Tag: Geely

Uber reboots its self-driving car program

Uber Advanced Technologies Group has officially resumed on-road testing of its self-driving vehicles in Pittsburgh, nine months after the company halted its entire autonomous vehicle operation after one of its vehicles struck and killed pedestrian Elaine Herzberg in the Phoenix suburb of Tempe. The relaunch follows the Pennsylvania Department of Transportation decision to authorize Uber ATG… Continue reading Uber reboots its self-driving car program

Truckmaker Volvo builds safety stockpiles to prepare for no-deal Brexit

STOCKHOLM (Reuters) – Sweden’s AB Volvo (VOLVb.ST) has triggered its hard Brexit contingency plans, with the truckmaker building “safety stock” with its British dealers and considering alternative shipping routes to minimise disruption. FILE PHOTO: A worker holds a component for a Volvo truck at the Muller manufacturing facility in Redditch, Britain August 28, 2018. REUTERS/Darren… Continue reading Truckmaker Volvo builds safety stockpiles to prepare for no-deal Brexit

Volkswagen to take over telematics specialist WirelessCar from Volvo

The Volkswagen Automotive Cloud will link the fully connected vehicle, the cloud-based platform and digital value-added services. The Volkswagen Group is acquiring a majority stake in the Swedish telematics specialist “WirelessCar” from Volvo with a view to making further advances in fleet connectivity. The Volkswagen Group is acquiring a 75.1 percent stake in WirelessCar. Completion… Continue reading Volkswagen to take over telematics specialist WirelessCar from Volvo

Arnold Clark gears up to open Aberdeen dealership

Arnold Clark is pushing ahead with plans to open a car dealership on a former supermarket site in Aberdeen. The Evening Express reports that it aims to turn an ex-supermarket site in Aberdeen into a car dealership. Proposals to turn the Lidl site on Torry’s Wellington Road into an Arnold Clark Volvo showroom were approved… Continue reading Arnold Clark gears up to open Aberdeen dealership

Press Releases – Auto industry reacts to deal on CO2 targets for cars and vans

Brussels, 17 December 2018 – The European Automobile Manufacturers’ Association (ACEA) takes note of the final deal on the CO2 regulation for cars and vans, setting targets for the years 2025 and 2030, which was struck by the EU member states and the European Parliament today. ACEA expresses serious concerns about the highly challenging CO2… Continue reading Press Releases – Auto industry reacts to deal on CO2 targets for cars and vans

Tun M hopes Proton-Geely collaboration will produce truly Malaysian car – The Edge Markets MY

KUALA LUMPUR (Dec 12): Prime Minister Tun Dr Mahathir Mohamad hopes the collaboration between Proton Holdings Bhd and Zhejiang Geely Holdings Group (Proton-Geely) will produce a truly Malaysian car in the future. Since teaming up with Geely, Proton has made progress including the launch of its first sport utility vehicle, the X70. “Of course this… Continue reading Tun M hopes Proton-Geely collaboration will produce truly Malaysian car – The Edge Markets MY

China’s Geely-owned Saxo to buy Dutch online lender BinckBank for $480m

December 17, 2018 Saxo Bank is to buy Dutch online bank BinckBank for around $480 million to expand in the online trading and investment business where competition is heating up. Traditional banks are having to compete with fintech startups, new payment providers and large internet platforms like Amazon venturing into the payment industry. In addition,… Continue reading China’s Geely-owned Saxo to buy Dutch online lender BinckBank for $480m

BMW’s premium ride-hailing service is now live in China

BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in 2016. Last Friday, the German luxury carmaker launched a premium ride-hailing service in Chengdu, the capital of China’s Sichuan Province with over 14 million people. The new offer is part of BMW’s ReachNow carsharing brand that kicked… Continue reading BMW’s premium ride-hailing service is now live in China