Tag: Volvo

Tesla refutes Elon Musk’s timeline on ‘full self-driving’

What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently… Continue reading Tesla refutes Elon Musk’s timeline on ‘full self-driving’

@BMW: First quarter: Transformation accelerated – core business significantly strengthened001105

Munich. The BMW Group continued to grow extremely dynamically in the first quarter 2021 – as demonstrated by its outstanding reported figures. The Group is systematically driving its transformation process at a high pace, reaching new milestones in terms of e-mobility, digitisation and sustainability. At the same time, it was able to strengthen its business… Continue reading @BMW: First quarter: Transformation accelerated – core business significantly strengthened001105

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