News

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

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

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

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

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

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. …

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. …

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. …

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. …

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 …

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

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. …

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. …

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 …

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. …

Hyundai said it will focus on luxury models, SUVs and electric vehicles to achieve what it expects to be record high earnings this year even as challenges such as inflation and fluctuating raw material prices persist. …

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. …

Nio will offer the possibility to not only rent but also buy its electric models in Europe from 21 November. Until now, the business model of the Chinese newcomer only provided a leasing option. …

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

The sharing of technology has emerged as a sticking point between Renault and Nissan as the companies negotiate an overhaul of their decades-old partnership, two people familiar with discussions told Reuters. …