Volvo Cars to focus on new ways of introducing cars and services to consumers Volvo Cars, the premium car maker, will continue its move away from traditional auto industry events to focus on bespoke activities to introduce its new cars, technologies and services to media and consumers. The shift towards purpose-specific communications supports the company’s… Continue reading Volvo Cars to focus on new ways of introducing cars and services to consumers
Tag: Financial Results
Dealers see average profit of £9,300 in April
A strong used car performance helped the average UK motor retailer deliver a strong performance for the month of April. Dealers saw an average £9,900 increase in profits compared to April 2017, which saw profits of just £600, which was hit by a combination of the Easter holiday falling in April in 2017 and a… Continue reading Dealers see average profit of £9,300 in April
Supplier dispute with VW: Prevent subsidiary closes Leipzig plant
All articles and backgrounds 08/06/2018 Supplier dispute with VW Prevent subsidiary closes Leipzig plant DPA Worker of the New Halberg font Around 800 jobs are to be canceled: A subsidiary of the VW supplier Prevent wants to close its Leipzig foundry. The companies reproach each other. The dispute between the car supplier Prevent and Volkswagen… Continue reading Supplier dispute with VW: Prevent subsidiary closes Leipzig plant
Volvo Cars Sets New Goal for Robo-Taxis in Biggest Industry Bet
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
Peer-to-Peer Ridesharing Platform, HyreCar Files Registration Statement for Proposed Initial Public Offering
LOS ANGELES, June 7, 2018 /PRNewswire/ — Today, HyreCar Inc. announced it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of shares of its common stock. HyreCar Inc. plans to offer 2,100,000 shares of its common stock at a… Continue reading Peer-to-Peer Ridesharing Platform, HyreCar Files Registration Statement for Proposed Initial Public Offering
British automotive company Cosworth eyes New York IPO in 2019
NEW YORK, June 7 (Reuters) – Cosworth, the British automotive engineering company famous for the engines it once made for Formula One racing teams, plans an initial public offering (IPO) in New York as early as next year, Chairman Kevin Kalkhoven said on Thursday. Cosworth has broadened its focus in recent years from manufacturing engines… Continue reading British automotive company Cosworth eyes New York IPO in 2019
UPDATE 3-Fatal Tesla Autopilot crash driver had hands off wheel – U.S. agency
WASHINGTON (Reuters) – The driver of a Tesla Inc Model X car using Autopilot did not have his hands on the steering wheel in the six seconds before a fatal crash in California in March, the U.S. National Transportation Safety Board said Thursday. The logo on a 2018 Tesla Model 3 electric vehicle is shown… Continue reading UPDATE 3-Fatal Tesla Autopilot crash driver had hands off wheel – U.S. agency
Dana Builds on 75-Years of Jeep® Heritage
BUTLER, Pa., June 7, 2018 – Since its inception, the Jeep® name has been synonymous with rugged performance, and for more than 75 years, Jeep has Dana as its original-equipment driveline supplier. Building on that heritage, Dana Incorporated (NYSE: DAN) has introduced a new line of Dana axles with AdvanTEK® technology that will be featured… Continue reading Dana Builds on 75-Years of Jeep® Heritage
Nissan announces first sustainability plan with key targets for FY2022
Nissan Sustainability 2022 will strengthen environmental, social and governance initiatives as part of midterm strategy YOKOHAMA, Japan (June 7, 2018) – Nissan Motor Co., Ltd. today launched Nissan Sustainability 2022, a plan to reduce the company’s environmental impact, strengthen diversity and inclusion, and enhance governance, in line with the company’s midterm plan, Nissan M.O.V.E. to… Continue reading Nissan announces first sustainability plan with key targets for FY2022
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