All News articles – Page 96
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Pricier, technology-laden new vehicles are driving consumers to buy used vehicles
OEMs’ own sales and technology strategies, combined with growing regulations, are leading more consumers to the second-hand vehicle market, a development that could reshape future automotive business models and distribution chains, according to a new report.
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Greater expectations: brighter days will return for the automotive industry
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
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Ceva expands in Vietnam with eye on automotive growth
Ceva Logistics has opened a new base in Ho Chi Minh City, southern Vietnam, doubling the size of its operation in the country. The facility is close to the two cargo terminals of the country’s busiest airport, Tan Son Nhat International, and a short drive from Cat ...
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OEMs and suppliers should be ready for impact of Sulphur 2020 says ETC
The International Maritime Organization’s (IMO) regulations regarding ocean-going vessels’ sulphur emissions comes into effect from January next year. Under the ruling, vessels will no longer be allowed to use bunker fuel that has a high sulphur content. Emissions must be reduced from the current 3.5% global limit ...
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Re-tooling of manufacturing plants and supply chain for EVs pose investment risk for OEMs
Tooling and conversion of automotive plants are significant costs for OEMs as they invest in electrification, which some may struggle to afford, according to a new report by Automotive from Ultima Media.
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6 questions in 60 seconds… with Dennis Manns
Dennis Manns, industry consultant and senior automotive advisor North Motors LLC, talks to Victoria Johns about washing cars, American Honda and why you always need a plan B
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Electrification poses cost and technology risk for automotive supply chain
The high R&D, production and supply chain costs of electric vehicles could mean that OEMs will be selling most at a loss for years to come, according to a report by Automotive from Ultma Media.
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VW AutoEuropa back on track to Setúbal
Volkswagen Autoeuropa has reintroduced a rail connection to the port of Setúbal. The daily service will transport 250 finished vehicles, resulting in a decrease in carbon emissions of 400 tonnes annually, according to a company statement. The company claims that by using rail, carbon emissions will ...
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Honda adapts transport processes in North America as supply chain costs rise
Honda of America Manufacturing has 12 US production centres With 20 manufacturing centres across North America, 12 of them in the US, and 607 US-based suppliers, Honda has a highly complex supply chain in the region. Moreover, the volume of parts being transported to its assembly plants ...
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US automotive market to struggle against backdrop of global challenges
Vehicle sales in the US are predicted to slow down from next year, and with a possible recession on the way carmakers and their suppliers could face a difficult few years, delegates heard at last week’s 20th Automotive Logistics Global Detroit conference.
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DHL Supply Chain appoints automotive lead in Thailand
Toshihiro Koyama, senior director automotive, DHL Thailand Toshihiro Koyama (pictured) has taken the role of senior director, automotive for DHL Supply Chain Thailand. He began the job at the beginning of September and is overseeing the expansion of DHL Supply Chain’s automotive business in Thailand, with a ...
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News
BMW charges up battery output in Thailand with Dräxlmaier
German electronics company Dräxlmaier has launched a high-voltage battery production plant at Chonburi, Thailand, in partnership with BMW. The batteries are transported to the carmaker’s assembly lines at the Amata City industrial estate, in the manufacturing hub of Rayong, where they are fitted into the entire range ...
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Grimaldi adds PCTC to North America service
Grande Mirafiori Italian shipping line Grimaldi has taken delivery of the pure car and truck carrier (PCTC) Grande Mirafiori – named after a Fiat car plant – at the Yangfan shipyard in Zhoushan, eastern China. With a service speed of 19 knots, length of 199.90 meters, beam ...
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Industry waits for USMCA to be finalised
In North America a lot of investment is on hold as companies wait to see whether the US-Mexico-Canada trade agreement (USMCA) is finally approved by Congress in October. Conflicting ideologies in the US and Mexico are causing some concern about whether that will actually happen, as delegates ...
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Mercedes-Benz sources carbon-neutral battery cells
Markus Schäfer, member of the board of management Daimler AG, responsible for corporate research & Mercedes-Benz Cars development (left) with Dr. Yu Wang, founder and CEO Farasis Energy (Ganzhou) Co., Ltd Mercedes-Benz has signed up to having all battery cells manufactured via electricity produced from renewable sources. ...
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Emissions regulations pose existential risk for OEMs
Escalating fines over CO2 and fuel standards, especially in Europe and China, are set to have significant impacts across the supply chain and OEM investment plans, according to a new report by Automotive from Ultima Media.
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News
Schaeffler to boost autonomous driving in China
Matthias Zink (third from left), CEO Automotive OEM at Schaeffler AG and Hu Zhongxiong, mayor of Changsha (second from right) with German chancellor Dr. Angela Merkel and Chinese premier Li Keqiang. (Image: German Federal Government/Steffen Kugler) Automotive parts and technology supplier Schaeffler has signed an investment agreement ...
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Turkish automotive exports to Russia on the rise
MIMS AutoMechanika Turkey is set to increase automotive exports to Russia over the next several years under the upcoming trade liberalisation arrangement between the two countries. Speaking during the recent MIMS Automechanika Moscow Fair, Orhan Sabuncu, vice-chairman of the Uludağ Automotive Industry Exporters Association (OİB), said Turkey ...
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Trade wars compound economic risks for automotive supply chain
The impact on tariffs and especially of uncertainty in key trading regions including the US, China and Europe are having real impacts on the automotive supply chain, according to a new report by Automotive from Ultima Media’s new business intelligence unit.