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Free Now, European multi-mobility platform, has seen a favourable development in ride hailing and has observed a dynamic recovery in this sector after the pandemic, estimating a doubling of the brand’s local operations in Romania in 2022, a release shows. […]
Faurecia announces that it has completed the acquisition of a controlling interest in Hella GmbH & Co. KGaA, announced on August, 14, 2021. Faurecia acquired today a total of c. 79.5% of the shares in Hella including: 60% of Hella […]
Automotive and industrial supplier Schaeffler has reached a further milestone in its hydrogen strategy. The company has concluded a cooperation agreement with Hydrogenious LOHC Technologies GmbH and the Helmholtz Institute Erlangen-Nürnberg for Renewable Energies (HIERN). The common goal is to […]
Automotive and industrial supplier Schaeffler and technology company PTC, headquartered in Boston, USA, signed a memorandum of understanding (MoU) to work on an integrated, agile, and end-to-end IT landscape for developers. “The partnership with PTC is yet another milestone in […]
Unveiled in 2021, Dacia’s new visual identity marks a new chapter in the brand’s story. The first European dealership to unveil the new Dacia façade is located in the Paris region, in Melun (LS Group). The roll-out of the new […]
The hybrid era is beginning in the FIA World Rally Championship (WRC) this week at the Monte Carlo Rally (January 20–23). Through its subsidiary Compact Dynamics, the automotive and industrial supplier Schaeffler is playing a pioneering role and is equipping […]
Rombat Bistrita, the leading car battery manufacturer in Romania, consolidates its position on the local market and ends 2021 with two records: sales of new batteries, but also the largest amount of lead recovered and reintroduced in the process of […]
The Volkswagen Group and the Bosch Group have signed a memorandum of understanding to explore the establishment of a European battery equipment solution provider. The two companies plan to supply integrated battery production systems as well as on-site ramp-up and […]
Dacia reached a production of seven million cars at the plant in Mioveni. The 7,000,000 unit is a Duster from the Extreme limited series, with a 150 hp petrol engine and an EDC automatic transmission. The car will be delivered […]
In December 2021, passenger car registrations across the European Union declined by 22.8 percent to 795,295 units, marking the sixth consecutive month of decline, according to ACEA data. Most of the region’s markets faced double-digit drops, including the four major ones: […]
