Category: Automotive

Volvo will expand the production of the XC40 to meet its “overwhelming” demand

Posted 05/24/2018 11: 37: 06CET MADRID, May 24 (EUROPA PRESS) – Volvo will expand the production of the XC40 at its plants in Ghent, Belgium, and Luqiao, in China, from the first half of next year in order to meet the “overwhelming” demand that the SUV is having. “The success of the XC40 has even… Continue reading Volvo will expand the production of the XC40 to meet its “overwhelming” demand

OLX Group injects $89m into auto marketplace Frontier Car Group

May 24, 2018 Global online classified platform OLX Group has announced an investment of $89 million, through its early-stage investment arm OLX Ventures, in the C series funding round of online car marketplace Frontier Car Group (FCG), which has presence in six countries including Indonesia and Pakistan. FCG operates brands BeliMobilGue in Indonesia and CarFirst… Continue reading OLX Group injects $89m into auto marketplace Frontier Car Group

Groupe PSA Steps up Its Digital Transformation with the Digital Factory

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) is stepping up its digital transformation with the creation of the Digital Factory. This new facility brings resources and skills together in one place to support the operational departments in their digital transformation. Several hundred internal and external experts are on hand, in: – the Customer Digital Factory:… Continue reading Groupe PSA Steps up Its Digital Transformation with the Digital Factory

Volvo Cars to expand production following overwhelming demand for XC40

Volvo Cars to expand production following overwhelming demand for XC40   Volvo Cars, the premium car maker, has received almost 80,000 orders for the new award-winning XC40 small SUV and is expanding production in Europe and China in order to meet demand.   Production will be expanded at its Ghent manufacturing plant and Volvo Cars… Continue reading Volvo Cars to expand production following overwhelming demand for XC40

Apple, Spurned by Others, Signs Deal With Volkswagen for Driverless Cars

Two former Apple employees also recalled how their colleagues built a model of a sport-utility vehicle with four seats facing each other, which some employees tested by sitting inside, similar to a design Mercedes advertised in 2015. As recently as 2016, Apple planned to spend hundreds of millions of dollars to build research and development… Continue reading Apple, Spurned by Others, Signs Deal With Volkswagen for Driverless Cars

Flight of the Valkyries.

The serially loss-making Aston Martin Holdings Ltd. is purring again. At least, that’s the conclusion you might draw from the few financial figures the luxury carmaker hands out to journalists each quarter. Revenue jumped by half last year thanks to swish new models such as the DB11. The private-equity and Kuwaiti-owned company’s 87 million pounds ($116 million) of… Continue reading Flight of the Valkyries.

 Ricardo and Ford Otosan to develop new heavy duty CV transmissions

British-based Ricardo is working with Turkey-based Ford Otosan on the design and developments of a state-of-the-art family of transmissions. It will be manufactured in-house by Ford Otosan for use in future versions of Ford Trucks. Both companies’ engineers are working in close collaboration, with Ricardo providing technical consultancy service. Ricardo is assisting Ford Otosan as… Continue reading  Ricardo and Ford Otosan to develop new heavy duty CV transmissions

News Release – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness

Please click HERE for a PDF version of the release. Reduces effort needed to open and close a car door by 40-60 percent Allows increased sealing to create a quieter cabin – a key factor in driver satisfaction ratings Will enter the market on future models with a European automaker AURORA, Ontario, May 23, 2018… Continue reading News Release – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness

Trump administration launches vehicle import probe

President Donald Trump has ordered a national security probe into vehicle imports, which could bring new tariffs. Mr Trump said the US car industry was “critical to our strength as a nation” and ordered the Department of Commerce to investigate. The probe rests on 1960s legislation which lets the president restrict imports if they threaten… Continue reading Trump administration launches vehicle import probe