All Policy and regulation articles – Page 21
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NewsNo-deal Brexit is not an option for UK automotive, says SMMT
With just under a month to go before a new prime minister for the UK is announced, a no-deal Brexit has not been ruled out by either contender for the job. However, leaving the EU without a deal at the end of October this year could bring crippling disruptions to ...
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NewsUS Trade Representative rejects Volvo and GM requests for tariff exemptions
The United States Trade Representative (USTR) has turned down separate applications from Volvo and GM to be excluded from a 25% import duty on their Chinese-made SUVs. The levy has been in place for almost a year and Volvo has shifted its US-bound XC60 production from China ...
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NewsAuto industry welcomes suspension of Mexico tariffs
President Donald Trump has suspended a threatened 5% tariff on US imports of Mexican goods, including vehicles and automotive parts, which was to be imposed on Monday (June 10). Trump initially said at the beginning of June that the US would start with a 5% tariff and escalate the levies ...
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NewsSMMT warns of ‘no deal’ cost after Brexit blow
A sustained production decline in the UK’s car industry could be expected to ease by year-end as new models arrive and output balances out over the third quarter, provided the country leaves the European Union (EU) with a favourable deal, a substantial transition period and all other things remain equal, said Mike Hawes, CEO of the UK’s Society of Motor Manufacturers and Traders (SMMT).
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ArticleKenya halts import of used car parts
Kenya is enforcing a ban on the import of used vehicle spares in a bid to tackle the existing chaos in the trade of used cars and spares. However, the move could impact tens of thousands of unofficial dealers…
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NewsRussian carmakers boost exports to help plant capacity
In the first quarter of 2019 Russia exported 22,700 finished vehicles, an increase of 43.3% compared to the same period last year and equal to $307m, according to the Russian Federal Customs Service. Vladimir Bespalov, analyst of the Russian consulting service VTB capital, said a number of ...
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NewsTrump threatens escalating tariffs on Mexican imports
The US administration is threatening to impose tariffs on imports from Mexico as early as June 10, in a surprise move aimed at curtailing illegal immigration. President Donald Trump said on Twitter that the US would start with a 5% tariff on all goods, including vehicles and parts, and would ...
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From the industryPrepare your supply chain for Brexit and more
project44, which provides cloud-based platform services for shippers and 3PLs, is holding an expert-led webinar next week to help companies prepare for Brexit and other supply chain and logistics disruptions
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ArticleMaersk launches digital customs clearance
Shipping line Maersk has launched a digital customs clearance platform, to help customers deal with complex shipping regulations. It claims to be the first container shipping company to offer the service. Various rules must be followed to ensure traded goods enter and exit a country legally. But if a delay ...
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ArticleChallenging times for US car carriers
Despite some recent legislative wins on permissible overhangs, rig length and adaptable trailers, the US car-carrier sector continues to face a number of operational challenges, including a capacity squeeze, more demanding customers and downward price pressure
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ArticleWorking together to drive out disruption
In the context of testing trade relations and new technology in supply chains, finished vehicle logistics providers need to work out how to position themselves for the future, delegates heard at April’s FVL North America conference in Huntington Beach, California
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ArticleITC report outlines pros and cons of USMCA
The proposed United States-Mexico-Canada Agreement (USMCA) is likely to lead to an increase in automotive components production within the US, which will also increase the automotive sector’s net employment by more than 28,000 full-time jobs, according to new report from the International Trade Commission (ITC) looking into the likely effects ...
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Article
Tariffs weigh on Volvo’s financial performance
Volvo Cars’ profitability suffered in the first quarter of this year as a result of tariffs, increasing costs and greater pricing pressures, especially in China. Yet the carmaker increased sales and market share while the purchase of new cars declined across the world. In the past 12 months the automotive ...
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ArticleA transformation for China's automotive landscape
Carmakers, logistics providers and tier suppliers joined the heads of China’s leading trade associations in Shanghai this year to assess the sweeping changes taking place in the country’s automotive market. As regulators seek to support business during the slowdown, trade upheaval continues but so does the growth in digitalisation and ...
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ArticleNio targets more dynamic logistics for NEVs
The Chinese electric vehicle manufacturer sees opportunities to improve inventory management and parts handling in its supply chain
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ArticleUS car market stable as trade and tech change
George Peterson, president of analyst firm Auto Pacific The US economy is in good health, consumer confidence is high and vehicle sales are expected to total 16.6m this year, delegates were told at this week’s Finished Vehicle Logistics North America conference. The bad news is that the ...
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ArticlePutin promises to help VW with special contracts and state support
Russian president Vladimir Putin has placated tension between VW Group and the Russian Ministry of Industry and Trade by promising the carmaker a special investment contract (Spic) and access to additional state support if it goes ahead with plans to increase production in the country. The carmaker is ready to ...
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ArticleToyota and Kenworth unveil fuel-cell truck at port of LA
Toyota and Kenworth Trucks have unveiled their jointly developed heavy-duty, fuel-cell truck at an event held at the port of Los Angeles. The companies will deploy ten such trucks to move freight received at the port, and at the neighbouring port of Long Beach, throughout the LA basin. Four of ...
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ArticleExpress rail deliveries increase along Silk Road
Since it was first announced by China’s president Xi Jinping in 2013, the comprehensive international trade and infrastructure plan now known as the Belt and Road Initiative has quickly crossed a number of milestones in its development of services by land and sea. Currently around 65 countries are involved (152 ...
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ArticleDrewry warns of Trump trade tariffs
Proposed US automotive tariffs would have a negative impact on east-west trade routes as American imports of finished vehicles and automotive parts would likely decrease in 2020 and 2021, according to a white paper published last week by Drewry. Specialist car carriers and leading container lines will suffer, along with ...