Volvo Cars is betting driverless vehicles will make up one-third of its deliveries by the middle of the next decade, setting the auto industry’s most ambitious target yet for the new technology. Half of the cars the Swedish company offers will be available through its subscription service, creating links to more than 5 million consumers… Continue reading Volvo Cars Sets New Goal for Robo-Taxis in Biggest Industry Bet
Tag: Volvo
Volvo Cars announces new business ambitions
Volvo Cars announces new business ambitions Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade. On the operational side, it expects to generate half of all sales annually… Continue reading Volvo Cars announces new business ambitions
Daimler Adds Two Electric Trucks in Race Against Tesla, VW
LISTEN TO ARTICLE SHARE THIS ARTICLE Daimler AG’s truck unit unveiled two battery-powered models for the U.S. market, bolstering its bid to fend off Tesla Inc., Volvo AB and Volkswagen AG in the race to electrify big rigs. The German manufacturer’s Freightliner brand revealed the eCascadia, a highway hauler that can go as far as… Continue reading Daimler Adds Two Electric Trucks in Race Against Tesla, VW
Press Releases – Latest diesel cars emit low on-road pollutant emissions, contrary to recent misleading claims
Brussels, 6 June 2018 – Contrary to misleading claims in a new report, the latest Euro 6d diesel cars emit low pollutant emissions on the road under the new Real Driving Emissions (RDE) test, which came into application in September 2017. Under RDE, a car is driven on public roads over a wide range of… Continue reading Press Releases – Latest diesel cars emit low on-road pollutant emissions, contrary to recent misleading claims
Mercedes-Benz car subscriptions will start at $1,095 per month
Drew Phillips It seems like everyone has a car subscription service, with automakers like BMW, Volvo, Lincoln, Lexus and Mercedes offering up their vehicles Netflix-style. While we knew that Mercedes’ plan was set to go live in Nashville and Philadelphia this June, now we know the price of that sweet new ride. According to a… Continue reading Mercedes-Benz car subscriptions will start at $1,095 per month
Press Releases – Post-2020 CO2 targets: Cars must be affordable and rechargeable, auto industry says
Brussels, 5 June 2018 – One month before key votes on future CO2 targets for cars in the European Parliament, and a few weeks before discussions amongst EU environment ministers, members of the European Automobile Manufacturers’ Association (ACEA) have re-iterated their commitment to decarbonisation, as well as their concerns about the consequences of a poorly-managed… Continue reading Press Releases – Post-2020 CO2 targets: Cars must be affordable and rechargeable, auto industry says
Battery manufacturer: Daimler supplier Akasol plans IPO in June
FrankfurtThe Darmstadt-based battery system provider Akasol plans to go public in June. This was announced by the company on Tuesday. According to insiders, shares worth 100 to 125 million euros are to be sold to investors. In the IPO Akasol should be valued at 400 to 500 million euros. Akasol’s majority shareholder Sven Schulz wants… Continue reading Battery manufacturer: Daimler supplier Akasol plans IPO in June
Difficult last year of office: These five problems must solve Daimler CEO Zetsche
Dieter Zetsche The Daimler CEO is facing major challenges. (Photo: AFP / Getty Images) Stuttgart, Dusseldorf, FrankfurtAll headlights are aimed at him. Before you start, smile Dieter Zetsche again briefly. He finally knows what’s coming. “Hey Mercedes, tell me a joke,” he says Daimler-Chef in front of 400 invited guests at the premiere of the… Continue reading Difficult last year of office: These five problems must solve Daimler CEO Zetsche
Lotus boss leaves as new owner Geely promotes from within
Lotus’s boss has left the sports car manufacturer less than a year after it was acquired by Chinese automotive giant Geely. Jean-Marc Gales was brought in to the Norfolk-based company in 2014 with a remit to get it back on track after an ambitious expansion plan under former Ferrari marketing chief boss Dany Bahar failed.… Continue reading Lotus boss leaves as new owner Geely promotes from within
Exclusive: Lotus boss Jean-Marc Gales departs car maker
Jean-Marc Gales has abruptly left his position as CEO of Group Lotus plc, the Norfolk-based sports car maker and technology consultancy acquired last year by China’s Geely group, which also owns Volvo, Lynk&Co, Proton and LEVC. Gales told Autocar that he was leaving for “personal reasons” and that it was “time to move on”. He departs his job today and described it as… Continue reading Exclusive: Lotus boss Jean-Marc Gales departs car maker