Geely – Page 132 – I wish I had more to offer

Will car buyers be excited about the return of Proton?

I have a dim and distant memory of two Bullseye contestants winning the darts game show’s star prize, which, perhaps or perhaps not unusually, wasn’t a speedboat but a car. As it was surprise-revealed to them (and this is where I wish I could be more confident in my memory, which yesterday couldn’t find my… Continue reading Will car buyers be excited about the return of Proton?

BEV sales in Europe take the slow lane in July, BMW tops for the first time

Demand for cars in Europe increased marginally by 2% last month compared to July 2023. JATO Dynamics’ data for 28 European markets revealed that a total of 1.03 million units were sold in the region, taking the number of year-to-date new car registrations to almost 7.9 million units. Growth was particularly prominent in Poland (+19%),… Continue reading BEV sales in Europe take the slow lane in July, BMW tops for the first time

Volvo receives order for 300 electric trucks from DSV

GOTHENBURG, Sweden, Aug. 22, 2024 /PRNewswire/ — Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one of the largest company fleets of heavy electric trucks… Continue reading Volvo receives order for 300 electric trucks from DSV

Short-Seller Retreat Bodes Well for BYD Shares Ahead of Earnings

(Bloomberg) — Short-sellers are losing conviction on bets against BYD Co. shares, which may continue to outperform other Chinese electric-vehicle stocks if its results next week are as good as expected. Most Read from Bloomberg Short interest in BYD’s Hong Kong-listed shares has dropped to 1.4% as of Aug. 21 from a high of 7.7%… Continue reading Short-Seller Retreat Bodes Well for BYD Shares Ahead of Earnings

Monterrey selected as site for new North American heavy-duty truck plant

GOTHENBURG, Sweden, Aug. 23, 2024 /PRNewswire/ — The Volvo Group will build its new Mexican heavy-duty truck manufacturing plant in Monterrey. As announced on April 11, the plant will supplement the Group’s U.S. production and provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets,… Continue reading Monterrey selected as site for new North American heavy-duty truck plant

Volvo bags order for 300 electric trucks from logistics company DSV

Volvo Trucks and global logistics company DSV have signed a cooperation agreement for 300 electric heavy trucks. The deal is one of the largest commercial orders to date for Volvo electric trucks. With the order, DSV will have one of the largest company fleets of heavy electric trucks in Europe. The new trucks being supplied… Continue reading Volvo bags order for 300 electric trucks from logistics company DSV

Volvo bags order for 300 electric trucks from logistics company DSV

GM-owned Cruise will partner with Uber to offer driverless rides

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images Uber Technologies and General Motors’ Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The… Continue reading GM-owned Cruise will partner with Uber to offer driverless rides

Refreshed Volvo XC90 hybrid debuts Sept. 4

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China auto association slams unfair EU tariffs on EVs

A SAIC model is driven into a cargo ship headed to Europe. [Photo provided to chinadaily.com.cn] BEIJING – The China Association of Automobile Manufacturers (CAAM) on Wednesday expressed strong dissatisfaction and firm opposition to the European Commission’s plan to slap hefty import duties on Chinese electric vehicles (EVs). Last month, the commission imposed provisional additional… Continue reading China auto association slams unfair EU tariffs on EVs