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Volvo Car India announced that it is expanding its Digital Technology Hub at Bangalore which will help strengthen its digital presence in India. The company has appointed Jonas Olsson as the Head of Digital Technology Hub with effect from June, 1 2021. Olsson…
Ford Motor Co on Wednesday outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40% of its global volume be all-electric by 2030 in a move to have investors value it more like a technology company.…
Google has already announced at wireless Android Auto is soon going to be going to a legion of cars by mainstream manufacturers. At Google IO 2021, it also announced a new digital car key feature that works via NFC and ultra-wideband. It is also saying that…
Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer’s Global Innovation team is looking for new enterprises to expand the automaker’s sources of revenue well beyond vehicle sales and is incubating ventures from…
Samsung Electronics recently won a project for Google parent Alphabet’s autonomous driving unit Waymo to develop chips for next-generation self-driving cars, South Korean media reported on Monday. Samsung will develop a chip that computes data collected from…
VinFast plans to set up an automobile plant in the U.S. as part of its strategy to start selling there in 2022, Bloomberg reported on Tuesday. The company, a subsidiary of conglomerate Vingroup, did not provide details about when it will be set up or where.…
South Korea’s Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker’s shares skidding. Wiping $2.1 billion off its market…
Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website…
Automobiles and smartphones accounted for 19 percent of private conglomerate Vingroup’s revenues in the last quarter of 2020. This marked a 40 percent year-on-year increase to VND6.9 trillion ($299.45 million). The largest private conglomerate in Vietnam sold…
The wait is nearly over as American electric carmaker Tesla is all set to set-up operations in India and zeroed down on Karnataka, as its preferred state to set-up its headquarters. The electric auto giant has registered its Indian subsidiary under the name…
Maserati has announced the opening of a new market in Asia Pacific as the brand enters Cambodia. Maserati is represented in Cambodia by HGB Group. The showroom is situated in Cambodia’s capital Phnom Penh. The facility includes a showroom of 610 sqm…
Southeast Asian online used car trading platform Carsome has launched its new Carsome Experience Centre in Kuala Lumpur. The move signals the opening of the firm’s B2C segment, introducing a highly digitized and transparent car-purchasing process, aimed at…
Volvo Cars said it expects its business to recover in the second half of the year after reporting on Tuesday an operating loss for the first six months as coronavirus lockdowns strained supply chains and forced plant closures. The Swedish-based carmaker also…
Sales of luxury cars in Vietnam surged in 2019 with the rich showing greater preference for premium vehicles in a fast-growing economy. Mercedes-Benz sold the highest number of luxury cars at 6,800 units, up 8 percent from 2018. The imported crossover SUV…
The performance brand Volkswagen R represents the sportiest models in the Volkswagen portfolio and since 2002 the R models have been at home on race tracks throughout the world. The company’s portfolio of R performance cars consists of the Golf R in four…
Volvo Cars are one of the pioneers in the development of safer modern cars and the Swedish carmaker is now coming up with something innovative to take the safety quotient one step ahead. Volvo is partnering with POC for a series of world’s first crash test of…
