Tier suppliers – Page 20
-
NewsVitesco Technologies to supply electric axle drives to PSA and Hyundai
Industry newcomer Vitesco Technologies has signed accords with carmakers Groupe PSA and Hyundai to provide what it said is the first fully integrated, electric axle drive system for volume-production models. “The agreement with two leading OEMs highlights Vitesco Technologies’ position as a pioneer of intelligent customised solutions ...
-
NewsGM strike brings widespread disruption to US supply chain
Month-long strike action taken by GM workers is costing the carmaker dearly and is now impacting the inbound and outbound supply chains across North America
-
ArticleSuppliers will face squeeze as OEMs push to meet EU CO2 targets
As carmakers strive to reach the more stringent CO2 emissions targets being phased in across the EU next year, we predict that many are likely to put more pressure on their supply base to help reduce emissions
-
ArticleHunkering in a bunker for Brexit
I type this surrounded by tins of baked beans, a stack of chocolate bars and a few bottles of merlot – not my usual ‘writing supplies’ (although, close), but the contents of my Brexit bunker in which I am waiting for the end of life as we know it. For it’s slightly over a month to go before the UK is due to leave the EU and what will happen next is still unclear. Deal? No deal? Riots in the streets? Right now, it is anyone’s guess…
-
ArticleOEMs’ profit strategies today could hurt them tomorrow
Ahead of stringent EU emissions targets starting in 2020, some carmakers are pursuing strategies that actually go against what they will ultimately need to do to reduce hefty fines. This makes sense – but only for now
-
ArticleEU fines and electric future not entirely in the hands of OEMs
In the face of government and citizens’ rising concern over climate change, vehicle emission regulations around the world are tightening, especially in Europe. In our latest business intelligence report, we forecast that carmakers will face hefty fines under tightening vehicle emission targets, driven largely by factors outside their control.
-
ArticleOpportunities ahead for automotive OEMs and tier suppliers
The downturn in automotive sales volume creates many challenges, but the transitional state of the industry also provides many business opportunities, according to a forecast and report from Ultima Media.
-
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.
-
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.
-
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 ...
-
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.
-
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.
-
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.
-
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 ...
-
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 59 years old.
-
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.
-
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
-
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…
-
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…
-
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 ...