News

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. …

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

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. …

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

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 …

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. …

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. …

During 2023 the Port of Barcelona performed a total of 199 liquefied natural gas (LNG) bunkering operations to ships, for a total of 143,000 m3, which is twice that of the last reference year - 2021 - when it supplied 65 …

The shakeout in the global electric-vehicle industry is picking up speed. …

Italy's industry minister on Friday criticised Stellantis' ownership structure and said the automaker had a "problem" with its models and marketing, continuing a feud between the company and the Rome government. …

Jaguar Land Rover reported record quarterly revenue and solid profits as demand remains strong for its highest priced SUVs including the Range Rover and Defender. …

Renault's decision to cancel the stock market flotation of its Ampere electric-vehicle business will not delay investments into Ampere from Renault's partners Nissan and Mitsubishi, said Renault Chairman Dominique Senard. …

Italy is open to buying a stake in carmaker Stellantis, Industry Minister Adolfo Urso said on Thursday, as he set out plans to provide €950 m ($1 bn) in subsidies this year to help drivers switch to cleaner cars. …

Volvo Cars will stop providing funding to Polestar and will transfer responsibility for the brand to China's Geely, which is Volvo's majority shareholder. …

The Italian government is open to buying a stake in Stellantis, industry minister Adolfo Urso said, as he set out plans to provide €950 m ($1 bn) in subsidies this year to help drivers switch to cleaner cars. …

Following its acquisition of Spanish maritime logistics provider Noatum last year, Abu Dhabi-based logistics firm AD Ports, has acquired finished vehicle logistics (FVL) firm Sesé Auto Logistics, part of …

One of the auto industry’s leading dealmakers sees the stars aligning for carmaker mergers and acquisitions — and wants in on the action. …

Peel Ports Logistics has signed a deal to become renewable energy specialist Drax’s new shipping agency service provider for vessels importing biomass into Liverpool. …

While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts. …

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