News

Wallenius Wilhelmsen recently signed a significant multi-year shipping contract with Korea’s leading construction machinery company. …

Russian carmaker Avtovaz is looking to boost production through exports abroad in 2024, including target markets in Iran and Egypt, according to the carmaker’s president, Maxim Sokolov. It follows a two-year decline in foreign sales. …

New cars in Europe are getting 1 cm wider every two years, on average. …

The UK government’s Department for Business and Trade has launched a Critical Imports and Supply Chains Strategy to safeguard the supply of goods including minerals and semiconductors, seen as essential for the future of the co …

More than half of automotive suppliers are below the threshold of 5% profitability needed for a sustainable business, the industry’s European trade group said. …

GM was “the big winner of 2023”, according to Charlie Chesbrough, senior economist, Cox Automotive. He said that Asian brands like Honda, Nissan and Mazda also ranked among the top-selling OEMs. …

According to statistics from the European Automobile Manufacturers’ Association (ACEA), a total of 1,538,621 battery electric cars were registered in the EU last year. …

A group of 10 representatives of independent automotive service providers have called on President von der Leyen and the College of Commissioners to urgently deliver sector-specific legislation on access to vehicle data. …

Stellantis will avoid being caught in a price war which would destroy its profitability, CEO Carlos Tavares said. …

European lawmakers today agreed Carbon Dioxide targets for Heavy-Duty Vehicles that will phase out almost all sales of new diesel trucks by 2040. …