Volvo Group appoints Jan Ytterberg as new financial director

Posted 06/19/2018 11:27:11 CET GÖTEBORG (SWEDEN), 19 Jun. (EUROPA PRESS) – The industrial consortium Volvo has appointed Jan Ytterberg as the company’s new financial director to replace Jan Gurander, who had been combining this responsibility with that of the company’s vice president, Volvo Group said in a statement. With this appointment, the company plans to… Continue reading Volvo Group appoints Jan Ytterberg as new financial director

Polestar 1 Uses Carbon Fiber Reinforced Plastic To Cut 500+ LBS

There are also design benefits from the CFRP. You can already pre-order Polestar’s first-ever production vehicle, the Polestar 1 hybrid coupe, with a refundable $2,500 deposit (€2,500 or ¥20,000, depending on the market). However, the vehicle is not slated to arrive in showrooms before next year, so meanwhile the automaker wants to give you some… Continue reading Polestar 1 Uses Carbon Fiber Reinforced Plastic To Cut 500+ LBS

Volvo Cars aims for 25 per cent recycled plastics in every new car from 2025

Volvo Cars aims for 25 per cent recycled plastics in every new car from 2025   Volvo Cars, the premium car maker, today announced its ambition that from 2025, at least 25 per cent of the plastics used in every newly launched Volvo car will be made from recycled material.   Volvo Cars also urged… Continue reading Volvo Cars aims for 25 per cent recycled plastics in every new car from 2025

Press Releases – Broad road safety coalition commits to work towards zero traffic fatalities

The Hague, 15 June 2018 – Major players in the European mobility sector signed a road safety pledge to contribute to achieving zero traffic fatalities by 2050. The coalition includes the European Automobile Manufacturers’ Association (ACEA), European Association of Automotive Suppliers (CLEPA), the association of national motoring organisations (FIA Region I), with strong support from… Continue reading Press Releases – Broad road safety coalition commits to work towards zero traffic fatalities

Luminar rolls out its development platform and scores Volvo partnership and investment

The wizards in lidar tech at Luminar are doubling down on the practical side of autonomous car deployment with a partnership with and investment from Volvo, as well as a new “perception development platform” that helps squeeze every last drop out of its laser-based imagery. Volvo Cars has been one of the big investors in… Continue reading Luminar rolls out its development platform and scores Volvo partnership and investment

Volvo Cars Tech Fund invests in automotive sensor company Luminar

Volvo Cars Tech Fund invests in automotive sensor company Luminar   Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles.   The investment in Luminar, based… Continue reading Volvo Cars Tech Fund invests in automotive sensor company Luminar

Imported commercial car sales jump 9.8 pct in May

SEOUL, June 14 (Yonhap) — Sales of imported commercial vehicles jumped 9.8 percent last month from a year earlier as such vehicles gained a bigger market share in South Korea, a local automobile association said Thursday. The number of newly registered imported commercial vehicles jumped to 358 units in May from 326 on growing demand… Continue reading Imported commercial car sales jump 9.8 pct in May

Volvo Cars and Polestar launch new Polestar Engineered electrified performance offer

Volvo Cars and Polestar launch new Polestar Engineered electrified performance offer   Volvo Cars, the premium car maker, is launching a new upgraded electrified performance offer called Polestar Engineered, specifically developed for its new 60 Series T8 Twin Engine plug-in hybrid cars.   The announcement comes one week before the company will reveal its new… Continue reading Volvo Cars and Polestar launch new Polestar Engineered electrified performance offer

Priod takes over the Fiolet group!

The group headed by the Priod family accelerates its development by taking over the group Fiolet, distributor Opel and Kia. It not only opens a new geographical map but also adds nearly 3,500 VN to its offer … The Priod group no longer stops. Indeed, after having Etablissements Le Gallou, Fiat distributor, Alfa Romeo and… Continue reading Priod takes over the Fiolet group!

Daimler Escapes Fines After Vehicles Recalled

11:00 Lisa Abramowicz Bloomberg Editorial, Co-Host:Bloomberg Markets AM 11:00 Gina Martin Adams Bloomberg Intelligence, Chief Equity Strategist 11:10 Catherine Mann Citigroup Global Markets Inc, Global Chief Economist 11:20 Gerard S Cassidy RBC Capital Markets, Mng Dir:Equity Research 11:35 Hakan Samuelsson Volvo Cars NV, President/CEO 11:50 Brooke Sutherland Bloomberg Editorial, Bloomberg Opinion Columnist 12:00 Bankim Chadha… Continue reading Daimler Escapes Fines After Vehicles Recalled