Volvo and Geely are merging their legacy engine operations to focus on EVs

Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential rivals with next-generation c.....»»

Luxury German carmaker Daimler and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources......»»

Volvo Cars, which is owned by China's Zhejiang Geely Holding Group [GEELY.UL], is voluntarily recalling about 200,000 cars after it found an engineering issue that could potentially cause fuel leakage in the engine compartment over time......»»

Icebox will shift focus on its pantry brand and operations at the Miami airport......»»

The timing of the acquisition coincided with K.C. Truth found Sue Kruskopf's desire to begin moving away from the day-to-day operations to focus on other areas of business......»»

Phoenix-based Mesa Air Group Inc. continues to post positive earnings reports as the company resumes more flights and as it expands past its legacy business operations......»»

Volvo Trucks North America and the United Auto Workers union have reached a tentative agreement on the terms of a new five-year contract that would cover approximately 2,900 employees at the New River Valley (NRV) truck assembly operations in Dubli.....»»

A deep discount to the sum of its parts with a future focus on improving existing operations using a branded wine productRelated Stocks: SVIN,.....»»

This special Business Journal Focus Section looks at how the architecture, engineering and construction trades responded to challenges posed by Covid, and how their operations may be different moving forward......»»

Volvo ADR (OTC: VLVLY), owned by Geely Automobile Holdings Ltd (OTC: GELYF), has announced plans read more.....»»

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The midair breakdown of a jet engine that spewed a trail of metal over a Colorado town is putting regulatory focus on the design and strength of engine coverings......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

MACV-SOG was deactivated as the Vietnam War ended, but the secretive group's legacy lives on with Joint Special Operations Command. US Air Force Bell UH-.....»»

As businesses recover from the pandemic, business owners ask the question: Will customers return to stores or in selling online the way to go? Many businesses will decide to do some of each, creating a hybrid business model. Some will go “a.....»»

Baidu, Inc (NASDAQ: BIDU) said Sunday it will form an intelligent electric vehicle (EV) company and forge a strategic partnership with Volvo parent Geely Automobile Holdings Limited (OTC: GELYY). read more.....»»

Legacy automaker General Motors Company (NYSE: GM) launched a new marketing campaign to showcase its focus on accessible electric vehicles. read more.....»»

BuzzFeed News/Facebook via Getty Images BuzzFeed News announced on Wednesday that it would be closing its United Kingdom and Australian news operations in order to focus on "news that hits big" in the US. "For economic and strate.....»»

Redfin launched this service in late 2017, just after creating RedfinNow, but has struggled to create the software and on-demand operations until now......»»

Volvo Car Group, owned by China's Geely Holding, said on Wednesday it was giving notice of redundancy to 1,300 white-collar workers in Sweden as the impact from the pandemic raised the urgency of lowering structural costs......»»