News

Nissan Motor Co., facing a huge loan repayment wall next year, is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to keep operations on track, according to internal documents seen by Bloomberg News. …

Allianz’s latest Safety and Shipping Review makes a stark warning about the dangers posed to the global merchant fleet by the worsening geopolitical climate.  …

From August 2026, Hyundai wants to build electric cars at its Turkish plant in İzmit as well as combustion engines. …

The brief, ‘IMO’s policy measures: What’s next for shipping’s fuel transition?’, uses total cost of ownership (TCO) modelling by UMAS and UCL and more than 30 stakeholder interviews to analyze the sector’s capital investment and …

China's commerce ministry will meet industry bodies and automakers including BYD and Dongfeng Motor to discuss increasing sales of "used cars" that were never driven, a person with direct knowledge of the matter said. …

Volkswagen's planned relocation of the production of the VW ID.3 and Cupra Born from Zwickau to Wolfsburg is apparently already partially shaky again. …

Toyota is moving some production of its GR Corolla sports car to Britain and will spend around $56 million on a dedicated line there to build exports for North America, according to two people with knowledge of the matter. …

Under the new regulation, automakers will be able to average their fleet-wide CO2 emissions over the years 2025, 2026, and 2027 as slow demand for battery electric light duty vehicles has created a risk of disproportionate compliance cos …

As informed, the Global Ro-Ro Community consisting of Japan’s maritime sector titans Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. …

The European Sea Ports Organisation (ESPO) welcomes the outcome of the first EU–UK Summit, held in London on 19 May 2025 and sees it as a pivotal step towards revitalising the European Union–United Kingdom relationship. …

Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said on Monday. …

Volvo Cars  CEO Hakan Samuelsson said on Friday that its customers would have to pay a large part of tariff-related cost increases, and that it could become impossible to import one of its most affordable cars to the United States i …

Scandinavian Auto Logistics (SAL) places customer needs at the center of its development, upgrading the rail terminal at the multimodal hub in Port Esbjerg to deliver even greater speed and efficiency in vehicle logist …

The Japanese manufacturer has stated that it will reduce its investments in the areas of electrification and software from the previously planned 10 trillion yen to 7 trillion yen by 2030. …

Global sales of electrified cars — both battery-electric and plug-in hybrids — rose 28 percent to 17.5 million in 2024, with China driving the growth, according to a report from the International Energy Agency. …

The United Kingdom and the European Union have reached a new agreement aimed at easing trade friction, improving data sharing, and enhancing cooperation on defence and migration. …

In August 2024, Dataforce took a detailed look at the challenges and possible strategies for the European automotive industry in connection with the EU’s CO2 regulation. …

United European Car Carriers (UECC) achieved a massive reduction in well-to-wake CO2 emissions in 2024 mainly through bunkering high-impact liquefied biomethane (LBM) on LNG-fuelled vessels under its Sail for Change initiative supported …

ECSA European Shipowners has received with open arms the adoption of the Szczecin Declaration on the EU Industrial Maritime Strategy, hailing it as a “strong and clear” signal that protectionism has no right to a seat at the mar …

Nissan is considering plans to shut two car assembly plants in Japan and overseas factories, including in Mexico, sources said on Saturday, as part of a cost-cutting plan the company flagged earlier this week. …