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Hyundai will sell Russia plant for token sum, taking $219 m hit

Automotive Industry Automotive News Europe - 2023-12-19

Hyundai Motor plans to sell its plant in Russia for a token 7,000 rubles ($77.67), a company official said on Tuesday. …

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The year Europe got its industrial strategy into gear

News from Brussels Transport & Environment - 2023-12-19

2023 saw a turbulent start for the electric vehicle industry across Europe. …

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Automakers will fund German EV subsidy bill after state backs out

Automotive Industry Automotive News Europe - 2023-12-19

Volkswagen, Stellantis, Audi, Mercedes-Benz and Kia said they will fund a subsidy for German electric vehicle buyers after the government this week abruptly dropped a state-funded program. …

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Volkswagen brand to take over German govt's share of EV subsidy

Automotive Industry Reuters - 2023-12-19

The Volkswagen brand said on Tuesday that it will take over the government's share of an environmental bonus for electric vehicles after the state's subsidy programme was ended prematurely following the adoption of a revised 2024 budget. …

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ECG Guidelines – Safe loading process is now available in Romanian

News from ECG ECG - 2023-12-19

In a significant stride towards enhancing safety in the finished vehicles logistics industry, ECG is pleased to announce the publication of the …

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VW, Audi, Porsche and Scout to adopt Tesla EV charging standard

Automotive Industry Automotive News Europe - 2023-12-19

Volkswagen, Audi, Porsche and Scout are the latest automakers to adopt Tesla's North American Charging Standard. …

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Stena Line signs major 77-year deal with Peel Ports to operate at Heysham Port

Members Corner Peel Ports - 2023-12-19

Leading ferry and port operator, Stena Line has signed a significant deal with Peel Ports Group, a major UK port operator, to operate from Heysham Port for the next 77-years until 2100. …

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ECG publishes guidance for reporting supply chain emissions

Automotive Industry Automotive Logistics - 2023-12-18

The Association of European Vehicle Logistics (ECG), along with the German Association of the Automotive Industry (VDA) and a group of OEMs, has published the first methodology to calculate and report on automotive supply chain emissions …

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The Grimaldi Group acquires a majority stake in the Heraklion Port Authority

Members Corner Grimaldi Group - 2023-12-18

This morning, the signing of the share purchase agreement officially marked the s ale and transfer of a majority stake in the capital of the Heraklion Port Authority (HPA S. to Holding of Heraklion Port S.A. …

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Finnlines connects Spain and Belgium twice per week with three of the most efficient ships in the world

Members Corner Finnlines - 2023-12-18

Starting from January 2024, Finnlines will consolidate its Biscay services with twice a week connection between the ports of Bilbao, Vigo and Zeebrugge. …

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