All articles by Simon Warburton
UK Q4 HGV numbers fall but stabilise
Number of HGV drivers in the workforce continues to fall, but this is stabilising.
Faurecia records 2021 sales up 8% to US$15.6bn
Faurecia notes guidance for FY 2022 is sales between EUR17.5bn and EUR18bn
Fastned opens latest UK charging station
Station comprises six chargers, each of which is supplied by 100% renewable energy.
Hertz invests in Ufodrive
Ufodrive raised US$19m in Series A funding, co-led by Hertz and Certares.
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ABP rolls out UK EV schemes in Humber
Some 17 of ABP’s 21 ports have renewable energy generation projects.
UK HGVs can now feature aerodynamic changes and longer cabs
Study estimates aerodynamic improvements to HGVs could result in fuel savings of 7% to 15%.
Michelin records segment operating income of EUR2.96bn
Sales rose by 16.3% to EUR23.8bn, while net income was EUR1.8bn, up from EUR1.7bn in 2019.
Goodyear records Q4 adjusted net income of US$162m
Supplier’s 2021 net income was also US$$764m, compared to a net loss of US$1.3bn in the prior year period.