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Tier suppliers – Page 24
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ArticleGreater expectations: brighter days will return for the automotive industry
Although automotive OEMs will face years of stagnant vehicle sales, a stronger recovery thereafter will bring growth back up to long run averages and herald a return to stronger profits. By then, however, the industry is likely to have undergone further consolidation.
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ArticleReport: Climate Change vs. Carmakers
In our second report from Ultima Media’s automotive business intelligence team, we focus on climate change mitigation policies around the world with a particular focus on the most stringent and imminent EU CO2 emissions targets predicting the financial consequences of the legislation upon the OEMs, the impact upon the wider supply chain and the opportunities that arise from the legislation.
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ArticleIndustry waits for USMCA to be finalised
In North America a lot of investment is on hold as companies wait to see whether the US-Mexico-Canada trade agreement (USMCA) is finally approved by Congress in October. Conflicting ideologies in the US and Mexico are causing some concern about whether that will actually happen, as delegates ...
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ArticleTrade wars compound economic risks for automotive supply chain
The impact on tariffs and especially of uncertainty in key trading regions including the US, China and Europe are having real impacts on the automotive supply chain, according to a new report by Automotive from Ultima Media’s new business intelligence unit.
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ArticleAuto industry faces lengthy decline in sales
Global new vehicle sales could face years of falls or stagnation, hurting OEM profits and putting pressure on the supply chain, according to a forecast by Automotive from Ultima Media’s new business intelligence unit.
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ArticleReport: Automotive headwinds align into a perfect storm
Ultima Media’s new business intelligence team forecasts global vehicle sales by powertrain over the next decade, with analysis of the trends reshaping the automotive industry and supply chain.
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NewsHyundai Mobis retains Carousel as logistics provider
Automotive parts manufacturer, Hyundai Mobis Parts Europe, has renewed its contract with Carousel Logistics to cover last-mile deliveries and vehicle-off-road (VOR) orders across the Republic of Ireland The arrangement includes Carousel collecting genuine parts and accessories by road each day from Hyundai Mobis’ UK distribution centre ...
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ArticleIndustry suffers blow with loss of Michael Druml, head of Magna Europe supply chain and purchasing
Michael Druml, an influential supply chain management executive who played a major role in the logistics, supply chain and purchasing operations for divisions of Daimler and later Magna, died suddenly this week. He was 60 years old.
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ArticleShifting sands of time: The changing nature of Saudi Arabia’s automotive industry
Changes to social and economic conditions, including the recent removal of a ban on female drivers, could give a welcome boost to the automotive industry in Saudi Arabia.
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NewsRussian trade ministry proposes record-breaking state aid for parts suppliers
Russia’s Industry and Trade Ministry is proposing to fund the country’s automotive parts suppliers with a bailout package worth $3 billion to secure supply in the face of US sanctions
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ArticleWhy the UK’s aim to be a world leader in EVs is nothing but a dream
We haven’t yet heard from members of the UK’s new, Boris Johnson government on its vision for EVs, but every time a member of Theresa May’s government spoke about the car industry, you were almost guaranteed to hear them say that the UK was going to be a world leader in electric vehicles (EVs). The idea is, in fact, laughable…
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NewsNippon Express expands footprint in Morocco
Logistics provider Nippon Express France has opened a second operation in Morocco, a logistics centre in the port of Tangiers…
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NewsVW Group Components supply network supports ID.3 assembly
Volkswagen Group Components, a relative newcomer within the German OEM’s corporate structure, is manufacturing numerous parts for the production of VW’s ID.3 electric vehicle. Pre-series production of the new EV has begun at the Volkswagen plant in Zwickau, which will be relying on a supply chain linking other VW factories ...
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NewsRise of smart cars heralds supply chain disruption, says Alliance’s Mark Sutcliffe
Despite the fact that global total industry volume (TIV) is likely to drop by 7% or 8% this year, longer term growth is forecast to be huge, said Mark Sutcliffe, senior vice president of industrial strategy and supply chain management (SCM) at the Renault-Nissan-Mitsubishi (RNM) Alliance…
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ArticleRunning out of juice – will demand for battery materials outstrip supply?
As OEMs accelerate their EV programmes, there is growing concern that demand for battery materials will outstrip supply. Gavin du Venage considers the risks
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NewsDeal or no deal, the UK auto industry needs to invest now
The best way for OEMs to prepare for Brexit is to act like it has already happened, delegates were told at the Automotive Logistics Global conference in Munich, this week. Christoph Stürmer, Autofacts Global lead analyst, PWC, revealed that vehicle production in the UK is down 21% ...
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NewsKasai UK looks for new customers amid changing markets
The British arm of Japanese component manufacturer Kasai is seeking to expand its client base to reduce reliance on two key customers, Honda and Nissan. Honda plans to stop producing cars in Britain in 2021. Kasai’s RTek facility in Washington, UK Declining demand for diesel cars, a ...
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NewsMMK to build steel production and logistics facility in Togliatti
Russian materials supplier, Magnitogorsk Iron and Steel Works (MMK), is building a 1.2 billion rouble ($18.4m) production and logistics facility in Togliatti following a deal signed with local government. The company said it was building the new plant because of high demand by the automotive industry for its metal products ...
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AnalysisA special case: how Russia hopes to boost local production with investment contracts
Russia is attempting to boost tier supplier capacity via contracts with OEMs and logistics subsidies for parts makers, but it is unclear how successful this will be
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ArticleDelivering a smarter factory
Magna Steyr’s vehicle assembly plant in the Austrian city of Graz is not a typical automotive factory; the site, which in 2018 brought its cumulative total production tally to 3.5m vehicles, produces vehicles under contract for OEMs such as Daimler, BMW and Jaguar Land Rover. Efficiency is important in any ...