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ArticleStepping up the pace
When Groupe PSA bought Opel/Vauxhall from GM in 2017 for €2.2 billion ($2.33 billion), Gefco was already providing logistics services for it. Then, when Opel/Vauxhall renewed its contract for fourth-party logistics (4PL) services with Gefco in October 2018 for a further four years, Gefco was tasked with finding further cost ...
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ArticleGefco buys GLT to strengthen service between Morocco and Europe
Gefco has bought Moroccan road haulage company GLT for an undisclosed sum in a move designed to strengthen its service between Europe and Morocco, including for the automotive industry. Gefco’s division in Spain will own and manage GLT.GLT has been operating as a specialist in logistics flows through the strait ...
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ArticlePSA to assemble pick-up trucks in Tunisia for local market
PSA Group has announced a deal with its long-term partner in Tunisia, STAFIM, to assemble and sell a Peugeot pick-up truck in the North African country.The French carmaker said the assembly plant would start operations in mid-2018 and produce about 1,200 vehicles a year for the Tunisian market. PSA generates ...