Autos & TransportationVolvo Cars leaps 22% on debut in boost for IPOs and electric carsOctober 29, 2021

Sweden’s second largest listing yet Priced at bottom of previously-announced range Share surge lifts valuation to about $22 bln STOCKHOLM, Oct 29 (Reuters) – Volvo Cars (VOLCARb.ST) shares surged 22% on their Stockholm market debut on Friday after wrapping up Europe’s biggest IPO of the year so far, in a boost for new issues markets… Continue reading Autos & TransportationVolvo Cars leaps 22% on debut in boost for IPOs and electric carsOctober 29, 2021

Audi turns to software to add more range to its older e-tron EVs

Audi has rolled out a new software update to its 2019 model year e-tron electric SUV that will add up to 12 miles of range to the battery. While the improvement might not seem significant — it is, after all, only 12 miles — it does show how automakers are using software to improve older… Continue reading Audi turns to software to add more range to its older e-tron EVs

Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets

Jaguar Land Rover has joined Tesla’s manufacturer pool for European Union CO2 emissions, a move that’s likely designed to help the firm avoid paying fines for missing its targets. Under EU rules, car firms are required to achieve increasingly tough average CO2 emissions targets for their car fleets. Any that misses its target faces a heavy fine of €95 (£77)… Continue reading Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets

Valeo Applauded by Frost & Sullivan for Being the Only Manufacturer of Wiper Blade Solutions for the Mercedes-Benz Actros MP5 Model

“The wiper blade in the Actros MP5 has a unique fitting because MB patented its connector to prevent the aftermarket from replicating its wiper blade product,” said Avijit Ghosh, Director of Consulting at Frost & Sullivan. “Valeo’s product exactly matches the OE version’s fit, form, and function except for the MB-patented connector. As Valeo also… Continue reading Valeo Applauded by Frost & Sullivan for Being the Only Manufacturer of Wiper Blade Solutions for the Mercedes-Benz Actros MP5 Model

Cooled by the markets, Volvo lowers its claims before its IPO

Posted on Oct 25, 2021, 11:44 AM The path to the Stock Exchange is definitely never without problems for Volvo Cars. Three years after having to give up its listing due to Sino-American trade tensions and the slowdown in the automobile market, the Swedish manufacturer must this time revise its ambitions downwards. He no longer… Continue reading Cooled by the markets, Volvo lowers its claims before its IPO