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Stellantis denies speculation of merger plan with Renault

Automotive Industry Automotive News Europe - 2024-02-05

Stellantis Chairman John Elkann said the automaker had no M&A plans in response to press speculation about a possible French-led merger with rival Renault. …

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Hyundai and Iveco announce all-electric light truck collaboration for Europe

Land transportation Freight Carbon Zero - 2024-02-04

The vehicle will bear the Iveco badge and is based on Hyundai’s Global eLCV platform. This strategic partnership, initiated in March 2022, expands beyond their previous work on hydrogen-powered commercial vehicles. …

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Hyundai will launch 20,000-euro mini EV in Europe, reports say

Automotive Industry Automotive News Europe - 2024-02-04

Hyundai this year will launch a full-electric version of its Casper mini crossover in Europe that could sell for less than €20,000, according to reports. …

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Stellantis under renewed fire from Italian government

Automotive Industry Reuters - 2024-02-02

Italy's industry minister on Friday criticised Stellantis' ownership structure and said the automaker had a "problem" with its models and marketing, continuing a feud between the company and the Rome government. …

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Jaguar Land Rover posts best quarterly profit since 2017

Automotive Industry Automotive News Europe - 2024-02-02

Jaguar Land Rover reported record quarterly revenue and solid profits as demand remains strong for its highest priced SUVs including the Range Rover and Defender. …

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Renault chairman sees no delay to Nissan, Mitsubishi's Ampere investment

Automotive Industry Automotive News Europe - 2024-02-02

Renault's decision to cancel the stock market flotation of its Ampere electric-vehicle business will not delay investments into Ampere from Renault's partners Nissan and Mitsubishi, said Renault Chairman Dominique Senard. …

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Volvo's Polestar troubles signal 'shakeout time' for EV industry

Automotive Industry Reuters - 2024-02-02

The shakeout in the global electric-vehicle industry is picking up speed. …

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The Port of Barcelona is making progress towards introducing cleaner fuels for ships

Members Corner Port of Barcelona - 2024-02-02

During 2023 the Port of Barcelona performed a total of 199 liquefied natural gas (LNG) bunkering operations to ships, for a total of 143,000 m3, which is twice that of the last reference year - 2021 - when it supplied 65 …

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Volvo to stop funding Polestar as Geely readies bailout

Automotive Industry Automotive News Europe - 2024-02-01

Volvo Cars will stop providing funding to Polestar and will transfer responsibility for the brand to China's Geely, which is Volvo's majority shareholder. …

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Italy could invest in Stellantis like France, minister says

Automotive Industry Automotive News Europe - 2024-02-01

The Italian government is open to buying a stake in Stellantis, industry minister Adolfo Urso said, as he set out plans to provide €950 m ($1 bn) in subsidies this year to help drivers switch to cleaner cars. …

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AD Ports’ Noatum enters European FVL market through Sesé acquisition

Members Corner Automotive Logistics - 2024-02-01

Following its acquisition of Spanish maritime logistics provider Noatum last year, Abu Dhabi-based logistics firm AD Ports, has acquired finished vehicle logistics (FVL) firm Sesé Auto Logistics, part of …

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Stellantis CEO Sees the Rise of Chinese Carmakers Fueling M&A

Automotive Industry Bloomberg - 2024-02-01

One of the auto industry’s leading dealmakers sees the stars aligning for carmaker mergers and acquisitions — and wants in on the action. …

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Italy could invest in Fiat maker Stellantis, minister says

Automotive Industry Reuters - 2024-02-01

Italy is open to buying a stake in carmaker Stellantis, Industry Minister Adolfo Urso said on Thursday, as he set out plans to provide €950 m ($1 bn) in subsidies this year to help drivers switch to cleaner cars. …

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EV demand slowdown hits automakers, suppliers

Automotive Industry Automotive News Europe - 2024-01-31

While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. …

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Neptune Lines expands with two additional next-generation vessels

Members Corner Neptune Lines - 2024-01-31

  …

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Why rivals will have trouble matching Tesla's 'full-stack' approach

Automotive Industry Automotive News Europe - 2024-01-31

Automakers creating software-defined vehicles (SDVs) need to decide which control points they want to own in the technology stack. …

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Peel Ports Logistics agrees vessel agency deal with renewable energy leader Drax

Members Corner Peel Ports - 2024-01-31

Peel Ports Logistics has signed a deal to become renewable energy specialist Drax’s new shipping agency service provider for vessels importing biomass into Liverpool. …

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Fossil fuel phase out date needed in Europe in 2040 target, NGOs ask

News from Brussels Transport & Environment - 2024-01-30

Last December, COP28 addressed fossil fuels for the first time in the history of these Conferences of the Parties (COPs) as the cause of our global climate change problem. …

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ADAMPOL S.A. with the highest result in the Hyundai Glovis customer satisfaction survey

Members Corner ADAMPOL SA - 2024-01-30

Hyundai Glovis recently presented the official result of its 2023 Customer Satisfaction Survey (CSI). We are proud to announce that Adampol S.A. …

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German EV sales forecast to fall 14% in 2024

Automotive Industry Automotive News Europe - 2024-01-30

German electric-vehicle sales are projected to drop for the first time in eight years as signs of a slump in the EV market are spreading. …

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