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New commercial vehicle registrations: vans +8.5%, trucks -7.5%, buses +16% in the first three quarters of 2024

News from Brussels ACEA - 2024-10-29

In the first nine months of 2024, new EU van sales increased by 8.5%, reaching 1,170,310 units, driven by positive results in all four key markets. …

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Historic 320M euros on the table in new truck parking open funding call

News from Brussels IRU - 2024-10-29

The European Commission has committed €320 m to develop secure truck parking areas across the EU. IRU’s persistent advocacy has played a critical role in securing this landmark budget under Connecting Europe Facility (CEF) funding. …

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Mercedes, BMW, Porsche battle Chinese rivals at home

Automotive Industry Automotive News Europe - 2024-10-28

Mercedes-Benz was once a standard-bearer of automotive refinement, but wavering sales and profits underscore how even the lucrative upscale end of the car market is feeling the heat from China. …

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China again warns EU against separate talks with EV makers

Automotive Industry Reuters - 2024-10-28

China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in talks with China, that would "shake mutual trust" and interfere with the overall negotiations, …

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The Port of Gothenburg signs renewed sister port agreement with the Port of Shanghai

Members Corner Port of Gothenburg - 2024-10-28

The Port of Gothenburg and Port of Shanghai have signed a renewed sister port agreement aimed at promoting and developing cooperation on growth and sustainability between the ports. …

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VW plans to close 3 German plants as auto industry turmoil grows

Automotive Industry Politico - 2024-10-28

The car giant’s move comes as Germany’s GDP is set to shrink for the second year in a row. …

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ABP acquires land to fuel future growth

Members Corner Associated British Ports - 2024-10-28

Associated British Ports (ABP) has acquired 21 acres of land on the western side of the Port of Immingham in an off-market transaction. …

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A mixed picture for vehicle logistics capacity from the Association of European Vehicle Logistics Providers

Automotive Industry Automotive Logistics - 2024-10-28

There remain transport capacity shortages for finished vehicle movements in Europe, though it’s a mixed picture according to mode, according to executives from the Association of European Vehicle Logistics Providers (ECG …

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Tesla rallies most in over a decade on Musk's bold EV forecast

Automotive Industry Reuters - 2024-10-25

Tesla shares closed up nearly 22% on Thursday, 24 October 2024, - their biggest single-day gain in over a decade - as CEO Elon Musk's bold forecast of surging sales reassured investors he was still looking to grow its core business of se …

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Lorry drivers in Germany earn almost £3000 on average. Driver shortage still biting hard

Land transportation Trans.info - 2024-10-25

The logistics industry is facing major challenges in 2024, with one of the most pressing being the shortage of truck drivers. …

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