Tag: Volvo

Geely in talks to pump cash into Aston Martin: FT

LONDON (Financial Times) — China’s Geely has held talks with Aston Martin investors and management as it considers pumping much-needed cash into the luxury carmaker. The Chinese company is conducting due diligence as it looks at taking a stake in the UK group, which is in need of fresh finances, said four people familiar with… Continue reading Geely in talks to pump cash into Aston Martin: FT

Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars

The Mercedes-Benz logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany, September 10, 2019. REUTERS/Ralph Orlowski BEIJING/SHANGHAI (Reuters) – Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to build “premium and intelligent electrified” vehicles under… Continue reading Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars

Faraday Future FF91: driving the car that nearly didn’t happen – Autocar

Considering the FF91’s positioning as a smartphone on wheels of sorts, its target audience is more likely to care about the touchscreen’s size and resolution than the powertrain’s output. The software is Android-based, like Volvo and Polestar’s infotainment systems, but the interface is brand-specific, and a big part of the Faraday Future experience.  Owners will… Continue reading Faraday Future FF91: driving the car that nearly didn’t happen – Autocar

Press Releases – Ferrari joins ACEA

Brussels, 7 January 2020 – The European Automobile Manufacturers’ Association (ACEA) kicks off the new year with Ferrari becoming its newest member company. ACEA is the advocate for the automobile industry in Europe, representing manufacturers of passenger cars, vans, trucks and buses with production sites in the EU. With the addition of the Italian luxury… Continue reading Press Releases – Ferrari joins ACEA

Amazon-backed Rivian will integrate Alexa into its electric pickup and SUV

Rivian will integrate Amazon’s voice assistant Alexa into the R1T pickup and R1S SUV, the company’s first electric vehicles that are set to debut at the end of the year. Rivian said Monday it plans to also extend the Alexa integration to 100,000 electric delivery trucks that Amazon has ordered from the automaker. The electric… Continue reading Amazon-backed Rivian will integrate Alexa into its electric pickup and SUV

Daimler, Volvo mull combustion engine cooperation: report

FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer BERLIN (Reuters) – Luxury German carmaker Daimler (DAIGn.DE) and Volvo Cars, owned by China’s Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing… Continue reading Daimler, Volvo mull combustion engine cooperation: report

Mack Trucks plans down weeks, potential layoffs at Lower Macungie plant as market slows down – Morning Call

After two years of strong demand, the heavy-duty truck market is shifting into a lower gear, a slowdown that will likely lead to layoffs at Mack Trucks’ assembly plant in Lower Macungie Township. “We have communicated to our employees that we’ll have to adapt production to reduced demand sometime in the first quarter of 2020,”… Continue reading Mack Trucks plans down weeks, potential layoffs at Lower Macungie plant as market slows down – Morning Call

UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES

TEL AVIV, Israel, Jan. 2, 2020 /PRNewswire/ — Israel’s UVeye next week plans to unveil an industry-leading vehicle-inspection system based on deep-learning technology that can identify even the smallest exterior defects on any vehicle within seconds. The company’s Atlas 360-degree quality-control system, alongside its other products, will be shown for the first time in North America… Continue reading UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES