Autos & Transportation · 2:33 PM UTCVolvo Cars gears up for $20 bln IPO in coming weeks, sources sayChina’s Geely Holding (GEELY.UL) is in advanced di…

A Pure Electric sign is seen above a Volvo vehicle displayed during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo STOCKHOLM, Sept 15 (Reuters) – China’s Geely Holding (GEELY.UL) is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three… Continue reading Autos & Transportation · 2:33 PM UTCVolvo Cars gears up for $20 bln IPO in coming weeks, sources sayChina’s Geely Holding (GEELY.UL) is in advanced di…

Volvo Capital Market Day re-scheduled to spring 2022

GOTHENBURG, Sweden, Sept. 14, 2021 /PRNewswire/ — The previously announced Volvo Group Capital Market Day set to take place on November 11, 2021 will be re-scheduled to spring 2022. The new date of the Capital Market Day will be announced well in advance along with information regarding whether attendance at the event will be virtual… Continue reading Volvo Capital Market Day re-scheduled to spring 2022

@Ford: Ford Pro Builds Accomplished Leadership Team Focused on Success of Commercial and Government Customers

Separate within Ford and unique among automakers, Ford Pro is a major result of the Ford+ plan for growth and value creation based on enduring, always-on relationships for customers Led by Ford Pro CEO Ted Cannis, the global leadership team represents a broad range of backgrounds and capabilities from inside and outside of Ford and… Continue reading @Ford: Ford Pro Builds Accomplished Leadership Team Focused on Success of Commercial and Government Customers

Autos & TransportationChinese automaker Geely hires former Bentley design chief9:14 AM UTC

A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China, Aug. 4, 2017. REUTERS/Aly Song/File Photo BEIJING, Sept 6 (Reuters) – Chinese automaker Geely (GEELY.UL) has hired Stefan Sielaff, the former design chief of British luxury brand Bentley, as China’s manufacturers increasingly turn to new styles to boost sales in… Continue reading Autos & TransportationChinese automaker Geely hires former Bentley design chief9:14 AM UTC

How the Chinese tycoon driving Volvo plans to tackle Tesla – Toys Matrix

HANGZHOU, China — “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford. It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less than half Volvo’s sales and a… Continue reading How the Chinese tycoon driving Volvo plans to tackle Tesla – Toys Matrix

Auto shows are back and automakers have wheeling-and-dealing to do

When automotive chieftains collect in Munich this week for Europe’s first main automotive present in two years, they’ll do extra than simply raise the veil on shiny sheet steel. These are events the place large offers have a tendency to get achieved. Consider one of many final occasions the auto world descended on a European… Continue reading Auto shows are back and automakers have wheeling-and-dealing to do

RPT-SPECIAL REPORT-How the Chinese tycoon driving Volvo plans to tackle Tesla – Reuters

By Norihiko Shirouzu 19 Min Read (Repeating story published on September 2.) HANGZHOU, China, Sept 2 (Reuters) – “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.. It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which… Continue reading RPT-SPECIAL REPORT-How the Chinese tycoon driving Volvo plans to tackle Tesla – Reuters

Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla – Midwest Communication

By Norihiko Shirouzu HANGZHOU, China (Reuters) – “Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.. It was 2008, and Leclair was responding to an offer from a little-known Chinese businessman to purchase the Swedish carmaker, which Ford owned. The businessman, Li Shufu, had a company with less… Continue reading Special Report-How the Chinese tycoon driving Volvo plans to tackle Tesla – Midwest Communication

BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These goals, including a plan to focus on the principles of… Continue reading BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions