Hyundai-Kia expands contract with car carrier Eukor to five years and strengthens presence in Asia Eukor has succesfully extended the terms of its contract to ship Hyundai and Kia vehicles from Korea as well as adding extra trade from China. Marcus Williams
LG Chem secures lithium supply in North America with Piedmont deal LG Chem has signed an agreement with American mining company Piedmont Lithium for the supply of spodumene concentrate, which is used to extract lithium. Marcus Williams
Kyoo Bok Lee takes over as head of Hyundai Glovis Hyundai Glovis, the logistics arm of Hyundai Kia, has appointed Kyoo Bok Lee as its new president and CEO, replacing Jung-Hoon Kim, who has moved to an advisory role at the company. Marcus Williams
Hyundai Mobis parts centre will feature autonomous logistics Parts supplier Hyundai Mobis is building a $72m parts distribution centre (PDC) in Gyeongju, South Korea that will handle electric vehicle battery systems and service parts for distribution to Hyundai and Kia service centres throughout the country. Marcus Williams
Renault to partner with Geely on hybrid vehicles in China and South Korea Renault has agreed a framework with Geely to share production and supply chains for hybrid vehicles in Asia, including using Geely plants in China and localising Lynk & Co platforms in South Korea. Christopher Ludwig
GM and LG Chem lead the charge in US with Lordstown battery plant General Motors (GM) and LG Chem of South Korea are to construct an assembly plant to mass produce battery cells and support the production of GM’s battery-electric vehicles (Bevs)… Steve Garnsey
Brexit 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 Steve Garnsey
