Tag: Volvo

Summary of the round table of the CEOs of VI brands at the 1st Industrial Vehicle Observatory

25 April, 2022 Posted by: Jorge Platero Category: Faconauto News Digitization, the arrival of the new mobility… The directors discussed the great challenges facing the industrial vehicle. One of the activities that generated the most interest in the past Industrial Vehicle Observatory was, without a doubt, the round table of CEOs of VI brands. For… Continue reading Summary of the round table of the CEOs of VI brands at the 1st Industrial Vehicle Observatory

Volvo Group – the first quarter 2022

GÖTEBORG, Sweden, April 22, 2022 /PRNewswire/ — “Economic activity continued to be good in Q1 2022 with high transport volumes and good construction activity in most markets. We increased sales and improved profitability. Our net sales grew by 12% to SEK 105.3 billion. The high business activity combined with our growing service contract portfolio resulted in… Continue reading Volvo Group – the first quarter 2022

Range Rover relies on smart digital lighting from ZKW

Intelligent LED headlights provide glare-free high beam and can project animations onto the road WIESELBURG, Austria, April 20, 2022 /PRNewswire/ — The all-new Range Rover illuminates the road with a new type of lighting system from ZKW. The “Digital Light Processing” LED headlights not only produce stepless, glare-free high beams that automatically block out oncoming or… Continue reading Range Rover relies on smart digital lighting from ZKW

Volvo invests in electric car battery developer StoreDot

Volvo has anmounced it is investing in StoreDot, an Israeli company developing fast-charging battery technology for electric cars. StoreDot has previously said it is working on technology that could result in batteries that can charge up to 99 miles of pure electric range in five minutes. The partnership could mean StoreDot’s technology could hit the… Continue reading Volvo invests in electric car battery developer StoreDot

Volvo Cars Tech makes strategic investment in StoreDot

Volvo Cars, through Volvo Cars Tech Fund has made a strategic investment in Israel-based StoreDot, which is working on extreme fast charging technologies for electric vehicles. Meir Halberstam, CFO, StoreDot said “We are moving closer to the mass production of our batteries and this investment from Volvo Cars Tech Fund is yet another huge vote… Continue reading Volvo Cars Tech makes strategic investment in StoreDot

New Vehicle Prices Ease Down But Still Straddle Above MSRP

New-vehicle average transaction price changes month-over-month by segment saw only cars increasing and all other segments decreasing. Source: Cox Automotive New-vehicle average transaction prices (ATPs) decreased to $45,927 in March 2022 after reaching a record high in December 2021, according to new data released April 11 by Kelley Blue Book. Prices fell 0.3% ($156) month… Continue reading New Vehicle Prices Ease Down But Still Straddle Above MSRP

New Jaguar F-Pace 300 Sport and 400 Sport models introduced for 2022

Two new additions for the Jaguar F-Pace SUV line-up have been revealed for 2022, adding a pair of new sub-SVR range-topping models to the brand’s Volvo XC60 and BMW X3 rival. Called 300 Sport and 400 Sport, the new duo are priced from £62,250 and £68,520 respectively, which means that only the 5.0-litre V8 supercharged… Continue reading New Jaguar F-Pace 300 Sport and 400 Sport models introduced for 2022

Volvo sales will be 10 per cent electric cars in 2022

Volvo expects one in 10 of the cars it sells in 2022 to be pure electric, almost doubling the percentage share of zero-emissions vehicles it sold in the final quarter of last year. The Swedish brand’s round-up of financial results revealed that amid a record year for revenue, 34 per cent of Volvo’s sales in… Continue reading Volvo sales will be 10 per cent electric cars in 2022