All Policy and regulation articles – Page 25
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Russian exports rise but subsidies in doubt
Russia exported vehicles and parts worth $3.38 billion last year, an 11% increase compared with 2017, according to new research from the Russian analytical agency Auto News.Information from Russia’s Industry and Trade Ministry indicates that the majority of export sales remain within the Commonwealth of Independent States (CIS), and only ...
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Trump delays tariff hike on Chinese imports
US president Donald Trump tweeted late on Sunday (February 24) that he would be delaying the planned increase in tariffs on imports from China, including automotive goods, which were scheduled to rise from 10% to 25% on Friday (March 1).Trump said there had been “substantial progress” in what were “very ...
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Automotive industry condemns tariff ‘secrecy’
Automotive sector bodies from the US and overseas have rounded on the US Department of Commerce for not giving them access to its report for Donald Trump about possible duties on imports of automotive goods. Trump requested the report in May last year as part of a Section 232 investigation, ...
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UK's relevance to Honda in doubt after Swindon closure
The long-term impact on the UK automotive supply chain of Honda’s decision to end production at its Swindon plant will take some time to assess, but the carmaker has admitted that Honda of the UK Manufacturing’s current role as a global manufacturing hub “may no longer be viable”.Despite assurances the ...
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Supply lines key to new Nissan plant in Algeria
Nissan is looking to develop a components supply chain in Algeria to support the construction of its new car plant in the North African country with local partner Groupe Hasnaoui.“Using our Japanese engineering expertise, we will build a manufacturing hub and work to develop the supplier industry,” said Peyman Kargar ...
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Porsche warns Brexit could force prices up in the UK
Porsche has warned its customers in the UK that they could face a 10% hike in the cost of cars delivered after the Brexit deadline, as a result of the duties that may be imposed.“As one potential outcome of the Brexit negotiations, there is a possibility that a duty of ...
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Nissan plans to expand output in Russia
Nissan plans to increase production at its plant in St Petersburg, Russia, this year and build on last year’s record-breaking sales, Nissan Manufacturing Rus general director, Igor Boitsov, has revealed.Given low forecast sales on the domestic Russian market, however, this may depend on increasing exports to adjacent markets, he admitted.Nissan ...
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Linamar CEO warns of Trump's metal tariffs
The head of Canada’s second largest auto parts maker Linamar says she is concerned no one is talking about the impact steel and aluminium import duties are having on North American companies.Initially imposed by US President Donald Trump at 25% for steel and 10% for aluminium, Canada retaliated by imposing ...
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Trade wars contribute to Daimler’s lower profits
Global trade disputes played a part in Daimler’s net profit falling by €3 billion to €7.6 billion ($8.7 billion) last year, compared with 2017.In addition, the decline in diesel car sales as well as disruption caused by the introduction of the new WLTP emissions test in Europe in September eroded ...
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Standing up to risk
Given that it has recently welcomed a new government, is preparing for the United States-Mexico-Canada Agreement (USMCA) and is tackling a worsening domestic security situation, it is safe to say that the Mexican automotive industry faces significant risks as it seeks to improve on its position as the world’s ...
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Mexico stays strong in the face of adversity
Mexico is holding onto its position as a top-ten global automotive manufacturer and exporter despite a variety of challenges, including the new United States-Mexico-Canada Agreement (USMCA), the occurrence of severe weather events and a worsening domestic security situation. Eduardo Solis, executive president of the Asociación Mexicana de ...
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Q&A: Olivier Thouard, customs and tax director, Gefco
Automotive companies and their logistics providers have largely been kept in the dark over the terms of the UK’s withdrawal from the EU and how they will continue to trade vehicles and parts with the continent. The UK exports more than 80% of the vehicles it makes but more than ...
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Volkswagen to establish business in Ethiopia
German carmaker Volkswagen has signed a Memorandum of Understanding (MoU) with the Ethiopian government to establish its automotive business in the African country. Thomas Schaefer, head of Volkswagen Sub-Saharan Africa, signing the MoU with Abebe Abebayehu, commissioner of the Ethiopian Investment Commission, in Addis Ababa. With them are the president ...
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Auto sector wins out in EU-Japan trade deal
The automotive industry has secured special terms in the EU-Japan free trade agreement (FTA) that came into effect on February 1.To address specific sensitivities in the 28-member trading bloc, the EU said motor vehicle tariffs would be lowered in stages during a seven-year transition period, before being eliminated. The EU-Japan ...
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Mercedes van assembly frozen at Gaz Group plant
A parts shortage believed to stem from US sanctions has forced Daimler to temporarily halt assembly of Mercedes-Benz Sprinter vans at the Gaz plant in Nizhniy Novgorod, Russia.Citing several sources, Russian news outlet Kommersant suggested the parts shortage could be the result of US sanctions against companies owned or controlled ...
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UK vehicle exports buoyant amid Brexit uncertainty
Vehicle exports from the UK accounted for 81.5% of production last year, the highest proportion since 2012, allowing the country to maintain its position as the second strongest new car market in Europe after Germany.According to data presented last week by the Society of Motor Manufacturers and Traders (SMMT), the ...
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Nissan pulls plans to make X-Trail in Sunderland
Nissan has reneged on a plan to make the next-generation X-Trail in the UK and will instead supply the European market with the crossover from its Kyushu plant in Japan.The decision – an obvious blow to the UK car sector – comes at a time when investment in the UK ...
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Mercedes-Benz to produce batteries in Poland
Markus Schäfer (left), Mercedes-Benz Cars divisional board member with responsibility for production and supply chain, with Polish prime minister, Mateusz Morawiecki Mercedes-Benz Cars is to build a lithium-ion battery factory in Jawor, Poland, at the same site where the German OEM is building its new engine plant. ...
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Turkish exports bolster falling domestic sales
Turkey’s automotive industry had a mixed year in 2018. Sales in its domestic market for passenger vehicles and light commercial vehicles (LCVs) were down by 35%, according to the Automotive Distributors Association (ODD), at 621,000 compared to 956,000 in 2017.According to Turkey’s Automotive Manufacturers’ Association (OSD), production of passenger cars, ...
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ACEA warns of EU steel import tariffs
European Union (EU) measures to protect the steel industry “pose a real risk” to the competitiveness of the region’s car sector, according to Erik Jonnaert, secretary-general of the European Automobile Manufacturers’ Association (ACEA).A total of 26 categories of steel from all countries will be limited to a quota, based on ...