All Suppliers articles – Page 29
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Auto tariffs pose biggest threat to US economy, warns OFII
The possibility of Donald Trump placing duties on cars and automotive parts being imported into the US is the largest threat to the country’s economic competitiveness, according to the chief financial officers (CFOs) of international companies taking part in a recent survey.The US Department of Commerce is currently investigating whether ...
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Costly USMCA rules ‘may prove unworkable’ for supply chains
Complying with the proposed US-Mexico-Canada Agreement (USMCA) that replaces Nafta will be expensive for those in the automotive supply chain and could prove unworkable for some, according to John Bozzella (pictured), president and CEO of the Association of Global Automakers in the US. Details in the draft accord include a ...
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Russia increases component exports
Several automotive manufacturers in Russia are increasing component exports in line with plans announced at the beginning of this year.Joint venture Ford Sollers has doubled the number of different part lines it exports to the EU to 100 this year (compared to 50 in late 2017) and said it plans ...
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Economic nationalism to force a lane-change
Typically, the world experiences waves of economic nationalism every three decades but these are often limited to one region each time. Today we’re experiencing a global wave of economic disruption across multiple regions simultaneously. In reaction, automotive manufacturers are having to increase the flexibility and agility of their supply chains ...
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Cooper Tire opens new site in Mississippi
Cooper Tire and Rubber has opened a 93,000 sq.m distribution centre in Byhalia, Mississippi. Built by Panattoni Development Company, it is the tyremaker’s largest such centre. According to the Mississippi Development Authority, Cooper is investing $10m in it, in an overall project worth $50.5m.The facility, which is situated in the ...
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WLTP hits tier suppliers’ bottom lines
Two more tier suppliers have attributed declining financial performance to a drop-off in vehicle sales caused by the introduction of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) for emissions standards in Europe.Michigan, US-based aluminium wheel manufacturer Superior Industries International has put a third-quarter loss down to the effects of ...
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ZF trials drone deliveries at Friedrichshafen
Component manufacturer ZF has started testing the use of a drone to distribute parts at its main plant in Friedrichshafen, south-west Germany.The prototype is being used to transport spare parts such as sensors and control cards from the plant’s central warehouse to various workshops, with the aim of proving that ...
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Novelis puts fresh focus on automotive sector
Aluminium rolling company Novelis is setting up a network of bases to increase product development specifically for the automotive industry. Its customer solution centres (CSCs) will be located close to OEM plants in North America, China and Europe and will be used to encourage the use of aluminium in applications ...
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WLTP hits sales and profits in Germany
Carmaker VW Group and parts supplier Schaeffler have both put weaker third-quarter financial performance down to the effects of the new Worldwide Harmonised Light Vehicle Test Procedure (WLTP).As manufacturers have phased out older passenger car models in advance of the more stringent emissions testing procedure coming into effect on September ...
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Rewriting the rules
Russia’s Industry and Trade Ministry wants OEMs to make huge investments in new production capacity in Russia over the coming decade, in order to continue qualifying for state aid. A bill laying down the basis of a new national localisation strategy was published in August that is designed to replace ...
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Maersk invests in freight-booking startup Loadsmart
Digital freight broker, Loadsmart, has received funding worth a total of $21.6m from the venture investment arm of container shipping giant, AP Møller-Maersk, and two other leading investment firms.Maersk Growth, along with Connor Capital and Chromo Invest, are investing to increase Loadsmart’s operations team and support product development and engineering. ...
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Apollo's Rivallant named European president
Apollo Tyres has promoted Benoit Rivallant to be president of its European operations.Rivallant has been with the tyre manufacturer since 2014, during which time, successfully introduced commercial vehicle tyres into Europe as group head, global product management for commercial vehicle tyres, the Indian company says.“It is our corporate philosophy to ...
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Opel tasks Gefco with further cost reduction
Opel/Vauxhall has renewed its fourth-party logistics (4PL) contract with Gefco for a further four years, starting in January, tasking it with finding further cost reduction measures and intensifying its optimisation and network engineering activities.Gefco’s 4PL Solutions division provides services for Opel/Vauxhall across Europe and Turkey, including the management of 220 ...
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Gielen to become CEO at Schoeller Allibert
Copyright: Debby Termonia Former entrepreneur Ludo Gielen is to become the new CEO of Schoeller Allibert on 1 November, 14 years after selling them his company. Gielen joined the Dutch returnable transit packaging company when it bought BiPP Plastic Pallets from him in 2004. “Over the years ...
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ACEA and CLEPA highlight dangers of ‘no-deal’ Brexit
Europe’s OEMs and tier suppliers have issued a stark warning at the Brexit summit in Brussels this week about the potentially far-reaching impacts of the UK leaving Europe without a deal in place.Drawing attention to the fact that more than 1,000 EU trucks cross the Channel to deliver to car ...
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A race against time for the UK car sector
It is still very uncertain what the UK’s exit from the European Union is going to look like at the end of March 2019 but it is going to have a big impact on the automotive industry whatever it looks like. At this year’s Automotive Logistics UK summit, major carmakers ...
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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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Testing times
The start of September this year marked the point at which all new car registrations in the EU had to comply with the new CO2 emissions test – the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). This laboratory test is designed to introduce more realistic and stricter criteria when assessing ...
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Pressing a point
Slightly to the north of Wolverhampton in the UK’s industrial Midlands – and perhaps more crucially just a few miles off a key transport route, the M6 motorway – lies one of the latest additions to the worldwide roster of production facilities for stamped automotive metal parts. In mid-September, Spanish-owned ...
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Varroc Lighting Systems expands Czech plant
Varroc Lighting Systems has opened a fifth production hall at its Rychvald factory in the Moravia region of the Czech Republic.Features of the new assembly area include advanced material flow monitoring and intelligent logistics management equipment, said the US-based firm.“The hall will produce both rear lamps and smart headlamps with ...