New parts distribution centre for Agco
Agco Corporation has unveiled plans to build a new Parts Distribution Centre (PDC) at Amnéville (Les Portes de l’Orne) on the outskirts of Metz in the Mosselle region, just 12km from its existing Ennery site.
KGM New Zealand, is part of the London headquartered Inchcape Group, who increased its NZ presence in August 2023 with the acquisition of SsangYong distribution and five retail outlets.
Meanwhile, KG Global took a majority shareholding in SsangYong in 2023, and with it, a production site in the Gangnan region of Korean capital Seoul with a capacity to build 240,000 vehicles per annum.
The new local distributor also oversees the Subaru and LDV brands. They have recently released details of the all-new KGM Torres medium sized SUV, in three variants, the Torres, Torres 4WD and the Torres EVX (battery electric model). Said to be the first model to reflect KG Mobility’s new global design language and philosophy ‘Powered by Toughness’, Torres is powered by a 1.5 G-Di turbocharged engine mated with a third generation Aisin 6-speed automatic transmission.
The vehicle marks a departure from the previous owner’s traditional design with the introduction of a sleek and modern exterior. KGM New Zealand general manager Kym Mellows says “the SUV market is continually expanding and subdividing, and with Torres, we are filling the gap between medium-sized SUVs such as Korando and large SUVs like Rexton”.
Head of brand marketing for KGM New Zealand Daile Stephens says, “KGM is a modern mobility brand that sets us on the path towards advanced electrification, autonomous driving, and greater mobility for all”.
The Torres 1.5-litre direct injection turbo engine delivers 120kW and 280Nm, while the pure-electric KGM Torres EVX is powered by a 73.4kWh, BYD-sourced Blade Technology battery and uses a single electric motor that produces 201bhp and 339Nm of torque to drive the front wheels. When range tested by the WLTP four-phase test rate, a single charge can deliver a combined pure electric range of 462km, a maximum towing capacity of 1500kg and V2L (vehicleto- load) charging capabilities, so its battery pack can be used to power appliances when you’re outdoors. Batteries are warranted for 1 million km or 10 years.
A steep learning curve, a very busy year and thank heavens for tractor therapy. That's how Associate Agriculture Minister Andrew Hoggard described his first year in Parliament to reporter Peter Burke at his dairy farm in the Manawatu during the holiday break.
Exporters need to understand that India should not be seen as just one country to export to, rather a country of many unique states and regions.
Kiwifruit and fresh produce handler Seeka will be bouncing back strongly from a big financial loss in 2023.
Foundation for Arable Research (FAR) chief executive Dr Alison Stewart is stepping down in June this year after seven years in the role.
A significant rise in Global Dairy Trade (GDT) auction last week has prompted one bank to lift its forecast milk price for the season to above Fonterra's mid-point.
The downturn in the farming sector - especially sheep and beef - is having a detrimental impact on the agricultural aviation sector.
OPINION: A keen pair of eyes wandering down the main street of the hub of the Horowhenua, Levin recently came…
OPINION: The demise of Organic Dairy Hub is official.