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Volvo cuts retail sales target on weaker demand

Automotive Industry Automotive News Europe - 2024-10-23

The automaker said it will focus on protecting its margins, instead of pushing volumes.Volvo Cars lowered its expectations for retail sales this year due to a growing weakness in the automotive market. …

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Automakers are mired in first Europe sales slump in two years

Automotive Industry Automotive News Europe - 2024-10-22

Europe car sales fell in September 2024 for the first consecutive monthly decline in more than two years. …

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EU industry leaders and legislators unite on future of road transport

News from Brussels IRU - 2024-10-22

Road transport leaders from across the EU and members of the new European Parliament came together last week (October 2024) for a dinner debate on the sector’s top priorities for this legislative term. …

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New ECG survey: 1 out of 2 lack confidence in future volumes

News from ECG ECG - 2024-10-22

According to a Confidence & Cost Trends Survey conducted by ECG - the Association of European Vehicle Logistics, companies experience economic uncertainty in their confidence in future investments. …

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Chinese EV shipments to Europe soar ahead of tariffs

Automotive Industry Automotive News Europe - 2024-10-22

Automakers from Asia’s biggest economy shipped 60,517 EVs to the 27 nations in the European trade bloc last month, up 61% from 2023, according to customs data. …

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New car registrations: -6.1% in September 2024; year-to-date battery-electric market sales -5.8%

News from Brussels ACEA - 2024-10-22

In September 2024, new EU car registrations continued their downward trajectory (-6.1%) with negative results across three of the region’s four major markets: France (-11.1%) and Italy (-10.7%), with the German market declining by 7%. …

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Confirming the Hamburg Declaration: The world’s largest and most environmentally friendly car carrier calls the Port of Hamburg

Members Corner Höegh Autoliners - 2024-10-22

Two weeks after signing the Hamburg Declaration on the Decarbonisation of Global Shipping, Höegh Aurora, the world’s largest and most environmentally friendly car carrier ever built, will arrive in the very same city, celebrating the joi …

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Fossil fuel subsidies for company cars cost EU taxpayers €42 billion every year - new study

News from Brussels Transport & Environment - 2024-10-21

The new European Commission has committed to phase out fossil fuel subsidies and ensure a just green transition, now it has to deliver on this promise, green group Transport & Environment (T&E) says. …

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GM, Ford brace for investor scrutiny over pricing power, EV losses

Automotive Industry Reuters - 2024-10-21

General Motors and Ford Motor will likely have a tough time convincing investors when they report results that Detroit's pricing power for gasoline cars is still strong and losses from their EV ventures are dwindling. …

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Grimaldi adds Patras call to its Trieste-Ambarli ro-ro line

Members Corner Grimaldi Group - 2024-10-21

The Group's vast Motorways of the Sea offering is further expanded and enhanced, providing increasing opportunities for the transport of rolling freight between Italy, Greece and Turkey. …

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