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Volvo Construction Equipment to Build New Crawler Excavator Plant in Sweden
Volvo Construction Equipment has announced plans to establish a new crawler excavator assembly plant in Eskilstuna, Sweden, as part of its strategy to strengthen its position in the excavator segment across Europe. The 30,000 square meter facility represents a 700 million SEK investment and will be capable of producing up to 3,500 machines annually. The… Continue reading Volvo Construction Equipment to Build New Crawler Excavator Plant in Sweden
Volvo Construction Equipment selects Eskilstuna, Sweden for its new Crawler Excavator assembly plant
GOTHENBURG, Sweden, Nov. 24, 2025 /PRNewswire/ — Volvo Construction Equipment (Volvo CE) expands its European industrial footprint with a new crawler excavator assembly factory in Eskilstuna, Sweden, to be serving the European markets. As announced in June this year, the investment in Sweden is part of Volvo CE’s ambitions to strengthen its position in the important… Continue reading Volvo Construction Equipment selects Eskilstuna, Sweden for its new Crawler Excavator assembly plant
New Renault electric van SHOULD be coming to America — as a Nissan
Unless they have vivid memories of guys like Nigel Mansell, Fernando Alonso, and Sebastian Vettel driving the wheels off a screaming, Renault-powered Formula 1 car, it’s tough to get an American to care about a new Renault — but Nissan’s renewed willingness to work with its old partners means we may yet get the new… Continue reading New Renault electric van SHOULD be coming to America — as a Nissan
Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives
Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives
India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits
These components form the backbone of EV powertrains and electronics. India’s electric car market continues to rely heavily on Chinese imports, with the vast majority of models failing to meet the domestic value-addition thresholds mandated under the government’s Production-Linked Incentive (PLI) scheme. According to a Times of India report, only six out of 46 electric… Continue reading India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits
Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives
Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives
Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives
Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives
Car makers still dream of move to agency sales model
Car makers haven’t given up on the dream of selling cars direct to customers, even as the number actually doing so has dwindled to just four. Currently Mercedes-Benz, Volvo and Mini are the only car makers of any scale in the UK using the so-called agency model of selling directly to customers via their network of dealers,… Continue reading Car makers still dream of move to agency sales model
Zeekr Group Announces the Election Deadline for Merger Consideration
HANGZHOU, China, Nov. 21, 2025 /PRNewswire/ — ZEEKR Intelligent Technology Holding Limited (“Zeekr Group” or the “Company”) (NYSE: ZK), the world’s leading premium new energy vehicle group, today announced that: the deadline for holders of the Company’s ordinary shares (each, a “Zeekr Share”) to elect their preferred form of merger consideration by completing the election… Continue reading Zeekr Group Announces the Election Deadline for Merger Consideration