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China's Chery nearing deal to build cars in Spain

Automotive Industry Automotive News Europe - 2024-04-09

Talks are focused on Chery producing vehicles at the plant that Nissan shut down in 2021. …

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Stobart Europe strengthens vehicle logistics with Soloja buyout

Members Corner Automotive Logisics - 2024-04-09

Stobart Europe has bought Soloja Autotransporte in a move aimed at enhancing its finished vehicle logistics services in Europe. …

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EU Commission approves state funding for Volvo’s electric car plant in Slovakia

Automotive Industry ELECTRIVE - 2024-04-09

The EU Commission has approved €267 m in subsidies from the Slovakian government for the Volvo Cars electric car plant near Kosice. Series production is scheduled to start there in 2026. …

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Wallenius Wilhelmsen secures another substantial multi-year contract

Members Corner Wallenius Wilhelmsen - 2024-04-09

Wallenius Wilhelmsen recently signed another significant multi-year contract. …

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BMW, Rimac partner on high-voltage EV battery technology

Automotive Industry Automotive News Europe - 2024-04-09

Rimac is expanding its reach as a supplier of battery systems and powertrain components to other automakers. …

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DFDS expands logistics network to Türkiye

Members Corner DFDS - 2024-04-09

DFDS acquires international transport network connecting Türkiye and Europe from Ekol Logistics, strengthening DFDS’ market position in the transport corridor between Türkiye and Europe. …

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Smart seeks partners for new ForTwo EV minicar

Automotive Industry Automotive News Europe - 2024-04-08

The current model ended production in March 2024. Smart says it is developing its own dedicated platform for a replacement but needs partners to share costs. …

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Renault overtakes Nissan in shake-up for decades-long alliance

Automotive Industry Automotive News Europe - 2024-04-08

Renault shares are up 37% in 2024 as CEO Luca de Meo returns the automaker to profit. …

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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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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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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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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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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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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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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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New interactive page showcases positive impact of CEF Transport

News from Brussels European Commission - 2024-04-04

As part of the activities linked to the tenth anniversary of the Connecting Europe Facility (CEF) Programme, CINEA launched a new interactive web-page t …

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March new car market sustains growth as manufacturers shore up electrified demand

Automotive Industry SMMT - 2024-04-04

New car registrations rise 10.4% in best March since 2019 and 20th consecutive month of growth. Overall increase driven by fleet investment with weak confidence constraining private retail demand. Industry c …

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Tavares: EVs not a one-size-fits-all mobility fix

Automotive Industry Automotive News Europe - 2024-04-03

Stellantis' CEO says EV battery weight needs to be cut in half over the next decade with new chemistries that don't require such a huge amount of raw materials. …

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