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All articles by zoeapostolides – Page 3
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ArticleGM could increase exports to Australia
General Motors has confirmed it is considering increasing exports of finished vehicles built in South Korea to Australia.The carmaker has said that potential exports would help boost production declines, following Chevrolet’s decision to pull the brand off the European market but a spokesperson for GM Korea said the company was ...
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ArticleSaleen partners with GreenTech for Chinese distribution
American speciality manufacturer Saleen Automotive has announced an agreement with GreenTech Automotive, in a project designed to distribute Saleen cars in China. Under the agreement, Saleen will be providing GreenTech with its full range of vehicles ready for distribution to the Chinese market. The partnership is expected to create a ...
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ArticleALD Automotive expands carrier fleet
UK-based fleet management operator ALD Automotive has said that it plans to expand its fleet size to over 100,000 vehicles during the course of 2014. The planned expansion ALD’s fourth consecutive year of growth in 2013, with its total fleet size standing at more than 97,000 carriers: a growth rate ...
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ArticleUK auto industry receives £45m funding boost
UK Business Secretary Vince Cable announced the implementation of government-backed funding this week for the country’s automotive sector. The Advanced Manufacturing Supply Chain Initiative (AMSCI) funding will be worth £45.5m ($76.9m) and will go towards building the networks and capabilities of UK-based suppliers. The AMSCI is a competition run by ...
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ArticleDB extends Eco Plus service for BMW
DB Schenker Rail has added a further route to its Eco Plus transport service for BMW in Germany. The service, which uses energy from renewable sources to drive traction, was first taken up by the carmaker last year for component shipments from Frankfurt to its plants in Regensburg and Landshut. ...
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ArticleTesla to invest $5 billion in southern US electric battery plant
Electric carmaker Tesla Motors has announced plans to invest $5 billion in a car battery plant in an as-yet undecided location in a southern US state.“In cooperation with strategic battery manufacturing partners, we’re planning to build a large scale factory that will allow us to achieve economies of scale and ...
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ArticleRoadrunner announces acquisition of Rich Logistics
US freight forwarder Roadrunner Transportation Systems has announced its acquisition of Rich Logistics, which provides trucking and expedited services. Roadrunner, which declared revenues of around $113m in 2013, managed to acquire the total purchase for an estimated $48m, with money reportedly borrowed under the logistics provider’s credit facility. It operates ...
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ArticleAnji Automotive develops Shandong headquarters
Anji Automotive Logistics has signed an agreement with Yantai Economic and Technological Development Zone in Shandong province, China to build an intermodal logistics hub for finished vehicles.The company is investing RMB 300m ($49m) in the project, which will include port, rail and road links, with work set to begin in ...
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ArticleSpare parts to keep the wheels turning
Rising competition has pushed OEMs to speed up spare parts delivery, but are they striking the right balance between service, inventory and cost? There is no such thing as a risk-proof spare parts operation. Despite supply systems that are more robust and reliable in dealer orders and delivery than a ...
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ArticleHonda opens Celaya plant in Mexico
This article has been amended since publication on 26th February to include additional comment from Dennis Manns, Honda’s vice president of logistics and sales planning. Honda unveiled the latest development in its expansion projects for Mexico last Friday (February 21st) with the opening of its new $800m plant in Celaya. ...
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ArticleMazda officially opens Salamanca plant in Mexico
Mazda’s new assembly plant in Salamanca, Mexico, will open officially on Thursday this week, in a move that will significantly boost the OEM’s shipping capacities to the US market. The new facility will offer the company a low-cost production base from which the OEM can operate in Mexico, already one ...
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ArticlePhilippine tariffs on Japanese parts cut to zero
In a move that will affect logistics providers operating in the ASEAN region and beyond, it has been announced that Philippine tariffs on Japanese-made car parts have been cut to zero. The decision, which takes place with immediate affect, will see tariffs reduced for a variety of products, one of ...
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ArticleExports of cars and parts from South Korea set to rise
[sam_ad id=6 codes='true']The Korea Automobile Manufacturers Association (KAMA) has released data indicating that South Korea’s exports of finished vehicles and automotive parts is expected to soar over the coming year in response to increasing global demand for domestic brands. The Port of Busan, in South KoreaIn a report issued last ...
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ArticleUlbrich is new VW board member for production and logistics
The Volkswagen Group has announced its appointment of Thomas Ulbrich, a veteran logistics executive, as board member responsible for production and logistics at Volkswagen Passenger Cars. He succeeds Dr Hubert Waltl, who will take up a post as board member for production at Audi. These changes will both come into ...
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ArticleMunich-based BMW logistics centre sold to private firm
A BMW logistics centre near Munich has been sold to a private consortium for €44m ($60m). The centre had previously been owned by IM Properties, one of the UK’s largest privately owned property companies.The centre, located in Niederaichbach, is 98,500 square metres and used by BWM for parts distribution purposes. ...
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ArticleFisker sale to Wanxiang Corporation confirmed
After almost two years of bidding, Fisker Automotive has formally announced its acquisition by the Wanxiang American Coporation. The automotive parts manufacturer emerged as the highest bidder, investing $149.2m to secure the group, which declared bankruptcy in November of last year. The final decision was announced earlier this week, as ...
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ArticleDB Schenker extends Moroccan networks to Europe
German logistics provider DB Schenker has announced an upgrade in its North African operations, to better facilitate logistics networks between Europe and Morocco. The group has invested in improvements at its branches in Tangier and Casablanca, through the national company Schenker Maroc, which will oversee daily operations with the company’s ...
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ArticleTNT announces improved Q4 results and reorganisation
TNT Express has reported improvements to its business in the fourth quarter of last year, swinging back into profit for the quarter despite lower revenues. The company saw its profits fall for the full year 2013, but plans to accelerate its cost-cutting initiatives and reorganise its domestic and international logistics ...
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ArticleUnipart wins second contract with Toyota in India
Unipart has announced the acquisition of an additional contract with Toyota for the distribution of aftermarket parts in India, the second of its kind in the country following a contract with the carmaker that Unipart began in March, 2012 at its Bangalore site.Unipart will now also manage distribution operations for ...
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ArticleHorizon International appoints Tony Leach as SCM manager
Horizon International Cargo, an independent freight forwarder and logistics provider, has announced the appointment of Tony Leach (left) as manager of supply chain development. Leach will work alongside clients in Horizon’s automotive and component manufacturing sectors. He joined Horizon in December 2012 and has since been delivering new logistics products ...