Remove Automobile Remove Companies Remove Corporation Remove Purchase
article thumbnail

Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Companies to retain independent corporate structures. The collaboration will be overseen by a new governance model, supported by Geely Holding, the lead shareholder in both companies. Volvo Cars and Geely Auto confirmed the combination of their existing powertrain operations into a new standalone company.

Volvo 320
article thumbnail

Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

Honda 299
article thumbnail

LMP Automobile sells latter franchised dealerships

Baua Electric

“We are a West Virginia-based company. ” It marks Dutch Miller’s first acquisition because it purchased a Buick-GMC pack in Kansas latter July, in line with Miller, who stated he’s operating for governor in West Virginia. . “That is a market that we really do want to be in,” Miller stated.

article thumbnail

CDK acquires complete possession of digital car registration corporate

Baua Electric

The corporate will perform as a CDK trade, however CVR merchandise will proceed to combine with Reynolds and Reynolds and alternative DMS suppliers, CDK mentioned in its June 30 trade in announcement. CDK mentioned the purchase is the primary since funding company Brookfield Industry Companions bought the Hoffman Estates, Unwell.-based

article thumbnail

Lordstown seeks purchaser amid Foxconn fiasco; negative takers to this point

Baua Electric

As of January, the corporate had assembled 31 Perpetuity pickups and delivered six cars. In Might, a “non-salable” automobile in depot it appears old in accident checks stuck fireplace, an echo of an Perpetuity street take a look at in 2021, which ended in a hearth that the corporate attributed to human error.

article thumbnail

First driving behavior-based telematics automobile insurance developed for Toyota connected cars in Japan

Green Car Congress

Toyota Motor Corporation and the MS&AD Insurance Group’s Aioi Nissay Dowa Insurance Co., have jointly developed Japan’s first driving behavior-based telematics automobile insurance. Consequently, automakers and IT companies are engaged in lively competition for technological development. Background.

article thumbnail

National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies. Dongfeng is one of the leading vehicle company groups in the world. million units in 2014 and 1.83 million in the first half of 2015.

Sweden 150