All China articles – Page 6

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  • Fact $1bn
    Article

    Moving on to terra firma

    2018-10-19T11:12:00Z

    Following sustained pressure on margins in recent years, the global shipping industry has witnessed some radical changes, with consolidation and technology combining to reconfigure the way many shipping lines approach new business. With competition on the waves mounting, one new channel for many car carriers has been to ...

  • paranagua_800x450
    Article

    Deficit in Brazil’s automotive parts sector worsens

    2018-10-16T15:36:47Z

    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 ...

  • BYD_bus
    Article

    China's BYD invests in US bus plant

    2018-10-15T11:13:50Z

    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, ...

  • Euromed Panel I
    Article

    European ro-ro providers to gain from Africa interest

    2018-10-09T13:02:42Z

    European ro-ro providers could benefit from fresh investment in Africa by Chinese and European automotive manufacturers, delegates at the Euro-Med convention, held by Grimaldi Group in the Greek capital of Athens at the beginning of October, were told. Chinese manufacturing investment in Africa, in particular, could provide a boost to ...

  • First produced CIDD at new Suzhou site
    Article

    Delphi delivers converter to Geely in China

    2018-10-03T11:42:26Z

    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. ...

  • Trump_portrait_lores
    Article

    Mema slams Trump’s latest tariffs

    2018-09-19T12:03:55Z

    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 ...

  • DOT_Florence
    Article

    Auto industry still assessing impact of hurricane

    2018-09-19T10:34:49Z

    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 ...

  • The first new XC60 rolls off the production line in Torslanda, Sweden
    Article

    Volvo seeks US tariff relief for China-built SUV

    2018-09-19T10:06:35Z

    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 ...

  • Grimwade,Matt_Sm copy 2
    Article

    Don't hope for a trade war truce

    2018-09-14T11:47:04Z

    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 ...

  • VW-FAW_Tianjin_03
    Article

    VW opens SUV plant in Tianjin

    2018-09-05T13:51:17Z

    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 ...

  • FORD 2018 FOCUS ACTIVE
    Article

    Ford cancels Focus imports to US from China

    2018-09-04T10:12:09Z

    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 ...

  • CCC_Changjiu_Chuzhou
    Article

    Changjiu Chuzhou to start making convertible trailers

    2018-08-29T12:00:14Z

    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 CTM CTM, ...

  • kn-bd-0020
    Article

    Kuehne + Nagel joins forces with Sincero in China

    2018-08-28T16:05:45Z

    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 ...

  • Sorl_Part
    Article

    Changing Chinese market boost for Sorl

    2018-08-22T11:54:33Z

    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 ...

  • 0460__S1_3114
    Article

    Battling a perfect storm

    2018-08-14T15:08:51Z

    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 ...

  • Marchionne_hi_res
    Article

    After Marchionne, what next for Fiat Chrysler?

    2018-08-06T16:41:57Z

    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 ...

  • BAIC_X25
    Article

    BAIC opens compact SUV plant in South Africa

    2018-08-02T17:15:07Z

    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 ...

  • Juncker_Trump
    Article

    Vehicle makers grapple with cost of trade wars

    2018-08-01T14:53:06Z

    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 ...

  • Shanghai-RORO-Terminal-300x225
    Article

    Yusen buys share in JV with NYK and Anji

    2018-08-01T14:17:52Z

    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 ...

  • BelarusMAZtrucks_03
    Article

    EEU hits vehicle makers with revised rates

    2018-07-23T16:19:51Z

    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 ...