February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

Despite a sustained positive demand across segments in February, as per analysts, auto retails are expected to witness a moderate drop in customer inquiries sequentially, especially in the passenger vehicles (PV) and commercial vehicles (CV) segments.  According to a Motilal Oswal report, there has been an 8-10 percent drop in the enquiries across PV OEMs,… Continue reading February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

Despite a sustained positive demand across segments in February, as per analysts, auto retails are expected to witness a moderate drop in customer inquiries sequentially, especially in the passenger vehicles (PV) and commercial vehicles (CV) segments.  According to a Motilal Oswal report, there has been an 8-10 percent drop in the enquiries across PV OEMs,… Continue reading February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

Ford to shrink European retail network in agency shift

Ford will adopt the agency retail model across Europe over the coming years, beginning with a trial in the Netherlands in March.  The American brand is embarking on a ground-up overhaul of its European business operations as it electrifies its product line-up. The unveiling of a US-influenced but Europe-focused electric crossover in the coming weeks –… Continue reading Ford to shrink European retail network in agency shift

Volvo Cars to open new software development facility in Poland

Volvo Cars is to open a brand-new Tech Hub in Krakow, Poland’s second-largest city. The facility will be a key software development centre and play a crucial role in Volvo’s strategic ambition to be a fully electric brand by 2030 and a leader in new technology, not least through in-house software development. The Tech hub… Continue reading Volvo Cars to open new software development facility in Poland

Volvo Cars to open new software development facility in Poland

Volvo Cars is to open a brand-new Tech Hub in Krakow, Poland’s second-largest city. The facility will be a key software development centre and play a crucial role in Volvo’s strategic ambition to be a fully electric brand by 2030 and a leader in new technology, not least through in-house software development. The Tech hub… Continue reading Volvo Cars to open new software development facility in Poland

Standard Motor Products Introduces 276 New Part Numbers

NEW YORK, Feb. 27, 2023 /PRNewswire/ — Standard Motor Products, Inc. (SMP) has introduced 276 new part numbers since the start of the year. Included in the release is new coverage for 77 product categories, and 43 part numbers for 2022 and 2023 model-year vehicles. Continue Reading Evident in this release is SMP’s continued commitment to… Continue reading Standard Motor Products Introduces 276 New Part Numbers

@Renault-Nissan-Mitsubishi: Powershare is closing series A+ round of financing

Powershare is closing series A+ round of financing PowerShare, the developer of AI & Cloud based sustainable energy digital services intended to provide Energy & Battery AI technology, is closing series A+ round of financing. The round was led by Volvo Cars Tech Fund and Alliance Ventures participated. This investment will enhance the global market… Continue reading @Renault-Nissan-Mitsubishi: Powershare is closing series A+ round of financing

Volvo claims leadership in global market for heavy electric trucks

Last year, the number of heavy electric trucks on the roads in Europe and the United States grew faster than ever before. Volvo Trucks states that it has now sold more than 4,300 electric trucks globally in more than 38 countries. In Europe, Volvo Trucks is the market leader with a 32% share of the… Continue reading Volvo claims leadership in global market for heavy electric trucks