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All Chery articles – Page 3
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ArticleChina conference: catching up with digital and automation trends
Steve Dyer, from Bain & Company, said China had a long way to go in catching up to the US and European productivityDespite China’s reputation as a manufacturing powerhouse, filling the world’s homes and stores with products ‘made in China’, rising labour and production costs are increasingly a competitive ...
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ArticleMercedes-Benz pushes ahead in Brazil despite downturn
Mercedes-Benz has started production at a new 600m reais ($165m) plant at Iracemápolis in Brazil, about 170km north west of the capital São Paulo. The plant, which was officially opened last week, is making the C-Class Saloon and, from this summer, the GLA compact SUV.The new plant follows the carmaker's ...
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Chinese companies forced to cut supplies to Russia
Several Chinese carmakers, including FAW, Haima, Great Wall and JAC, have halted the delivery of cars to Russia this year faced with the fact that they did not receive vehicle type approval certificates for 2016, and may not receive them at all, leaving the future of any deliveries in question.“Unfortunately, ...
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ArticleFrench carmakers scale up plans in Iran following sanctions lift
The recent lifting of economic sanctions against Iran has been quickly followed by a rush of interest by international carmakers who are eager to make the most of a market forecast to hit 8m within the next decade, as well as reach the wider market in the Middle East and ...
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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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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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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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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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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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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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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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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 ...