Daimler long argued it needed to keep the Mercedes brand under one roof when investors pressured the company to separate the trucks business. The growing technological divide between the car and commercial-vehicle industries forced management to rethink this. They plan to address the trademark rights issue before distributing a majority of the Daimler Truck unit… Continue reading Daimler’s $49B issue: Settling Mercedes brand rights – Automotive News Europe
Tag: Tata
Lumax to localise HVAC panel for global carmaker in India
Lumax Industries, one of India’s leading Tier-1 component manufacturers, is currently working with a leading global OEM to localise the carmaker’s Heating, Ventilation & Air-Conditioning panel (HVAC) product line. It is also in advanced stages of talks with other OEMs for similar products. It is believed that the carmaker is Japanese. Lumax’s HVAC panel business, which has been delayed due to the pandemic, is likely to go on stream from the second… Continue reading Lumax to localise HVAC panel for global carmaker in India
Tata Motors’ Pratap Bose among finalists for 2021 World Car Person of the Year
India’s and Tata Motors’ Pratap Bose is among the top five finalists for the 2021 World Car Person of the Year award. The five names were announced today when 93 World Car Awards (WCA) jurors from 28 countries collectively voted for the finalists by secret ballot. KMPG tabulated the vote results. To be eligible, award… Continue reading Tata Motors’ Pratap Bose among finalists for 2021 World Car Person of the Year
Volvo to go all electric by 2030 as it unveils second such model
LONDON (Reuters) — Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade. “I am totally convinced there will be no customers who really want to stay with a petrol engine,”… Continue reading Volvo to go all electric by 2030 as it unveils second such model
Tuesday Morning Auto News, Mar 02, 2021
Maruti Suzuki exports cross 2 million vehicles from India – Just-Auto Land Rover launches powerful Defender V8 – Just-Auto Nissan signs mobility MoU with Suzhou City, China – Just-Auto Toyota to Raise $4.7 Billion in ESG Debt to Fund Futuristic Hub – Bloomberg Geely’s Volvo Cars to be fully electric by 2030 – Just-Auto Lunaz… Continue reading Tuesday Morning Auto News, Mar 02, 2021
Volvo to sell only all-electric vehicles by 2030
Volvo Cars said it will only make and sell all-electric vehicles by 2030, as part of a broader transformation of the automaker that will include shifting sales online. “The key to sustainability is electrification, said Volvo Cars CEO Håkan Samuelsson during a presentation Tuesday. “Together with investments in charging infrastructure that is the right way… Continue reading Volvo to sell only all-electric vehicles by 2030
Tata Motors delivers 100 Safaris in Delhi-NCR in a day
Tata Motors, which has received a strong market response to the recently launched new Safari, has delivered 100 units of its new flagship in the key Delhi-NCR region. The company says most of the customers have chosen the XZA+ trim with Royal Blue and Orcus White standing out as the colour of preference. Launched at… Continue reading Tata Motors delivers 100 Safaris in Delhi-NCR in a day
Volvo says it will only sell electric cars by 2030
Swedish automaker Volvo says it will only sell electric cars by 2030, phasing out all diesel, petrol, and hybrid options in an effort to reduce global carbon emissions. The company previously aimed for half of its cars sales to be electric by 2025, but says the new strategy is an “acceleration” of this goal driven… Continue reading Volvo says it will only sell electric cars by 2030
Volvo says it will make only electric cars by 2030
Volvo plans to sell only electric cars by 2030 in the latest move by a legacy carmaker to abandon fossil fuels that contribute to global heating. The Swedish carmaker also said it would only sell its electric cars direct to consumers online, in a blow to the traditional model of selling vehicles via independent dealerships.… Continue reading Volvo says it will make only electric cars by 2030
A high-end car service backed by Daimler is launching in 8 US cities as it attempts to compete with Uber and Lyft (DMLRY)
Upscale ride-hailing platform Blacklane launched an on-demand chauffeur service on Monday. The service is starting in New York and will launch in 20 additional cities this month. Blacklane also lets customers schedule a ride or pay by the hour. Visit the Business section of Insider for more stories. Luxury ride-hailing firm Blacklane is introducing an… Continue reading A high-end car service backed by Daimler is launching in 8 US cities as it attempts to compete with Uber and Lyft (DMLRY)