Chairman Toyoda Our 1966 joint statement reads: “Harnessing their unique characteristics, both companies will be responsible for managing operations.” However, one thing has always bugged me: I don’t know much about trucks. I call myself a carmaker, and I know about cars, but the truth is that I was unschooled in the way of trucks.… Continue reading @Toyota: [Toyota Times] Car Guy Meets Truck Guy, Sparking a Major Private-Sector Reshuffle
Tag: Geely
New 2028 Polestar 7 to be built on Volvo platform in Slovakia
The company has now confirmed that “adaptations will be made” to the modular platform to ensure it offers “the driving experience and performance characteristics that Polestar is known for”. Confirming the decision to use a Volvo platform and factory for his brand’s new entry model, Lohscheller today said: “Working with Volvo Cars to develop and… Continue reading New 2028 Polestar 7 to be built on Volvo platform in Slovakia
Invitation to the Volvo Group report on the second quarter 2025
GOTHENBURG, Sweden, July 3, 2025 /PRNewswire/ — The Volvo Group report for the second quarter 2025 will be published on July 17, at 7.20 a.m. CEST. There will be a conference call for press and analysts starting at 9.00 a.m. CEST. An online presentation of the report, followed by a question-and-answer session, will be broadcasted at… Continue reading Invitation to the Volvo Group report on the second quarter 2025
China’s Changan plans European factory, executive says
Chinese carmaker Changan is planning a European factory to support future sales and is evaluating potential sites, a company executive told Reuters. Chinese automaker Changan plans a European factory to support its future sales on the continent and is already weighing up possible locations for the plant, an executive told Reuters on Wednesday. “We’re committed… Continue reading China’s Changan plans European factory, executive says
Top 5 Thermal Camera Manufacturers in 2025 Take 88% Market Share
MUNICH, July 3, 2025 /PRNewswire/ — According to Yole’s Thermal Imaging and Sensing 2024 Market and Technology Report, Teledyne Flir, Raytron, Hikmicro, Lynred, and Seek Thermal together dominate 88 percent of the global infrared thermal imaging market. Notably, Raytron alone holds a 22 percent market share, powered by continuous R&D excellence. Since the introduction of its… Continue reading Top 5 Thermal Camera Manufacturers in 2025 Take 88% Market Share
Clean Technica: Europe EV Sales Report — King Volkswagen Rules in a Fast Growing (+34% YoY) EV Market004084
Last Updated on: 2nd July 2025, 09:30 pm EVs are picking up in Europe, with some 305,000 plugin vehicles being registered in Europe in May. That’s up 34% year over year (YoY), its fastest growth rate since August 2023. The 2025 growth rate is also accelerating, now at +24% YoY, or 1.4 million units, which… Continue reading Clean Technica: Europe EV Sales Report — King Volkswagen Rules in a Fast Growing (+34% YoY) EV Market004084
Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car startup Xpeng is keeping up the sales momentum against its rivals, even as BYD expands on its market dominance amid a fierce price war… Continue reading Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace
Independents ‘outpace’ franchised dealers in used market
Independent dealers are ‘outpacing’ franchised dealers in terms of sales performance, according to Auto Trader. The used car market has entered H2 with positivity in relation to consumer demand, speed of sale, and transactions. Consumer confidence rose in June as the global and political backdrop became less turbulent. Marc Palmer, Head of Strategy and Insights,… Continue reading Independents ‘outpace’ franchised dealers in used market
Why did Geely’s Lotus go so wrong?
The story of Geely entering the Western market began a positive one. It has been showered with praise for how it handled Volvo for its first decade in charge, making it a mainstream premium player more than ever before. But as time has gone on, there’s been little evidence to back up that early success… Continue reading Why did Geely’s Lotus go so wrong?
Volvo owner to launch Geely EV brand in UK
Geely, the Chinese firm that owns LEVC, Lotus, Polestar and Volvo, is launching its eponymous car brand in the UK. The first model bound for UK showrooms will be the Geely EX5, an electric crossover pitched against the Skoda Elroq, Kia EV3 and Renault Megane. UK specifications have yet to be confirmed, but Geely said the EX5… Continue reading Volvo owner to launch Geely EV brand in UK