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The group purchase of an EV organized by the Flemish authorities is finished. Between half of January and half of May, 112 new electric vehicles were ordered through the initiative. In 2020, the Flemish government wants 60.000 electric cars on […]
On Wednesday, prosecutors of the Munich Court in Germany have laid criminal charges of fraud, false certification, and deliberately misleading advertising against Rupert Stadler (56), former CEO of Audi. It’s up to the Munich District II Court now to decide […]
Airplanes have never been so full of passengers, yet airlines are encountering difficulties. In one year, Ryanair lost nearly 33% of its market value while Lufthansa lost 36%. Easyjet dropped by 41%, and IAG (British Airways, Iberia & Vueling) decreased […]
Company cars are under siege. Nevertheless, not all of them are bad. Due to their frequent renewal, they reduce their CO2 emissions quicker than individually owned vehicles. The recent change to petrol from diesel has negatively influenced this tendency. It’s […]
French car group PSA, owner of Opel-Vauxhall, will close down its factory in Ellesmere Port near Liverpool in the UK and move production of the new Astra to southern Europe if the Brexit ‘derails’ under new Prime Minister Boris Johnson. […]
Air conditioning in the car has become an almost unavoidable option because of the comfort, but not without impact on your budget. Indeed, to operate correctly, the system must be maintained regularly, and if you have to recharge with gas, […]
The Dutch food delivery company, Takeaway.com, is about to take over its British competitor Just Eat. If approved by the European competition authorities, the contract will be signed next month. Together, Takeaway.com and Just Eat will be one of Europe’s […]
The European Investment Bank (EIB) wants to stop investing billions in fossil fuel projects by the end of 2020. EIB makes this major change because the world is not on track to meet the Paris climate targets. “An important signal,” […]
On Thursday, the German Braunschweig Labour Court ruled that Volkswagen had to change its defense strategy in the dieselgate case. The court found the dismissal of executive Stefanie J. for serious misconduct ‘unreasonable’. VW will be forced to reinstate her […]
The Belgian bus manufacturer, Van Hool, is going to build twenty hydrogen buses for the Dutch public transport company, Qbuzz. One of the most significant orders for hydrogen buses for the company, after the order of forty hydrogen buses for […]
Four car manufacturers have concluded a first agreement with the State of California concerning the reduction of greenhouse gases from car emissions. By doing so, they challenge the Trump administration, who wants to soften the emission regulations. After a secret […]
It’s the time of the year. Car manufacturers come with their financial results. And we see more negative than positive signs — a quick round-up of the news that gives us very mixed feelings about the near future in the […]
Because the water level is too low, the Ghent-Terneuzen canal has to restrict shipping, a first this year for a vital waterway link in Western Europe. The channel is crucial for the Ghent economy. It connects the port of Ghent, […]
The Estonian start-up Bolt is making things hot for Uber with low rates for passengers and higher profit margins for taxi drivers. In Eastern Europe and Africa, Bolt is already a major player next to Uber. 25 million users Bolt […]
The Rhine, the backbone of river freight transport in Western Europe, is once again at risk of drying up. At Kaub, a key landmark near Frankfurt, the water level dropped by half (to 1,5 meters) in less than a month. […]
Within five years, the production of electric vehicles (EV) will probably grow sixfold in Europe. But how the mining of cobalt is organized remains a disgrace, tarnishing the sustainable image of EVs. Two-thirds of the world’s cobalt reserves are situated […]
According to internal sources, Japanese carmaker Nissan is preparing to cut over 10.000 jobs worldwide for financial reasons. The partner of Renault and Mitsubishi Motors has recorded a 57% net profit drop in its last fiscal year. This year, another […]
After Geely, the biggest single shareholder, now the Chinese BAIC is buying shares of the German car manufacturer Daimler. The Germans are happy that their old partner is now also financially involved. The Chinese market becomes evermore important, also for […]
British iconic sports car manufacturer Lotus, owned by Chinese group Geely since 2017, is making a sharp turn in its strategy. Recently appointed CEO, Phil Popham, is betting on electric powertrains to bring Lotus back on the map. Once an […]
With the Al-Dafna, one of the giant LNG tankers in the world docked in the port of Zeebrugge on Sunday. The arrival of the Q-Max LNG tanker is symbolic of the substantial increase in the supply of liquefied natural gas […]
SNCF CEO, Guillaume Pepy, explains why international commercial growth is good for the French rail company. By 2025, it wants half of its turnover to be coming from abroad to better counter increasing competition at home. Mr. Pepy counts on […]
The Walloon hydrogen specialist, John Cockerill, has been selected to build the world’s largest electrolyzer. It will produce hydrogen for the fleet of 85 buses that will run in the 2022 Beijing Winter Olympics village. Power will be supplied by […]
On the 16th of August, BMW will have a new boss, Oliver Zipse. His tasks and responsibilities will be huge. Have times also changed for the German ‘big three’? Zipse will have a lot of challenges to meet shortly. Last […]
The electric bike is getting more and more popular, especially in Belgium and the Netherlands, but also in other European countries. The problem is that it seems to be three times more dangerous as well. The Dutch company Accell is […]
The electric car is about to go mainstream in Europe with 2020-2021 as a tipping point, due to Europe’s strict CO2 reduction (95 g/km) requirements for the car industry. From 60 ‘electric models’, plug-in hybrids and fuel cell vehicles included, […]
Volvo Cars has beaten its sales record in the second quarter of 2019. But meanwhile, the Chinese-owned Swedish car manufacturer saw its profitability decline, caused by prices under pressure and trade tariffs. Meanwhile, the last V40 rolls off the production […]
A Belgian consortium is investigating whether it would be feasible to produce solar energy at sea. The development of floating solar energy plants worldwide is scarcely out of the egg. Today, floating solar energy panels are rarely seen, and most […]
German carmaker Daimler wants to sell 25% of its Mercedes cars online by 2025. Prices will be identical to the ones at the dealerships, but the grade of individualizing will be more limited to enable fast delivery. “Our clients want […]
Recently, the current CEO of BMW, Harald Krüger, announced he would not go for a renewal of his mandate after April 2020. Today, the supervisory board of the group has already designated his successor, Oliver Zipse. He will take over […]
Geely-owned English car manufacturer Lotus has launched a new hypercar, the Evija. It’s electric, has 2.000 horsepower and will cost 1,9 million euros. The plan is to make 130 units. Four engines The Evija (meaning ‘the living one’) has four […]
European car sales are down 7,8% in June, after stabilization in May. European car manufacturer association, ACEA, says there were only 19 working days during the month, instead of 21 in June of 2018, which can help explain the decline. […]
“There are no bucks to make with an electric car,” Dutch garage manager André Renses from Alkmaar tells the newspaper Algemeen Dagblad. With the rise of the electric car in the Netherlands, he has made a radical switch converting his […]
With decreasing sales in China, young carmaker DS’s market penetration has been a debacle. Last year, it delivered 1.800 cars on a market where 27 million vehicles are sold every year. The French premium brand won’t give up, as it […]
With 1,9 million vehicles sold worldwide during the first semester, French Group PSA’s numbers scale back by 12,8%. Poor results on the decreasing Chinese market (-12%) and the stop of sales in Iran severely hinder the group’s progression. In Europe, […]
The International Motor Show in Frankfurt (IAA) next September has to cope with the absence of a whole bunch of car manufacturers. Only the Germans will be all present and even they are reducing on space and costs. Is it […]
