All Korea Rep articles – Page 2
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NewsBMW charges up battery output in Thailand with Dräxlmaier
German electronics company Dräxlmaier has launched a high-voltage battery production plant at Chonburi, Thailand, in partnership with BMW. The batteries are transported to the carmaker’s assembly lines at the Amata City industrial estate, in the manufacturing hub of Rayong, where they are fitted into the entire range ...
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NewsHyundai invests in wearable robots
The Hyundai Motor Group has developed two wearable robots to assist production line employees. The innovations may also become a revenue stream for the group, which plans to commercialise its production. Company engineers have created what they call a vest exoskeleton (vex), worn like a backpack and ...
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NewsBMW investing in South Korean aftermarket logistics
BMW’s division in South Korea is investing KRW 30 billion ($24.7m) to improve logistics at its Anseong parts distribution centre (PDC). The company is enlarging the existing facility to 88,000 sq.m, an expansion of more than 30,000 sq.m. In doing so it said it would build on the availability of ...
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NewsABP to expand Grimsby auto terminal
Associated British Ports (ABP) has awarded a construction contract for the next phase of development at its Grimsby Automotive Terminal on England’s east coast.
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NewsSouth Korean trade body fines Japanese auto parts providers
Denso, Diamond Electric Mfg, Hitachi Automotive Systems and Mitsubishi Electric have been fined a total of $76m by South Korea’s fair trade commission..
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NewsSamsung SDI to supply Volvo with truck batteries
South Korea’s Samsung SDI has agreed to provide battery cells and modules to Volvo Group. The deal is part of an alliance the pair has signed to develop battery packs for Volvo’s electric-powered trucks…
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NewsVolvo on track from China to Belgium with ARS Altmann and ICL
German vehicle transporter ARS Altmann and Intermodal Container Logistics (ICL) have transported Volvos by train between Xi’an in China and Gent, Belgium.
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NewsGlovis launches freight company in US
Glovis America, part of South Korea’s Hyundai Motor Group, has established a truck-based freight transport business in the US…
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NewsOEMs look forward to continued trade between UK and South Korea
The UK and South Korea are on the brink of formalising a free trade agreement (FTA) following the conclusion of discussions and the signing this week of a joint statement by the two countries
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ArticleKia to expand UK distribution centre
Kia Motors is to create additional capacity for 8,000 more cars at its UK import and distribution centre in Stallingborough, North Lincolnshire.The company has secured 16.8 hectares of extra land from Associated British Ports (ABP), adjoining Kia’s existing distribution centre which can hold up to 17,000 cars on 35.6 hectares. ...
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ArticleBrexit uncertainty causing concern for automotive
With a reliance on just-in-time and just-in-sequence supply chains, the automotive industry is one of the most vulnerable sectors to disruption caused by a disorderly British exit from the EU
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ArticlePacking a punch
Electric cars could revolutionise transport by providing a cheaper, safer and more environmentally friendly way to travel. The International Energy Agency forecasts that there will be 13m electric vehicles (EVs) on the road globally by 2020, while PwC Autofacts predicts that 55% of all new vehicle sales will be fully ...
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ArticleBMW supports cobalt miners in Congo
BMW has signed up to a pilot project to improve conditions for cobalt miners, their families and neighbouring communities in the Democratic Republic of the Congo (DRC).With batteries in high demand given the boom in electrical vehicles, global companies such as BMW have been turning their attention to how cobalt ...
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ArticleBigger vehicles, bigger challenges
Last year, GM sold around 3m vehicles in the US, with roughly 775,000 imported from Canada and Mexico and the rest coming from around the world, mainly from South Korea, China and Europe. Combining deep-sea and short-sea volumes, the carmaker used seaports to receive close to 200,000 vehicles into the ...
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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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ArticleTrump’s tariffs attract worldwide disapproval
Carmakers, parts manufacturers, trade bodies and the European Union have all sharply criticised the Trump administration’s proposed import tariffs on vehicles and auto parts.Hinting at potential supply chain disruption, Toyota said: “There is no vehicle [made] in the United States … that is sole-sourced from exclusively US parts and components.”The ...
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ArticleBrexit’s unaccustomed burdens
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 ...
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ArticleGM invests in struggling South Korea division
GM has revealed it is to invest $2.8 billion in two new global vehicle programmes for local and export markets in South Korea over the next decade as part of a plan to return its struggling division there to profitability.GM Korea plans to make a small SUV next year and ...
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ArticleTrusting the market will stay afloat
European vehicle-handling ports saw growth in vehicle vehicle volumes in 2017, however geo-political worries – not least Brexit – is causing concerns. Ports continue to invest but there are worries over future volumes and capacity levels.
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ArticleTrump’s tariffs draw further fire
Further criticism has been voiced over President Donald Trump’s plans to impose import tariffs of 25% on steel and 10% on aluminium from other countries, except Nafta partners Canada and Mexico.Following widespread condemnation of the plans last week – which saw concerns raised by groups such as the Motor & ...
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