All Chery articles – Page 3
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Article
China’s CMG to merge with Sinotrans CSC
China’s government has approved the multi-billion dollar merger of its state-owned shipping and logistics giant CMG with rival Sinotrans & CSC Holdings, also a state-owned firm.According to Reuters the merger places brings together CMG’s assets worth an estimated 624 billion yuan ($96 billion) with those owned by Sinotrans & CSC ...
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Article
Venezuela imports Chery taxis
Chinese carmaker Chery has delivered a first volume instalment of 2,500 taxis to Venezuela through the port of Cabello. The delivery follows an initial shipment of 400 vehicles last month.The Venezuelan Minister of People Power for Aquatic and Air Transport (MPPTAA), Giuseppe Yoffreda, supervised the unloading as part of the ...
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Article
JLR counts the cost of Tianjin explosion in quarterly report
Jaguar Land Rover’s second quarter financial report to September 2015 revealed that higher retail sales in the UK, Europe and North America were offset by a 32.4% drop in sales revenue from China. The company also sustained considerable losses in China as a consequence of the Tianjin port explosions on ...
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Article
Video interview with Orlando Moral, operations director, Chery Brazil
After his presentation at the recent Automotive Logistics South America conference in Brazil on how Chery is currently hibernating in order to come back stronger, Orlando Moral, operations director at Chery Brazil spoke with Christopher Ludwig, editor, Automotive Logistics Group about the difficulties, challenges and opportunities for the OEM in the Brazilian ...
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ArticlePositive sales for JLR but slump in China has affected quarterly results
Jaguar Land Rover (JLR) has reported its best ever October sales with year-to-date figures for 2015 also up on the same period in 2014. However, a dramatic drop of around 30% in China for the three months to September 30th has affected global results for the quarter.The carmaker’s sales for ...
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Article
South America: holding out for better times
Facing further declines and difficulties, OEM executives talk about their plans to survive the ongoing Brazilian storm For the Brazilian automotive industry, 2015 has been bad, and next year is expected to be even worse. However, despite the sharp declines and pessimism, executives are optimistic that things will eventually get ...
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Article
South America conference: Taking control in a crisis
The 7th Automotive Logistics South America conference, held in São Paulo, Brazil, may have brought together delegates experiencing recession, and suffering from declining volumes, but the Brazilians showed their resilience and creativity. Companies emphasised how to reshape supply chains in a crisis, and how they could move forward together stronger, ...
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Article
Local suppliers struggle to gain scale in Brazil's fragmented market
Despite years of growth leading up to the current downturn, Brazil faces weaknesses in its tier supply chain following chronic underinvestment in equipment, tooling and logistics. High labour costs and stifling bureaucracy have also made imported parts more attractive than local ones in some cases despite customs issues and logistics ...
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Article
South America conference: Chery hibernating to come back stronger
The sharp decline in growth in Brazil over the past several years has come at the same time as a number of manufacturers have invested or expanded operations in the country. Among those carmakers was China’s Chery. In 2010 it was riding a wave of expansion in Brazil and a ...
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ArticleThousands of cars destroyed in Tianjin port explosions
*Updated on 17/08 and 18/08 to include more information*Two huge explosions in the port of Tianjin, near Beijing, have caused devastation to large areas of the city, killed at least 114 people, and left many hundreds injured. Several thousand imported cars stored in a logistics park have also been completely ...
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ArticleJLR targets Slovakia for plant, citing supply chain and logistics benefits
Jaguar Land Rover (JLR) has signed a letter of intent with the Slovak government to build its next assembly facility in Nitra, choosing the central European location over others in Europe, the US and Mexico for a 300,000-unit per year factory.In a statement, JLR confirmed that it had chosen the ...
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ArticleIran deal reignites foreign OEM interest in domestic production and exports
This week’s agreement to lift sanctions against Iran has immediately renewed production and export plans among a number of carmakers with historic links in the country, including PSA Peugeot-Citroën and Renault-Nissan.The deal, which was signed in Vienna on Tuesday (July 14th), involves Iran, the US, UK, France, Germany, Russia and ...
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ArticleMagna will assemble vehicles for Jaguar Land Rover in Graz
Jaguar Land Rover (JLR) has signed a manufacturing agreement with contract manufacturer Magna Steyr that will see it assembling vehicles for JLR at its facility in Graz, Austria. The division of Magna International already produces the Mercedes-Benz G-Class and the Peugeot RCZ there. It also makes the Mini Countryman and ...
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ArticleMaintaining traction through efficiency in Brazil
Vehicle sales in Brazil have tumbled and industry players need to slash costs, even as carmakers continue to invest heavily. OEMs and LSPs are redrawing their supply chains, while staying optimisticAfter the boom, Brazil’s economy is stuttering. Real GDP growth is expected to drop 1% for 2015 and inflation is ...
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ArticleDickinson leaves Qoros for new role at the SMMT Industry Forum
Mike Dickinson has resigned from his role as director of customer order management and logistics at Chinese carmaker Qoros and is returning to the UK to take up a new role as head of Automotive at the SMMT Industry Forum. The Industry Forum is a subsidiary company of the Society ...
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ArticleBCUBE to handle parts sequencing for Qoros
Chinese carmaker Qoros has outsourced operations for sequenced parts to Italian logistics provider BCUBE ahead of plans to launch production of a new model later this year at its factory in Changshu, 80km north of Shanghai. It is Qoros’s first outsourcing of inbound and plant-related logistics services, while for BCUBE ...
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Article3PLs in China are raising the bar
Maintaining logistics leadership in China is becoming more about demonstrating the ability to implement innovative and sustainable solutions than it is about moving pure volumeChina, as this magazine has long noted, is a complicated automotive logistics market. State-owned carmakers tend to have affiliated logistics providers to handle their transport and ...
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ArticleWWL opens third VPC in China; starts work on another in US
Wallenius Wilhelmsen Logistics has opened a vehicle processing centre (VPC) at the port of Tianjin in China, its third such facility in the country. The latest facility, which is a joint venture with the Tianjin Port Group, provides 140,000 sq.m of storage and a 6,000 sq. m workshop, which will ...
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ArticlePackaging case study: An intercontinental shift
One prominent example of a tier one supplier using reusable containers for its overseas shipments is Linde + Wiemann, a supplier of body frame parts, seats, and instrument panels based in Dillenburg, GermanyOne prominent example of a tier one supplier using reusable containers for its overseas shipments is Linde + ...
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ArticlePlanes, trains and slow boats to China
With increased local production still relying heavily on imported material, supply chain efficiency in planning, customs, shipping and packing is crucial to succeeding in ChinaAs the largest automotive market in the world, on pace to build and sell nearly 23m vehicles in 2014, China has a strong and growing domestic ...