All articles by Simon Warburton

Valeo and Motherson ink interior MoU

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.

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.

DOE to plough US$3bn into battery supply chain

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.