Volvo – Page 354 – I wish I had more to offer

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TRAVAGLIATO, Italy, Feb 10 (Reuters) – By replacing around 60 welded components with a single module, gigantic aluminium die casting machines made by the likes of Tesla supplier IDRA Group are helping carmakers to simplify manufacturing and cut costs by up to 40% in some areas. Tesla (TSLA.O) has pioneered the use of massive casting… Continue reading Gallery

Volvo EX30 to be designed with focus on subscriptions

Volvo’s forthcoming electric crossover, tipped to be called the EX30, will be designed around the subscription ownership model in a bid to help the firm win over a younger audience. Set to be revealed on 15 June before sales kick off in November, the EX30 will sit below the existing Volvo XC40 Recharge in the… Continue reading Volvo EX30 to be designed with focus on subscriptions

GM shines, Ford fails to impress in new J.D. Power dependability study ranking

Ford CEO Jim Farley has said again and again it’s essential the automaker improve quality, and the new 2023 J.D. Power U.S. Vehicle Dependability Study released Thursday shows Ford and Lincoln among the worst brands. Meanwhile, General Motors sees Cadillac, Chevrolet and Buick ranking among the best. J.D. Power, a prestigious consumer insights company that… Continue reading GM shines, Ford fails to impress in new J.D. Power dependability study ranking

Energy Department Will Loan $2 Billion to Redwood Materials

The Energy Department on Thursday announced a $2 billion loan to help a Nevada company step up production of critical components of electric vehicle batteries. The company, Redwood Materials, plans to use the loan to expand a manufacturing campus near Reno, Nev., where it makes some of the components from new and recycled sources. The… Continue reading Energy Department Will Loan $2 Billion to Redwood Materials

DXC Technology Outlines Five Automotive Trends that will Reshape our Relationship with Cars in the Next Five Years

Shift to Software-Defined Vehicles to transform global auto industry LONDON, Feb. 9, 2023 /PRNewswire/ –DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, has forecast five ways the automotive industry will reshape our relationship with cars in the next five years. Continue Reading DXC Automotive 5in5 (credit Adobe) The shift to software-defined… Continue reading DXC Technology Outlines Five Automotive Trends that will Reshape our Relationship with Cars in the Next Five Years

DXC Technology Outlines Five Automotive Trends that will Reshape our Relationship with Cars in the Next Five Years

New Volvo EX90 will enter production this year

At launch, only the range-topping Ultra trim level will be offered, which includes the lidar, a driver monitoring system, a panoramic glass roof and a 25-speaker Bowers & Wilkins audio system featuring Dolby Atmos. The interior is finished in Nordico upholstery, a textile made from recycled materials including PET bottles and corks. There’s also four-zone climate… Continue reading New Volvo EX90 will enter production this year

Volvo subscriptions ‘here to stay’ after huge uptick

Volvo held 49% more active car subscriptions in 2022 than in 2021, thanks to customer demand for the new ownership model, CEO Jim Rowan has said. It had roughly 25,100 subscription cars on the road during the fourth quarter of 2022, a significant increase on the 16,900 during the same period in 2021 and 5500 at… Continue reading Volvo subscriptions ‘here to stay’ after huge uptick

Volvo boss says dealers ‘flawed’ ahead of shift to agency

The traditional car sales model is “flawed”, Volvo CEO Jim Rowan has said ahead of the brand’s switch to agency sales in the UK. Speaking on a call with journalists after the company released its full-year financial results, Rowan expressed his surprise that “a $40,000-$60,000 product” could be sold without its maker ever engaging with the… Continue reading Volvo boss says dealers ‘flawed’ ahead of shift to agency