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Volvo sets new sales record
- January 4, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Volvo Cars set a new global sales record in 2018, breaking the 600,000 sales milestone for the first time ever since the company was founded in 1927. The company’s sales rose 12.4% to 642,253 cars in 2018, compared with the same period the year before. This is the fifth consecutive year of record global sales [...] -
EV sales set to surge
- January 4, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Pure electric car sales are set to surge in 2019 as the latest registration figures reveal 69.5% growth in the sector, compared with a three per cent decline for the car market overall in the latest month’s registration figures. The growing gap in fortunes between battery power and internal combustion engines means nearly one in every [...] -
VW unveils mobile charging station
- January 3, 2019
- Posted by: Alan Feldberg
- Category: Industry News
The first mobile charging station concept has been unveiled. Volkswagen has offered a first glimpse of the station, which it claims can be set up flexibly and independent of the power supply wherever it is needed – in public parking lots in the city, on company premises, or as a temporary charging point at large-scale [...] -
Ghosn detention extended again
- January 2, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Authorities in Japan have extended the detention of Carlos Ghosn until 11 January. The former chairman of Nissan and the man responsible for establishing the alliance between Nissan, Mitsubishi and Renault is facing allegations of under-reporting his Nissan salary for a period of five years. He has been confined to Tokyo’s main detention centre since 19 [...] -
Value of vehicle manufacturers plunge
- January 2, 2019
- Posted by: Alan Feldberg
- Category: Industry News
More than £100bn was wiped off the combined value of the world’s largest 15 car manufacturers last year. According to The Telegraph, 12 of the largest 15 publicly traded vehicle manufactures saw their share prices plunge during 2018. Slow sales in vital markets was a leading contributor, with other factors including the stricter regulations around [...]