Uber just quietly bought 600 acres of land to build a new test track for self-driving cars in Pittsburgh (UBER)

An Uber affiliate has purchased nearly 600 acres of land near Pittsburgh to test self-driving-car technology. The purchase marks the company’s latest expansion of its autonomous-driving efforts, which it resumed testing on public roads in Pittsburgh in December last year after suspending the program for nine months following a fatal accident in Arizona. “I can… Continue reading Uber just quietly bought 600 acres of land to build a new test track for self-driving cars in Pittsburgh (UBER)

Ford’s next Focus RS may be a powerful hybrid

Sponsored Links Ford Ford’s electrification plans might include an eco-friendly version of a hot hatchback. Car sources claim the 2021 Focus RS will be a hybrid with a beefy 400BHP gas engine driving the front wheels while an electric motor exclusively drives the rear. It’s not a completely unique concept (this is somewhat reminiscent of… Continue reading Ford’s next Focus RS may be a powerful hybrid

Volvo Group appoints Nils Jaeger president of Volvo Autonomous Solutions

Nils Jaeger, currently President Region EMEA, Volvo Financial Services, has been appointed President of the new Volvo Group business area Volvo Autonomous Solutions. He will report to the Volvo Group President and CEO Martin Lundstedt and be a member of the Group management team.  Born in 1969, Nils Jaeger has served as President Region EMEA… Continue reading Volvo Group appoints Nils Jaeger president of Volvo Autonomous Solutions

Volvo Car UK partners GoWashMyCar for smartphone-based car wash service

Volvo Car UK has come up with a new mobile car wash and valeting service that could be accessed via a designated app called Volvo Car Mobile Wash. The service is presented in conjunction with GoWashMyCar, a UK-based car wash specialist. The package includes a free car health check, covering tyre pressures and tread depth, screenwash… Continue reading Volvo Car UK partners GoWashMyCar for smartphone-based car wash service

Marshall buys Volvo Derby from Vertu Motors

Marshall Motor Holdings has today completed the takeover of the Derby Volvo franchise from Vertu Motors. It has relocated the business from Sir Frank Whittle Road to Stadium View at Derby’s Pride Park, in a side previously occupied by a Land Rover business before it was relocated by Inchcape. In a statement for customers, Marshall said: “Don’t worry –… Continue reading Marshall buys Volvo Derby from Vertu Motors

Honda will show off its in-car AI assistant at CES

Sponsored Links Engadget At CES 2020, Honda says it will finally show off its long-promised in-car personal assistant. The automaker has been working on its own digital helper since 2018 when it announced a partnership with SoundHound. Aside from the usual claims of “unprecedented” speed and accuracy, the company doesn’t say too much about how… Continue reading Honda will show off its in-car AI assistant at CES

Marshall confirms Jardine Volkswagen Group dealership acquisitions

Marshall Motor Holdings has completed the £22.3 million acquisition of eight Volkswagen Group franchised car dealerships from Jardine Motors. As exclusively reported by AM last week, the AM100 retail group has completed a deal to acquire six Volkswagen passenger car franchises in Aylesbury, Harlow, Letchworth, Loughton, Milton Keynes and St Albans together with a Volkswagen… Continue reading Marshall confirms Jardine Volkswagen Group dealership acquisitions

Volvo Group and Isuzu Motors Intend to Form Strategic Alliance

GOTHENBURG, Sweden, Dec. 18, 2019 /PRNewswire/ — The Volvo Group and Isuzu Motors today signed a non-binding Memorandum of Understanding with the intent to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing transformation of the industry.  In a first step, the intention is to establish a global… Continue reading Volvo Group and Isuzu Motors Intend to Form Strategic Alliance

Vehicle manufacturer: Orders from Daimler’s truck division collapse – that’s the reason

Daimler Trucks Orders for new trucks declined sharply. (Photo: Daimler AG) Munich The times at Daimler are rough. The core brand of the Dax group is currently shaken most violently. Just a few years ago, Mercedes cars and vans were consistently delivering sales returns of more than nine percent. Today, the people of Stuttgart would… Continue reading Vehicle manufacturer: Orders from Daimler’s truck division collapse – that’s the reason

@Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares

Volvo Cars has issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam.   The preference shares may be repurchased or converted into common shares of Volvo Car AB. No further details on the terms of sale… Continue reading @Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares