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Deal confirms zero-emissions target for new cars and vans in 2035

News from Brussels European Parliament - 2022-10-27

On Thursday night 27 October 2022, Parliament and Council reached a provisional agreement on revised CO2 emissions reduction targets for new passenger cars and light commercial vehicles. …

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Ford, VW will shut Argo AI self-driving joint venture

Automotive Industry Automotive News Europe - 2022-10-26

Ford decided it needed to invest in driver-assistance technology that was more achievable in the near term. …

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Transport MEPs back EU road transport agreements with Ukraine and Moldova

News from Brussels European Parliament - 2022-10-26

The Transport and Tourism Committee approved two separate agreements with Ukraine and Moldova to make the cross-border transport of goods easier. …

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VW brand will be electric-only in Europe by 2033

Automotive Industry Automotive News Europe - 2022-10-26

Volkswagen brand will only produce full-electric cars in Europe from 2033, its boss Thomas Schaefer said, committing to an earlier date than its previous 2033-2035 target. …

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Automotive suppliers’ profits continue to drop amid rising costs, putting the ecosystem at risk – September 2022 Pulse Check results

News from Brussels CLEPA - 2022-10-26

The 12th Pulse Check survey edition shows that despite optimisation of production costs and other short-term measures, 23% of suppliers expect to record losses this year. …

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Ford to drop Fiesta, bring forward EV launch

Automotive Industry Automotive News Europe - 2022-10-26

Ford will stop building the Fiesta small car in Cologne, Germany, by next summer, a year earlier than planned. …

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Sweden: EIB supports industrial research in new, innovative, clean transport technology in electric vehicles with €500 million loan to AB Volvo

News from Brussels European Investment Bank - 2022-10-26

The European Investment Bank (EIB), the EU climate bank, is a leading financier and catalyst for technological progress, competitiveness, and research, development and innovation (RDI) in Sweden and in the European Union. …

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The Grimaldi Group orders five car carrier vessels Ammonia-Ready

Members Corner Grimaldi Group - 2022-10-26

The Grimaldi Group continues investing to enhance and upgrade its owned fleet. …

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Mercedes to quit Russian market, sell shares to local investor

Automotive Industry Automotive News Europe - 2022-10-26

Mercedes joins VW, Toyota, Nissan and Renault in quitting Russian market. …

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Resilience has a name: the EU auto industry!

News from Brussels ACEA - 2022-10-26

The last three years have been marked by major events and large incisions like Brexit, the coronavirus pandemic, semiconductor supply bottlenecks and the war between Russia and Ukraine, with its impact on prices and availability of energ …

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The port of Trieste will implement VEGA’s roadrailLink system

Members Corner RailFreight.com - 2022-10-26

Adriafer, the railway company of the port of Trieste, will adopt the roadrailLink (r2L) connector system that will allow to move non-cranable trailers from trucks onto trains directly. …

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International Chamber of Shipping proposes global CO2 reduction fund to reward ‘first movers’ using low emission fuels

Maritime and Ports International Chamber of Shipping - 2022-10-25

The International Chamber of Shipping (ICS), which represents 80% of the world’s merchant fleet, has announced proposals to accelerate the maritime sector’s transition to net zero by financially rewarding ships and energy producers that …

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Energy crisis: Automakers’ plans to cut gas consumption

Automotive Industry ACEA - 2022-10-25

As governments announce emergency measures to cut back on industrial use of gas and increase levels of gas in storage, automobile manufacturers across Europe are increasing their efforts to reduce energy usage. …

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Kia the latest automaker to mull exiting Russia

Automotive Industry Automotive News Europe - 2022-10-25

Kia sees volatility rising in Russia with the prolonged war in Ukraine, and in a worst-case scenario, may shutter its business entirely, an executive said on 25 October. …

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Tesla willing to work with partners for stable outbound capacity

Automotive Industry Automotive Logisics - 2022-10-25

Tesla opened its gigafactory in Berlin, Germany in March this year, right in the middle of an outbound capacity crisis. Earlier this month the company reported that global vehicle deliveries in Q3 were affected by a lack of capacity …

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Tesla doubles Model Y output at German plant

Automotive Industry Automotive News Europe - 2022-10-25

Tesla has doubled production of the Model Y at its European plant in Germany since the summer. …

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Mullen to expand to Europe with electric delivery vehicle

Automotive Industry elective.com - 2022-10-25

US American electric car startup Mullen plans to begin selling a vehicle in Europe later this year. The Mullen I-GO is a small electric car manufactured in China that the company says will be used primarily for last-mile logistics. …

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Carmakers look to restructure European dealer network

Automotive Industry Automotive Logisics - 2022-10-24

Dealers will remain central to the way car manufacturers sell and distribute their vehicles though there may be fewer outlets. …

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Viking CCS and Associated British Ports embark on major step towards a future CO2 shipping industry in the UK

Members Corner ABP - 2022-10-24

Harbour Energy and Associated British Ports (“ABP”) announce an exclusive commercial relationship to develop a CO2 import terminal at the Port of Immingham, the UK’s largest port by tonnage. …

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The auto industry's $75bn bet on autonomy is not paying off

Automotive Industry Automotive News Europe - 2022-10-24

Autonomous vehicle companies and suppliers have collectively spent about $75bn developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. …

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