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
Tag: Geely
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
Volvo Car UK partners GoWashMyCar for smartphone-based car wash service
Volvo Car UK has come up with a new mobile car wash and valeting service that could be accessed via a designated app called Volvo Car Mobile Wash. The service is presented in conjunction with GoWashMyCar, a UK-based car wash specialist. The package includes a free car health check, covering tyre pressures and tread depth, screenwash… Continue reading Volvo Car UK partners GoWashMyCar for smartphone-based car wash service
Marshall buys Volvo Derby from Vertu Motors
Marshall Motor Holdings has today completed the takeover of the Derby Volvo franchise from Vertu Motors. It has relocated the business from Sir Frank Whittle Road to Stadium View at Derby’s Pride Park, in a side previously occupied by a Land Rover business before it was relocated by Inchcape. In a statement for customers, Marshall said: “Don’t worry –… Continue reading Marshall buys Volvo Derby from Vertu Motors
Honda will show off its in-car AI assistant at CES
Sponsored Links Engadget At CES 2020, Honda says it will finally show off its long-promised in-car personal assistant. The automaker has been working on its own digital helper since 2018 when it announced a partnership with SoundHound. Aside from the usual claims of “unprecedented” speed and accuracy, the company doesn’t say too much about how… Continue reading Honda will show off its in-car AI assistant at CES
Germany closely monitoring Chinese shareholdings in Daimler
FILE PHOTO: A 2020 Mercedes-AMG GLE 63 S is presented at the LA Auto Show in Los Angeles, California, U.S. November 20, 2019. REUTERS/Lucy Nicholson/File Photo BERLIN (Reuters) – Germany is closely monitoring developments at Daimler (DAIGn.DE) after a second Chinese company moved to take a big stake in the maker of Mercedes-Benz cars, an… Continue reading Germany closely monitoring Chinese shareholdings in Daimler
Marshall confirms Jardine Volkswagen Group dealership acquisitions
Marshall Motor Holdings has completed the £22.3 million acquisition of eight Volkswagen Group franchised car dealerships from Jardine Motors. As exclusively reported by AM last week, the AM100 retail group has completed a deal to acquire six Volkswagen passenger car franchises in Aylesbury, Harlow, Letchworth, Loughton, Milton Keynes and St Albans together with a Volkswagen… Continue reading Marshall confirms Jardine Volkswagen Group dealership acquisitions
Volvo Group and Isuzu Motors Intend to Form Strategic Alliance
GOTHENBURG, Sweden, Dec. 18, 2019 /PRNewswire/ — The Volvo Group and Isuzu Motors today signed a non-binding Memorandum of Understanding with the intent to form a strategic alliance within commercial vehicles in order to capture the opportunities in the ongoing transformation of the industry. In a first step, the intention is to establish a global… Continue reading Volvo Group and Isuzu Motors Intend to Form Strategic Alliance
Vehicle manufacturer: Orders from Daimler’s truck division collapse – that’s the reason
Daimler Trucks Orders for new trucks declined sharply. (Photo: Daimler AG) Munich The times at Daimler are rough. The core brand of the Dax group is currently shaken most violently. Just a few years ago, Mercedes cars and vans were consistently delivering sales returns of more than nine percent. Today, the people of Stuttgart would… Continue reading Vehicle manufacturer: Orders from Daimler’s truck division collapse – that’s the reason
@Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares
Volvo Cars has issued SEK5 billion worth of convertible preference shares to a group of Swedish institutional investors, comprising Swedish pension fund AMF and Swedish insurance and pension savings group Folksam. The preference shares may be repurchased or converted into common shares of Volvo Car AB. No further details on the terms of sale… Continue reading @Geely-Volvo: Volvo Cars refinances SEK5 billion of existing preference shares