Swedish engine plant is Volvo Cars’ first climate-neutral manufacturing site

Swedish engine plant is Volvo Cars’ first climate-neutral manufacturing site   Volvo Cars’ engine factory in Skövde, Sweden, has become the company’s first climate-neutral manufacturing plant, having switched to renewable heating as of 1 January 2018.   Skövde is the first plant in Volvo Cars’ global manufacturing network to reach this status, which marks a… Continue reading Swedish engine plant is Volvo Cars’ first climate-neutral manufacturing site

Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation

Caocao Zhuanche, an electric vehicle sharing company backed by Chinese automaker Geely, has completed a RMB1 billion (US$156 million) series A round from various investors, at a valuation of over RMB10 billion (US$1.6 billion), according to its official Weibo account. The identity of investors in the round was not disclosed. Launched in 2015, Hangzhou-based Caocao… Continue reading Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation

Cadillac will follow XT4 with a larger, third-row crossover in early 2019

CLOSE From sleek new sports cars to hefty trucks, the international auto show had something for everyone. USA TODAY Buy Photo A 2018 Cadillac XT5 Platinum Edition is seen on display on Tuesday, January 16, 2018 during the 2018 North American International Auto Show at Cobo Center in Detroit. (Photo: Ryan Garza, Detroit Free Press)Buy… Continue reading Cadillac will follow XT4 with a larger, third-row crossover in early 2019

BMW and Mercedes-Benz will also try out subscription plans for new cars

Not to be left out by rivals, BMW and Mercedes-Benz appear to be joining the world of automotive subscription models that cover all of the fees required with car ownership or leasing under one payment. Both BMW and Mercedes are expected to announce pilot programs for a subscription service that covers not only car payments,… Continue reading BMW and Mercedes-Benz will also try out subscription plans for new cars

Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU

Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: Hyundai Invests in Grab And yet, another automaker… Continue reading Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU

Geely to Use Volvo’s Europe Plants to Manufacture New Car Brand

Zhejiang Geely Holding Group Co. Ltd. and its Volvo Cars unit will make Lynk & Co vehicles at Volvo plants in Europe, according to one company executive. Details of the plan will be unveiled this year, according to Geely CEO An Conghui, who also said the automaker is considering setting up its own factory on… Continue reading Geely to Use Volvo’s Europe Plants to Manufacture New Car Brand

WHY ARE DEALERS INVESTING MILLIONS IN PROTON?

PRESS WHY ARE DEALERS INVESTING MILLIONS IN PROTON? Posted on Dec 22, 2017 Subang Jaya, 22 December 2017 – PROTON dealers are investing millions of RM in PROTON despite the challenging sentiments of the brand in the market. Dato’ Shamshudin Nor, a veteran car dealer which runs Pantai Bharu Group of Companies, spoke after a… Continue reading WHY ARE DEALERS INVESTING MILLIONS IN PROTON?

Plastic Omnium invests $300 million in the United States

Après les nouvelles usines de Chattanooga (Tennessee pour Volkswagen) et Fairfax (Kansas pour General Motors), Plastic Omnium lance la construction de deux usines supplémentaires aux Etats-Unis. L’usine de Greer (Caroline du Sud) en construction est destinée à livrer toutes les grandes pièces peintes de carrosserie extérieure des BMW X3, X4, X5, X6 et des futurs… Continue reading Plastic Omnium invests $300 million in the United States

Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow

Lookers has invested £12m in new Volvo and Jaguar dealerships in Glasgow. Its subsidiary Taggarts is relocating the Jaguar and Volvo businesses from Maryhill Road, Glasgow and Windmillhill Street, Motherwell to new dealerships at Hillington Park. The new Taggarts Jaguar Glasgow dealership includes a 29,000 ft showroom split over two floors, with capacity for over… Continue reading Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow