Tag: Geely

Autoliv concludes strategic review and prepares for spin-off of its Electronics segment

Tue, Dec 12, 2017 08:30 CET (Stockholm, Sweden, December 12, 2017) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has concluded its strategic review and decided to prepare for a spin-off of its Electronics business segment, creating a new, independent publicly… Continue reading Autoliv concludes strategic review and prepares for spin-off of its Electronics segment

22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book

Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline

Major programme wins power GKN to £2bn eDrive order book

Top Automotive Industry News for Week of January 15 – January 21, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017

BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby

As automakers pour billions of dollars into preparing for electric vehicles and stricter emission controls, among other changes in the industry, an environmental lobby has handed out progress reports. The Carbon Disclosure Project ranked responses from 16 manufacturers on three main issues: Progress towards meeting emissions standards Strategies on using self-driving technology and renewable energies Management incentives… Continue reading BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby

Short-term vehicle change possible: Mercedes and BMW offer cars by subscription

All articles and backgrounds 01/17/2018 Short-term vehicle change possible Mercedes and BMW offer cars on subscription Daimler Mercedes AMG GT R Daimler Show stock market chart and BMW are trying out a new sales model: Customers should no longer just buy or lease the cars, but also rent by subscription. The reports the trade journal… Continue reading Short-term vehicle change possible: Mercedes and BMW offer cars by subscription

Honda, new member of the employers’ association of European manufacturers ACEA

Updated 1/17/2018 12:21:39 CET BRUSSELS, Jan. 17 (EUROPA PRESS) – The Japanese car company Honda, through its European division Honda Motor Europe, has become a new member of the Association of European Automobile Manufacturers (ACEA), the organization said in a statement. The entry of Honda into ACEA occurs after the approval of the association’s board… Continue reading Honda, new member of the employers’ association of European manufacturers ACEA

Press Releases – Honda Motor Europe joins European Automobile Manufacturers’ Association

Brussels, 17 January 2018 – The European Automobile Manufacturers’ Association (ACEA) welcomes Honda Motor Europe as its newest member. Following the approval of ACEA’s Board of Directors last month, Honda’s membership of the trade association took effect on 1 January. ACEA now represents the 15 major Europe-based car, van, truck and bus manufacturers. The other… Continue reading Press Releases – Honda Motor Europe joins European Automobile Manufacturers’ Association

Swedish engine plant is Volvo Cars’ first climate-neutral manufacturing site

Swedish engine plant is Volvo Cars’ first climate-neutral manufacturing site   Volvo Cars’ engine factory in Skövde, Sweden, has become the company’s first climate-neutral manufacturing plant, having switched to renewable heating as of 1 January 2018.   Skövde is the first plant in Volvo Cars’ global manufacturing network to reach this status, which marks a… Continue reading Swedish engine plant is Volvo Cars’ first climate-neutral manufacturing site

Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation

Caocao Zhuanche, an electric vehicle sharing company backed by Chinese automaker Geely, has completed a RMB1 billion (US$156 million) series A round from various investors, at a valuation of over RMB10 billion (US$1.6 billion), according to its official Weibo account. The identity of investors in the round was not disclosed. Launched in 2015, Hangzhou-based Caocao… Continue reading Geely-backed Chinese Ride-Sharing Firm Caocao Zhuanche Raises $156M Series A Round At $1.6B Valuation