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Renault gets France's backing to stay stand-alone amid merger talk

Automotive Industry Automotive News Europe - 2024-02-06

The French government continues to support Renault Group's strategy of remaining a standalone automaker with several industrial and technological partnerships, a finance ministry source said, amid reports that Paris is studying …

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China targets faster growth in 2024, as exports rise 57% in FY 2023

News from ECG ECG - 2024-02-06

China’s Automotive Industry Advisory Committee had strong words to China’s homegrown automotive industry. Growth that was reached in 2023 is just not enough. …

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EU 2040 climate target: European shipowners welcome commitment for priority access of shipping to low- and zero-emission fuels

Maritime and Ports ECSA - 2024-02-06

The European Commission published today its proposal for a 2040 climate target laying out the pathway to make the EU climate neutral by 2050. …

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Stellantis to slow operations at Fiat Turin plant on weak demand

Automotive Industry Reuters - 2024-02-05

Stellantis will slow down operations at its Mirafiori plant, in Turin, this month and next in response to weak market demand for its fully-electric Fiat 500 small car and Maserati models, a spokesman for the automaker said on Monday …

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Stellantis denies speculation of merger plan with Renault

Automotive Industry Automotive News Europe - 2024-02-05

Stellantis Chairman John Elkann said the automaker had no M&A plans in response to press speculation about a possible French-led merger with rival Renault. …

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Customs reform: Europe's ports welcome Parliament's support for restoring the 90 days temporary storage period

Maritime and Ports ESPO - 2024-02-05

The European Parliament is currently discussing the Commission's proposal for a new EU Regulation on the Union Customs Code. …

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One million battery-electric vehicles are registered in the UK

Automotive Industry ELECTRIVE - 2024-02-05

According to data from the UK-based Society of Motor Manufacturers and Traders (SMMT), there are now 1 m battery-electric vehicles registered in the UK. …

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Audi plans production overhaul; Q8 E-tron output may move to Mexico, China

Automotive Industry Automotive News Europe - 2024-02-05

Audi plans to reorganize its global production network to reduce overcapacity in a move that threatens its factory in Brussels. …

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Hyundai and Iveco announce all-electric light truck collaboration for Europe

Land transportation Freight Carbon Zero - 2024-02-04

The vehicle will bear the Iveco badge and is based on Hyundai’s Global eLCV platform. This strategic partnership, initiated in March 2022, expands beyond their previous work on hydrogen-powered commercial vehicles. …

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Hyundai will launch 20,000-euro mini EV in Europe, reports say

Automotive Industry Automotive News Europe - 2024-02-04

Hyundai this year will launch a full-electric version of its Casper mini crossover in Europe that could sell for less than €20,000, according to reports. …

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