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ArticleA Russian market close to catastrophe
One year since Russia invaded Ukraine the consequent sanctions taken by global companies combined with the exodus of European businesses have shattered the manufacturing base
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News
Russia pins hopes on electric future as carmakers continue exodus
As foreign carmakers continue to cut ties with Russia the country is finding it hard to secure parts for nationalised production and is now looking at EV investment as a strategy to rebuild
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Analysis
Parts suppliers need to understand rules of origin
Parts suppliers in the UK need to understand a few priorities about the rules of origin by the end of this year if they are to correctly assess the tariffs that will be applied
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News
Ford to export Transit Custom diesel engines from UK to Turkey
Ford has announced its engine plant in Dagenham, UK will export diesel engines for the next generation of Ford Transit Custom vans built in Turkey.
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News
Honda global operations hit by ransomware attack
Honda has confirmed that its IT network was subject to a cyber-attack on Monday last week (June 8) that hit production, sales and development activities, including customer and financial service operations…
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News
Maersk offers weekly rail service from China to Turkey
Maersk has set up a weekly rail service running between Turkey and China which it said stands to benefit the automotive and industrial sectors..
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News
VW halts plans for Turkish plant following Syrian offensive
Volkswagen has confirmed this week that it is putting plans for an assembly plant in Turkey on hold following the country’s military campaign in Syria. “The decision for the new factory has been postponed by the Board of Management of Volkswagen AG,” said the carmaker in ...
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News
Turkish automotive exports to Russia on the rise
MIMS AutoMechanika Turkey is set to increase automotive exports to Russia over the next several years under the upcoming trade liberalisation arrangement between the two countries. Speaking during the recent MIMS Automechanika Moscow Fair, Orhan Sabuncu, vice-chairman of the Uludağ Automotive Industry Exporters Association (OİB), ...
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Article
Trust in Turkey: How exports are carrying the country through its economic crisis
Turkey faces some difficult economic headwinds that have already impacted on its automotive industry. But there are still several reasons for optimism, especially the country’s strength as a vehicle export hub with easy access to the European market
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Article
Volvo starts shipments to Europe from Ridgeville
Volvo has started shipping S60 sedans to Europe from the US, six months after beginning production at its $1.1 billion assembly plant in Ridgeville, near Charleston, South Carolina.“Export markets are critical to the long-term success of our plant and we’re on track to deliver vehicles to our customers worldwide,” said ...
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Article
UK's relevance to Honda in doubt after Swindon closure
The long-term impact on the UK automotive supply chain of Honda’s decision to end production at its Swindon plant will take some time to assess, but the carmaker has admitted that Honda of the UK Manufacturing’s current role as a global manufacturing hub “may no longer be viable”. Despite assurances ...
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Article
Turkish exports bolster falling domestic sales
Turkey’s automotive industry had a mixed year in 2018. Sales in its domestic market for passenger vehicles and light commercial vehicles (LCVs) were down by 35%, according to the Automotive Distributors Association (ODD), at 621,000 compared to 956,000 in 2017.According to Turkey’s Automotive Manufacturers’ Association (OSD), production of passenger cars, ...
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Article
Hanging in the balance
Lower production output, slower growth in export markets and several regulatory and operational issues are threatening to unbalance Poland’s finished vehicle market
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Article
Stepping 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 ...
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Article
Russians drop US dollar for components purchases
Russian Trade and Industry minister Denis Manturov (pictured) has revealed that many Russian automotive manufacturers are increasingly using national currencies, rather than the US dollar, to pay for imported components. The move has been prompted by recent US sanctions on Russia. Several companies have so far announced the policy, trade ...
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Article
Standoff between the US and Turkey raises questions for OEMs
The collapse in the value of the Turkish lira and the political stand-off between Turkey and the US have some potentially serious consequences for the continued growth of the automotive sector in the country.Car and light van production in Turkey has grown steadily in recent years, to around 1.4-1.5m vehicles ...
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Article
DHL Freight opens warehouse in Manisa
DHL Freight has opened a logistics warehouse at Manisa Industrial Park, near the Turkish city of Izmir, in response to what it said was a growing demand for services in the country. "Manisa is not only home to one of the first logistics parks in Turkey, it is also an ...
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Article
Turkish exports continue to rise
Turkey’s automotive exports have risen 17% so far this year to reach a value of $13.9 billion, fresh figures from the Uludağ Automotive Industry Exporters' Association (OİB) have shown. In May – the country’s 28th month of continuous automotive export growth – automotive exports were worth $2.8 billion, up 8% ...
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Article
Trusting the market will stay afloat
European vehicle-handling ports saw growth in vehicle vehicle volumes in 2017, however geo-political worries – not least Brexit – is causing concerns. Ports continue to invest but there are worries over future volumes and capacity levels.
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Article
DFDS takes over Turkish ocean forwarder U.N. Ro-Ro
Danish shipping and logistics group DFDS has bought a majority 99% stake in U.N. Ro-Ro, Turkey's largest operator of ocean-going ro-ro freight vessels for €950m ($1.2 billion). U.N Ro-Ro was previously owned by Turkish private equity companies Actera and Esas.DFDS said the purchase would make it a major player in ...
