All Finished vehicles articles – Page 24
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ArticleHöegh takes delivery of first New Horizon class car carrier
Höegh Autoliners has taken delivery of the first of six new post-panamax vessels, all of which will be delivered over the next 18 months. The first vessel has been named Höegh Target and will be able to carry 8,500 car equivalent units (CEUs) on a deck space of 71,400 sq.m. ...
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ArticleKia to hit 15m export milestone in June
This month South Korean carmaker Kia Motors expects to hit the milestone of exporting 15m vehicles from the country. It started exporting in 1975 when the first ten Brisa pick up trucks were sent to Qatar. Exports to overseas markets now account for 70% of domestic production, which in 2014 ...
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ArticleFord begins Mustang exports from US to Europe
Following the start of global Mustang exports from the US this year, which began in January to China, Ford has now started exports of the model to Europe.As with the initial China exports, volume numbers have begun modestly, with 575 units shipped from the Flat Rock assembly plant in Michigan ...
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ArticleCox Automotive pays $4 billion for Dealertrack Technologies
Cox Automotive is buying software services provider Dealertrack Technologies for $4 billion. The US-based e-commerce provider is expected to close the buyout in the third quarter of this year. Dealertrack provides software services for dealerships and other automotive retailers.“This is a great investment in our customers and in the auto ...
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ArticleGefco reports positive results for Algeria business
Gefco has reported that its subsidiary in Algeria, which was established last year, made a turnover of €5m ($5.8m) in 2014. Algeria is Africa’s second largest automotive market.Gefco Algeria has established two vehicle distribution centres in the country, at Mostaganem and Boufarik. The 5-hectare Boufarik facility, which is near the ...
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ArticleEuropean car sector benefits from Q1 sugar rush but outlook is more modest
Vehicle sales growth across Europe in the first quarter is up more than 7% according to industry analyst LMC Automotive, with all major markets outside of Russia having made progress at the beginning of 2015. And it is likely to stay that way this year. The reduction in oil prices, ...
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ArticleRussian distributors break contracts with PSA Peugeot-Citroën
On top of the sharp drop in vehicle sales in Russia this year, PSA Peugeot-Citroën has faced additional problems because 20% of its distributors have abandoned their contracts with the carmaker.According to the Russian Automobile Dealers Association (RADA), the French carmaker has already lost dealerships in Bryansk, Kursk, Orel Oblast, ...
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ArticleKia starts roll out of import volumes in Mexico
In Mexico, the first Kia Motors' Sportage SUV models, which are due to be made available for sale as of July 1, have begun to arrive at the port of Veracruz.Small volume consignments have been shipped from Kia’s Zilina plant in Slovakia. They were delivered by Hoëgh Autoliners' Beijing and ...
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ArticleFVL conference: Worries over rail service and driver shortages
While sales and production of new vehicles in North America still growing, there are lingering worries that logistics options are not keeping up with volume or the higher complexity. Although the situation has improved somewhat this year, rail velocity and cycle times are still behind their historic levels, while a ...
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ArticleFVL conference: Driving on the marine highways
The US marine highways, including coastal shipping and inland waterways, cover 29,000 nautical miles, compared to the circumference of the world, at 24,901 miles. That scale shows the huge importance of the country’s waterways, arteries that remain highly under utilised in the general freight sector and especially the automotive industry. ...
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ArticleFVL conference: time is money in vehicle remarketing sector
Seasonal trends and regional buying habits in the used car market are a headache for transport companies looking to maximise efficiency and even profit on the backhauls of outbound new car deliveries. Used car movements remain largely reliant on regional truck haulers when often a national transport solution is needed. ...
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ArticleFVL conference: discussing the economics of collaboration
Gerald Lee, vice president, vehicle planning and logistics, Subaru of America, and Glenn Clift, president and chief executive officer at Glovis America, joined editor Christopher Ludwig and publisher Louis Yiakoumi, together audience members from United Road, Fiat Chrysler, Jack Cooper, Tesla and others in discussing some of the big themes ...
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ArticleA tale of two seasons for North American vehicle logistics
The 6th annual FVL North America conference brought together 350 delegates to sunny California, where they discussed the lingering chill of winter affecting the logistics network, at the same time that sales and investment in the sector continue to sizzleAdditional reporting by Marcus Williams and Rachael HoggIt was the best ...
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ArticleWatch videos from FVL North America in California
Recordings are now available to view for free of primary sessions from the 6th annual Finished Vehicle Logistics North America conference in Newport Beach, California, where delegates gathered for three days of networking and information sharing. Watch the full sessions here from the plenary sessions, including presentations from the Federal ...
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ArticleFVL conference: VW’s revival plan depends on reliable logistics
The Volkswagen Group’s aggressive plans for plant capacity expansion and new model launches in North America, on which it is pinning its hopes to reverse declining sales in the US, will test the carmaker’s logistics network and logistics providers, according to Jan Bures (pictured left), executive vice-president of aftersales and ...
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ArticleFVL conference: rail providers and carmakers moving past the ‘angry phase’
Following nearly 18 months of considerable disturbances on the North American rail network, including severe weather issues, labour disputes and demand surges in unexpected areas, railroad providers are investing large amounts in rolling stock, infrastructure improvements and new track as they strive to meet demand and regain business lost to ...
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ArticleFVL conference: US car haulers renew call for weight exemption
The US car hauling industry’s long-running battle for a weight exemption in the next Highway Reauthorisation bill was raised in an impassioned plea during last week’s Finished Vehicle Logistics North America conference in Newport Beach, California. Mike Riggs (pictured, standing), chief executive officer of the biggest road transport provider ...
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ArticleFVL conference: The battle for quality
OEMs and logistics providers are naturally concerned about getting vehicles into the hands of customers without a single scratch. That is part of what has driven an increase in focus, data and communication across the supply chain, including the establishment and tracking of more KPIs and analysis into the cause ...
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ArticleSubaru extends lease for operations at port of Vancouver to 2030
Subaru of America has extended its lease at the US port of Vancouver until 2030 with two additional five-year options that could extend its tenancy there for a further ten years. The carmaker’s lease was due to have expired on August 31, 2020.The carmaker leases around 16 hectares from the ...
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ArticleEC launches infringement proceedings against Germany over wage legislation
The European Commission (EC) has launched an infringement procedure against Germany in response to its extension of minimum wage legislation to international transport operators entering German territory. “[T]he application of German measures to transit and certain international transport operations can in the Commission's view not be justified, as it ...