Andrea Fuder, Chief Purchasing Officer at Volvo Group has tragically passed away

GOTHENBURG, Sweden, May 18, 2025 /PRNewswire/ — Andrea Fuder, Chief Purchasing Officer and a member of the Volvo Group Executive Board since 2017, has tragically passed away following a short illness. Andrea led the global purchasing team and its ecosystem of supply partners through one of the most significant transformations the industry has ever seen,… Continue reading Andrea Fuder, Chief Purchasing Officer at Volvo Group has tragically passed away

Lumax Auto Technologies to Acquire Remaining 25% Stake in IAC India

Lumax Auto Technologies Limited (LATL) announced on Friday that its Board of Directors has approved the acquisition of the remaining 25% stake in IAC International Automotive India Private Limited (IAC India) from IACG Holdings LUX SARL (IAC Lux). This move will make IAC India a wholly owned material subsidiary of LATL. IAC India is a… Continue reading Lumax Auto Technologies to Acquire Remaining 25% Stake in IAC India

Indian Passenger Vehicle Sales Hit April Record While Two-Wheelers Decline

The Indian passenger vehicle market recorded its highest-ever April sales with 348,847 units sold in April 2025, marking a 3.9% growth compared to the same month last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday. However, this represents an 8.5% decrease from the 381,358 units sold in March… Continue reading Indian Passenger Vehicle Sales Hit April Record While Two-Wheelers Decline

Clean Technica: EV Sales in Australia — April Update004019

Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! Last Updated on: 14th May 2025, 10:28 pm Compared with March 2025, plug-in vehicle sales dropped slightly in both New Zealand and Australia in April. In Australia,… Continue reading Clean Technica: EV Sales in Australia — April Update004019

EVs are helping dealers to secure ‘impressive’ profit margins

Alternatively fuelled vehicles (AFVs) have displayed a steady performance in April, with specific EVs securing some impressive profit margins, according to Dealer Auction’s EV Performance Review (EVPR). AFV bids on the platform grew from 5,772 in March to 5,968 in April. The average age remained low – unchanged at 3.4 years, maintaining the lowest levels… Continue reading EVs are helping dealers to secure ‘impressive’ profit margins

Volvo ’empowers’ China and US divisions in push for localisation

Volvo is moving to a more regionalised business model that will help it better adapt to differing market demands and legislation in Europe, the US and China. Under the stewardship of recently re-appointed CEO Håkan Samuelsson, Volvo Cars will devolve more power to its American and Chinese divisions while “more directly” steering its European operations… Continue reading Volvo ’empowers’ China and US divisions in push for localisation

Volvo CEO: long-range PHEVs could come to Europe

Volvo CEO Håkan Samuelsson believes extended-range plug-in hybrids could play an important role in Europe’s electrification transition, strengthening the possibility of the new XC70 being sold here. The XC70 was previewed last week as a mid-sized PHEV SUV to sit in between the XC60 and XC90, with a claimed electric range of 124 miles – far more… Continue reading Volvo CEO: long-range PHEVs could come to Europe

VE Commercial Vehicles Emerges as LMDT Market Leader in FY25, Clocks Best-Ever Performance

In a year marked by cautious industry sentiment and a largely flat commercial vehicle market, VE Commercial Vehicles (VECV) not only defied the trend but emerged as the No. 1 player in India’s light and medium-duty truck (LMDT) segment. The Volvo Eicher joint venture posted its highest-ever annual volumes, revenues, and profits, closing FY25 as… Continue reading VE Commercial Vehicles Emerges as LMDT Market Leader in FY25, Clocks Best-Ever Performance

Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation

GOTHENBURG, Sweden, May 14, 2025 /PRNewswire/ — Minesto, leading technology developer in ocean energy, joins the World Expo 2025 in Osaka, Japan, as part of the Swedish official delegation and partner to the Nordic Pavilion. Today 14 May, Sweden celebrated its national day at World Expo, the delegation led by HM King Carl XVI Gustaf.… Continue reading Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation

Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation

GOTHENBURG, Sweden, May 14, 2025 /PRNewswire/ — Minesto, leading technology developer in ocean energy, joins the World Expo 2025 in Osaka, Japan, as part of the Swedish official delegation and partner to the Nordic Pavilion. Today 14 May, Sweden celebrated its national day at World Expo, the delegation led by HM King Carl XVI Gustaf.… Continue reading Minesto joins World Expo 2025 in Osaka, Japan as part of the Swedish official delegation