German behemoth Volkswagen remained Europe’s largest carmaker with 650 000 sales in the first quarter, while Stellantis – born of the merger between Peugeot-Citroen and Fiat-Chrysler – was close behind at 605 000.
The European car market bounced back to top one million monthly sales in March after a weak start to the year, an industry survey showed Friday.
Sales of new vehicles leapt 87.3% year-on-year, boosted by the “exceptionally low base of comparison” with March 2020, when the first lockdown measures to fight the coronavirus pandemic began to bite, the European Automobile Manufacturers’ Association (ACEA) said.
March’s 1 062 446 sales fell short of records booked in 2017-18, landing closer to the lean years of 2013-14.
Over the first three months of 2021, the Italian and French markets gained 28.7 and 21.1% compared with last year, while the German and Spanish markets were lower by 6.4 and 14.9%.
An introduction for the elimination of non-productive processes through the TIM WOOD identification.
Why are the industry-leading companies interested in the Lean Production system? First of all, one must understand what exactly is Lean and why do this Japanese methodology make your work more productive.
The Lean production system is also known as the Toyota Production System (TPS) . As you may guess, the name comes from its origins in the Toyota Motor Corporation. You may have missed this, but Toyota was declared the most valuable automotive company in 2017  according to Forbes. Back to the origins, Toyota corporation learned directly from the Ford production line in Detroit. However, they did not copy the exact same method for the mass production but originated their own production system based on the continuous improvement of the production processes. The system is credited to Taiichi Ohno , and actually, most agile
Industrial company Barloworld is one step closer to partially exiting the vehicle retail market after reaching an agreement on a joint venture with Akoo family owned NMI Durban South Motors (NMI-DSM).
The deal, valued at almost R1 billion, will see the Sandton head quartered company retaining a 50% stake in the joint venture.
Barloworld’s automotive business includes car rental, retail, fleet services as well as used vehicles and disposals. It is also a dealer for US company Caterpillar (Cat), through its equipment business and has a logistics business, as well as a consumer goods portfolio made up of its starch and glucose unit, that it acquired from Tongaat last year. The venture forms part of the group’s strategy to exit the vehicle sales market and eventually focus on its equipment and food businesses.
Barloworld CEO Dominic Sewela said in a statement: “The proposed restructure into this structure will enable us