Under Samuelsson’s leadership and the ownership of Zhejiang Geely Holding Group, Volvo grew from a Ford Motor Company offshoot to a leader in the transition to electric cars. By the end of the decade, the business intends to transition to an all-EV, all-online sales strategy. Rowan’s assessment of Volvo’s need to rethink its approach to software matches comments made nearly a year ago by his predecessor. “Today, software is dispersed in a plethora of black boxes, and we purchase it from vendors based on requirements; however, when we want to make a change and have to communicate with suppliers, the…
Author: hendfares88
A new solution developed by Continental, a German supplier, might provide cars and their drivers with several pairs of eyes. Continental claims that their Collective Perception technology enables vehicles to pool picture data from other vehicles, as well as sensors in roadways and buildings, to increase a driver’s field of vision. The technology may, for example, allow a motorist at a city crossroads to see around the corner of a building that a bike is approaching by utilizing photos from other cars or adjacent traffic cameras. Continental’s operations outside of Chicago’s senior manager for portfolio development in connected vehicle solutions…
General Motors announced it will cease production at its full-size truck factory in Indiana during the next two weeks due of the worldwide microprocessor shortage. Fort Wayne Assembly, which makes the light-duty Chevrolet Silverado and GMC Sierra trucks, will take downtime from April 4 to April 15, GM spokesman Dan Flores said Friday. “Overall, we have observed improved stability in semiconductor supply through the first quarter compared to last year as a whole. This has resulted into progress in our production and delivery throughout the first three months of the year,” Flores added. “However, there is still uncertainty and unpredictability…
BMW National Dealer Forum Chairman David Sloane stated that the dealership’s “modern, boutiquelike” design aims to transform it into a conversational space. “Manufacturers are becoming more conscientious about their facility upgrade programmes,” said Sloane, president of the suburban Philadelphia-based Sloane Automotive Group. “There is more consideration and willingness to solicit feedback from retailers regarding what makes sense and what does not.” BMW’s store design was last updated nearly a decade ago. This concept, dubbed Future Retail, emphasised open space, glass, and natural light. BMW’s sedans and crossovers are highlighted in the latest concept. “The emphasis is on the presentation of…
Customers, he said, are responsive to the straightforward online instructions and speedy automobile quotations. The website and branding were created to suggest the frictionless experiences promised by emerging digital retailing firms that claim to enhance the conventional car-buying process. According to Matthew MacDonald, director of operations at Inride, a customer may move from receiving an initial quotation to receiving a check in less than an hour. “At the end of the day, it’s all about putting the consumer first,” he said. MacDonald was an early client of Inride, having sold his 2021 Toyota 4Runner for a $8,000 profit before joining…
DETROIT, MI — Tim Edmunds, a former UAW officer with Local 412 in Warren, Mich., pled guilty Friday to defrauding the union of $2.2 million and money laundering. According to the United States Attorney’s Office for the Eastern District of Michigan, he may face up to nearly five years in jail. Edmunds, 54, was charged with the offences around four months ago following the discovery of malfeasance during an internal UAW audit. He is the sixteenth person indicted — and sixteenth to plead guilty — in the government’s continuing corruption investigation, which has resulted in a six-year period of union…
A: California’s capacity to establish its own emissions standards for motor vehicles and associated fuels is critical to the state’s overall approach to addressing air pollution and climate change. It is at the heart of what has enabled us to advance, be innovative, and develop initiatives that have pushed technology to new heights, often leading the globe and industry into previously unimaginable areas. What happens now that authority has been restored? Even before we knew the judgement would be final or the precise day on which it would occur, the employees at the Air Resources Board had been discussing their…
Tesla Inc. is encountering pushback from community and environmental organisations over its plans to host a 15,000-person party to commemorate the inauguration of its Austin facility. According to plans filed to Travis County, which includes Austin, the firm aims to give tours of the 8 million-square-foot complex, food, and two stages with live music during the invite-only event on April 7. Officials gave clearance Tuesday after hearing from worried neighbours. Paul DiFiore, a spokesman of the Colorado River Conservancy and the Austin-based environmental justice organisation PODER, noted concerns such as noise, blocked roads, construction dust, and water contamination. “This grand…
WASHINGTON — The U.S. Department of State has issued a statement saying that The Office of the United States Trade Representative has restored previously extended product exemptions from U.S. tariffs on Chinese imports, including certain car components, that had previously been extended. As of Wednesday, the International Trade Administration (ITA) said that it has reinstated 352 of the 549 valid exemptions from Section 301 tariffs imposed by the Trump administration on more than $350 billion worth of Chinese imports. A request for public comment was issued by the office in October on whether it should reinstate previously extended exclusions on…
SHENZHEN — Geely Automobile Holdings Ltd. anticipates increasing raw material costs and worldwide semiconductor shortages to weigh on its profitability and sales this year, the Chinese business said on Wednesday, after the announcement of a 12 percent decline in 2021 earnings. The carmaker made a profit of 4.85 billion yuan ($761.64 million) in 2021, down from 5.53 billion yuan the previous year, owing to its investments in Volvo Cars and Mercedes. Revenue increased 10% to 101.6 billion yuan. “The increased competition in China, the increase in raw material prices, other pandemic-related disruptions, and global shortages of chip supply have shown…