Car Making News

Hyundai has outsized influence over town's economy, population; Ulsan could be South Korea's Rust Belt in the making.When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's annual average salary.But the 52-year-old was laid off in January, joining some 27,000 workers and subcontractors who lost their jobs at Hyundai Heavy between 2015 and 2017 as ship orders plunged.To support their family, Lee's wife took a minimum wage job at a Hyundai Motor supplier.

When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea's annual average salary.But the 52-year-old was laid off in January, joining some 27,000 workers and subcontractors who lost their jobs at Hyundai Heavy between 2015 and 2017 as ship orders plunged.To support their family, Lee's wife took a minimum wage job at a Hyundai Motor supplier.

PSA Peugeot Citroen is in advanced talks over an Iranian carmaking venture with historic partner Iran Khodro and expects rapid progress following the diplomatic breakthrough lifting sanctions against the country, the French company said. The deal struck between Iran and western powers "should clear the way for significant progress in our discussions", Peugeot Africa and Middle East chief Jean-Christophe Quemard told Reuters on Tuesday in an emailed response. Unlike their existing partnership, under which Iran Khodro re-assembles older Peugeot models made in European plants, the new venture would manufacture cars from scratch using the French group's latest vehicle architectures and engines, Quemard said. "This project will deliver a generational leap," he said.

Port of Antwerp in Belgium, the second largest port in Europe, is rolling out a training centre in Mumbai to offer training for port professionals in India. Temporary facilities are being used at the moment, until the new centre is ready, the company said in its press release. Antwerp has also signed a Memorandum of Understanding (MoU) with the Jawaharal Nehru Port Trust (JNPT), the largest container port in India, to establish the JNPT APEC Port Training Centre. Marc Van Peel, Antwerp port alderman, and Eddy Bruyninckx, CEO of Antwerp Port Authority, each presented an introductory lecture about the port of Antwerp, as a foretaste of the teaching syllabus. The series of lectures is being organized by APEC, the international port training and education centre.

The port of Antwerp has planned a Roadshow in India as this country has generated a record 5 million tonnes of cargo in Antwerp in 2014. The roadshow has been programmed from 9 to 13 February 2015. With an annual freight volume of 199 million tonnes the port of Antwerp is the second-largest in Europe. Its central location in the heart of Europe makes it possible to serve a huge consumer market very quickly: an essential advantage for exporting countries that target the European consumer. To help convince such countries of the unique position occupied by Antwerp in the European port landscape, the Antwerp port community regularly organises missions abroad. The port of Antwerp has long been convinced of the economic growth potential of India.

Corporation. Manzanillo, Panama. articulated car making the total unit more than 200-feet long. five wells capable of holding two 40-foot containers stacked. the cars will be added to others already a part of the fleet in Panama. isthmus. the other side of the canal at Balboa. will be delivered to Panama over the next year. 300, 40-foot-equivalent-units (FEUS). Michael Hopkins, Vice President of Operations, Port Everglades. Ill. zone and the port terminals. large and unusual. Rico for use in the Tren Urbano project. measured 10.51-feet wide, 15.83-feet high and weighed 142,530 pounds.