News

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

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

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 …

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.   …

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 …

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

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. …

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. …

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. …

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

Today, 27 August 2024, CLdN announced a further enhancement of its Irish service by allocating an additional load-on / load-off (LoLo) sailing to its Rotterdam – Dublin route. …

German trade union ver.di has rejected the Central Association of German Seaport Operators’ (ZDS) collective agreement offer, sparking strike fears.   …

Xpeng says it will build cars in EU area with "relatively low labor risks." …

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. …

In 2023, more containers were handled at the Port of Gothenburg than ever before. …

The tariffs bring Canada in line with the US and the European Union. …

Towing and full payloads can dramatically reduce the range of electric vehicles, with large electric light commercial vehicles (eLCVs) losing up to 31.4% of their real-use range when fully loaded and towing 500 kg, a recent study by Arva …

The fire was reported in the parking lot on the north side of the factory and the assembly plant was unaffected. …

China is sounding a warning as the EU is due to vote in October 2024 on whether to adopt additional duties of up to 36.3% on Chinese-made EVs on top of its standard 10% import tariff. …