talented and inspired workforce, are essential to make the technology effective.
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VW Group reports success of Asia-Pacific PDC in Malaysia
Volkswagen Group’s 50,000 sq.m regional parts distribution centre (PDC) in the Malaysian port of Tanjung Pelepas is processing aftersales parts for 21 markets in the wider Asia-Pacific region.
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Watch: Beyond Brexit – Navigating global trade and customs (EP.5)
Watch this Livestream Hour episode to get the inside track on coping with Brexit and optimising global trade processes, with exclusive insight from customs experts at Volvo Cars and GEFCO
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Bridgestone opens $48m distribution centre in eastern Canada
Tyre maker Bridgestone has opened a distribution warehouse in Ancaster, Ontario, which it said it will better serve the market in eastern Canada. The facility, which represents an investment of CAN$65m ($48m), has a storage capacity of 570,000 tyres and will reduce transport costs and shorten delivery times, according to the Bridgestone.
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Ford cuts its losses in Brazil with closure of all production in 2021
Ford will shut all three of its production facilities in Brazil this year and import vehicles from other markets in South America, including neighbouring Argentina and Uruguay, to meet demand in the country.
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BMW’s purchasing strategy gets more sustainable for EVs
BMW Group is more closely aligning its purchasing activity with goals for greater sustainability as it plans for greater vehicle electrification.