News

APM Terminals has recorded almost 4,000 vehicles processed through the Indian port of Pipavav for the month of May 2024, and the highest number of rail wagons handled at the port in a single month. …

The EU’s road transport sector faces critical challenges. The IRU’s roadmap urges policymakers to enact supportive legislation to ensure the EU’s economic and environmental goals are met. …

VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works council. …

Italian shipping company Grimaldi Group has taken delivery of the fifth energy-efficient multipurpose roll-on/roll-off (RoRo) ship from South Korean yard HD Hyundai Mipo Dockyard (HMD). …

BYD had targeted Germany as key to achieving its goal to gain a 5% share of Europe's auto market in the midterm. …

Manufacturers seek an off-ramp as clock counts down to final vote on duties by member countries in October 2024. …

Chinese automakers have been hit by increased EU tariffs and changes in EV subsidies. …

New-car registrations rose just 0.4% to 1.03 m. Europe car sales were roughly flat in July 2024 as demand for electric vehicles weakened further in Germany, the region’s biggest car market. …

On 29 August 2024, a brand new 144,000 square meter port terminal was inaugurated at the Port of Gothenburg. …

UK car production declines -14.4% in July as model changeovers and temporary supply chain constraints restrict output. Export volumes down -16.3% but domestic demand holds up, declining by just 672 units. Pr …

Polestar remains confident of a stronger second half to the year (2024). Polestar posted another heavy quarterly loss as the electric-vehicle maker struggles with intensifying competition, high costs and a demand slowdown. …

The BLG Group has identified good business opportunities in the automotive nation Turkey. Today, executive officer and COO Matthias Magnor signed the contracts for BLG operations in the country.   …

In July 2024, new EU car registrations saw a modest increase (+0.2%) with mixed results across the region’s four major markets: Italy (+4.7%) and Spain (+3.4%) recorded moderate gains, while the French (-2.3%) and German (-2.1%) markets …

Hyundai will expand its hybrid lineup to 14 models from seven. …

Lotus Tech said its net loss widened to $202 m in the April-June 2024 period from $193 m a year earlier. …

VW brand aims to lift its return on sales to 6.5% from 2.3%. …

Xpeng says it will build cars in EU area with "relatively low labor risks." …

Validation marks vote of confidence in DP World’s plans to transform supply chains with a new and ambitious target to deliver 42% Scope 1 and 2 GHG emissions reduction by 2030. …

Today, 27 August 2024, CLdN announced a further enhancement of its Irish service by allocating an additional load-on / load-off (LoLo) sailing to its Rotterdam – Dublin route. …

German trade union ver.di has rejected the Central Association of German Seaport Operators’ (ZDS) collective agreement offer, sparking strike fears.   …