GÖTEBORG, Sweden, Nov. 5, 2020 /PRNewswire/ — Volvo Group launches a Green Finance Framework for the financing of investments and projects in the area of clean transportation. The framework is classified as Dark Green by the Center for International Climate and Environmental Research (CICERO Shades of Green). To learn more about how the Volvo Group… Continue reading The Volvo Group launches green finance framework
Author: PR Newswire Online News
The Volvo Group commits to the Science Based Targets initiative
GÖTEBORG, Sweden, Nov. 5, 2020 /PRNewswire/ — The Volvo Group is taking the next step in adjusting and future-proofing the company in line with the ambitions of the Paris Climate Agreement. The ambition is that Volvo Group will be a net-zero emissions company by 2050, at the very latest. In order to be transparent on… Continue reading The Volvo Group commits to the Science Based Targets initiative
Volvo Trucks launches a complete range of electric trucks starting in Europe in 2021
Volvo Trucks is now running tests of the electric heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks, which will be used for regional transport and urban construction operations in Europe. These trucks will have a gross combination weight of up to 44 tonnes. Depending on the battery configuration the range could be up to… Continue reading Volvo Trucks launches a complete range of electric trucks starting in Europe in 2021
Veoneer appoints Ray Pekar as Chief Financial Officer
STOCKHOLM, Nov. 4, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has announced the appointment of Ray Pekar as Chief Financial Officer, effective March 2021. He first joined Autoliv in 1996 and became Vice President Business Development and Investor Relations for Veoneer upon its spin-off from Autoliv in 2018.… Continue reading Veoneer appoints Ray Pekar as Chief Financial Officer
Kia Motors’ U.S. Sales Momentum Continues With Best-Ever October Sales
Kia’s range of light trucks – Soul, Seltos, Sportage, Sorento, Telluride and Sedona – which accounted for 64-percent of sales in October, marking a 9.6-percent increase over the same period last year. “Kia continues to outpace the industry, delivering record sales in October and doing so with double-digit growth in average transaction price over the… Continue reading Kia Motors’ U.S. Sales Momentum Continues With Best-Ever October Sales
VOXX Electronics Launches VOXX Power Systems™, An Installed Battery-Backup Solution for Your Vehicle
ORLANDO, Fla., Nov. 3, 2020 /PRNewswire/ — VOXX Electronics Corporation (VEC), a wholly-owned subsidiary of VOXX International Corporation (NASDAQ: VOXX), is proud to announce the launch of its VOXX Power Systems™ (VPS), an intelligent battery-backup system for automotive, marine, motorcycle and powersport applications that gives the consumer the power they need, when they need it most by allowing them… Continue reading VOXX Electronics Launches VOXX Power Systems™, An Installed Battery-Backup Solution for Your Vehicle
Hyundai Motor America Reports October 2020 Sales
FOUNTAIN VALLEY, Calif., Nov. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total October sales of 57,395 units, a 1% increase compared with October 2019. Retail sales were up 10%. Hyundai fleet sales were down 45% and represented 9% of total volume. “October was the second straight month with double digit Hyundai retail sales growth as… Continue reading Hyundai Motor America Reports October 2020 Sales
Acquisition Of Team Wendy By Avon Rubber p.l.c. Now Closed
Together, Avon Protection and Team Wendy are a global leader in head protection systems for the military and first responder markets, following Avon Protection’s acquisition of 3M’s ballistic protection business and the Ceradyne brand earlier this year. “Today we start an exciting new chapter for Team Wendy that will usher in new opportunities for our… Continue reading Acquisition Of Team Wendy By Avon Rubber p.l.c. Now Closed
Tenneco Reports Third Quarter 2020 Results
LAKE FOREST, Ill., Nov. 2, 2020 /PRNewswire/ — Tenneco (NYSE: TEN) today announced results for the third quarter ended September 30, 2020, including the following: Revenue of $4.3 billion, down 2% versus prior year, excluding favorable currency of $17 million. Value-add revenue for the third quarter 2020 was $3.3 billion, versus $3.5 billion in the prior… Continue reading Tenneco Reports Third Quarter 2020 Results
Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture
GOTHENBURG, Sweden, Nov. 2, 2020 /PRNewswire/ — The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new… Continue reading Joint venture for large-scale production of fuel-cells: Volvo Group and Daimler Truck AG sign binding agreement for new fuel-cell joint venture