Category: Newswire

The Volvo Group Passes the Milestone of One Million Connected Customer Assets for Increased Sustainability, Uptime and Safety

“The connected solutions bring increased vehicle and construction equipment uptime for our customers, better safety for drivers, operators and other road users – and of course – less emissions of carbon dioxide. The first million connected assets is only the start, we are committed to remain a leader in this field,” says Martin Lundstedt, President… Continue reading The Volvo Group Passes the Milestone of One Million Connected Customer Assets for Increased Sustainability, Uptime and Safety

Dana and Valeo Collaborate to Supply Complete 48-Volt Electric Vehicle Systems

MAUMEE, Ohio, Oct. 3, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) and Valeo today announced a global collaboration to develop and supply 48-volt electric-vehicle systems for new-mobility applications, including low-speed electric and hybrid e-AWD vehicles. The first system is scheduled to launch in early 2020 with a major European automaker on series-produced cars.   The joint… Continue reading Dana and Valeo Collaborate to Supply Complete 48-Volt Electric Vehicle Systems

Changan ford to launch 18 new models in 3 years

CHONGQING, Oct. 3 (Xinhua) — Changan Ford Automobile Co. Ltd., a joint venture between China's Changan Automobile and American automaker Ford, plans to launch 18 new automobile models by the end of 2021, including 5 new energy vehicles in the Chinese market.
Since its establishment in Chongqing in 2001, Changan Ford has produced more than 6.5 million vehicles with an output value of more than 800 billion yuan (112 billion U.S. dollars), and its annual sales were once close to 1 million vehicles. Changan Ford, however, ended the trend of continuous growth in 2017, with annual sales of 819,000 vehicles, a year-on-year decline of 14 percent. Sales in 2018 were only 378,000 units, down 54.4 precent from a year earlier.
Experts said the sales downturn of Changan Ford is partly due to a lack of new models from 2016 to 2018.
To tackle the downturn, Ford Motor said it will accelerate the localization of new models of Ford and Ford luxury brand Lincoln. The first Lincoln SUV model will be..

VW registers unit in Turkey ahead of production decision

Volkswagen has established a subsidiary in Turkey’s western Manisa province, the country’s Trade Registry Gazette showed on Wednesday, as the company nears a final decision on the location for its new production plant.The remainder will be paid in the next two years.VW had been looking into a possible new plant in eastern Europe.

Kandi Hainan Manufactured Pure EV Model K23 to be Launched in the American Market

JINHUA, China, Oct. 02, 2019 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), announced today that Kandi brand electric vehicle (“EV”) model K23, manufactured by the Company’s wholly-owned subsidiary Kandi Electric Vehicles (Hainan) Co., Ltd.* (“Kandi Hainan”), received eligibility for up to $7,500.00 in tax credits under the… Continue reading Kandi Hainan Manufactured Pure EV Model K23 to be Launched in the American Market

Goodyear Marks 75 Years at Proving Grounds with Facility Expansion

AKRON, Ohio, Oct. 2, 2019 /PRNewswire/ — As it celebrates its 75th year of tire testing operations in San Angelo, Texas, things are not slowing down for The Goodyear Tire & Rubber Company (NASDAQ: GT). Two new expansion projects at the facility further establish North America’s largest tire company as committed to performance evaluation in segments… Continue reading Goodyear Marks 75 Years at Proving Grounds with Facility Expansion