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If Brussels Airlines cannot operate at a reasonable level by the summer months, it will need additional support. Koen Van Loo, managing director of the Federal Participation and Investment Company (FPIM), said so on Wednesday in the Parliamentary Commission for […]
French car manufacturer Renault has announced that the current (third) generation of Twingo will be the last. Small cars with combustion engines aren’t profitable anymore. The answer to the mobility problems caused has to be brought by Renault’s new Mobilize […]
Despite a dramatic pandemic year that paralyzed the world for months, Tesla has ended 2020 with a net income of €721 million on $31,5 billion in sales. A sharp contrast with the $860 million in red the year before. But […]
Volkswagen has asked ZF to deliver a new braking system for all EV models based on the electric MEB platform. Until now, the ID.3 and ID.4 electric cars on the platform are already in production. The system also manages the […]
Through its FCA Italy subsidiary, Stellantis has signed a full set of agreements to create a joint venture with Engie EPS, the industrial player within the Engie Group. The new entity aims at becoming champion in e-mobility, offering services ranging […]
The Belgian train manufacturer Bombardier from Bruges has just received an additional order to build M7 double deck 204 carriages for the Belgian national railway company NMBS/SNCB. It’s worth 450 million euros and will create 180 additional jobs. Bombardier has […]
The European Commission has approved a second project under EU state aid rules to support research and innovation in the battery value chain. The project, called ‘European Battery Innovation’, counts as an Important Project of Common European Interest (IPCEI). Participating […]
In the never-ending story of Dieselgate, there are some new developments (again). A judge in the Spanish capital Madrid has ordered that Volkswagen has to pay €3 000 compensation to each duped customer. Volkswagen has announced it will appeal. Meanwhile, […]
The Belgian Professional Association of Insurance Companies, Assuralia, will launch a newly developed database in February to combat automotive insurance fraud. It will gather data on reported damage claims and accidents and sound the alarm if a name, a number […]
The new Vietnamese car manufacturer VinFast has shown its first three electric models. The VF31, VF32, and VF33 are all SUVs, respectively, in the C, D, and E segments. The manufacturer gave some initial technical specifications. He wants to accept […]
It looks like America’s 46th President, Joe Biden, started from day one to work on a new ‘electric’ era for the auto industry. During his campaign, he promised plans to cut back emissions, push EVs in the US with scrap […]
Audi is planning an end date for the combustion engines of its A4 and A6 models. The same will apparently occur for the A8. Even in plug-in hybrids, Audi no longer wants to invest heavily. These decisions are part of […]
European truck makers estimate that around 200 000 zero-emission trucks will have to be in operation by 2030 to meet the CO2 targets for heavy-duty trucks. Based on new data from the European Manufacturers Association ACEA, this would require a […]
Automotive supplier Robert Bosch will cut 400 of 863 jobs at its windshield wiper production facility in Tienen (Belgium). According to the management, the production of windshield wipers is not profitable anymore. The company earlier needed some restructuring, and now […]
In contrast with other manufacturers, the VW Group will have to pay a fine of approximately €140 million for exceeding the average CO2 emission rate established for the group in 2020 by 0,5 grams. The pandemic and problems with the […]
During the presentation of its new strategic plan, Groupe Renault announced that Alpine would go fully electric and develop an EV sportscar together with Lotus. Both will work on a shared EV platform that the French will use for the […]
On the 4th of February, the new compact EV of Mercedes-Benz, the EQA, will go on sale all over Europe. EQA is a derivative of the recently renovated GLA and will be built in Germany and China. In Belgium, the […]
This week Flemish Mobility Minister Lydia Peeters (Open Vld) urged public bus company De Lijn to redo its homework for the tender for 200 (of 970) electric city buses. The ‘small print’ of the preliminary tender conditions demanding proof for […]
With his first press conference in a very austere setting, Carlos Tavares, the newly appointed CEO of the Stellantis PSA/FCA merger, outlined the great lines of what will be Stellantis. Stellantis will be formed by no less than 14 brands, […]
Porsche is launching an additional version of its first all-electric travel sedan, the Taycan. It is a two-wheel-drive base version that offers the greatest autonomy due to its more limited engine power. The latest rear-wheel-drive Porsche Taycan completes the existing […]
With the slogan ‘BMW Group goes Phygital’, the Belgian BMW importer organizes a flexible digital and physical commercial offensive. In compensation for the postponement of the annual Brussels Motor Show, many importers have searched for alternative solutions. January is traditionally […]
With a drop of -23,7%, passenger car registrations in the EU27 saw the biggest drop in car demand ever. 3 086 439 fewer new cars were sold, with a total of 9,9 million. December (-3,3%) couldn’t buck the trend to […]
Ten Belgian Renault dealer groups have joined forces to promote car-sharing. Under the name Share4Mobility, they want to ensure national coverage, anticipating the trend for less car ownership and more alternative car use. Share4Mobility is the initiative of 10 Belgian […]
Audi announced it is ‘deepening its partnership’ with FAW (First Automobile Works), one of the big four Chinese carmakers, in a joint venture. The Germans will hold 60% of shares, provided approval of the Chinese authorities. The goal is to […]
SAIC (Shanghai Automotive Industry Corporation), the biggest car manufacturer in China, and Alibaba, the ‘Chinese Amazon’ are launching a new EV car brand called ‘IM’. The latter stands for ‘Intelligence in Motion’ but also Zhiji Motor in Chinese. Their joint […]
Eurostar, the company that organizes the fast train connection between France and Great Britain, is on the verge of bankruptcy. Now that there is only one train a day, the company urgently needs support. The French railway company SNCF sounded […]
BMW is canceling its monthly subscription program ‘BMW Access’ by the end of January in the USA. Officially because the Nashville, Tennessee, project was always meant as a pilot with BMW now looking into future possibilities, ‘developing the next iteration’. […]
Last year, 25 807 new motorbikes were sold in Belgium. That is 3,5% more than a year earlier. This is shown by figures provided by Febiac, the Belgian federation of car and two-wheelers importers. It is a remarkable increase because, […]
Belgian historical automotive importer D’Ieteren Auto changes its name to become ‘D’Ieteren’. Although maybe not clear to non-insiders at first sight, the new identity should position it along with the group’s other activities (Belron, Moleskine, and D’Ieteren Immo) and mark […]
On Thursday, Renault Group CEO Luca de Meo announced a new strategic plan, called Renaulution. The aim is to shift the group’s strategy from volume to value. The plan is structured in three phases: resurrection (up to 2023), renovation (up […]
In a joint press release, French petroleum group Total and French energy provider Engie have announced the launch of the Masshylia project for hydrogen production from renewable electricity. A new 40 MW electrolyzer will be built on Total’s biorefinery in […]
Online sales are rising worldwide due to the corona pandemic, but those who want to buy a new car still prefer to do so physically rather than online. This is shown by a market survey among consumers by Belgian sector […]
Chinese carmaker Geely and Taiwanese electronics giant Foxconn are setting up a joint venture to become contract manufacturers for other companies wanting to build electric cars. Like Apple, for instance? Geely surely has some spare capacity to build more cars […]
Stellantis, the recently approved fusion between FCA and PSA, has been welcomed positively. Now the real work starts. Is the new group going to ignore the huge Chinese market? What about synergies? What about financial welfare? Questions to ask, answers […]
General Motors launches a new Bright Drop brand to offer electric delivery vehicles combined with roll containers and an intelligent cloud-based logistics platform. Delivery company FedEx will start using this system from the end of 2021. New brand A few […]
