News

Sweden's Volvo will launch a long-range variant of its FH Electric truck, capable of covering up to 600 km (373 miles) on a single charge, its truckmaking arm said on Tuesday, 3 September 2024. …

Starting from 14 September 2024, the company will deploy two ro-ro vessels on the new regular service between Trieste and Ambarli (Istanbul), with two weekly departures from each port. …

Cupra makes the Tavascan full-electric SUV in China. …

Canada has joined a growing chorus of shipyard nations taking aim at the world’s dominant shipbuilder.  …

VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works council. …

The EU’s road transport sector faces critical challenges. The IRU’s roadmap urges policymakers to enact supportive legislation to ensure the EU’s economic and environmental goals are met. …

Manufacturers seek an off-ramp as clock counts down to final vote on duties by member countries in October 2024. …

Chinese automakers have been hit by increased EU tariffs and changes in EV subsidies. …

Italian shipping company Grimaldi Group has taken delivery of the fifth energy-efficient multipurpose roll-on/roll-off (RoRo) ship from South Korean yard HD Hyundai Mipo Dockyard (HMD). …

BYD had targeted Germany as key to achieving its goal to gain a 5% share of Europe's auto market in the midterm. …

On 29 August 2024, a brand new 144,000 square meter port terminal was inaugurated at the Port of Gothenburg. …

In July 2024, new EU car registrations saw a modest increase (+0.2%) with mixed results across the region’s four major markets: Italy (+4.7%) and Spain (+3.4%) recorded moderate gains, while the French (-2.3%) and German (-2.1%) markets …

New-car registrations rose just 0.4% to 1.03 m. Europe car sales were roughly flat in July 2024 as demand for electric vehicles weakened further in Germany, the region’s biggest car market. …

UK car production declines -14.4% in July as model changeovers and temporary supply chain constraints restrict output. Export volumes down -16.3% but domestic demand holds up, declining by just 672 units. Pr …

The BLG Group has identified good business opportunities in the automotive nation Turkey. Today, executive officer and COO Matthias Magnor signed the contracts for BLG operations in the country.   …

Polestar remains confident of a stronger second half to the year (2024). Polestar posted another heavy quarterly loss as the electric-vehicle maker struggles with intensifying competition, high costs and a demand slowdown. …

VW brand aims to lift its return on sales to 6.5% from 2.3%. …

Hyundai will expand its hybrid lineup to 14 models from seven. …

Lotus Tech said its net loss widened to $202 m in the April-June 2024 period from $193 m a year earlier. …

Validation marks vote of confidence in DP World’s plans to transform supply chains with a new and ambitious target to deliver 42% Scope 1 and 2 GHG emissions reduction by 2030. …