DSV is going to create a global logistics giant with Schenker takeover. Danish transport and logistics company DSV has announced its largest purchase to date, finalizing an agreement to acquire Schenker from Deutsche Bahn.
The purchase aims to improve DSV’s global network, knowledge, and competitiveness, benefiting workers, customers, and investors. The deal is valued at €14.3 billion ($15.8 billion).
Unveiled on World EV Day, this all-electric speedster celebrates NISMO's grand return to Europe, promising an exhilarating blend of power and sustainability. World EV Day is a global celebration of the shift towards sustainable transportation, and Nissan’s new model is a testament to their commitment to that shift. By launching a performance-oriented electric vehicle on this day, Nissan is sending a strong message: electric vehicles can be both sustainable and thrilling to drive.
With its road hazard service, Bosch provides drivers with real-time information about potential hazards en route, thereby considerably reducing the risk of accidents. Since June 2024, the Bosch road hazard service has been in use millions of times over in Europe in the car fleet of a leading German automaker. Now Bosch is bringing the service to the commercial vehicle segment: starting in December 2024, it will also be available in vehicles from Mercedes-Benz Trucks.
Volvo will launch a new electric crossover called the EX60, with a debut planned for 2026. Volvo has plans to launch a new electric compact crossover called the EX60, which will slot into the lineup alongside the internal-combustion XC60. The news came at a September 5 Volvo event in Gothenburg, Sweden, a day after the automaker showed the facelifted XC90 SUV and walked back previous ambitions for an EV-only lineup by 2030.
Toyota and BMW are jointly developing a third-generation fuel cell system and working on infrastructure development co-creation, aiming to expand the lineup of fuel cell passenger cars.
Toyota Motor Corporation and the BMW Group signed an agreement to strengthen collaboration in the hydrogen sector, with a view to creating a hydrogen society and achieving overall carbon neutrality. Both companies will work together on the development of fuel cells system and the improvement of infrastructure.
Energy prices contracted 3.2% in August, led by crude oil (-6.2%) and natural gas U.S. (-4.1%). Non-energy prices eased by 1.9%.
Metal prices dropped by 3.1%, led by iron ore (-6.5%), lead (-5.3%), and copper (-4.4%). Precious metals rose by 1.8%.
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