Nippon Paint Holdings Co Ltd has made an all-cash offer to acquire US coatings company Axalta Coating Systems Ltd, reports Reuters. Nippon Paint confirmed it has made ‘a proposal’ to Axalta but declined to give details, adding there is no assurance the two will reach any agreement. The move comes as talks between AkzoNobel and [...]

A new era has started for the Volvo Cars plant in Ghent, Belgium as the first customer-bound XC40 small SUV is set to roll off the production line. The new XC40, for which the company has already received more than 13,000 orders, is Volvo Cars’ first ever small premium SUV. The first customers can expect [...]

Caruso has announced its official launch, with TecAlliance, Bosch, Continental and ZF, plus car manufacturers such as BMW all making their data available on its site. Caruso is an open, neutral and secure data marketplace, allowing users to connect data from different providers to optimise their business models or develop new ones. As a first [...]

Volvo Cars has signed a framework agreement with Uber to sell tens of thousands of autonomous driving-compatible base vehicles between 2019 and 2021. The base vehicles are developed on Volvo Cars’ fully modular, in-house-developed scalable product architecture (SPA). SPA is one of the most advanced car architectures in the world and is currently used on [...]

Tesla is aiming to break boundaries again with two new products – its first electric articulated lorry and a new Roadster that will be ‘the fastest production car ever made’. Chief executive Elon Musk unveiled his Tesla truck in Los Angeles yesterday. With a range of 500 miles and able to achieve 0-60mph in 20 [...]