A building of the Geely Auto Research Institute is seen in Ningbo, Zhejiang province, China August 4, 2017. REUTERS/Aly Song STOCKHOLM/LONDON, Oct 4 (Reuters) – Geely-owned Volvo Cars plans to raise 25 billion Swedish crowns ($2.9 billion) through an initial public offering (IPO), the Swedish carmaker said on Monday of what would be one of… Continue reading Autos & TransportationGeely’s Volvo Cars aims to raise $2.9 bln in IPO12:36 PM UTC
Tag: Strategy
@GM: Wuling Launches Nano EV Disney Zootopia Limited Edition
Wuling Launches Nano EV Disney Zootopia Limited Edition 2021-09-29 SHANGHAI – Wuling today launched the Nano EV Disney Zootopia limited edition in cooperation with Disney at the Tianjin International Auto Show. Themed and personalized decals and exclusive badges inside and outside the Nano EV serve as a tribute to the popular animated feature film. Headrests are… Continue reading @GM: Wuling Launches Nano EV Disney Zootopia Limited Edition
@Nissan: Nissan announces senior management appointments000503
2021/09/30 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced the appointment of Hugues Desmarchelier as vice president, Global Electrification Ecosystem & EV Programs effective October 01, 2021. He will report to Ivan Espinosa, senior vice president, Global Product Strategy and Product Planning Division, Global Program Management and NISMO. In this position, Desmarchelier will be… Continue reading @Nissan: Nissan announces senior management appointments000503
@BMW: BMW of North America Reports Q3 2021 U.S. Sales Results.001491
Woodcliff Lake, NJ – October 1, 2021… BMW of North America today reported Q3 2021 sales of 75,619 BMW vehicles in the U.S., an 8.7% increase compared to the same period last year. Year-to-date, BMW brand sales total 243,613 vehicles, an increase of 35.4% increase over the first three quarters of 2020. The company also reported… Continue reading @BMW: BMW of North America Reports Q3 2021 U.S. Sales Results.001491
@GM: GM Reports Third-Quarter Sales October 1, 2021
Company gains retail market share in key segments DETROIT — General Motors Co. (NYSE: GM) dealers delivered 446,997 vehicles in the U.S. in the third quarter of 2021, down 218,195 units from a year ago as a result of semiconductor supply chain disruptions and historically low inventories. During the quarter, GM provided an update for… Continue reading @GM: GM Reports Third-Quarter Sales October 1, 2021
@Hyundai: Kia Canada’s historic sales run continues with a record-breaking September and strong third quarter
Kia Canada reports third quarter sales with 25,057 units delivered Best-ever September with 8,407 units sold Certified Pre-Owned (CPO) sales continue to soar with strongest September sales and Q3 ever recorded Brand-new 2022 Sorento HEV and PHEV coming this fall – the first of 7 electrified vehicles to arrive in Canada by 2025 TORONTO, Oct.… Continue reading @Hyundai: Kia Canada’s historic sales run continues with a record-breaking September and strong third quarter
@Toyota: Toyota Untold: How Toyota Got its Name and the Many that Followed
There are many variables that go into the development of a vehicle – strategic planning, design, production, sales, marketing, and so much more. But have you ever wondered how Toyota gets to the names that you see on the back of your most beloved cars? It could be as simple as it looks cool, it… Continue reading @Toyota: Toyota Untold: How Toyota Got its Name and the Many that Followed
Foxconn secures first EV plant in U.S. with Lordstown deal
TAIPEI — Foxconn has struck a deal to acquire its first electric vehicle manufacturing plant in North America, part of $280 million in deals with U.S. electric vehicle startup Lordstown Motors that also include a share purchase. The Taiwanese tech giant said on Friday morning it will take a roughly 4% stake in Lordstown for around… Continue reading Foxconn secures first EV plant in U.S. with Lordstown deal
@GM: GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule September 30, 2021
GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule DETROIT, Sept. 30, 2021 /PRNewswire/ — As GM pursues carbon-neutral commitment, company expects to source 100 percent renewable energy in the U.S. by 2025 GM teams with PJM and TimberRock to launch a new carbon tracking system to monitor… Continue reading @GM: GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule September 30, 2021
Aurora shines spotlight on autonomous truck tech, strategy ahead of SPAC merger
On Interstate 45 in Texas, a billboard with “Aurora” emblazoned at the top in giant white letters offers a cryptic message: “A new way to drive is on the horizon.” It’s hard to know just how many of the thousands of drivers on this stretch of road know what that means or what Aurora is;… Continue reading Aurora shines spotlight on autonomous truck tech, strategy ahead of SPAC merger