Tag Archives: Volvo

SEC Charges Autonomous Vehicle Supplier NVIDIA with Shoddy Disclosures

NVIDIA is a US-based artificial intelligence (AI) computing company that is a significant automotive supplier for an important building block in a network of several individual ECUs (Electronic control units)  used in automated and driverless vehicles. It goes by the name Drive Pegasus. Continue reading

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Chinese take 10% stake in Daimler. Unwelcome?

Translation: the Germans didn’t seek this, and it could turn out to be a complicated ménage à trois with lots of conflict over the loot. Continue reading

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2017 Volvo V90 Cross Country, V60 Polestar Debut at LA

The V90 Cross Country completes the 90 Series line-up. Significant improvements have been made to both the S60 and V60 Polestars compared to the 2016 models, most notably a 362-horsepower version of Volvo’s Drive-E powertrain for the low volume specialty vehicles. Continue reading

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First Look – Volvo XC90 SUV

Volvo Cars has unveiled its new XC90, which was under development for three years at the Chinese-owned automaker. The 7-seat crossover SUV, says Volvo, is the result of s $11 billion product development program that is the company’s latest attempt to use a scalable architecture, a fancy way of saying a common platform that can be used for larger and smaller vehicles. Continue reading

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Tim Lee Named Chairman of GM China

Tim Lee is the new Chairman of GM China with responsibility for 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 employees. Stefan Jacoby, most recently the ousted CEO of Volvo Cars, will become Executive Vice President Consolidated International Operations, leading the company’s operations in more than 100 countries and territories in Africa, Asia Pacific, Europe and the Middle East. He will report to GM’s CEO, Dan Akerson. Continue reading

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Milestones – Volvo Produces New Engine Family

Volvo Car Group is now manufacturing the first versions of a new, high-efficiency four-cylinder engine family after two years of preparation. The engine plant in Skövde, Sweden is making new smaller engines that are claimed to deliver higher performance than today’s six-cylinder units, while offering lower fuel consumption than the current generation of four-cylinder units. Continue reading

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Volvo Fined $1.5 Million for Not Reporting Safety Defects

Volvo – once known for its safety reputation – now has the dubious distinction of joining Toyota Motor and BMW Group in paying penalties for not reporting defects or violations of U.S. regulations. Volvo will pay the fines into the General Fund of the U.S. Treasury; they will not go toward enforcement of U.S. Safety regulations. Continue reading

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Volvo signs MoU with China Development Bank. Plant Next?

In 2011, Volvo sold 449,000 vehicles globally, not enough to finance internally new platforms and or plants, both of which it needs to survive in the global auto business. Continue reading

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