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All Tier suppliers articles – Page 32
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ArticleLear to build just-in-time seat facility in Flint to supply local GM plant
Seat and electrics supplier, Lear Corporation, plans to build a manufacturing facility in Flint, Michigan to supply seats on a just-in-time basis to General Motors’ local assembly plant.Lear, which did not disclose the size of the investment, will begin construction of the 14,865 sq.m facility this autumn at the former ...
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ArticleTrump suggests Nafta renegotiation is likely to lead to US withdrawal
Just a week after the formal renegotiation of the North American Free Trade Agreement (Nafta) began, US president Donald Trump has suggested the US is likely to pull out of the arrangement.Speaking after the first round of talks about the two-decade-plus accord that many carmakers’ supply chains currently rely on, ...
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ArticleUK proposes retaining free-flowing customs system after Brexit
In a position paper released this week, the UK government has proposed an interim arrangement after the Brexit cut-off date in 2019 that would see the country continue to operate under the EU Customs Union until a new trade deal between the parties is negotiated.“The approaches we are setting out ...
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ArticleFoxconn confirms it is considering Michigan investment
Foxconn Technology Group, the world’s largest contract electronics manufacturer by revenue, has confirmed it is considering Michigan in the US as another investment location – just weeks after announcing a major project in the state of Wisconsin.The South China Morning Post recently reported that the Taiwan-based company was considering growing ...
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ArticleUkraine’s automotive industry on its way to a revival
Ukraine’s automotive market is building on the recovery that started at the end of last year, when the three-year slump in the passenger car market levelled off and a rebound began. Latest figures show that in the first half of 2017, the number of cars sold there rose 36% to ...
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ArticleMichael Silvio moves to head Logistics Innovation unit at Surgere
Michael Silvio has moved from his role as senior director of supply chain management at tier one supplier, Cooper Standard Automotive, to take up a newly created position as vice-president of logistics innovation at packaging management and supply chain intelligence provider, Surgere. Cooper Standard has yet to announce a replacement ...
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ArticleFurther stark warnings issued over impact of Brexit on UK automotive sector
The UK’s Society of Motor Manufacturers and Traders (SMMT) has warned that a sudden exit from the European Union in 2019 could knock the country’s production rate back to 2016 levels.Its warning was issued in the same week as separate analysis highlighting the risk of cost increases for the aftermarket ...
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ArticleKeeping taxes and duties in mind
For so many businesses, success can be attributed to how effectively the supply chain is managed and its impact on growth, costs and profitability. So many aspects including overall cost, supplier sourcing, manufacturing strategies and distribution network structure are impacted by the accelerating globalisation of business combined with taxes and ...
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ArticleBo Andersson named as president of Yazaki Europe
Bo Andersson (pictured) has replaced Horst Rudolph as president of parts supplier, Yazaki Europe. The former CEO at Russian carmaker Avtovaz officially took on the role in mid-July.Amongst its products, Japan-headquartered Yazaki says it is the world’s largest producer of wiring harnesses.Last year, Andersson stepped down as CEO at Avtovaz, ...
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ArticleReport warns of costs and jobs threat from border adjustment tax
A new report by the Boston Consulting Group has estimated a border adjustment tax, encapsulated within the broader corporate tax reform being pursued by US politicians, would result in US carmakers and suppliers paying $34 billion in annual import taxes while recouping only just over a third of that on ...
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ArticleUK to invest in battery technology as it targets 2040 diesel and petrol ban
UK business and energy secretary Greg Clark (pictured) has announced the first phase of a £246m ($320m) government investment in battery technology in the country. Known as the Faraday Challenge, the four-year investment round is a part of the government’s Industrial Strategy.The investment was revealed just a day before the ...
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ArticleShift in powertrains drives strong growth in battery production
Production of lithium-ion batteries, like these ones at Nissan's Smyrna Vehicle Assembly Plant, looks set to soarAccelerating growth in electric and hybrid vehicle production is opening up a range of new supply chains across all areas of the automotive industry – not least in battery cell production.With vehicle manufacturers ...
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ArticleLiberty House buys parts supplier Amtek UK out of administration
Liberty House has acquired the assets of manufacturer Amtek Aluminium Castings and King Automotive Systems (Amtek UK) from administrators PWC in a rescue deal for an undisclosed sum.Amtek UK, a cast aluminium engine and components supplier to carmakers, has two plants in the West Midlands and one at Witham, in ...
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ArticleDigitalisation: for better or for worse, you can't just ignore it
Disruption or continuous improvement? That is the question over what digitalisation, autonomy and electrification will do to automotive logistics. Will new players swipe away older ones as though deleting undesirables on an app, or will technology improve efficiency and customer reach?The stock market drives the bleaker outlook for some. With ...
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ArticleNew UK customs system may not be ready in time for Brexit
The UK Audit Office has warned in a report this week that while progress has been made in designing and developing the new Customs Declaration Service (CDS), there is a risk its full functionality and scope will not be in place by the time the UK leaves the EU in ...
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ArticleNafta document shows US wants to retain tariff-free trade
A summary of the US’s objectives in upcoming negotiations over the North American Free Trade Agreement (Nafta) has highlighted a clear desire to retain tariff-free trade arrangements with Canada and Mexico.Though the summary highlights a reduction of the country’s two large trade deficits with its North American partners as the ...
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ArticleDifferent digital paces
The headline above might well have read ‘industry and logistics 4.0’, ‘the industrial internet of things’, ‘factories of the future’, ‘smart supply chains’ or ‘manufacturing 2025’.Or we might have turned to one of a growing number of acronyms used to outline the car industry’s future, like Mercedes-Benz Car’s CASE or ...
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ArticleMichelin opens £10m distribution centre in Stoke-on-Trent
Michelin has opened its £10m European distribution centre (EDC) in Stoke-on-Trent in the UK.The 53,500 sq.m facility, which will also host a national distribution centre (NDC) for Michelin’s tyre service company, ATS Euromaster, has been redeveloped to include 26 loading bays.Together, the two sites can handle more than 5m tyres ...
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ArticleEU-Japan trade deal dubbed a ‘positive signal’ for automotive sector
An economic partnership agreed in principle between EU and Japan that would see duties removed on a large amount of goods traded between two regions has been welcomed by the European Automobile Manufacturers' Association (ACEA).Significantly, the agreement – which covers goods accounting for a third of global GDP – has ...
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ArticlePSA uses helicopters to circumnavigate blockade
Groupe PSA was forced to use helicopters to transport parts to its car plants in France last week, after workers from financially troubled parts supplier GM&S, which is in receivership, travelled 200km from their base in La Souterraine to block access to PSA’s parts factory in Sept-Fons.A spokesman for the ...