Start-ups

  • nikolai-setzer-data 2
    Article

    Continental buys Australian tyre network

    2018-08-21T15:12:46Z

    German tyre manufacturer Continental is purchasing the 258-branch Kmart Tyre and Auto Service chain (KTAS) from Australian conglomerate Wesfarmers for 350m Australian dollars ($253m). Continental plans to drive forward what is already a strong network of outlets and expand the existing product portfolio, said Ferdinand Hoyos, head of Continental’s passenger ...

  • HalewoodJLR
    Article

    Exports prop up UK car production despite trade uncertainty

    2018-08-01T15:17:31Z

    The number of cars made in the UK fell by 5.5% to 128,799 last month, with domestic demand plummeting by 47.2% to 15,647, according to figures from the Society for Motor Manufacturers and Traders (SMMT). However, production was bolstered by a 6% rise in exports to 113,152 units, with almost ...

  • MercBenzHungary
    Article

    BMW to build €1 billion assembly plant in Hungary

    2018-08-01T13:44:28Z

    BMW has announced it will build an assembly plant in Hungary next year, near the town of Debrecen in the east of the country. The German carmaker said it had chosen Debrecen because of the advantages it offered in terms of infrastructure, logistics connections and proximity to the supplier network. ...

  • prologis-visualisierung-continental-gross-rohrheim
    Article

    Continental expands PDC in Germany

    2018-07-25T12:01:07Z

    Tier one supplier Continental is expanding its aftermarket parts distribution centre (PDC) in Southern Hesse, Germany by almost 7,000 sq.m in response to growth in the independent aftermarket. Property manager Prologis is carrying out the expansion work for Continental Aftermarket at the facility in Gross-Rohrheim, increasing the logistics space to ...

  • IAC-uses-AGVs-for-cockpit-assemby-in-Halewood
    Article

    IAC deploys smart logistics at Halewood facility

    2018-07-18T10:20:35Z

    Global parts and systems supplier, International Automotive Components (IAC), is now using industry 4.0 manufacturing technology and smart logistics for the production of interior components at its plant in Halewood. Parts are supplied from the site to Jaguar Land Rover’s plant nearby and other carmakers in the country. Among other ...

  • Russia_parts_warehouse
    Article

    Russia seeks to subsidise cost of parts imports

    2018-07-16T14:51:46Z

    Russia’s Ministry of Trade wants foreign OEMs to continue to comply with the industrial assembly agreements drawn up under Regulation 166. The regulation, which was amended in 2010, allowed foreign carmakers to import parts at preferential rates of customs duty. However, carmakers no longer have a reason to comply with ...

  • OptimumNano_bus_charger
    Article

    Chinese EV battery maker forced to stop output

    2018-07-11T09:16:06Z

    A reduction in Chinese government subsidies to electric vehicle (EV) manufacturers has forced battery maker Shenzhen OptimumNano Energy to cease operations for six months. The majority of staff have been told to take paid leave for the rest of the year from July 1. Meanwhile, the government is reported to ...

  • 13062-004
    Article

    Strike action hits Scania V8 supply

    2018-07-10T18:18:17Z

    Scania has been unable to fulfil customer orders for more than 2,000 trucks with V8 engines because of a strike at an unnamed supplier of cast engine components. Sales of industrial and marine V8 engines are also affected. The strike began on June 14 and follows a spell earlier this ...

  • EAGLE-F1-ASYMMETRIC-10
    Article

    TireHub on track to operate in US

    2018-06-27T14:52:28Z

    Tyre distributor TireHub expects to start serving US customers in the first week of July after co-owners Bridgestone Americas and Goodyear received clearance for the joint venture. The newly formed company will distribute tyres for passenger cars and light trucks throughout the US, with an emphasis on satisfying growing demand ...

  • Continental-trutnov-1
    Article

    Continental raises sensor output at Trutnov

    2018-06-20T10:37:09Z

    German technology company Continental has expanded its Trutnov plant in the north-east of the Czech Republic to meet increasing demand for nitrogen oxide (NOx) sensors. The sensors are used to measure the NOx content in exhaust emissions and provide data for its effective conversion into harmless substances. Among the features ...