UK car production rises on strength of new model launches
British car manufacturing grew 3.5% in the first half of 2014, with new model introductions and export demand driving output to 790,000 units.
Coverage tagged Supply chain.
Page 2 of 3
British car manufacturing grew 3.5% in the first half of 2014, with new model introductions and export demand driving output to 790,000 units.
A shattered Brembo brake disc sent Lewis Hamilton into the barriers during German GP qualifying, leaving Mercedes furious and forcing a last-minute switch for race day.
Tesla is assessing locations in five US states for a massive battery factory, with Nevada, Arizona, New Mexico, Texas and California all under consideration.
A white Mercedes-Benz SLS AMG was declared a total loss after its container plunged into the Rio de la Plata en route to Buenos Aires in 2013.
Ford’s switch to aluminium for the F-150 has triggered a rush among global aluminium suppliers to secure a place in the rapidly expanding automotive market.
Across Europe and North America, unsold new cars accumulate in huge storage compounds as manufacturers balance production, pricing and market demand after the 2008 financial crisis.
With Honda and Mazda opening new plants and major investment from Volkswagen to Chrysler, Mexico’s car output is set to approach 4.5 million units by 2020.
BMW and SGL Carbon are preparing to expand joint carbon fibre production to 6,000 tonnes annually, backed by over €100 million investment, to meet rising demand for lightweight materials.
Rising demand for high-performance braking systems and a surging share price have pushed Brembo’s chairman Alberto Bombassei’s net worth past the billion-dollar mark.
BMW commits £750 million to UK MINI production, increasing local supplier content and introducing new engines at Oxford, Swindon and Hams Hall sites.
The Center for Automotive Research in Ann Arbor has secured $1.5 million in federal funding to advance the use of agricultural materials in automotive manufacturing, with benefits expected across 22 Michigan counties.
Nissan, Honda and other Japanese manufacturers are shifting more sourcing to Chinese suppliers to lower costs and compete with domestic rivals in China’s booming entry-level car market.
Thirteen new Mercedes-Benz vehicles at a Tonbridge dealership were left without wheels after thieves broke into a secure facility and removed alloys worth £18,000.
The French group’s new Qingdao facility will double its automotive glass output in China, supplying window films and backsheets for the region’s growing vehicle market.
Toyota filed a lawsuit against a former contract programmer, alleging he sabotaged its supplier computer network and accessed confidential data after his dismissal in August 2012.
Mercedes, Ferrari and Renault have begun running complete turbo V6 engines for 2014 as Cosworth and PURE exit the Formula One supplier race.
With six European refineries closed in 2012, jet fuel imports from Asia and the Middle East are set to hit 1.9 million tonnes, the highest since March 2011.
A key resin shortage triggered by a German plant explosion forces carmakers and suppliers to seek urgent substitutes for nylon-12, threatening production lines worldwide.
Japanese giant Bridgestone will build a new factory in Rayong, Thailand, with a projected capacity of 85 tonnes per day by 2019 to supply tyres for construction and mining machinery.
Thai car production is forecast to rebound sharply in 2012, with the Federation of Thai Industries expecting output to hit two million vehicles after last year’s flood-induced slump.
Severe flooding in Thailand has halted Honda production and left many local dealers facing prolonged disruption, threatening their financial survival.
Merck’s Onahama facility, the world’s only source of Xirallic paint pigment, has resumed production less than two months after the March 2011 earthquake halted supply to automakers.
Standard & Poor’s has revised its outlook to negative for Toyota, Honda, Nissan and three major suppliers, citing ongoing production stoppages following Japan’s 2011 earthquake and tsunami.
Production halts continue at Honda, Toyota, Nissan and Mazda as supply chain disruptions and damage assessments deepen, with global manufacturers bracing for knock-on effects.