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European freight rates Q3 2023: Contract rates rally as spot rates continue to fall

News from Brussels IRU - 2023-11-07

Q3 2023 sees the spot index move further below the contract index. This now means spot rates are closer to their base level (2017 Q1) than contract rates. …

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Britain says automakers, not owners, will be liable for self-driving crashes

Automotive Industry Automotive News Europe - 2023-11-07

Automakers rather than the owners of self-driving cars will be legally liable for any crashes in the UK under the British government's planned framework for developing autonomous vehicles. …

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Toyota's Turkish factory gears up for plug-in hybrid production

Automotive Industry Automotive News Europe - 2023-11-07

For its first plug-in hybrid production site in its Europe region, Toyota has turned to its factory here in Sakarya, about 150 km east of Istanbul, where it has just started building the second-generation C-HR compact SUV. …

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Commission adopts new proposal on combining transport modes for more sustainable freight

News from Brussels European Commission - 2023-11-07

Today's proposal on combined transport aims to make freight transport more sustainable by improving the competitiveness of intermodal freight – the transportation of goods using two or more transport modes – vis-à-vis< …

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German sales rise 5% in October as EV demand picks up

Automotive Industry Automotive News Europe - 2023-11-06

German registrations rose 5% in October as sales of battery-electric cars rebounded after slipping in September following the end of government incentives for business buyers. …

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Battery Metals Lose Luster as Surge in Supply Outpaces Demand

Automotive Industry Bloomberg - 2023-11-06

In the fast-moving world of battery metals, 2022 already feels like a bygone era. …

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Hyundai Glovis invests in world’s biggest Ro-Ro vessels

Maritime and Ports Automotive Logistics - 2023-11-06

By making the investment in the record-capacity vessels Hyundai Glovis is addressing the current shortage in ro-ro capacity. …

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11th ECG Academy Alumni Meeting will gather in Barcelona

News from ECG ECG - 2023-11-06

The 11th Annual ECG Academy Alumni Meeting is set to convene in the vibrant city of Barcelona. …

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Tesla to build €25,000 car in Germany

Automotive Industry Reuters - 2023-11-06

Tesla (TSLA.O) plans to build a €25,000 ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday 6 November, in a long-awaited development for the electric vehicle maker which is aiming for …

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Leasing EVs Through Employers Offers Affordable Options in the UK

Automotive Industry Bloomberg - 2023-11-06

Colin Dart, a technology manager at business incubator SETsquared Exeter, is the proud driver of a brand new Mazda MX-30. …

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