Volvo Cars has issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam. The preference shares may be repurchased or converted into common shares of Volvo Car AB. No further details on the terms of sale… Continue reading @Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares
Category: OEMRSSCHK
@Daimler: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
Dynamic growth in joint ventures’ mobility services: nearly 90 million customers – up 44 percent since start of 2019 New umbrella organisation supports efficient steering and focusing of activities FREE NOW increases gross merchandise value (run rate) / platform revenues significantly to reach new record of more than two billion euros Munich/Stuttgart – Following the… Continue reading @Daimler: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
@Suzuki: Dec 16, 2019 With Over 6 Lakh Automatic Cars sold, Maruti Suzuki bets big on AMT, AT & CVT Technolo…
• Three options of automatic transmission – AGS, AT and CVT • Widest range of 12 models with 2 pedal technology across segments • Popular choices include; Celerio, WagonR, Swift, Baleno, DZire New Delhi: Maruti Suzuki India Limited has created a new milestone with the sales of over 6 lakh automatic transmission passenger vehicles. Out… Continue reading @Suzuki: Dec 16, 2019 With Over 6 Lakh Automatic Cars sold, Maruti Suzuki bets big on AMT, AT & CVT Technolo…
@Renault: LADA 4х4: new comfort level of classic SUV
LADA launches production of the modernized LADA 4×4 SUV: the car received a modernized interior and became more comfortable and safer. A new climate system control module appeared on the fully updated dashboard. Three controls and electronic heater shutter, as well as new air ducts increase system performance and operation comfort. In addition, the glove… Continue reading @Renault: LADA 4х4: new comfort level of classic SUV
@BMW: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
Munich/Stuttgart – Following the successful launch of the YOUR NOW joint ventures in February 2019, the companies are maintaining their dynamic growth course: Almost 90 million people currently use the joint ventures’ mobility services for car-sharing, ride-hailing, parking, charging and multimodal platforms, which are offered in over 1,300 cities worldwide. The shareholders are now setting… Continue reading @BMW: BMW Group and Daimler Mobility AG pave the way for profitable growth at mobility joint ventures
@Geely: Mon 16 Dec 2019Lotus Evija: dynamic test notes (G. Kershaw)Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and I…
Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and Italy Date: 6 December 2019Driver: Gavan Kershaw, Director, Attributes and Product Integrity, Lotus CarsLocation: Hethel, Norfolk, UKCar: Lotus Evija engineering prototype #2 Pre-test notes: Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and Italy. Engineering prototype #2 is the… Continue reading @Geely: Mon 16 Dec 2019Lotus Evija: dynamic test notes (G. Kershaw)Latest shakedown follows extensive computer simulations, plus multiple sessions in UK and I…
@VW Group: ‘Project Qatar Mobility’: Self-driving shuttles set to take Doha’s local public transport to the next level in 2022
For the first time ever a cutting-edge fleet of self-driving Level 4 electric shuttles will usher in a new era of urban mobility in a capital city in 2022: Earlier today in Doha, representatives of Volkswagen AG and the Qatar Investment Authority (QIA) signed the ‘Project Qatar Mobility’. The goal is to develop a ground-breaking… Continue reading @VW Group: ‘Project Qatar Mobility’: Self-driving shuttles set to take Doha’s local public transport to the next level in 2022
@Groupe PSA: New Opel Grandland X Plug-in-Hybrid with Front-Wheel Drive
All-wheel drive PHEV joined by front-wheel drive version System power totals 165kW (224hp) Up to 57km all-electric range (WLTP1) Potential €38,512 entry-price in Germany with higher “environmental bonus” All Opel models electrified by 2024 Rüsselsheim. The next electrified Opel is coming. After the all-electric Opel Corsa-e and the four-wheel drive Grandland X plug-in hybrid electric… Continue reading @Groupe PSA: New Opel Grandland X Plug-in-Hybrid with Front-Wheel Drive
@Ford: Ford Motor Company Issues Safety Recall for Select 2017-19 Ford Super Duty SuperCrew Vehicles with Carpet Flooring
DEARBORN, Mich., Dec. 13, 2019 – Ford Motor Company is issuing a safety recall for select 2017-19 Ford Super Duty SuperCrew vehicles with carpet flooring due to the risk of a post-crash interior fire. In affected vehicles, a front seat belt pretensioner that deploys during a crash can generate excessive sparks. In some cases, this… Continue reading @Ford: Ford Motor Company Issues Safety Recall for Select 2017-19 Ford Super Duty SuperCrew Vehicles with Carpet Flooring
@FCA: Christmas Tree Atop New FCA Plant Marks More than Just the Holidays
December 13, 2019 , Detroit – FCA today raised a Christmas tree to “top off” the new paint shop being built as part of a $1.6 billion investment to construct a new assembly plant on Detroit’s eastside. While most recognize the evergreen tree as a classic symbol of the holiday season, for the ironworkers who spent the… Continue reading @FCA: Christmas Tree Atop New FCA Plant Marks More than Just the Holidays