Energy prices decreased 1.2% in November, led by natural gas U.S. (-4.7%) and coal (-3.1%).
Metal prices contracted by 3.1%, with zinc and nickel leading the decline (-7.4% and -6.2%, respectively).
News
November 26, 2024
In October 2024, new EU car registrations reversed their decline, recording a modest 1.1% increase. Spain led the way with a robust 7.2% growth, while Germany rebounded with a 6% increase following three months of decline. Decreases were recorded in both France (-11.1%) and Italy (-9.1%).
November 20, 2024
Mercedes-Benz Vans CEE (Central and Eastern Europe Area) is embarking on an ambitious journey to redefine the electric vehicle strategy in the region. Collaborating with E.ON, a leading energy solutions provider, the two entities will launch a partnership targeting B2B charging infrastructure that will cover Romania, the Czech Republic, Slovakia and Hungary. The partnership aims to provide comprehensive and affordable charging solutions tailored for business fleets in the mentioned countries.
November 18, 2024
Volkswagen Group and Rivian Automotive launched their joint venture on Nov. 13, creating a new company called “Rivian and VW Group Technology.” The new company will focus on developing a electrical/electronic architecture and software for electric vehicles that each automaker will utilize. The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
November 13, 2024
In the first nine months of 2024, new EU van sales increased by 8.5%, reaching 1,170,310 units, driven by positive results in all four key markets. Spain led with a remarkable 16.7% rise, followed by Germany at 8.2%, Italy at 7.3%, and France at 5.8%.
November 11, 2024
Volvo Cars continues its journey to electrification, creating more flexibility for drivers of its fully electric vehicles including the new EX90 flagship SUV by opening access to more than 17,800 Tesla Supercharger stations in the U.S. and Canada. Tesla Superchargers can be found using the Volvo Cars app or built in Google Maps starting November 18, 2024.
November 7, 2024
Automotive tier suppliers can leverage AMRs to streamline material handling, cut operational costs and improve workforce safety—all without the need for expensive infrastructure overhauls. As the automotive industry continues to evolve, so too must the supply chains that support it. For tier suppliers looking to stay competitive in an increasingly demanding market, AMRs offer a clear path forward to greater efficiency and operational excellence.