Stellantis engine plant loses drive while passing on higher costs in Brazil April 19, 2021 Stellantis has furloughed around 1,000 workers at its engine operations in Indiana due to a shortage of semiconductors across its supply chain. The engines are normally destined for Brazil, where the firm’s CEO Carlos Tavares has noted “purchasing inflation on local components” which has been ... Read more →
Macron’s China Wins Could Include Deals for Airbus, Peugeot and Railfreight January 8, 2018 President Macron of France will focus on boosting trade ties during his three day state visit to China this week. The trip comes as French exports to China have climbed 19% in the past year. Leading industries exporting from France to China include aerospace (including $5.7 billion of jets), p... Read more →
Peugeot Steps on the Chinese Gas to Meet European Engine Needs November 28, 2017 Automaker Peugeot SA plans to triple its exports of gasoline engines from its China joint venture. That’s to meet demand in its European factories after local customers changed buying habits to favor gasoline over diesel. It also helps use surplus capacity after Chinese sales fell. Panjiva dat... Read more →
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