Worst September for UK car sales this century

New UK car registrations fell 4.4% in September from a year earlier, according to the motor industry. That made it the worst September this century in what is normally the industry’s second most important month. There were just 328,041 new registrations in the month, said the Society of Motor Manufacturers and Traders (SMMT). The car… Continue reading Worst September for UK car sales this century

Geely’s EV maker Polestar recalls all new Polestar 2 sedans -Swedish daily DI

By Reuters Staff 1 Min Read Slideshow ( 2 images ) STOCKHOLM (Reuters) – Electric vehicle maker Polestar, owned by Volvo Cars and its parent China’s Geely, is recalling all new Polestar 2 cars due to a software glitch, business daily Dagens Industri (DI) said on Friday. The recall of close to 2,200 vehicles delivered… Continue reading Geely’s EV maker Polestar recalls all new Polestar 2 sedans -Swedish daily DI

@Daimler: Pre-series production of fuel cells: site visit in Esslingen

Stuttgart/Esslingen – In June 2020, Daimler Truck AG announced that it was consistently driving forward series production of fuel cells with Daimler Truck Fuel Cell GmbH & Co. KG. In the past ten years, experts from Daimler have already built up extensive know-how in this field and have developed production methods and processes. In close… Continue reading @Daimler: Pre-series production of fuel cells: site visit in Esslingen

Volvo starts production of fully electric XC40 Recharge

Volvo Cars has begun production of the full electric XC40 Recharge. This represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects 50 percent of its global sales to consist of fully electric cars, with the rest hybrids. The… Continue reading Volvo starts production of fully electric XC40 Recharge

Chinese FAW Group’s talks to acquire Italian truck major Iveco now on hold

Chinese state-owned carmaker FAW Group held talks to acquire Italian truck group Iveco earlier this year but these have now been put on hold, two people close to the matter said. FAW made a preliminary offer in July, valuing Iveco at a bit more than 3 billion euros ($3.5 billion), one of the sources said. The source said… Continue reading Chinese FAW Group’s talks to acquire Italian truck major Iveco now on hold

Chinese FAW Group’s talks to acquire Iveco held this year now on hold: sources

FILE PHOTO: The logo of China FAW Group Corp is pictured at the Auto China 2016 auto show in Beijing, China, April 26, 2016. REUTERS/Kim Kyung-Hoon FRANKFURT/HONG KONG/SHANGHAI (Reuters) – Chinese state-owned car maker FAW Group held talks to acquire Italian truck group Iveco earlier this year but these have now been put on hold,… Continue reading Chinese FAW Group’s talks to acquire Iveco held this year now on hold: sources