Swedish automobile manufacturer Volvo has signed a loan agreement of €922m with China Development Bank to pay back present loans. The loan with maturity in 2020 is considered to be the first step of the agreement and is expected to ...
Tags: automobile manufacturer, Volvo, automobile, loans
Renault has announced the sale of its complete shares in the AB Volvo group to reduce the debts and improve its financial position. The company is selling the shares which represent 6.5% of the total shares and 17.2% of the voting rights ...
Tags: Volvo Shares, Volvo group, Renault, Volvo
Far and away the most dangerous part of any car is the pink squishy thing sitting behind the steering wheel.Human error is the cause of almost all vehicle crashes,which according to the World Health Organisation claim the lives of ...
Japan-based vehicle manufacturer Kyokuto has started production of truck mixers and tipper truck bodies at its new plant at Veerapanenigudem, Vijayawada in India. The new plant that was built in collaboration with Mithra group has an ...
Tags: vehicle, truck mixers, tipper truck bodies
The Audi Q5 is out to preserve its lead as the nation's favourite luxury SUV with an update that brings improved engines,practicality and value. Audi's mid-sized SUV continues to start from$62,200 for a turbo diesel and from$62,900 for a ...
Tags: Audi Q5, luxury SUV, new car, car industry
B&B Electronics' European operation has provided an extensive, rugged communications network for the Volvo Ocean Race Galway Grand Finale, the 9-day festival built around the final leg of the Volvo Ocean Race 2011-12 in Galway, Ireland, ...
Tags: Communications Network, physical communications infrastructure, network
Chinese carmaker Zhejiang Geely Holding has signed three technological cooperation agreements with Volvo Cars. The deals will allow Zhejiang to use some technologies Volvo plans to phase out in the next two years. As per the ...
Tags: Geely, Volvo, technological cooperation agreements, Li Shufu
The National Highway Traffic Safety Administration (NHTSA) has issued a consumer warning involving the sale of counterfeit air bags that were used as replacement parts for vehicles involved in a crash. The fake air bags look like certified, ...
Tags: traffic safety, NHTSA, consumer warning, counterfeit air bags
Japanese brands dominate the latest Consumer Reports' Car Reliability Survey, claiming the top seven spots in new-car reliability. At the other end of the spectrum, Ford now ranks second from the bottom, followed closely by Lincoln. The ...
Tags: car brands, Car Reliability Survey, Ford, Lincoln
If you are looking for a reliable car, don't assume that certain brands are always the best. Each manufacturer has models that offer a range of reliability, as identified in Consumer Reports' annual car reliability survey. When ...
Tags: car reliability report, tips for buying cars, car models, car brands
Swedish carmaker Volvo is planning to produce driverless cars that aimed at reducing crashes, through the use of self-driving car technology, by 2020. Volvo government affairs head Anders Eugensson said: "Our vision is that no one is ...
Tags: Volvo, driverless cars, reducing crashes, autonomous vehicles, cameras
Swedish automobile manufacturer Volvo Car has started the production of its new V60 plug-in hybrid, which is claimed to be the first diesel plug-in hybrid in the world. Initially Volvo will build 1,000 plug-in hybrid units during 2013, ...
Tags: Volvo Car, V60 plug-in hybrid, diesel plug-in hybrid, electric power
Ireland based bus maker, Wrightbus, has won GBP41m contract from Singapore’s SBS Transit for the supply of 550 double-decker buses over the next three years. The 40ft Gemini 2 Double Deck buses will be manufactured as kits in the ...
Tags: Wrightbus, SBS Transit, double-decker buses
Swedish car maker Volvo Car is planning to build a $247m car plant in Brazil and build about 15,000-20,000 cars annually in the country. The final decision depends on Brazil's approval of the final details about auto-industry rules that ...
Tags: Volvo, new car plant, Brazil
Swedish carmaker Volvo is planning to reduce 10% production from 57 units per hour to 52, at its main plant in Gothenburg in southwestern Sweden from 1 October 2012, in response to reduced demand for its cars in Europe. The carmaker is ...
Tags: Volvo, cut production, slow demand