News

  • Hyundai Motor Launches ‘Wage Half Price Plant’

    For the first time in 23 years, a finished car plant has started operations in South Korea. The operator is Gwangju Global Motors (GGM). This unfamiliar company was established under the leadership of the city of Gwangju in southwestern South Korea, with Hyundai Motor taking a stake, to specialize in contract manufacturing of small cars. The city of Gwangju, which aims to attract industry and create jobs, and Hyundai Motor, which wanted a plant where production can be outsourced at a low cost, coincided in their intentions.

    The site area of 455,000 square meters is lined with three buildings: a pressed car body factory, a painting factory, and an assembly factory. Inside the assembly plant, which measures 340 meters by 140 meters, eight colorful car bodies flow smoothly down a three-dimensional production line.

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  • NEDO Begins R&D of Hydrogen Aircraft

    The New Energy and Industrial Technology Development Organization (NEDO) says it will launch a four-topic research and development project for the development of next-generation aircraft, including core technologies for hydrogen aircraft and drastic weight reduction of major structural components of aircraft.

    By using Japan’s strengths in elemental technologies such as hydrogen and materials, the project aims to increase the ratio of participation in international joint development of airframes and engines (currently about 20-30%) and contribute to the decarbonization of the aviation sector. It will be implemented as part of the Green Innovation Fund project with a total of 2 trillion yen. The budget is 21.08 billion yen. Kawasaki will develop the core technology for hydrogen aircraft, while Mitsubishi Heavy Industries, Ltd. and ShinMaywa Industries, Ltd. will develop complex shapes and dramatically reduce the weight of major structural parts of aircraft.

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  • Important Russian Mega-Project in Doubt

    Maxim Sakov
    Maxim Sakov

    The government is considering cancelling construction of the high-speed railway between Moscow and St. Petersburg.

    One alternative being considered is the replacement of the high-speed railway for selected cargo between the two cities. This option is lobbied by Russian Railways.

    The plans to build a high-speed railway between Moscow and St. Petersburg were announced last August. The project was included in the federal budget for 2022-2024. Completion of construction work was expected in…

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  • Assembly of Russian Railway Machine Kits Started in India

    Technical specialist of Sinara Transport Machines (STM) has started work on assembly of RTM-32 kits in India. They also will supervise trial starts of finished machines. Kit assembly works are performed under a State program “Made in India”, if there is a localization level of 51%.

    Based on Russian kits, there will be made rail padding and straightening machines, which are used during railway construction, repair, and maintenance. Also, the machines are working with wooden and concrete rail ties. Assembly is based on the production plant of San Engineering & Locomotives Co. Ltd, located in Bangalore which is acting as STM partner in the project.

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  • AutoVAZ Stops Production at Tolyatti Plant

    AutoVAZ stopped assembly of cars on all three production lines at its Tolyatti plant Nov. 12, because of parts shortages, according to the plant’s trade union representative.

    The plant produces Lada Largus, Lada X-Ray, Renault Sandero, Logan, Lada Niva Legend, Lada Kalina, and Lada Granta.

    AutoVAZ systematically stops its conveyors because of component shortages. To compensate, the OEM tries to implement 6 day work weeks, but these also were cancelled because of parts shortages.

    AutoVAZ also stopped production for a corporate vacation July 26 – Aug. 15.

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  • Chip Shortages Cause Worst Festive Season in Decade for Auto Industry

    Aditya Kondejkar

    2021’s festive period from Navratri to Diwali (October) marked the worst performance for India automakers in nearly a decade. Usually, sales of PVs peak during the period, however, the demand was much lower this year. 

    Further, two-wheeler and tractor sales dropped by about 10%. The major reason for this drop is supply-side challenges on semiconductors and lack of demand in entry-level segments for both PVs and two-wheelers.

    In the commercial vehicles space, the situation was somewhat better with an increase in demand for interstate movement of goods.

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  • Weichai Delivers 150-Ton Mining Trucks

    Jack Hao
    Jack Hao

    The 150-ton large-scale mining truck delivered by Weichai has accumulated more than 50,000 hours of trial operation, with a total mileage of more than 360,000 kilometers, a 70% increase in efficiency, and a 10% reduction in unit energy consumption.

    This product is equipped with a powertrain system consisting of Weichai Group’s 17-liter engine + 3300 Nm high torque 8-speed gearbox + 60-ton drive axle. The operation equals the output of two trucks, which significantly reduces the number of vehicles need for a specific job, greatly reduces operating costs, and brings considerable economic benefits to customers

    Source:  Weichai Power  Read The Article

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  • Argentina Car Sales Drop 24%, But Production Grows

    Fabio Ferraresi
    Fabio Ferraresi

    Sales in October 2021 are 24.1% lower than the same period of 2020 in Argentina, at about 25,000 units. This is also 1.6% lower than September 2021. On the other hand, production has grown 42.8% in October 2021 over October 2020 with 41,000 units produced, driven by strong exports.

    Source: Automotive Business     Read The Article

    PSR Analysis: Brazil's shortage of cars is due to a shortage of semiconductors and supply chain issues caused by the demand increase for…

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  • Brazil Government Signals Concessions for Proconve L7 Introduction

    The current production limit for Production of L6 emissions level of Dec. 31 is expected to  be extended by three months for new vehicles finishing. All the other terms should be kept as it is.

    Source: Automotive Business      Read The Article

    PSR Analysis: With the semiconductor shortage, there are about 93,000 incomplete vehicles in Brazil waiting for parts, such as infotainment, auxiliary control systems and engines. This extension will bring some relief, but it does…

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  • Chinese Higer Bus To Produce Electric Buses in Brazil by 2023

    This Chinese OEM confirmed the plans to start the production of its vehicles in Brazil by 2023 after the initial phase of importing the first units in 2022. In 2021, road tests of the Azure A12BR will take place in São Paulo using the regular city bus fleet.

    Source: Automotive Business     Read The Article

    PSR Analysis: Higer Bus has announced an investment of US$ 10 million for production infrastructure but it has not announced the location of the manufacturing facility. Although…

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