Europe’s Truckmakers Stockpile Natural Gas as Energy Crisis Worsens
Europe’s biggest truckmakers are stockpiling natural gas and preparing to shift to alternative fuels amid the threat of a winter shortage as Russia continues to cut off pipelines to the continent.
Daimler Truck Says Chip Crunch Easing
Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.
Stellantis to Buy Mercedes-BMW Car-Sharing Venture
Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable.
Europe’s Biggest Logistics Firms Halt Deliveries Into Russia
Europe’s biggest logistics firms halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.
Elon Musk Named FT’s Person of the Year for Transforming Car Industry
The Financial Times followed Time magazine in naming Elon Musk “Person of the Year,” with the British newspaper lauding the world’s richest man’s role in shifting the automotive industry toward an all-electric future.
Lufthansa Warms to Airbus Freighter as It Plans Cargo-Fleet Expansion
Deutsche Lufthansa AG’s cargo division said it’s seeking more freighter planes to keep pace with booming global demand and that purchases could include Airbus SE’s new A350F model.
Mercedes Beats Tesla to Hands-Free Driving on the Autobahn
Daimler AG’s Mercedes-Benz won regulatory approval to deploy a hands-free driving system in Germany ahead of Tesla Inc., gaining an edge in the race to offer higher levels of automation in one of the world’s most competitive car markets.
BMW Signs Long-Term Chip Deal
BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories.
DHL to Add Electric Planes to Fleet
The race toward zero-emission logistics chains is expanding from the road to the skies.
Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.