Automotive Industry

New industry alliance to boost supply of alternative fuels in transport

News from Brussels - 2022-04-08

The Renewable and Low-Carbon Fuels Value Chain Industrial Alliance kicked-off work on 7 April with industry representatives from FuelsEurope, Hydrogen Europe, SAFRAN, Fincantieri, and the Europea...

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Valenciaport will support sustainability and decarbonisation projects

Members Corner - 2022-04-07

On 12 April, the Clock Building of the Port of Valencia will host the presentation of the new call of the Ports 4...

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German hydrogen infrastructure company announces €110m investment

Land Transport - 2022-04-07

Hydrogen refueling station operator H2 MOBILITY Deutschland has announced a shareholder investment round of €110m...

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Belarus border blockade plans to stop trucks to Russia

Land Transport - 2022-04-07

Ukrainian and Polish activists are planning a blockade of a vital border crossing between Poland and Belarus in an effort to choke off truck traffic heading east from the EU...

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Tesla, BMW, VW shutdowns in China drag on; microchips pile up as lockdowns continue

Automotive Industry - 2022-04-07

Tesla’s factory shutdown has stretched out to at least 12 days, much-needed semiconductors are piling up at manufacturers amid a shortage of truck drivers, and bankers are camping in their offic...

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Italy approves decree to spend $709m a year on car incentives

Automotive Industry - 2022-04-07

Italian Prime Minister Mario Draghi has signed a decree to allocate €650m a year from 2022 through 2024 for incentives for people who purchase zero- and low-emission cars, the country's indus...

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VW is cutting 60% of combustion cars to focus on premium market

Automotive Industry - 2022-04-07

Volkswagen Group will axe 60% of its combustion-powered models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, finance chief Arn...

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Stellantis' Italy production to fall for fifth year due to chip shortages, union says

Automotive Industry - 2022-04-07

Vehicle production from sites owned in Italy by Stellantis and previously its predecessor Fiat Chrysler Automobiles is set to fall for a fifth consecutive year in 2022 due to the microchip supply crun...

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UECC launches new North Sea service

Members Corner - 2022-04-06

UECC is launching a new North Sea service connecting the ports of Zeebrugge, Esbjerg, Gothenburg and Drammen on a weekly basis...

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CMA CGM poised to acquire Gefco before sanctions hobble operations

Members Corner - 2022-04-06

CMA CGM is said to be poised to acquire French automotive and industrial logistics firm Gefco, currently 75%-owned by Russian Railways (RR)...

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Chinese EV maker Nio is open to sharing battery swap tech with other automakers

Automotive Industry - 2022-04-06

Nio is open to sharing its battery swapping platform to other automakers, the head of the Chinese company’s European operations said...

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Spain plans to invest $12bn in semiconductors

Automotive Industry - 2022-04-06

Spain plans to invest €11bn  ($12...

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German startup Sono partners with Valmet on solar cars

Automotive Industry - 2022-04-06

Germany's Sono Motors has signed up a new partner Valmet for its partly solar-powered cars and is sticking to its goal of commercial production in 2023, after abandoning talks with the e...

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Russian car sales collapse as Ukraine war leads to supply, price shocks

Automotive Industry - 2022-04-06

Russian car sales plunged in March as sanctions imposed over the invasion of Ukraine battered the ruble and many global auto companies joined a boycott of the country, leaving buyers confronting spars...

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Russian auto boomtown grinds to halt over Ukraine sanctions

Automotive Industry - 2022-04-06

Thousands of auto workers have been furloughed and food prices are soaring as Western sanctions pummel the small Russian city of Kaluga and its flagship foreign carmakers, with more sanctions likely t...

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China’s zero-Covid strategy hampers auto output in Shanghai

Automotive Industry - 2022-04-06

Covid restrictions in Shanghai are hitting operations for a number of carmakers including SAIC, GM and Tesla and VW, as well as their tier suppliers, with some looking at keeping workers on site for t...

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Next EU sanctions against Russia to target coal imports, shipping and road transport

News from Brussels - 2022-04-06

A set of sweeping new sanctions against Russia, including banning imports of coal, was proposed by the European Commission on 5 April in a first attempt at curbing Moscow’s energy exports...

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Bristol Port welcomes Mazda UK's first direct shipment of cars from Japan

Members Corner - 2022-04-05

Mooring at Bristol’s Royal Portbury Dock on the 28th March, the NOCC Atlantic delivered 2,355 cars to Mazda’s new automotive port handling centre within the Bristol Port Company estate...

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Hertz and Polestar announce global strategic partnership to accelerate EV adoption

Automotive Industry - 2022-04-05

Hertz and Polestar announced on 4 April a new global partnership that includes purchasing up to 65,000 electric vehicles over five years...

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VW halts output at plant that builds Porsche, Audi and VW SUVs

Automotive Industry - 2022-04-05

Volkswagen Group is pausing output at its plant in Bratislava, Slovakia, on parts shortages...

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