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The British car industry is at the edge of the abyss. Squeezed between Brexit, Covid-19, and the electric transition, it is really fighting for its survival. The lonely bright star at the firmament remains Nissan Sunderland, but for how long […]
With a direct train connection to Grenoble (France) the Antwerp transport company Aertssen Logistics has recently reduced the number of trucks it was sending over the Antwerp Ring by thousand, it claims. The company specializes in the storage, modification, and […]
When we talk about the car industry, we immediately think of countries like Germany or France. But almost the whole European Union is heavily involved in the automotive industry. Take the Netherlands, some 40 000 Dutchmen (and women) work in […]
BMW wants to stop the production of its X1 model at VDL Nedcar in Born, The Netherlands, in 2023. By doing this, the German car manufacturer cancels the contract concluded last autumn. This guaranteed that the BMW X1 would be […]
How is the car business waking up after the corona confinement? Belgian newspaper L’Echo asked Stéphane Sertang, CEO of the car dealer group Ginion, how he sees things. Ginion Group covers a certain amount of (usually premium or high-end luxury) […]
Ford and Volkswagen have signed agreements that expand their global alliance for building midsize pickup trucks, commercial vehicles, and electric cars. Ford and Volkswagen first announced the plans at the beginning of last year. The two automotive groups already work […]
Two Limburg family businesses – logistics group H. Essers and environment and energy Group Machiels – are planning to invest 30 million euros on the site of the former Ford plant. The project they’re investing in will be called ‘Port […]
According to consulting firm AlixPartners, the coronavirus hits the automotive industry in France particularly hard. It does not expect a return to growth before 2030. Even before the pandemic, the firm warned about a crisis in the industry. After a […]
The Belgian rail operator Lineas will be deploying extra freight trains from Antwerp to Germany this summer. The railway company expects that due to the drought, ship transport on the Rhine – the most important lifeline of the German industry […]
The Volkswagen Group is investing €2 billion in China. Half of the money will be used to increase VW’s share in the joint venture with the Chinese JAC Motors to 75%. With the other half, the Germans will take a […]
The negotiations about the fusion of the ports of Antwerp and Zeebrugge are going well. Normally, this summer, the final talks will take place, and decisions will be made. “The negotiations are going on in a positive and constructive atmosphere,” […]
The market price of a barrel of crude oil has temporarily turned negative on Monday. Due to the price drop, a barrel of 159 liters of oil was worth $-37,63 at its lowest point. This means that oil companies pay […]
The International Monetary Fund (IMF) sees ‘extreme uncertainty’ about the economic recovery after the corona pandemic. The question is what impact the recovery measures will have, and there is a range of variables. The oil price, for instance, which the […]
Paul Hegge, the representative of the Belgian Rail Freight Forum, sounds the alarm bell as today he sees a 20% drop in demand for rail freight transport. Railway transports are the EU’s backbone for delivering essential goods. The logistics of […]
With a price per barrel of $23,5, oil has reached its lowest price since November 2002. Because of the corona crisis, oil consumption has dropped 10 to 15%. Also, the dispute between Saudi-Arabia and Russia seems to have no end. […]
Although there is still a lot of truck traffic on our roads, these are not golden times for the transport sector. The stagnation of economic life because of the corona crisis has its consequences here too. “I fear a snowball […]
The European Commission wants to introduce so-called ‘green lanes’ or priority lanes on the main traffic axes, where trucks can cross the border within 15 minutes. As a result of border controls, traffic jams in some places in Europe reached […]
At the moment, car dealers are only permitted to perform urgent repairs. For all other things, showrooms and workshops are closed. In a sector where the margins are already fragile, this can cause big problems. As in many other countries, […]
Few sectors have been hit harder by the outbreak of the new coronavirus than aviation. But while almost everyone in the sector is losing, there is also a winner. As a result of the cancellation of passenger flights, goods traveling […]
Lockdown or not, the Port of Antwerp is doing everything in its power to remain fully operational. The port employs some 60 000 people and is of the utmost importance for the supply of Belgium and other EU countries. “We […]
Autoconcern Volkswagen has been summoned by the Dutch Diesel Emissions Justice Foundation because of the diesel scandal. That’s what the Dutch press agency ANP writes. In addition to Volkswagen, the foundation, which is committed to all registered European victims, also […]
Tesla is going to build the Cybertruck, and the American EV manufacturer is looking for a new location in Central USA. The latter was ‘tweeted’ by its CEO Elon Musk. Specialists are tipping Nashville, Tenessee as a possible winner. The […]
The price of crude oil crashed due to lower demand and higher production. One barrel now costs $35, a drop of 22%. It has been since the Gulf War in the early 1990s that the price of crude oil fell […]
The Leuven start-up, IVEX, raises €1,2 million in capital. It will use this to invest in its safety control software for autonomous cars. The company’s technology validates the chosen path of autonomous cars. The investors are PMV, Noshaq, Marc Jacobs, […]
The felling of a part of the German forest in which Tesla’s European giga-factory is to be located has been halted. The environmental movement ‘Grüne Liga Brandenburg’ has gone to court because Tesla already felled trees without a building permit. […]
Despite its commercial success, Airbus recorded a net loss in 2019. This result is linked to exceptional costs, including fines in a corruption case for the A400M military transport aircraft. Faced with its American competitor Boeing, in 737 MAX crisis, […]
Since his venue to power, VW Group CEO, Herbert Diess, has been working on a plan to give each brand of the group a specific geographical responsibility and a trade mission. Lately, it has become clear where he wants them […]
Fiat Chrysler Automobiles (FCA) experienced a clear recovery at the end of 2019, a difficult year for the group. This allows the Italian-American manufacturer to confirm its objectives for this year. FCA also reached an agreement with the Italian tax […]
Volvo CEO, Hakan Samuelsson, was in Brussels on Thursday to comment on the good results of the Swedish/Chinese car manufacturer last year. The Ghent factory is playing a major part in these positive evolutions. In 2019, Volvo sold 705.000 cars […]
Flemish Minister of Mobility, Lydia Peeters (Open VLD), is allocating 10 million over the next five years to rebuild and better secure highway car parks. In the first phase, seven car parks will be constructed, but N-VA urges the minister […]
Flemish newspaper De Morgen interviewed Frans Timmermans, ‘Mister climate’ of the European Commission, about the European Green Deal. Timmermans does not see the Green Deal as a fixed plan, but rather as a guideline with the ultimate goal of climate […]
The Dutch car distributor Stern is in merger talks with its Swedish competitor Anders Hedin Group. While a merger is not certain yet, it could be beneficial. Both Groups’ activities are complementary, geographically, as well as in the automotive brands […]
Since Brexit was voted in 2016, the British car industry shrank 25%. Last year total car production was 1,3 million units, far away from the 2 million that were predicted only four years ago. Of course, the crisis in the […]
Advanced Metallurgical Group (AMG) wants to build a lithium plant in Germany. The aim is to prevent a shortage of batteries once the European production of electric cars is running at full speed. The German automotive world warned for such […]
While the price of cobalt has decreased due to an over-offer on the market, car manufacturers are nevertheless negotiating multi-year contracts to secure supplies. Tesla, for example, is negotiating with Glencore for its cobalt supply, like BMW already did. But […]
