Lithium Werks, the company of former Booking.com founder, Kees Koolen, will invest together with Chinese partners and banks 1,6 million euro in a new lithium-ion battery factory in the Yangtze region in China. Lithium Werks will provide approximately one fourth […]
Sources close to the dossier indicate that Uber is on track for an IPO in 2019. The ride-hailing company should enter the stock market at more than 100 billion dollar, the biggest ever in the technology sector. Ever since CEO, […]
Dutch navigation specialist, TomTom, has lost another big name, Volvo, to Google in the ‘dashboard battle’, the company announced on Tuesday in the margin of its quarterly previsions update. The Swedish car maker would keep on working with TomTom for […]
In the wake of ‘dieselgate’, VW daughter Audi has accepted to pay an 800 million euro fine inflicted by the German justice and has added that “it accepts its responsibility in the case”. The fine is the result of a […]
Belgian pilot, Stoffel Vandoorne, exchanges Formula 1 where he was driving for McLaren as a teammate of Fernando Alonso, for the electric Formula E championship. Formula E is not a classic motor sport and it is meant to ‘reinvent motor […]
Whether they are start-ups or conventional motor scooter makers, everyone is jumping on the electric scooter bandwagon. A new generation is hitting the streets. Without emissions and relatively cheap, the e-scooter is getting easier to charge and could play a […]
BMW has chosen to team up with Belgian material supplier and recycling group, Umicore, and Swedish battery manufactuere start-up, Northvolt, to create the fist fully European battery supply chain. The three actors will collaborate on the assembly, from the procurement […]
American car manufacturer, Ford, prefers to close down its French gearbox plant near Bordeaux (France) to a take-over by Punch Powerglide based in Strasbourg, a company ran by Belgian businessman, Guido Dumarey. Belgian entrepreneur In the near future, Ford will […]
On Monday, German police has raided Opel sites in Rüsselsheim and Kaiserslautern in an alleged software fraud affair with Euro 6 diesels. The ‘watchdog’ of the German car industry, Kraftfahrt-Bundesamt (KBA), wants Opel to recall some 95.000 cars of the […]
European transport companies have filed a complaint against six truck manufacturers – DAF, Iveco, Daimler, MAN, Scania and Volvo/Renault – for the formation of a cartel in the period between 1997 and 2011. 1,2 billion euro The first claims were […]
Just as this year’s Paris Motor Show closes its doors, Chief Commissioner Jean-Claude Girot confirms that the event welcomed more than one million visitors even though it was five days shorter than before and many car makers weren’t present. Back […]
At this year’s Paris Motor Show, BMW CEO Harald Krüger admits that the brand is going through tough times because of the new WLTP regulations and the US-China trade war. For the future, the CEO aims at 25% sales of […]
The European Parliament and the State members have revised the 2004 guidelines on workers protection against harmful substances. They have added eight new chemicals, including diesel emissions. The exposure limit has been fixed to 0,05 mg/m3. Back in 2004, the […]
Herbert Diess, CEO of the Volkswagen Group, has declared that the newly decided EU restrictions on CO2 emissions can endanger up to 100.000 jobs within the group. “A transformation at this speed is practically unmanageable, in 10 years one third […]
LeasePlan announced on Thursday it is no longer planning its stock-market launch in Amsterdam and Brussels for the next weeks because its main shareholders today fear they won’t get the price they had in mind. The financial climate was cooling […]
Handicapped by the escalating trade war between the US and China, the German car manufacturer, BMW, has announced that it will invest an additional 3,6 billion euro in its local production in China. By doing so, BMW is the first […]
Russian cargo airline, AirBridgeCargo, has chosen Liège Airport as its European hub with thirty flights per day and 400 new jobs in 2019. That new contract will push Belgium’s first freight airport into the top five of Europe by 2020. […]
In Europe only a few ‘contract vehicle manufacturer’ car factories produce cars for different brands, such as VDL Nedcar. In the past few years Nedcar produced Mini and BMW models but today the sales volumes of these models drop and […]
French companies Eurovia, Vinci Autoroutes and Marini-Ermont have presented the first kilometre of motorway realized with recycled materials on Tuesday. A new mobile plant chops the old aggregate and transforms it to form the new layer of road on location. […]
According to news agency Bloomberg, German car manufacturer, Daimler, and Chinese car maker, Geely, have concluded to create a new company that will organize car sharing services in China. Daimler and Geely are supposed to create a new company on […]
Car manufacturer Audi, part of the VW Group, is suspected of fraud in South-Korea, falsifying identification documents and chassis numbers to sell cars that aren’t complying with local environmental regulations. In the wake of the dieselgate inquiry, still going on […]
Renault and PSA Group have finally joined the gang of plug-in hybrid vehicle producers. The first will concentrate on smaller cars while the second will only offer the technology on its biggest products. The French government is considering reinstalling the […]
In the race to the electric car Asia has taken the lead. Will the European or American car industry be able to catch up? Much depends on who will win the battery struggle… Due to dieselgate and its still growing […]
When the ambitions of the countries that signed the Paris climate agreement will be carried out, they will not be sufficient to limit global warming to 1,5 degrees. Not even when additional measures are taken after 2030. This is the […]
The European Commission is pushing car manufacturers and OEMs to reflect on the creation of a big European battery alliance – like Airbus in aviation – to counter Asia’s lead. But the automotive sector is divided. PSA and Renault are […]
The Dutch VDL Groep is planning a brand new factory in Roeselare. This ensures the future of the West Flemish specialist in electric buses. Especially Dutch and Scandinavian customers place a lot of (100) orders for electric buses at VDL. […]
Colruyt and its Dats24 petrol stations are expanding the number of CNG fueling stations in Wallonia. The Liège Region’s first station will be put up by the end of the year in Seraing. Two others will follow starting next year. […]
Flemish Minister of Energy, Bart Tommelein (Open Vld), has installed the first of 15.000 solar panels on the roof of Volvo Car’s factory in Ghent. The 6.000 employees of the factory are given the opportunity to invest in the project. […]
LeasePlan confirmed on Thursday it will go public on the stock exchange in Amsterdam and Brussels ‘soon’. The Dutch number one worldwide in car leasing, managing over 1,8 million vehicles in 32 countries, didn’t give an exact date yet, but […]
Ireland-based airline, Ryanair, has changed its terms and conditions to make flight cancellation claims and refund more difficult after numerous strikes all around Europe. The airline now imposes to go through Irish courts. Consumer associations claim this practice to be […]
Chinese car makers aim at conquering the European market with Thunder Power taking home in Charleroi (Belgium) and GAC Motors presenting its latest offering at the Paris Motor Show. According to BMW’s CEO, Harald Krüger, the Chinese may have a […]
Japanese car manufacturer, Honda, will invest 2,75 billion dollar in Cruise, an independent GM spin-off specialized in the development of the autonomous car. Four months after Japanese telecom giant, Softbank, who has invested 2,2 billion dollar in Cruise and acquired […]
British sports car maker, Aston Martin, is valued at 4,33 billion pounds (4,82 billion euro) after going public on the London Stock Exchange on Wednesday, treading in the footsteps of that other iconic sports car maker, Ferrari (in 2015). Aston […]
On Wednesday the European Parliament has voted to enforce car manufacturers to reduce CO2 emissions of new cars by 40% in 2030, 10% more than the Commission proposed. Next step is to start negotiations with the member states’ environmental ministers, […]
On Monday, French President Emmanuel Macron held a gala diner for the automotive industry gathering in Paris for the Motor Show. Macron offered the CEOs a deal: he will renegotiate the future emission standards of 2030 if car manufacturers can […]
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