China’s Geely ramps up self-driving efforts amid auto market slowdown – Nikkei Asian Review

HONG KONG —  Geely Auto Group, China’s largest private automaker, is ramping up efforts to develop self-driving technology as it grapples with a slowdown in the domestic car market. Geely, a group company of Volvo Cars owner Zhejiang Geely Holding Group, said earlier this month that it aims to introduce Level 4 self-driving technology — defined… Continue reading China’s Geely ramps up self-driving efforts amid auto market slowdown – Nikkei Asian Review

BMW Group enhances road safety by sharing anonymised traffic data.

Eindhoven / Munich. At the ITS Congress in Eindhoven, the BMW Group, together with partners from politics and the automotive industry, as well as service providers, launched the first pilot of a neutral server platform for the exchange of safety-relevant traffic data. The aim is to increase traffic safety: To achieve this, data collected via… Continue reading BMW Group enhances road safety by sharing anonymised traffic data.

More traffic safety with Car-to-X communication: Daimler is starting a Europe-wide cooperation project

Stuttgart/Eindhoven. Working together for more safety in road traffic: In cooperation with HERE Technologies, Tom Tom and the transport authorities in six European countries, Daimler, BMW, Ford and Volvo are testing how information about acutely hazardous situations can be passed on using Car-to-X technology. Today the project partners signed a memorandum of understanding (MoU) in… Continue reading More traffic safety with Car-to-X communication: Daimler is starting a Europe-wide cooperation project

Geely Automobile Holdings Sales Volume For May 2019 Was 90,309 Units

11 June 2019, Hong Kong. Geely Automobile Holdings Limited (Group)  announced that the total sales volume of the Group (including the sales volume of LYNK & CO branded vehicles sold by the Group’s 50% owned joint venture) for the month of May 2019 was 90,309 units, a decrease of approximately 27% from the same period… Continue reading Geely Automobile Holdings Sales Volume For May 2019 Was 90,309 Units

New Lotus Type 130 hypercar to be revealed on 16 July

Lotus has confirmed that it will unwrap its all-electric Type 130 hypercar at an exclusive event in Central London on 16 July. It’s the British brand’s first all-new model in over a decade and signals the firm’s rebirth under its new owner, the Chinese auto giant Geely. The Norfolk-based firm has confirmed the Type 130… Continue reading New Lotus Type 130 hypercar to be revealed on 16 July

FCA, Renault face tall odds delivering on cost-cutting promises in merger

FRANKFURT/DETROIT (Reuters) – Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds because of the industry’s long product cycles and problems translating deal blueprints into real world success, industry veterans told Reuters. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S.… Continue reading FCA, Renault face tall odds delivering on cost-cutting promises in merger