Volvo Cars to eliminate diesel from the new S60 sedan The new Volvo S60 sedan – to be launched later this spring – will be the first Volvo to be produced without a diesel engine, highlighting Volvo Cars’ commitment to a long-term future beyond the traditional combustion engine. All new Volvo models launched from 2019… Continue reading Volvo Cars to eliminate diesel from the new S60 sedan
Tag: Volvo
Press Releases – ‘Active’ vehicle safety most effective, new analysis of accident data shows
Brussels, 15 May 2018 – Ahead of the publication of the European Commission’s proposal for new vehicle safety measures later this week, the European Automobile Manufacturers’ Association (ACEA) calls for a strong focus on active safety technologies, which can prevent accidents from happening. Over the past decades, passive safety systems – like pre-tensioned seatbelts, airbags… Continue reading Press Releases – ‘Active’ vehicle safety most effective, new analysis of accident data shows
Geely considering dual-location stock market flotation of Volvo
Chinese car giant Geely is considering floating Volvo on the Hong Kong and Stockholm stock exchanges. According to Bloomberg, the burgeoning Swedish brand’s parent company has consulted three major banking firms – Goldman Sachs, Citigroup and Morgan Stanley – on the possible move. Sources disclosed that a company value of between £12 billion and £22 billion is… Continue reading Geely considering dual-location stock market flotation of Volvo
Geely threatens fine in the millions
With a spectacular coup Geely became a major shareholder of Daimler. But the Chinese automaker is said to have reported its involvement of the Financial Services Authority too late. A delicate punishment threatens. Geely owner Li Shufu and Daimler CEO Dieter Zetsche Saturday, 12.05.2018 14:23 clock Due to missed registration deadlines at the Daimler entry,… Continue reading Geely threatens fine in the millions
UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. FILE PHOTO: The Volvo logo is seen… Continue reading UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
Waylands expands Volvo business with Newbury acquisition
Waylands Automotive, the dealer group set up by ex-Ridgeway CEO John O Hanlon (pictured right), has bought Fawcetts Garage’s Volvo business in Newbury. Waylands, which already runs a Volvo business in Reading, took ownership of Fawcetts earlier this month. O’Hanlon returned to the motor trade in November last year with the launch of Waylands .… Continue reading Waylands expands Volvo business with Newbury acquisition
China’s Geely hires banks to float Volvo
China’s Geely hires banks to float Volvo Financial Times Chinese owner eyes Volvo Cars IPO, picks banks: source Reuters UK Full coverage Go to Source Go to Source
Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO
Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of… Continue reading Volvo Cars Picks Citi, Goldman, Morgan Stanley on IPO
China’s Geely said to pick Citi, others for Volvo Cars IPO
May 10, 2018 Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in… Continue reading China’s Geely said to pick Citi, others for Volvo Cars IPO
Volvo Trucks introduces an EV just for hauling garbage
Volvo Trucks Volvo Trucks has joined the short list of automakers to introduce an EV bigger than a consumer car, but the Swedish company’s new vehicle is special: It’s a garbage truck. The Volvo FE Electric is built to haul up to 27 tonnes of cargo across urban environments, and like all electric vehicles, it… Continue reading Volvo Trucks introduces an EV just for hauling garbage