Tag: Geely

Inside the industry: These premium brands are in trouble

Electrification, connectivity, autonomy, fast-moving start-up companies, a global pandemic, Brexit, semiconductor shortages, changing consumer habits, new retail models, a Suez Canal blockage… The list of short- and long-term challenges facing the car industry today is extensive, occasionally bordering on farcical and for some potentially ruinous. Who is in trouble? Here are five that we rate… Continue reading Inside the industry: These premium brands are in trouble

Used car values see largest increase in 12 years

The used car market is going strong, as cap hpi reports an overall increase of 2% at the 3-year point during April, equivalent to c.£275 per vehicle. This rise is higher than in any month since March 2009. It comes at a time of year when traditionally values tend to drop. However, once the dealerships… Continue reading Used car values see largest increase in 12 years

Geely-Proton: READ MORE000006

28 Apr 2021 PROTON COMMERCE TAKES AIM AT A RECORD SETTING YEAR – PROTON’s finance arm targets record number of disbursements in 2021    Subang Jaya, 28 April 2021 – PROTON has recorded a bright start to 2021. Cumulative sales in the first quarter of the year were the highest since March 2012, pointing towards… Continue reading Geely-Proton: READ MORE000006

Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric

GOTHENBURG, Sweden and STUTTGART, Germany, April 29, 2021 /PRNewswire/ — Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With… Continue reading Volvo Group and Daimler Truck AG fully committed to hydrogen-based fuel-cells – launch of new joint venture cellcentric

@Daimler: Daimler Truck AG and Volvo Group fully committed to hydrogen-based fuel-cells

Stuttgart, Germany / Gothenburg, Sweden – Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With the… Continue reading @Daimler: Daimler Truck AG and Volvo Group fully committed to hydrogen-based fuel-cells

Sports carmaker Lotus to ramp up production more than tenfold

The sports carmaker Lotus has unveiled plans to increase its output more than tenfold, in a boost to the UK’s post-Brexit automotive sector that will lead to new electric models being built in Norfolk. Lotus, majority-owned by China’s Geely since 2017, said it would ramp up production at sites including its Hethel plant, near Norwich,… Continue reading Sports carmaker Lotus to ramp up production more than tenfold

@Daimler: Daimler Truck AG makes significant management and organizational changes in preparation for an independent future

Daimler Truck AG is making significant changes to its management structure ahead of the spin-off and separate listing planned for late 2021 Daimler Truck AG reaffirms strategic goals: Improving profitability and leading role in the transformation of the commercial vehicle business The reorganization will see more entrepreneurial freedom and greater product development responsibility given to… Continue reading @Daimler: Daimler Truck AG makes significant management and organizational changes in preparation for an independent future

German Handelsblatt: Truck subsidiary: Daimler Truck reorganizes management prior to partial IPO

Daimler Truck CEO Martin Daum The development of software, electronics and engines – whether diesel engines or alternative drives – will be centralized in the new Truck Technology Group (TT) business unit. (Photo: dpa) Frankfurt With a view to the IPO planned for the end of the year, Daimler’s truck subsidiary has reorganized its management.… Continue reading German Handelsblatt: Truck subsidiary: Daimler Truck reorganizes management prior to partial IPO