All China articles – Page 9

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  • 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 from ...

  • 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 plant, ...

  • 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 avoid ...

  • 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 ...

  • bmw-brilliance-autom-1
    Article

    BMW set to raise stakes in China

    2018-07-17T16:13:45Z

    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 ...

  • 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 ...

  • P90173948_highRes_bmw-group-plant-ross
    Article

    Africa awakes

    2018-07-05T17:24:00Z

    Africa’s vehicle production and distribution sector still trails much of the rest of the world, but the signs are that this is beginning to change

  • BMW_serviceparts_K+N 2
    Article

    Kuehne + Nagel expands services for BMW

    2018-07-04T11:37:39Z

    Kuehne + Nagel and BMW have expanded their partnership in Europe and Asia. In a phased development, the logistics company set up a regional distribution centre in Kleinaitingen (Germany) last April and one in Słubice (Poland) a month later. It is also establishing dealer distribution centres in Beijing and Shanghai, ...

  • Daimler Chairman at China Development Forum: Accelerated by Chinese market, innovation is key to transforming
    Article

    Higher tariffs to hit Daimler’s earnings

    2018-06-27T14:48:30Z

    Increased Chinese import duties on US-made cars and other setbacks have forced Daimler to lower earnings expectations for this year, despite record sales. “The decisive factor is that at Mercedes-Benz Cars fewer-than-expected SUV sales and higher-than-expected costs – not completely passed on to the customers – must be assumed because ...

  • eu-1473958_960_720
    Article

    Brexit’s unaccustomed burdens

    2018-06-27T11:50:00Z

    Nine months before the UK’s planned departure from the European Union, uncertainty over customs arrangements is emerging as one of the major concerns of manufacturers – perhaps just as much, if not more so, than the prospect of tariffs and taxes. The risks and impacts from delays in logistics flows ...

  • Tata Steel_Hille_Muller_198
    Article

    Automotive in the firing line as Trump extends tariffs

    2018-06-06T13:09:29Z

    Cars and automotive parts are becoming enmeshed in intensifying global trade wars, with the automotive sector facing increased shipping, supply, manufacturing and cost uncertainty for some time to come.The catalyst has been the US president imposing import tariffs of 25% on steel and 10% on aluminium, two key input materials ...

  • bmw-concept-ix3-04-2
    Article

    BBA expands battery factory in China

    2018-06-06T11:35:42Z

    Seven months after opening a battery factory in north-east China, BMW Brilliance Automotive (BBA) has already started enlarging the facility. The expansion by the joint venture between BMW and Brilliance China Automotive Holdings will enable production of more powerful batteries for fifth-generation eDrive technology to be used in the fully-electric ...

  • KerryLog
    Article

    Kerry Logistics acquires SAS

    2018-05-30T11:10:54Z

    Third-party logistics provider Kerry Logistics has further extended its reach into the EMEA market with the acquisition of South African-based freight forwarder, Shipping and Airfreight Services (SAS). In a statement, Kerry highlighted the importance of South Africa as a manufacturing hub for the global automotive market. “South Africa’s economy has ...

  • Boao_Forum
    Article

    China cuts import tariffs on vehicles and parts

    2018-05-23T10:56:04Z

    China’s Ministry of Finance has announced that import duty on foreign-made cars will fall from 25% to 15% with effect from July 1, with tariffs on automotive parts dropping from around 10% to 6%. The move delivers on a promise by China’s president Xi Jinping last month that the country ...