News

Owners of BMW’s automaking partner in China are considering options to raise funds, including selling the company’s stake in its joint venture with the automaker, according to people familiar with the matter. …

BMW has passed the tipping point for combustion-engine vehicle sales and now generates most sales growth from electric cars, its chief financial officer, Walter Mertl, said in a media roundtable. …

Stellantis will temporarily lay-off about 2,250 workers at its Mirafiori plant in the Italian city of Turin in the coming weeks in response to weak demand. …

Automakers Tesla and Geely-owned Volvo Car said they were suspending some production in Europe due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the regio …

Overall, the energy company tests and researches charging solutions and their intelligent integration into the energy system at the new site. …

China’s auto production and exports climbed to record highs in 2023 as its domestic market recovered and manufacturers filled the void left by Western companies that pulled out of Russia. …

The EMSA Guidance on the Safety of Battery Energy Storage Systems (BESS) On-board Ships aims at supporting maritime administrations and the industry by promoting a uniform implementation of the essential safety requirements for batteries …

Tesla is expected to help German car production grow by 2.5% per year, outpacing annual gross domestic product (GDP) of 1.4%, as the German car industry slowly returns to growth amid cautious optimism, according to consultant and ma …

Tesla will suspend most car production at its factory near Berlin from 29 January to 11 February, the company said, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea. …

The joint venture will focus on creating a new line of light commercial vehicles that embrace electric propulsion. …

Tesla’s Cybertruck, the EV maker’s most anticipated model in years, would face challenges to be homologated in Europe, experts said. …

Volkswagen Group’s finance chief said the automaker remains flexible on how it spends money earmarked for electric and combustion-engine cars as EV uptake slows in some markets. …

Hungary will undertake a 700-bn-forint ($2 bn) infrastructure development project in Debrecen that will help transform the country’s second-largest city into one of Europe’s biggest battery production hubs. …

Average used car values at BCA continued to move as 2023 drew to a close, ending at £6,918 in December, down by £315 (4.4%) on November’s figure of £7,223.  The continued pressure on used car values was additionally reflected in a f …

BMW is investing €650 m ($711 m) to convert its main plant in Munich to exclusively produce EVs from the end of 2027, a major stepping stone in the transition to the electric age. …

2023 was again a year full of challenges for Port of Antwerp-Bruges. The geopolitical tensions and slowdown in global economic grow …

Faced with increasing pressure to reduce greenhouse gas emissions, including stricter targets set by the International Maritime Organization (IMO) in July 2023, the maritime sector is considering a range of decarbonization options. …

The Port Authority of València (PAV) and Valencia Terminal Europa (VTE) – a company belonging to Grimaldi Group – have signed this morning an agreement that regulates the installation, operation and main …

Stellantis and BlackBerry are collaborating on a “virtual cockpit” that the automaker says will allow much faster delivery of infotainment technology and cut development costs. …

The escalation of tensions in Taiwan could cause a further semiconductor shortage in the year ahead, presenting a risk to automotive logistics. …