After two years of strong demand, the heavy-duty truck market is shifting into a lower gear, a slowdown that will likely lead to layoffs at Mack Trucks’ assembly plant in Lower Macungie Township. “We have communicated to our employees that we’ll have to adapt production to reduced demand sometime in the first quarter of 2020,”… Continue reading Mack Trucks plans down weeks, potential layoffs at Lower Macungie plant as market slows down – Morning Call
Tag: Geely
UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES
TEL AVIV, Israel, Jan. 2, 2020 /PRNewswire/ — Israel’s UVeye next week plans to unveil an industry-leading vehicle-inspection system based on deep-learning technology that can identify even the smallest exterior defects on any vehicle within seconds. The company’s Atlas 360-degree quality-control system, alongside its other products, will be shown for the first time in North America… Continue reading UVeye to Unveil Industry-Leading Vehicle-Inspection Technology at CES
@Geely: Kandi Announces the Entry of the Strategic Cooperation Agreement with Jinpeng to Jointly Develop Pure EV Market
JINHUA, CHINA, Dec. 30, 2019 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that on December 25, 2019, the Company entered into a Strategic Cooperation Agreement (“Agreement”) with Jiangsu Jinpeng Group Ltd. (“Jinpeng”), whereby Kandi and Jinpeng have agreed to jointly develop the Chinese pure electric… Continue reading @Geely: Kandi Announces the Entry of the Strategic Cooperation Agreement with Jinpeng to Jointly Develop Pure EV Market
New Number of Votes in AB Volvo
GOTHENBURG, Sweden, Dec. 30, 2019 /PRNewswire/ — The number of votes in AB Volvo has changed due to the conversion of a total of 441 304 Series A shares to a total of 441 304 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion… Continue reading New Number of Votes in AB Volvo
The making of Volvo’s crystal glass gearsticks
When the glassworks in the small Swedish town of Kosta was founded, its owners didn’t foresee it would one day make gear selectors. It was 1742, after all, when demand for car parts was somewhat limited. Yet 277 years later, Kosta’s hot shop is an unlikely hotspot for the production of Volvo gear selectors. Not regular gear… Continue reading The making of Volvo’s crystal glass gearsticks
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
Xinhua Silk Road: Geely launches local-assembled Proton X70 in Malaysia – PRNewswire
After the acquisition, Geely has comprehensively transformed proton from seven aspects in talents, channels, cost, quality, industry chain, factory renovation and new product development. Meanwhile, Geely also helped to promote Proton’s competitiveness by strictly following the Malaysian automotive industry regulations and requirements. According to An Conghui, president of Zhejiang Geely Holding Group and president and… Continue reading Xinhua Silk Road: Geely launches local-assembled Proton X70 in Malaysia – PRNewswire
Proton-Geely partnership yields desired results – New Straits Times
KUALA LUMPUR: Proton Holdings Bhd’s (Proton) strategic alliance with Zhejiang Geely Holding Group (Geely) in 2017 has started yielding desired results for the national carmaker, in particular product improvements and sales volume. Corporate strategy and risk management senior director Yusri Yusuf said the partnership had strengthened Proton’s brand in products development with better quality backed… Continue reading Proton-Geely partnership yields desired results – New Straits Times
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