Ford to shut European plant; GM outlines product-sharing plan

Ford Motor Co. said it will close a Belgian assembly plant and General Motors outlined a joint product-sharing plan with a French rival as the Detroit automakers battle mounting losses in Europe. Ford is also preparing to close a plant in Britain as early as next year, Bloomberg and other media outlets reported, citing people familiar with the plans. Story by Automotive News Read more

THREATS ON HORIZON FOR LOGISTICS SUPERPOWER?

Last week’s BVL Congress in Berlin celebrated a German logistics market that is on pace for another record year in 2012, buoyed largely by strong exports and manufacturing, including automotive. The leader of the opposition Social Democratic party proclaimed the country a “logistics superpower”.   Read more