AI-based autonomous trucking software company PlusAI goes public
The company outlined an OEM-focused strategy that would see its software facilitate increased autonomous capabilities in logistics.
Nada reports light vehicle sales slow after pre-tariff surge
The recent surge in car sales caused by US trade policy on vehicle imports has subsided, with lower monthly sales forecast by the North American Dealers Association.
Amports manages growth at Mexican ports despite Q1 disruption
The terminal operator has been handling more exports from Altamira on the Gulf Coast and is expanding operations on the Pacific Coast at Lázaro Cárdenas.
Nissan and Stellantis supplier Marelli files for bankruptcy in US
The tier one supplier confirms it has applied for bankruptcy to continue operations while it looks to secure additional funding or buyout.
Rivian confirms EV software will form basis of future Volkswagen EVs
Chief software officer Wassym Bensaid commented that Rivian’s tech will ‘underpin’ future Volkswagen EVs, including zonal architecture and software.
Rare earth magnet shortage poses risk to global automotive production
China produces almost 70% of rare earth magnets but exports are now tied up in lengthy license applications, prompting supply and shortage concerns.
Maruti Suzuki moves half a million cars by rail in last year
Maruti Suzuki has moved more than 500,000 finished vehicles by rail in the last financial year, almost a quarter of its total outbound volumes distributed in the period.
Crew abandons car carrier in Pacific following fire on electric vehicle deck
The car carrier Morning Midas has caught fire in the Pacific Ocean with a cargo of 3,000 vehicles being transported to the Mexican port of Lázaro Cárdenas from China.
UECC adds Blue Heritage dual-fuel vessel to European network
UECC is boosting capacity along with sustainble ocean services options for carmakers with the addition of a dual-fuel car carrier with 7,000 CEU capacity.
Stability in Canada means steady imports through Vancouver
When the Annacis vehicle processing facility is complete the port authority expects to increase annual vehicle throughput capacity by 36% to 480,000 vehicles.
Strong and consistent business for Amports in Benicia
Amports has the potential to double its vehicle throughput in California with the combined strengths of investment in its Benicia and adjacent Antioch terminals.
Volvo Cars announces redundancies under cost and cash action plan
As part of its recently launched cost and cash action plan, the OEM announces it will reduce its global office-based workforce by 15%, mostly based in Sweden.
Volkswagen Group Logistics launches new vehicle terminal at Venice port
Volkswagen Group will open a vehicle terminal in Venice to cut lead times, increase rail use, and reduce emissions on exports to Asia and the Middle East.
James Todd Kloeb moves from Ford to Lucid in lead MP&L role
Kloeb joins Lucid after a three-decade career at Ford where he led supply chain and inbound functions, with his role at Lucid having similar responsibilities.
Trump’s ‘reciprocal’ tariffs back on while Trade Court’s decision is appealed
Trump has appealed a decision made by US court that blocked his ‘reciprocal’ tariffs, ruling he lacked authority under emergency powers to impose reciprocal trade measures.
Toyota potentially moving GR Corolla production from Japan to UK
According to sources, Toyota might relocate production of the sports model to its Derbyshire, UK, plant to better service North American market.
Dongfeng could join Nissan in vehicle assembly at Sunderland
Nissan’s new CEO Ivan Espinosa has indicated that the carmaker’s Chinese joint venture partner Dongfeng Motor could assemble cars in the UK at the Nissan Sunderland.
Antonio Filosa announced as new CEO of Stellantis
Stellantis announces company veteran and current COO Antonio Filosa as new CEO, who has the task of running the OEM at a time of increased disruption.
ChargePoint and Eaton announce new partnership to improve EV charging infrastructure in UK and North America
The endeavour will see the two companies jointly producing integrated EV charging and infrastructure solutions with end-to-end coverage.
Following recent acquisitions, Acertus strengthens C-Suite with double appointment
Following several recent acquisitions, Acertus appoints two new C-suite members to boost operational efficiency and plan for further expansion.