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17 Sep 2021

EIB and Sofia ink EUR60m loan for urban mobility

Europe’s Investment Bank (EIB) and Sofia Municipality have signed a EUR60m (US$71m) framework loan to promote sustainable urban mobility in Bulgaria’s capital. In line with the objectives of the General…

16 Sep 2021

Faurecia invests in uMist Technologies

Faurecia has acquired the intellectual property assets of uMist, a Swedish start-up specialised in biomimetic spray technology, to accelerate its technology for commercial vehicle ultra-low emissions. Faurecia has developed an…

16 Sep 2021

Daimler names new Asia truck chief

Daimler Trucks Asia chief Hartmut Schick (59) will retire on 31 December, 2021, replaced on 1 December by Karl Deppen (55), currently responsible for Mercedes-Benz Trucks and Buses Latin America.…

16 Sep 2021

Vitseco debuts on Frankfurt stock market

Vitesco - the parts manufacturing unit to be spun off from Continental - has finally made its IPO debut on the Frankfurt stock market. The IPO was delayed due to…

16 Sep 2021

Hon Hai and PTT sign Thai EV production deal

Taiwanese consumer electronics manufacturer Hon Hai Precision Industry signed an agreement this week with Thai energy group PTT produce electric vehicles (EVs) in Thailand. This followed a preliminary agreement signed…

15 Sep 2021

Iveco and Nikola agree deal with Hamburg port

Iveco, the commercial vehicles brand of CNH Industrial, and Nikola Corporation signed a memorandum of understanding with Hamburg Port Authority during the inauguration of their joint venture manufacturing facility in…

15 Sep 2021

Mercedes reveals electric bus for South America

Mercedes-Benz do Brasil has launched the fully electric eO500U bus chassis, specially designed for Latin American cities, which will be produced in Sao Bernardo do Campo, Sao Paulo state, from…

15 Sep 2021

Toyota future cars and MPVs

This report follows another one on the Toyota brand's crossovers, SUVs and pick-ups, similarly highlighting certain recently launched and future models. Kei models The brand isn't particularly strong when it…