Tag: Volvo

Polestar 3 electric SUV makes first UK appearance at Salon Privé

The new Polestar 3 made its first public appearance in the UK at Salon Privé in London as the firm’s first SUV.  It sports up to 510bhp in dual-motor guise, gains a host of advanced safety features and makes extensive use of sustainable materials. The firm claims this makes the SUV “more relevant and responsible”. It… Continue reading Polestar 3 electric SUV makes first UK appearance at Salon Privé

German Handelsblatt: Chart of the day: Daimler Truck benefits from Volvo006749

Daimler trucks The disruptions in the supply chain are less extensive than in autumn. (Photo: dpa) Against the weak market trend, the shares of Daimler Truck climbed. The truck manufacturer’s shares from the leading German index Dax rose by more than one percent after the Swedish competitor Volvo raised its market expectations. Volvo expects to… Continue reading German Handelsblatt: Chart of the day: Daimler Truck benefits from Volvo006749

German Handelsblatt: Chart of the day: Daimler Truck benefits from Volvo006749

Daimler trucks The disruptions in the supply chain are less extensive than in autumn. (Photo: dpa) Against the weak market trend, the shares of Daimler Truck climbed. The truck manufacturer’s shares from the leading German index Dax rose by more than one percent after the Swedish competitor Volvo raised its market expectations. Volvo expects to… Continue reading German Handelsblatt: Chart of the day: Daimler Truck benefits from Volvo006749

Volvo Car completes 96 years globally

Volvo Car Celebrates its 96th anniversary New Delhi: As Volvo Cars globally celebrates its 96th anniversary, Volvo Car India and its business partners are also taking part in the celebrations. Led by Managing Director Jyoti Malhotra, the employees of Volvo Car India drove a fleet of Volvo cars, including their all-electric model XC40 Recharge, on… Continue reading Volvo Car completes 96 years globally

At Shanghai show, auto rivals lure drivers with in-car karaoke, crystal balls, article with gallery

SHANGHAI, April 20 (Reuters) – Automakers keen to make a splash at the Shanghai auto show showed off vehicles boasting features from crystal balls to in-car karaoke systems and 3D dashboards, as competition to attract drivers heats up in the world’s largest auto market. At the first such showcase in China since the country’s COVID-19… Continue reading At Shanghai show, auto rivals lure drivers with in-car karaoke, crystal balls, article with gallery

German automakers fight to stay ahead in race against Chinese rivalsChinese brands are also adopting new strategies to make inroads in Europe.

German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top of consumer trends in the country that will define whether they maintain their market dominance in the electric age both at home and abroad. Their heavy presence – with the entire board of Volkswagen AG and more than… Continue reading German automakers fight to stay ahead in race against Chinese rivalsChinese brands are also adopting new strategies to make inroads in Europe.

Volvo Group – the first quarter 2023

GOTHENBURG, Sweden, April 20, 2023 /PRNewswire/ — “During Q1 2023, the Volvo Group’s growth continued and our profitability took a step up. Sales increased in all business areas and in all regions. Net sales rose by 25% to SEK 131.4 billion, the highest so far for a first quarter. We increased the adjusted operating income… Continue reading Volvo Group – the first quarter 2023

Motherson completes acquisition of Alabama-based plastics supplier Bolta US

Indian automotive Tier-1 conglomerate Motherson Group has completed the acquisition of Alabama, US-based automotive plastics supplier Bolta US. The Noida-headquartered company informed the Stock Exchange about the transaction in a notification dated April 17. The Motherson Group executed the transaction after Bolta US getting authorisation from the United States Bankruptcy Court, approving the sale of all its… Continue reading Motherson completes acquisition of Alabama-based plastics supplier Bolta US

Digital Procurement World (DPW) Announces 2023 Headline Speakers

Leading Tech Innovators from Across Industries and Geographies Join the Annual Procurement and Supply Chain Event in Amsterdam AMSTERDAM, April 19, 2023 /PRNewswire/ — Digital Procurement World (DPW), the world’s biggest and most influential tech event for the procurement and supply chain industry, today announced the key speakers that will headline this year’s event. The… Continue reading Digital Procurement World (DPW) Announces 2023 Headline Speakers