All South America articles – Page 4
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Deficit in Brazil’s automotive parts sector worsens
Brazil’s automotive parts industry posted a trade deficit of $4.48 billion over the first eight months of this year – a 22.4% increase compared to the deficit over the same period last year.Figures released by the National Association of Brazilian Auto Parts Manufacturers (Sindipeças) show exports of auto parts to ...
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Brazilian auto association adjusts forecast
Brazil’s National Association of Automotive Vehicle Manufacturers (Anfavea), has adjusted predictions for how the year will end for the finished vehicle sector in the country – upwards for domestic registrations and production, downwards for exports.In updated forecasts, Anfavea projected a 13.7% rise to 2.54m units in vehicles licensed, up from ...
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GM Uzbekistan streamlines its supply chain
GM’s joint venture with the government of Uzbekistan – GM Uzbekistan – is expected to make 220,000 vehicles this year, a 37% increase compared to 2017.The OEM has more than halved the delivery time of Cobalt and Malibu vehicles – the two most popular models in the domestic market, the ...
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Blockchain can disrupt the auto industry
Blockchain has built its reputation as a distributed ledger platform, which provides a framework for securely using and trading cryptocurrencies, such as Bitcoin. However, its potential extends far beyond financial services.The functions of blockchain could cater to other sectors to create more transparency and deliver greater efficiency. One example is ...
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VW Brazil launches logistics portal
Volkswagen Truck & Bus is to launch a digital logistics portal in Brazil in tandem with the group’s digital brand, Rio.The Rio portal, which is based on vehicle data intelligence and stored in the cloud, will offer up to 20 services, which are currently purchased individually. These range from ordering ...
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Toyota runs roadtrains to Buenos Aires port
The port of Buenos Aires in Argentina has received its first ever roadtrain delivery of containers from the Toyota plant at Zárate.The delivery was part of a trial intended to demonstrate the benefits of such roadtrains, and involved a single tractive unit hauling two semi-trailers on a shared axle train. ...
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Don't hope for a trade war truce
Escalating trade wars look set to be the new risk frontier in the automotive supply chain. With countries and trading blocs starting to retaliate against US moves to raise tariffs, open trade borders are closing in quickly. On July 6, 2018, the US began imposing a 25% tax on $34 ...
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Kuehne + Nagel builds in blockchain
Logistics provider Kuehne + Nagel is applying blockchain technology to upgrade its existing Verified Gross Mass (VGM) portal. VGM is the weight of cargo, including the dunnage, bracing and tare weight of the container.Since 2016, the IMO has enforced the regulation that requires the shipper to provide the weight of ...
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Argentinian economic downturn hits Brazil
Brazil’s National Association of Automotive Vehicle Manufacturers (Anfavea) has confirmed it is lowering its forecast for automotive exports this year, after warnings that the economic crisis in neighbouring Argentina is impacting on that country’s ability to import finished vehicles.While total automotive exports will not actually decline this year, they will ...
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Manta reports huge increase in vehicle traffic
The port of Manta, in northern Ecuador, has reported a doubling in the volume of finished vehicles it handled over the first seven months of this year to 42,056 units, compared to 20,691 units in the same period last year.Roberto Salazar, president of Manta Port Terminals (TPM) – the private ...
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Suape to put vehicle terminal in private hands
A public consultation has begun over plans for a new concession to run the finished vehicle terminal at the north-western Brazilian Port of Suape. The National Waterways Transport Agency (Antaq), the port authority currently running the terminal, plans to issue a tender for the concession in early September. The consultation ...
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GM Uzbekistan suspends vehicle sales over pricing
GM Uzbekistan has suspended finished vehicle sales in Uzbekistan, after failing to carry through a price increase on the domestic market there. The move follows a similar suspension in Russia – its second biggest market after Uzbekistan – for more than two months on similar grounds.Speaking at a press conference ...
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Car sales drive growth in Latin America
The first two quarters of 2018 have seen a 7% increase in the Latin American automotive market, with sales of light commercial and passenger vehicles increasing from 2.64m to 2.83m.However, Felipe Munoz, global analyst of JATO Dynamics, comments that while the results are positive, the economies of the region have ...
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Nissan opens up new production Frontier
Japanese OEM Nissan has started manufacturing the Frontier pick-up truck in Argentina – the fifth country to make the vehicle. Known as the Nissan Navara elsewhere in the world, the vehicle is already produced in Mexico, Spain, China and Thailand.The company has opted to produce the truck in Alliance partner ...
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Port Canaveral on a roll
Port Canaveral is now able to handle more finished vehicles thanks to a draft deepening project that allows post-Panamax ro-ro vessels to berth at the port. Late last month, the Floridian port accommodated vessels from Höegh Autoliners and NYK Line simultaneously, a first for the facility, which only started handling ...
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After Marchionne, what next for Fiat Chrysler?
Sergio Marchionne (pictured), former CEO at Fiat Chrysler Automobiles (FCA), was a remarkable man. He frequently dominated the automotive industry’s headlines and news agenda over the last decade or so and his recent passing away robs the industry of one of its few stars. In an age when corporate suits ...
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Cosco Shipping Lines hit by cyber-attack
Cosco Shipping Lines has restored network services to its America regions following a ransomware attack that took out local email and telephone connections last week, delaying services and temporarily affecting its global business. On July 25 the company was forced to isolate internal networks and shutdown connections within its American ...
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Argentina reduces rates on parts imports
The Argentinian government is cutting import duties by 2% on more than 130 automotive parts to improve the vehicle industry’s competitiveness.The reduction is intended to help manufacturers of trailers, buses, trucks and agricultural machinery, as well as cars and vans.“We will continue working on different measures to improve the industry’s ...
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Volkswagen Amarok production starts in Ecuador
Volkswagen Commercial Vehicles says FISUM, its local contract partner in Ecuador, has started production of the new Amarok pick-up truck model at a facility in Quito.It is the first-ever production of VW vehicles in the South American country.The complete knock down (CKD) parts for production are being sourced from Argentina ...
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DHL Supply Chain to handle in-plant logistics for JLR in Brazil
DHL Supply Chain has been awarded the contract to manage in-plant logistics at Jaguar Land Rover’s (JLR’s) new manufacturing plant in Itatiaia, Brazil (pictured).JLR opened its 750m reais ($215m) manufacturing facility last June. It is the first wholly-owned manufacturing plant the carmaker has set up outside of the UK (its ...