Trucks on course IPO: Volkswagen plans to make the truck division a member of the AG in March

All articles and backgrounds 05/03/2018 Truck on course IPO Volkswagen plans to make the truck division a member of the AG in March Scania Scania trucks The Volkswagen Group wants to bring its truck and bus business with the brands Scania and MAN media reports on the stock market. Later this month, the transformation of… Continue reading Trucks on course IPO: Volkswagen plans to make the truck division a member of the AG in March

Geely drives in for M&A loan

* Loans: Chinese carmaker borrows €3.1bn for stake in Volvo trucks By Yan Jiang HONG KONG, March 3 (IFR) – Zhejiang Geely Holding Group , China’s largest privately owned carmaker, is raising €3.05bn (US$3.8bn) to fund its acquisition of an 8.2% stake in Swedish truckmaker AB Volvo, in one of the country’s biggest outbound investments… Continue reading Geely drives in for M&A loan

Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers

Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers   Volvo Cars’ good start to 2018 continued in February after the premium car maker reported a global year-on-year sales increase of 12.1 per cent for the month, with deliveries of the new XC40 small… Continue reading Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers

1 Mar 2018 Driveline GKN’s next-generation electric vehicle driveline now in prototype test phase

Integrated ‘eTwinsterX’ system on test in prototype vehicle at GKN Wintertest New eDrive system is an ‘all in one’ unit with torque vectoring capability and two-speed e-transmission Latest technology incorporates learnings from GKN’s family of pioneering Twinster systems Petrol-powered AWD SUV reengineered as a plug-in hybrid with pure electric drive mode Redditch, UK – 01… Continue reading 1 Mar 2018
Driveline

GKN’s next-generation electric vehicle driveline now in prototype test phase

Diesel future at Daimler, VW, Volvo, BMW: Who abolishes the diesel – and who keeps his loyalty

All articles and backgrounds 03/01/2018 Diesel future at Daimler, VW, Volvo, BMW How the automakers stand on the diesel future DPA Diesel fuel pump at a gas station For one thing is clear: Matthias Wissmann is still rock solid for diesel. Even after the judgment of the Leipzig Federal Constitutional Court, the driving bans for… Continue reading Diesel future at Daimler, VW, Volvo, BMW: Who abolishes the diesel – and who keeps his loyalty

John Clark opens new Volvo dealership in Edinburgh

John Clark Motor Group has opened a Volvo dealership in Edinburgh, the first Volvo business for the group. John Clark is rated 16 in the Motor Trader Top 200 with annual turnover of £702.8m, representing Audi, BMW, Dacia, Jaguar, Land Rover, Nissan, Peugeot, Renault, Seat, Skoda, Volkswagen and now Volvo. Chris Clark, managing director, said:… Continue reading John Clark opens new Volvo dealership in Edinburgh

Volvo Cars bets big on tech start-ups, launches investment fund

Volvo Cars has launched a new investment fund aimed at investing in high potential technology start-ups around the globe. The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such as artificial intelligence, electrification, autonomous driving and digital mobility services.    The first strategic investment as… Continue reading Volvo Cars bets big on tech start-ups, launches investment fund

Volvo invests in startups

The Swedish carmaker Volvo is now launching an investment fund for startups. Autonomous drive technology – Complete system solution. Source: Volvo Almost all industry stakeholders see themselves at the startups after innovations around and so some idea is already in the models incorporated, Now Volvo goes the same way, advertising that the startups can realize… Continue reading Volvo invests in startups

Volvo Cars launches investment fund aimed at technology start-ups

Volvo Cars launches investment fund aimed at technology start-ups   Volvo Cars, the premium car maker, has launched a new investment fund aimed at investing in high potential technology start-ups around the globe.   The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such… Continue reading Volvo Cars launches investment fund aimed at technology start-ups

Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal

Zhejiang Geely Holding Group Co. held informal talks about the potential takeover of Fiat Chrysler Automobiles NV before the Chinese manufacturer turned its attention toward Daimler AG, according to people familiar with the matter. Li Shufu, the Chinese billionaire who controls Geely, approached the Italian-American carmaker in the middle of last year as he was… Continue reading Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal