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All China articles – Page 13
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ArticleDeficit 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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ArticleChina's BYD invests in US bus plant
Chinese electric vehicle manufacturer BYD has invested $5m in a 9,300 sq.m warehouse to free up space at its electric bus plant in Lancaster, California.The new building currently stores around 15,000 different parts and will further streamline the handling of materials and supplies into the 41,800 sq.m manufacturing plant, the ...
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ArticleEuropean ro-ro providers to gain from Africa interest
Grimaldi says Chinese investment in ro-ro services in North Africa is more of a threat than an opportunity for European operators
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ArticleDelphi delivers converter to Geely in China
Delphi Technologies is producing a new vehicle propulsion device in China and has commenced deliveries to OEM Geely.The Suzhou plant set up by Delphi has started fully localised production of a combined inverter and DC/DC converter (CIDD), used in electric vehicles and hybrids to manage their electric drive systems. “Combining ...
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ArticleMema slams Trump’s latest tariffs
The Motor and Equipment Manufacturers Association (Mema) in the US has criticised the Trump administration for imposing $200 billion worth of tariffs on Chinese imports. The duties start at a rate of 10% on September 24 and will rise to 25% in January.“[The measure] will serve as a tax increase ...
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ArticleAuto industry still assessing impact of hurricane
It is still too early to determine the full impact on the North American automotive supply chain of last week's Hurricane Florence, which hit the east coast of the US over the weekend and brought destruction to large areas of North and South Carolina. The hurricane, which caused damage to ...
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ArticleVolvo seeks US tariff relief for China-built SUV
Following its decision to shift production of its XC60 back to Europe from China, Volvo Cars has revealed it sought exemption from US tariffs of 25% on imports of its SUV, which were exclusively made in China and exported to the US.So far this year the carmaker, which is owned ...
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ArticleDon'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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ArticleVW opens SUV plant in Tianjin
Volkswagen has officially opened an assembly plant with FAW at the port city of Tianjin, China. The FAW-VW Tianjin Plant will make VW and Audi brand SUVs, including PHEV models, with chassis parts and transmissions supplied from two other Tianjin-based facilities. The carmaker said that daily production was set for ...
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ArticleFord cancels Focus imports to US from China
Ford has scrapped plans to export the Focus Active model from China to the US because of tariffs of 25% being imposed by the US government. Exports from China were due to begin next year following plans first announced in 2017, when the carmaker decided to supply the car from ...
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ArticleChangjiu Chuzhou to start making convertible trailers
Chinese firm Changjiu Chuzhou Special Vehicle Manufacturing (SVM) and Convertible Trailer Manufacturing Worldwide (CTM) have signed an agreement for the former to start producing convertible trailers for the Chinese market. Wang Xin, CEO of Changjiu Chuzhou Special Vehicle Manufacturing (left), signs MOU with Bill Pawluk, CEO of CTMCTM, which is ...
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ArticleKuehne + Nagel joins forces with Sincero in China
Kuehne + Nagel has agreed to create a new joint venture with Chinese firm Sincero that will provide contract logistics services to the automotive sector there. KN will take a majority stake in the new company.Kuehne + Nagel said the move would increase its automotive logistics business for Chinese OEMs ...
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ArticleChanging Chinese market boost for Sorl
The growing number of OEM warranties expiring in China from earlier new vehicle sales is proving to be a boon for auto parts maker Sorl.The need for replacements helped generate higher aftermarket sales for the company, which is based in Zhejiang province, eastern China.Sales revenue from the domestic aftermarket went ...
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ArticleBattling a perfect storm
The finished vehicle sector in North America is dealing with a lot of challenges at the moment. There is a basic imbalance in the number of vehicles that the US imports and exports with its global trading partners, which contributes to ongoing problems involving congestion and limited capacity on hinterland ...
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ArticleAfter 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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ArticleBAIC opens compact SUV plant in South Africa
Chinese vehicle-maker BAIC has officially opened its 11 billion rand ($834m) assembly plant in South Africa, which will start making the X25 compact SUV from imported semi-knockdown (SKD) kits in the fourth quarter of this year. BAIC has been exporting the vehicle to South Africa from China since 2017.The plant, ...
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ArticleVehicle makers grapple with cost of trade wars
Carmakers are faced with shifting production, higher purchase costs, lower profits and the possibility of raising the price of their products as a consequence of the continuing global trade conflict.Volvo Cars of Sweden is shifting production of its XC60 SUV for the US market from China to Europe to avoid ...
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ArticleYusen buys share in JV with NYK and Anji
Yusen Logistics has bought a 20% share in the existing joint venture between its parent company NYK and China’s Anji Automotive Logistics for an undisclosed sum. Yusen bought the 20% share from NYK, which previously held 49% of the company. A spokesperson for the company said that the decision to ...
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ArticleEEU hits vehicle makers with revised rates
Carmakers with assembly plants in Russia, Kazakhstan and Belarus are now unable to export finished vehicles duty free within the Eurasian Economic Union (EEU), because the localisation rate has increased.Previously, almost all Russian carmakers, as well as those foreign carmakers with plants in the region, were registered on the EEU’s ...
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ArticleBMW set to raise stakes in China
BMW is reported to be increasing its 50% stake in Brilliance China Automotive, making it the first foreign carmaker in the country to take majority control of a joint venture. Newspaper reports, including the China Daily and South China Morning Post, cite comments from premier Li Keqiang during a visit ...