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Tier suppliers – Page 30
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ArticleOpportunities grow as China opens its market
China is committed to opening its market to global competition, as shown by the announcement last week that it will lower import tariffs and remove a two-decade old regulation restricting foreign carmakers to making cars there only as part of a joint venture with a Chinese company. And according to ...
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ArticleFinalists for Automotive Logistics Awards – Europe 2018 revealed
The shortlist of finalists for the inaugural Automotive Logistics Awards – Europe has been revealed, with 73 entries competing in 14 different categories. The shortlist forms a cross-section of the industry’s leading carmakers, suppliers and logistics providers (see the full list of finalists here).The finalists were chosen from a large ...
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ArticleVW cancels contracts with Prevent Group after supply problems
Volkswagen has cancelled the majority of its contracts with parts and material supplier Prevent Group following a series of supply problems affecting production in Brazil between 2015 and 2016. The carmaker said the problems had cost it a total of €250m ($307m).Since the 1990s, Prevent Group, based in Bosnia, has ...
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ArticleSiemens to boost 3D printing in UK
German technology and engineering giant Siemens plans to more than treble 3D printing hardware at its British operation, Materials Solutions in Worcester, opening up the possibility of serial production of printed parts.The company is investing £27m ($38.3m) in a new building, due to open in September, that will let Materials ...
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ArticleACEA warns of assembly line stoppages after Brexit
Whole production lines could come to halt in the automotive industry, if customs checks are introduced after Britain leaves the EU, the European Automobile Manufacturers’ Association (ACEA) has warned.The sector body issued its warning ahead of a summit on March 22nd at which EU leaders (minus the UK), are expected ...
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ArticleRussia seeks to revive vehicle assembly in Syria
Russian companies are considering starting up a number of automotive assembly plants in Syria, Vladimir Padalko, the vice-president of the Russian Trade and Industry Chamber, has revealed.Speaking at the Russia-Syria Investment Forum in Moscow recently, he said the idea of setting up assembly of finished vehicles there by Russian companies ...
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ArticleDana and GKN to combine powertrain operations
US tier one supplier Dana and British engineering company GKN have agreed to bring their two powertrain businesses together in a $6.1 billion deal.Dana and GKN said the combined business, which had pro forma sales of $13.4 billion last year, would be the global leader in vehicle drive systems across ...
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ArticleArconic-Köfém starts work on new wheel plant
Arconic-Köfém has broken ground on a €105m ($130m) truck wheel factory in Székesfehérvár, Hungary. Operations are scheduled to begin at the end of 2019 and the new factory should create around 200 jobs.The new plant will allow parent company Arconic to double its production capacity, over time, of European-made forged ...
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ArticleSchick to lead Schaeffler's production, logistics and purchasing from next month
Andreas Schick is to become chief operating officer (COO) at the supplier of components and systems for engines, transmissions and chassis. From April 1st, Schick will replace Oliver Jung, who has decided to leave the company after ten years.“With the appointment of Andreas Schick we have again promoted an internal ...
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ArticleTrump’s tariffs condemned at home and abroad
Automotive industry players, from parts makers through OEMs to dealers, have been unanimous in their condemnation of President Donald Trump’s proposed tariffs on steel and aluminium.If implemented, the duties could lead to more expensive components and vehicles, less investment in new products and car plants, and the loss of jobs ...
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ArticleContinental to build seventh factory in Hungary
Tier one parts manufacturer Continental is to construct a plant in Hungary to expand its presence in the country and its overall production of sensors, actuators and transmission control units.The ground-breaking ceremony at a greenfield site in Debrecen is scheduled for the third quarter of this year, with the German ...
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ArticleKrone opens new spare parts DC in Germany
Krone Commercial Vehicle Group has opened a central logistics centre in Herzlake, about 35km from the Dutch border in north-west Germany, to meet current and future demand for spare parts from the commercial vehicle sector.The new distribution centre (DC) expands the service offering to customers throughout Europe and is a ...
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ArticleHella plans mini-load facility in China
Automotive lighting system and electronic equipment producer Hella has announced it will be adding a warehouse to its base in Shanghai to bolster operations in China.The new unit will be an automated, six-aisle mini-load based facility with seven workstations and around 120,000 storage locations for inbound and outbound small parts, ...
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ArticleEC fines shippers and parts suppliers for price-fixing
The European Commission has issued fines for price-fixing totalling €546m ($668.7m) to a group of four shipping companies handling finished vehicles and, in three further cases, three tier suppliers of spark plugs and braking systems.Four of the major providers of ocean services to the automotive and commercial machinery sectors were ...
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ArticleFaurecia to set up third plant in Missouri
French automotive parts maker Faurecia is building a new interiors production factory in Blue Springs, Missouri. Production of door panels and instrument panels is slated to begin later this year, ramping up to full production by the end of 2020.The new US plant will cost more than $60m to establish ...
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ArticleGestamp plans joint venture plant in Morocco
Spanish automotive parts manufacturer Gestamp has signed a joint venture agreement with Moroccan components manufacturer Tuyauto to set up a factory in the north African country.The companies plan to build the plant in the Kenitra free trade zone, next to the car assembly factory PSA is building there. Other key ...
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ArticleThink macro, not micro
Modern consumer habits are constantly changing. As technology evolves and demand increases, supply chain managers face new challenges, as they attempt to compete on a global level.In the automotive industry, in particular, where production is highly time-sensitive, operations must be streamlined to drive productivity and meet demand. Traditional supply chain ...
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ArticleBridgestone launches sustainable procurement policy
Tyre manufacturer Bridgestone has introduced a global sustainable procurement policy to ensure compliance with environmental laws and regulations, respect for human rights and other considerations.The guidelines, announced on February 5th, are applicable to all purchased materials and services and to all suppliers globally, the Japanese company said. The policy will ...
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ArticleBosch and MAN win VDA award
Robert Bosch and MAN Truck & Bus have been announced as dual winners of this year’s VDA Logistics Award, with digital logistics solutions in intra-logistics and empty container scheduling, respectively. It is the first time the award has been shared between two companies. The award, from two of the country’s ...
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ArticleMexico conference: Uncertainty well-balanced with optimism
While a degree of uncertainty over the future of free trade between Mexico and its Nafta neighbours to the north once again hung over discussions at this year’s Automotive Logistics Mexico conference, it was more than matched by confidence in the future of the automotive sector. That confidence is being ...