Jean-Marc Gales has abruptly left his position as CEO of Group Lotus plc, the Norfolk-based sports car maker and technology consultancy acquired last year by China’s Geely group, which also owns Volvo, Lynk&Co, Proton and LEVC. Gales told Autocar that he was leaving for “personal reasons” and that it was “time to move on”. He departs his job today and described it as… Continue reading Exclusive: Lotus boss Jean-Marc Gales departs car maker
Tag: Geely
Geely Auto Has Found A New Gear
I don’t write about it as often as I’d like to, but Geely Auto (OTCPK:GELYY) (0175.HK) has long been one of my favorite companies and stocks. Although there is a long list of potential reasons to avoid the name, I’ve been bullish on the company’s prospects to drive significant unit volume growth (as well as… Continue reading Geely Auto Has Found A New Gear
Volvo Cars’ global sales up by 13.3 per cent in May
Volvo Cars’ global sales up by 13.3 per cent in May Volvo Cars’ sales momentum continued in May with global sales up 13.3 per cent compared with the same month last year, as the premium carmaker grew in all its main markets. In the first five months of 2018, sales grew by 13.6… Continue reading Volvo Cars’ global sales up by 13.3 per cent in May
Auto: Comment un logiciel gonfle les prix des pièces de rechange
par Tom Bergin et Laurence Frost Plusieurs constructeurs automobiles, parmi lesquels Renault, PSA et Jaguar Land Rover, ont gonflé de plus d’un milliard de dollars (850 millions d’euros environ) en dix ans le chiffre d’affaires qu’ils réalisent sur les pièces de rechange grâce à un logiciel, selon des documents de justice. /Photo d’archives/REUTERS/Benoit Tessier LONDRES/PARIS… Continue reading Auto: Comment un logiciel gonfle les prix des pièces de rechange
Car makers used software to raise spare parts prices
Reuters/Benoit Tessier Ever had the nagging suspicion that your car’s manufacturer was charging outrageous prices for parts simply because it could? Software might be to blame. Reuters has obtained documents from a lawsuit indicating that Jaguar Land Rover, Peugeot, Renault and other automakers have been using Accenture software (Partneo) that recommended price increases for spare… Continue reading Car makers used software to raise spare parts prices
How carmakers hike spare parts prices by using software and stealth
London CARMAKERS including Renault, Jaguar Land Rover (JLR) and Peugeot have boosted revenues by over US$1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which spare… Continue reading How carmakers hike spare parts prices by using software and stealth
Software and stealth: how carmakers hike spare parts prices
LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. FILE PHOTO: Vehicles are seen at a Dongfeng Peugeot Citroen… Continue reading Software and stealth: how carmakers hike spare parts prices
Geely Bo Rui is First Look at Volvo Mild Hybrid Tech
Volvo’s parent company, Geely, really stepped up its game in China with the launch of the all-new Geely Bo Rui GE. The Bo Rui (pronounced “bow-ray”) does more than represent a new chapter for Geely, however. It also represents a new chapter for Volvo, since it’s one of the first vehicles to make use of… Continue reading Geely Bo Rui is First Look at Volvo Mild Hybrid Tech
Volvo Cars and the Volvo Group to transfer ownership of Volvo Ocean Race
Keywords: Corporate, Sponsorship Descriptions and facts in this press material relate to Volvo Car Group’s international car range. Described features might be optional. Vehicle specifications may vary from one country to another and may be altered without prior notification.
Analysis: the challenges facing Jaguar Land Rover
The decision last month to lay off 1000 contract staff out of a total 40,000 workforce may be a disaster for those affected but, on the face of it, it does not signal serious structural issues for Jaguar Land Rover’s business. That said, although JLR has expanded at pace since its near-death experience after the… Continue reading Analysis: the challenges facing Jaguar Land Rover