Automotive companies on both sides of the U.S.-Mexico border could feel the most pain if President-elect Donald Trump moves forward with his proposed 25% tariffs on all imports from Canada and Mexico once he takes office Jan. 20.
A 25% tariff imposed on parts and vehicles coming from Canada and Mexico to the U.S. would “break the entire system” of the North American automotive supply chain, said John Lash, group vice president of product strategy at e2open.
Austin, Texas-based e2open is a...
Mexican authorities said they are on track to produce and export a record number of passenger vehicles and pickup trucks in 2024.
From January through November, auto factories in Mexico produced 3.7 million units, a 5.6% year-over-year increase, according to data released Friday from the National Institute of Statistics and Geography (INEGI).
Pickup trucks accounted for 76% of total vehicles produced at Mexican auto factories during the first 11 months of the year, INEGI said.
Vehicles exported...
https://www.freightwaves.com/news/mexicos-automotive-industry-exports-289309-vehicles-in-november
U.S. trade authorities have filed a labor complaint with Mexico over allegations that a Volkswagen assembly plant in Puebla, Mexico, unfairly fired union activists.
The complaint filed by the U.S. Trade Representative’s office Tuesday follows an April 25 petition filed by 10 fired workers who allege Volkswagen Mexico violated the workers’ freedom of association and collective bargaining rights at the plant, the country’s largest and longest-operating auto factory.
“Retaliating against workers for...
The global automotive industry is widely known to practice just-in-time (JIT) production, a lean manufacturing process in which time, labor and materials are optimized by only sourcing parts as they are needed.
JIT manufacturing has traditionally helped the automotive industry keep production costs down, but officials at TrueCommerce said the process hasn’t been upgraded or improved in decades.
Pittsburgh-based TrueCommerce is a global provider of supply chain and trading partner connectivity,...
https://www.freightwaves.com/news/wheres-my-part-oems-challenged-by-global-supply-chain-disruptions
Chart of the Week: Motor Vehicles and Parts Carloads – USA, Outbound Tender Volume Index – Detroit SONAR: RTOMV.USA, OTVI.DTW
Freight volumes of automotive parts are still recovering as demand for many durable goods wanes. Is it sustainable?
Rail carloads for motor vehicles and parts averaged 11% higher year over year in October as part of a recovery trend that started earlier in the year. The Detroit Outbound Tender Volume Index (OTVI) shows a historical elevation in activity since this spring....
https://www.freightwaves.com/news/auto-freight-rolling-strong-as-economy-hits-the-breaks
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https://www.freightwaves.com/news/daily-infographic-global-supply-chain-week-2022
Car shoppers have had a tough time over the past couple years. The coronavirus pandemic increased the demand for both new and used cars, while simultaneously fueling equipment shortages throughout the automotive supply chain. These headwinds combined to create an environment characterized by surging demand, suppressed inventory and sky-high prices.
Huge reductions in inventory and serious spikes in used car prices continued to plague consumers heading into 2022. In fact, used car prices are...
https://www.freightwaves.com/news/automotive-supply-chain-in-for-slow-normalization-in-2022
Digital freight forwarder Forto has appointed ex-Ceva executive Jochen Freese (above) as its executive VP of procurement and business development, confirming news broken by Loadstar Premium in October
“Jochen has a proven track record in helping large, worldwide customers in such industry segments as retail and fashion, hi-tech, healthcare and automotive optimise their transport and logistics,” said Forto CEO and co-founder Michael Wax.
“This customer focus, combined with his experience in...
https://theloadstar.com/jochen-freese-joins-forto-as-evp-of-procurement-and-business-development/
South Korean vehicle maker Hyundai’s logistics unit, Hyundai Glovis, has itself established a subsidiary in Chengdu, in China’s Sichuan province.
Chengdu Glovis SCM, aims to help its parent to diversify into container rail freight – in 2020, Chengdu was the Chinese city with the second-most direct rail freight trains to Europe.
Hyundai Glovis plans a direct contract with China Railway and, in addition to participating in the operation of high-speed freight trains from Chengdu, …
The post Hyundai...
https://theloadstar.com/hyundai-glovis-moves-into-container-freight-with-new-china-subsidiary/
Much has been written about Elon Musk and Tesla’s rise to prominence, but few authors have explored that journey as extensively as Ed Niedermeyer.
Niedermeyer, author of “Ludicrous: The Unvarnished Story of Tesla Motors” and director of communications for the nonprofit Partners for Automated Vehicle Education, has spent years exploring the company’s history and the decisions it has made, and along the way he has made a few friends and many enemies. And that’s OK because Niedermeyer believes...
https://www.freightwaves.com/news/f3-keynote-flashy-cool-and-polarizing-inside-teslas-real-lessons