Photo: Didi Chuxing Didi Chuxing has joined 31 of its auto industry partners to launch the Didi Auto Alliance (D-Alliance or the Alliance). For the first time, the Alliance will bring together resources and the strengths of the new mobility sector with those of key links in the automotive industry chain, with the aim to develop… Continue reading Didi Chuxing, Auto Partners Form Global Carsharing Alliance
Tag: Geely
Volvo and Vattenfall come together for advanced EV charging infrastructure for homes
Europe-based energy company Vattenfall aims to become a leading electric vehicle (EV) charging infrastructure operator in collaboration with its partners. The initiative would be initially benefitted by the Swedish customers of Volvo plug-in hybrid cars. Vattenfall and Volvo will offer all Volvo’s plug-in hybrid customers in Sweden the charging solution ‘InCharge Smart home’ directly through… Continue reading Volvo and Vattenfall come together for advanced EV charging infrastructure for homes
Volvo Cars global sales up 12.2 per cent in April
Volvo Cars global sales up 12.2 per cent in April Volvo Cars’ positive momentum continued in April as the premium car maker reported a global year-on-year sales increase of 12.2 for the month, growing in all its main markets. Total sales for the month reached 52,635 cars compared to 46,895 a year earlier. Sales of… Continue reading Volvo Cars global sales up 12.2 per cent in April
Moody’s upgrades Volvo Cars credit rating
Keywords: Corporate 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.
Daimler has plan in case new Chinese shareholder turns hostile
Li Shufu, founder of Geely and owner of Volvo, acquired 9.7 percent of Daimler in February. BEIJING — Daimler has a back-up plan in place to protect itself from any unsolicited takeover bid should its new Chinese investor turn unexpectedly hostile. Li Shufu, founder of Geely and owner of Volvo Cars, acquired 9.7 percent of… Continue reading Daimler has plan in case new Chinese shareholder turns hostile
Press Releases – First-ever CO2 standards for trucks must reflect market diversity, EU truck industry says
Brussels, 2 May 2018 – Ahead of the publication later this month of the European Commission’s proposal on CO2 emissions standards for heavy-duty vehicles, the European Automobile Manufacturers’ Association (ACEA) calls for an ambitious yet realistic approach. ACEA welcomes the introduction of these first-ever EU CO2 standards for trucks, which are part of a broader… Continue reading Press Releases – First-ever CO2 standards for trucks must reflect market diversity, EU truck industry says
Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
Autoliv – Financial Report January – March 2018
STOCKHOLM, April 27, 2018 /PRNewswire/ — For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter 2017, and record gross profit of $579 million. Quarterly organic sales* grew… Continue reading Autoliv – Financial Report January – March 2018
Financial Report January – March 2018
Fri, Apr 27, 2018 12:00 CET Record sales and gross profit, again (Stockholm, Sweden, April 27, 2018) – For the three-month period ended March 31, 2018, Autoliv, Inc. (NYSE: ALV and SSE: ALIV.Sdb), the worldwide leader in automotive safety systems, reported record sales of $2,813 million, an increase of 7.8% compared to the first quarter… Continue reading Financial Report January – March 2018
Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
STOCKHOLM (Reuters) – Geely-owned automaker Volvo Car Group reported a rise in quarterly operating earnings on Friday, on growth in the Chinese and U.S. markets and forecast higher sales, but also steeper spending, in the year ahead. The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a… Continue reading Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter