Truck maker Volvo profit falls less than expected amid pandemic pain

FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of… Continue reading Truck maker Volvo profit falls less than expected amid pandemic pain

@Daimler: Preliminary results for the first quarter 2020 and outlook for the financial year 2020

As a result of the COVID-19 pandemic, market expectations for Daimler’s first quarter 2020 appear to show a large degree of variation. Against this background Daimler announces the following: Preliminary figures for the first quarter 2020 are in line with our earlier communicated trend: Daimler Group EBIT: 617mn EUR (Q1-19: 2,798mn EUR);adjusted EBIT 719mn EUR… Continue reading @Daimler: Preliminary results for the first quarter 2020 and outlook for the financial year 2020

@Geely: Kandi Technologies to Report Full Year 2019 Financial Results and Hold a Conference Call on April 28, 2020

Jinhua, China, April 21, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the “Company” or “Kandi”) announced today that it will report its full year 2019 financial results on Tuesday, April 28, 2020, before the U.S. stock market open.The Company has scheduled a conference call and live webcast to discuss its financial results… Continue reading @Geely: Kandi Technologies to Report Full Year 2019 Financial Results and Hold a Conference Call on April 28, 2020

@Daimler: The Volvo Group and Daimler Truck AG to lead the development of sustainable transportation

Daimler Truck AG and the Volvo Group share the vision of sustainable transport solutions. Successful commercialization of fuel cell technology is a key area to achieve CO2-neutral transport. 50/50 joint venture for development and large-scale production of fuel cells for applications in heavy-duty vehicles and other use cases. Sharing the Green Deal vision of sustainable… Continue reading @Daimler: The Volvo Group and Daimler Truck AG to lead the development of sustainable transportation

@Daimler: 21. Apr 2020Volvo Group and Daimler Truck AG are planning to form a joint venture

April 21, 2020 – Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce and commercialize fuel… Continue reading @Daimler: 21. Apr 2020Volvo Group and Daimler Truck AG are planning to form a joint venture

European automakers in restart mode

After almost a month-long shutdown, many automakers in Europe are restarting operations across their plants in the continent. Volvo Cars has resumed production at its Torslanda plant in Sweden. The company, has decided to reopen the plant after dialogue with relevant labour unions along with its Swedish offices. Both the plant and offices have been… Continue reading European automakers in restart mode

Volvo Group and Daimler Truck plan JV for large-scale production of fuel cells

Big news coming a day ahead of Earth Day. Sharing the Green Deal vision of sustainable transport and a carbon-neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The aim of the two… Continue reading Volvo Group and Daimler Truck plan JV for large-scale production of fuel cells

The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells

GÖTEBORG, Sweden, April 21, 2020 /PRNewswire/ — Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce… Continue reading The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells

Volvo: Android Auto because of Google Maps

The Swedish manufacturer Volvo integrates Android Auto mainly because of Google Maps. Google Maps is probably still one of the most used navigation systems, especially because it works from the smartphone and you do not need a navigation system to be installed. It is part of Android Auto, what was recently Android Automotive was replaced.… Continue reading Volvo: Android Auto because of Google Maps