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VW selling off non-critical assets
- September 11, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Volkswagen is working on deals to sell non-core assets accounting for as much as 20% of the German carmaker’s annual revenues. The Wall Street Journal has reported that VW has put together a team to sell parts of the business not considered critical. However, its proposed sale of Ducati motorcycles has been put on hold [...] -
Volvo invests in Luxe
- September 11, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Volvo Car Group has announced it is investing in Luxe, a US-based premium valet and concierge service. The move is intended to boost the development of Volvo’s digital services, advancing its algorithms used for routing, logistics planning and arrival time predictions. The deal is also expected to accelerate its ability to offer digital customer experiences [...] -
Samsung given self-driving green light
- September 8, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Samsung has been given the go ahead allowing it to test driverless vehicles on public roads in California. The BBC reports that the firm has no plans to make its own driverless cars, but instead will make control systems for autonomous vehicles. In May, Samsung got permission to test self-driving cars in South Korea fitted [...] -
Symach painting a bright future
- September 8, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Since its official opening in March 2017, Symach’s Future Center in Bologna has seen AkzoNobel, BASF and Sherwin-Williams all test their products using Symach’s equipment. AkzoNobel used the centre March to introduce Symach’s DryTronic technology to its Canadian customers. The result is that Symach technology is now spreading in the Canadian market. In July, the [...] -
New JLR models to be electric from 2020
- September 8, 2017
- Posted by: Alan Feldberg
- Category: Industry News
Jaguar Land Rover have announced plans to only produce new models that are fully electric or hybrid from 2020. Following in the footsteps of Volvo, who in the last couple of months promised to end the sale of petrol and diesel cars, JLR have committed to putting the brakes on the manufacturing of new vehicles [...]