Brussels, 18 October 2018 – The European Automobile Manufacturers’ Association (ACEA) has expressed its serious concerns on today’s European Parliament vote on the EU’s first-ever CO2 standards for trucks. The vote by the Parliament’s Environment Committee (ENVI) was in reaction to the European Commission’s proposal for CO2 standards for new heavy-duty vehicles, published last May.… Continue reading Press Releases – Truck CO2 standards: European Parliament vote highly alarming, says industry
Tag: Volvo
TomTom – Volvo cooperation ended
The map service provider TomTom from the Netherlands loses the Swedish automaker Volvo as a customer. There are currently major fluctuations in the traffic segment. HERE Has Google Maps pushed off the throne. Meanwhile, Google Maps is stepping up its engagement and Apple’s maps are coming soon no longer existent. Now also has the map… Continue reading TomTom – Volvo cooperation ended
Press Releases – Brexit: auto industry urges negotiators to avert worst-case scenario
Brussels, 17 October 2018 – Ahead of this evening’s Brexit summit, Europe’s auto manufacturers and suppliers have come together to issue a stark warning on the potentially far-reaching impacts of a no-deal scenario on their sector, which would threaten their very business model. Automobile production plants – be they in the EU27 or the UK… Continue reading Press Releases – Brexit: auto industry urges negotiators to avert worst-case scenario
Volvo warns some vehicle engines may exceed emission limits
STOCKHOLM (Reuters) – Sweden’s Volvo (VOLVb.ST) said on Tuesday an emissions control component used in its vehicles was degrading more quickly than expected, which could cause engines to exceed emission limits for nitrogen oxides, sending its stock down sharply. The logo of Volvo is seen on the front grill of a Volvo truck in a… Continue reading Volvo warns some vehicle engines may exceed emission limits
Zheijiang Geely Holding to issue 950 mln euro bond – Geely spokesman
STOCKHOLM, Oct 15 (Reuters) – China’s Zhejiang Geely Holding will issue a non-rated senior unsecured and fixed coupon three-year bond worth 950 million euros ($1.10 billion) to refinance borrowing arrangements linked to its previous purchase of a stake in Sweden’s AB Volvo, a Geely spokesman told Reuters. The Geely spokesman declined to provide any additional… Continue reading Zheijiang Geely Holding to issue 950 mln euro bond – Geely spokesman
Automakers Extend AI Use Beyond Autonomous Vehicles into Back Office
For companies developing autonomous vehicles, AI may be taking the wheel, but it’s also increasingly being used in the back office. Automakers, suppliers and startups developing self-driving cars are implementing deep learning algorithms to operate vehicles without a human driver. With high-performance compute solutions from NVIDIA, vehicle manufacturers are also using AI in their data… Continue reading Automakers Extend AI Use Beyond Autonomous Vehicles into Back Office
Uber-funded research project pushes new ways to measure safety of driverless cars
October 11 at 12:01 AM A typical driving test considers basic skills: Can you parallel park? Do you merge safely? Do you know to yield to pedestrians? No such government exam is required for cars driven by a computer. The idea has been dismissed by federal officials who oppose regulation and industry leaders who say… Continue reading Uber-funded research project pushes new ways to measure safety of driverless cars
Waylands Automotive acquires Johnsons Cars’ Volvo Oxford dealership
Waylands Automotive has acquired Johnsons Cars’ Volvo Oxford car dealership to extend it operations to four sites – all with the Swedish premium brand. Waylands completed the acquisition of the Botley Road franchised site on October 5 and is set to realise plans to move the facility to a new 17-car showroom just a short… Continue reading Waylands Automotive acquires Johnsons Cars’ Volvo Oxford dealership
Press Releases – Car and van CO2 targets: environment ministers adopt common position, auto industry reacts
Brussels, 10 October 2018 – Auto makers take note of the common position on future CO2 targets for cars and vans adopted by the 28 EU member states during a meeting of environment ministers in Luxembourg last night. “Further reducing CO2 emissions remains a top priority of the EU auto industry. All manufacturers are actively… Continue reading Press Releases – Car and van CO2 targets: environment ministers adopt common position, auto industry reacts
Geely and Daimler want to create a car-sharing and VTC joint venture
Unity is strength. The Chinese manufacturer Geely seeks to associate with Daimler, of which he is already the largest shareholder, to tackle the car-sharing and VTC market. The two companies are currently in talks to create a car pooling and on-demand vehicle joint venture in China, reports Bloomberg. The objective would be compete with Didi,… Continue reading Geely and Daimler want to create a car-sharing and VTC joint venture