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Stena Line acquires shares in Africa Morocco Link to expand outside of Europe

Members Corner Stena Line - 2024-04-08

Stena Line has entered an agreement to acquire 49% of the shares in Morocco based ferry company Africa Morocco Link (AML). …

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Ford said to drop agency retail model in Europe

Automotive Industry Automotive News Europe - 2024-04-08

Ford had already delayed the introduction of direct sales until 2026. Ford has dropped its plan to convert its European retail network to the agency direct-sales model, according to a report. …

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China commerce minister meets Geely, other Chinese EV firms on Europe trip

Automotive Industry Automotive News Europe - 2024-04-08

Wang Wentao met representatives from more than 10 enterprises including BYD and Geely. …

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Ferrari steps up battery know-how though no plans to make them

Automotive Industry Reuters - 2024-04-08

Ferrari wants to increase its expertise in battery cells given their importance in its shift to electrified vehicles, but it has no plans to manufacture them itself, its CEO Benedetto Vigna said on Monday, 8 April 2024. …

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Empowering FVL – Discover the ECG Survey website

News from ECG ECG - 2024-04-05

In a fast evolving landscape accessing the latest data is paramount. …

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First companies confirmed for innovation hub NextGen Demo in the port of Antwerp-Bruges

Members Corner Port of Antwerp-Bruges - 2024-04-05

Power to Hydrogen and TripleW to test groundbreaking technologies in port environment …

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One billion euros for smaller rail infrastructure in Germany by 2025

Land transportation Railfreight.com - 2024-04-05

The four billion euro German infrastructure program “Small and Medium Measures” for the rail network is making progress, with 138 of the planned 355 projects set to be implemented by the end of 2025, says Deutsche Bahn (DB). …

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Tesla scraps low-cost car plans amid fierce Chinese EV competition, report says

Automotive Industry Automotive News Europe - 2024-04-05

The decision represents an abandonment of a longstanding goal of Tesla CEO Elon Musk — affordable electric cars for the masses. …

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Volkswagen EVs 'can't keep up' in China, CEO tells newspaper

Automotive Industry Reuters - 2024-04-05

Volkswagen wants to avoid setting "utopian" goals for its market share in China, its CEO told German newspaper FAZ on Friday, 5 April 2024, adding that anything above 10% was "very respectable" given the intense competition. …

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Global and European vehicle production and the impacts on logistics

Automotive Industry Automotive Logistics - 2024-04-04

Henner Lehne, vice-president, Global Vehicle Forecasting, Automotive, S&P Global Mobility presents his analysis and predictions for the global and regional vehicle sales and production outlook. …

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