All Hyundai-Kia articles
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ArticleHyundai Glovis deploys robots in South Korea
Hyundai Kia’s logistics division, Hyundai Glovis, has automated the packaging of semi-knockdown components at its logistics centres in Asan and Ulsan, South Korea. The move is the first step in a wider company initiative to increase productivity through the introduction of smart logistics.Machines are being used both to package the ...
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ArticleA rising tide – with political undercurrents
Mexican production and exports continued to grow through 2017, both to the US and globally. At the same time, US sales remained strong and were fed by an increase in imports from established and emerging markets. It is only in Canada that both sales and assembly are showing a decline. ...
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ArticleTrump stamps on Iran’s automotive revival
When Iran reached agreement with the global community in 2015 regarding denuclearisation, resulting in the lifting of sanctions in early 2016, almost immediately Renault and PSA announced their return to the country. Prior to Iran being ostracised, both companies had been active there via joint venture (JV) manufacturing operations, mostly ...
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ArticleRussia ends era of industrial agreements
Russia is scrapping its Regulation 166 agreement, which allows foreign carmakers building cars in the country to import parts at preferential rates of customs duty. According to the country’s Ministry of Economic Development, the industrial agreement regime will cease on July 1 this year.In a statement posted on its website, ...
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ArticleVW signs tax exemption deal with Russia
Volkswagen has become the first carmaker to sign a tax exemption deal with the Russian government, according to a recent statement on its website.Under the agreement, the German carmaker is exempt from payment of VAT and excise rates on automotive components, whether imported or produced in Russia, where they are ...
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ArticleRoad transport in Mexico: no time for reflection
About three years ago, trucking capacity for the movement of finished vehicles in Mexico was a big concern. Trucks are used for the delivery of all finished vehicles for the domestic market there, as well as supporting rail in moving vehicles to and from ports, and there were simply not ...