Auto-Moto
Swedish automaker Volvo Cars has reported a decline in global sales for the period between February and April, reflecting ongoing challenges in the automotive industry. The company sold over 160,000 vehicles during the three-month period, marking a drop compared to the same timeframe last year. Regional......
Swedish automotive safety supplier Autoliv, the world’s largest producer of airbags and seatbelts, reported a stronger-than-expected performance in its first-quarter results, with adjusted operating profit declining less than analysts had forecast. The company said that its performance during......
Volvo CEO Håkan Samuelsson forecasts that electric vehicles will "very likely" cost less than gasoline-powered cars within five years. Speaking at a press event in Gothenburg, Sweden, this week, he highlighted his company's already profitable EV lineup and upcoming manufacturing advances......
Lynk & Co, the innovative auto brand backed by Geely, has officially expanded into the Moroccan market, unveiling a lineup of premium hybrid and electric vehicles. The launch marks a pivotal step in the company’s global growth strategy, aiming to redefine mobility in the region. A new era......
Global automakers Renault and Geely have launched a new powertrain cooperation dubbed HORSE Powertrain Limited that aims to be a leading provider of combustion engines, transmissions and hybrid systems worldwide. Following the July 11th joint venture agreement receiving regulatory approval, Renault......
