Volvo, Geely to Merge Engine Units in Electric Car Push
Volvo Cars and China’s Geely plan to merge their engine operations into a stand-alone company, a step the Swedish automaker says will cut costs as it shifts to a fully electrified lineup.
Volvo Will Monetize Autonomous Vehicles Before Driver Data, CEO Hakan Samuelsson Says
Volvo CEO Hakan Samuelsson is betting his company will make more money selling connected, autonomous cars to consumers and robo-taxi fleets, rather than taking a cut of the higher margin business of selling data-driven services inside the vehicle.
Volvo Cars Shuts Plant With Hurricane Florence Forcing Evacuations
Volvo Car Group will temporarily idle its new car factory in South Carolina after Hurricane Florence spurred orders to evacuate areas in the path of the Category 4 storm.
Amazon Orders 20,000 Mercedes Vans to Bolster Delivery Program
Daimler AG is emerging as a beneficiary of Amazon.com Inc.’s booming package-delivery needs, with the e-commerce giant ordering 20,000 of the German automaker’s Mercedes-Benz Sprinter vans.
Rugged Ram Truck Has a Secret Inside: A Small Electric Motor
“Mild” is not a word that usually is associated with brawny pickups. But Fiat Chrysler Automobiles NV is betting it can sell more Ram 1500s by turning its famous V-8 Hemi engine into a mild hybrid, and clean up its industry-worst emissions record in the process
Will Frugal Chrysler Fiat Land Big Payoff in Driverless Sector?
When Waymo picks up its first paying customer in a driverless taxi later this year, the car doing the honors will be made by Fiat Chrysler Automobiles NV. Not the sensors and software — the futuristic technology that allows a robot to drive a minivan will be made by Waymo. The relatively boring minivan itself? That’s pretty much Fiat Chrysler’s only significant contribution to the race to develop autonomous vehicles.
Volvo Sees New South Carolina Plant as Hedge Against Tariffs
When Volvo Car Group broke ground on its first U.S. assembly plant in 2015, it was a proud proof point for the Swedish automaker’s rebound and global expansion, not a chess move in anticipation of a possible trade war.
America’s Love for SUVs, Pickups Means Long-Term Auto Loans
Americans’ love of pricey pickups and SUVs is stretching their wallets, leading lenders to bend over backward to keep monthly payments affordable.
Peter Thiel-Backed Autonomous Car Supplier Slashing Costs, Scaling Up
Luminar Technologies Inc., the sensor startup backed by billionaire Peter Thiel, is rolling out a cheaper-to-make version of its laser technology and ramping up production to supply the key component for autonomous vehicles.
BMW, Toyota Back a Driverless Startup That Wants to Start Small
As automakers spend billions to rack up autonomous miles and map city streets, Toyota Motor Corp. and BMW AG are also betting on a startup with a more modest approach.