Tag: Volvo

Used car values see largest increase in 12 years

The used car market is going strong, as cap hpi reports an overall increase of 2% at the 3-year point during April, equivalent to c.£275 per vehicle. This rise is higher than in any month since March 2009. It comes at a time of year when traditionally values tend to drop. However, once the dealerships… Continue reading Used car values see largest increase in 12 years

Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric

GOTHENBURG, Sweden and STUTTGART, Germany, April 29, 2021 /PRNewswire/ — Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With… Continue reading Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric

@Daimler: Daimler Truck AG and Volvo Group fully committed to hydrogen-based fuel-cells

Stuttgart, Germany / Gothenburg, Sweden – Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With the… Continue reading @Daimler: Daimler Truck AG and Volvo Group fully committed to hydrogen-based fuel-cells

@Daimler: Daimler Truck AG makes significant management and organizational changes in preparation for an independent future

Daimler Truck AG is making significant changes to its management structure ahead of the spin-off and separate listing planned for late 2021 Daimler Truck AG reaffirms strategic goals: Improving profitability and leading role in the transformation of the commercial vehicle business The reorganization will see more entrepreneurial freedom and greater product development responsibility given to… Continue reading @Daimler: Daimler Truck AG makes significant management and organizational changes in preparation for an independent future

German Handelsblatt: Truck subsidiary: Daimler Truck reorganizes management prior to partial IPO

Daimler Truck CEO Martin Daum The development of software, electronics and engines – whether diesel engines or alternative drives – will be centralized in the new Truck Technology Group (TT) business unit. (Photo: dpa) Frankfurt With a view to the IPO planned for the end of the year, Daimler’s truck subsidiary has reorganized its management.… Continue reading German Handelsblatt: Truck subsidiary: Daimler Truck reorganizes management prior to partial IPO

Volvo Group invests in Designwerk Technologies AG to complement electromobility capabilities

GOTHENBURG, Sweden, April 26, 2021 /PRNewswire/ — Volvo Group has signed definitive agreements to acquire 60 percent of Designwerk Technologies AG, an engineering company in Switzerland, that develops and sells electromobility products and engineering services within electromobility eco-systems. By investing in Designwerk Technologies, the Volvo Group will complement its current capabilities when it comes to… Continue reading Volvo Group invests in Designwerk Technologies AG to complement electromobility capabilities

Renault and Dacia soon to be restricted to 180 km / h

Posted on Apr 25, 2021, 12:08 PM Renault and Dacia drivers will soon no longer be able to exceed 180 km / h. During the general meeting of shareholders, this Friday, the CEO of the diamond firm, Luca de Meo , has indeed announced that all vehicles produced by Renault and Dacia will be gradually… Continue reading Renault and Dacia soon to be restricted to 180 km / h

Volvo Group Venture Capital invests in EV charging software company Driivz

Volvo Group Venture Capital makes investments that support collaborations between startups and the Volvo Group, especially in areas such as logistics services, site solutions and electrical infrastructure. The group’s latest investment is Driivz, a software company that calls itself “the operating system for global EV charging.” The Driivz platform is designed for managing large charging… Continue reading Volvo Group Venture Capital invests in EV charging software company Driivz