Tag: Volvo

Volvo XC70 Returns as a Plug-In Hybrid SUV

Volvo Cars has unveiled the new XC70 as a plug-in hybrid vehicle (PHEV) for the Chinese market, bringing back a nameplate that has been inactive since 2016. Previously associated with the off-road version of the Volvo V70 station wagon, the XC70 badge now marks a full-fledged SUV. The luxury carmaker claims the latest XC70 is… Continue reading Volvo XC70 Returns as a Plug-In Hybrid SUV

Q1 used car sales surpass two million for first time since 2019

Used car market surpasses two million units in Q1 for first time since pre-pandemic 2019. Performance caps nine successive quarters of growth as new car market’s gradual recovery fuels availability. Battery electric car sales rise by more than half to reach record volume and market share. Data download The UK’s used car market started the… Continue reading Q1 used car sales surpass two million for first time since 2019

German FAZ: Daimler Truck strokes areas in all German works009333

On Friday, the truck manufacturer Daimler Truck stopped the ligaments in his German factories at 9 a.m. A video started through screens in the workshops and on the intranet, in which board member Achim Puchert, together with the general chairman of the works council Michael Brecht, presented details about the savings program “Cost Down Europe”.… Continue reading German FAZ: Daimler Truck strokes areas in all German works009333

German Manager Magazin: Why did Volvo CEO Jim Rowan – the newsletter “Manage: Mobility” 004180

Dear reader, dear reader, That would have been missing: When Friedrich Merz (69) fell through the first ballot as Chancellor on Tuesday, a Federal Republic of Germany, which was incapable of acting, threatened. In the second attempt, Merz then managed to avoid the total disaster. Nevertheless, he is the first candidate to enter the story,… Continue reading German Manager Magazin: Why did Volvo CEO Jim Rowan – the newsletter “Manage: Mobility” 004180

Q1 2025 Lear Corp Earnings Call

Jason Cardew Thanks, Ray. Slide 10 shows vehicle production and key exchange rates for the first quarter.Global production increased 1% compared to the same period last year, slightly better than expected due to higher production in all regions, but still down 5% on a sales weighted basis, driven by lower year over year production in… Continue reading Q1 2025 Lear Corp Earnings Call

Volvo XC70 returns as range-extender SUV with 124-mile EV range

Volvo is reviving the XC70 name for a new range-extender [EREV] SUV for the Chinese market.  The company’s first ‘extended-range plug-in hybrid’ has been previewed for the first time today ahead of a reveal in the coming months and a launch later this year. Volvo says the new XC70 is designed specifically “to meet the… Continue reading Volvo XC70 returns as range-extender SUV with 124-mile EV range

Volvo Cars’ battery company Novo Energy to cut half of workforce

Northvolt, once considered Europe’s best hope for a battery champion, filed for bankruptcy in March. Volvo Cars’ battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of Sweden’s Northvolt, which originally co-owned the venture. “Despite our best… Continue reading Volvo Cars’ battery company Novo Energy to cut half of workforce

Geotab deepens OEM Partnerships with over 80% of leading OEMs to drive data harmonisation and industry standards

Strategic collaborations with 31 brands across three continents ensure consistent, high-quality data for mixed fleet management advancing the future of the connected vehicle industry LONDON, May 1, 2025 /PRNewswire/ — Geotab, a global leader in connected transportation solutions, is significantly advancing the telematics industry through strategic partnerships and a commitment to data excellence. Building upon… Continue reading Geotab deepens OEM Partnerships with over 80% of leading OEMs to drive data harmonisation and industry standards

CVs in FY25: On The Slow Road To Recovery

India’s commercial vehicle sector displayed a mixed performance in FY2025, with buses emerging as the standout segment with a robust 15% year-on-year growth, driven by mandatory scrapping of government vehicles and healthy replacement demand. However, the truck segments faced headwinds, with M&HCV trucks declining 4% and LCV trucks dropping 3% year-on-year, impacted by election-related disruptions… Continue reading CVs in FY25: On The Slow Road To Recovery