Month: March 2021

China’s Zhejiang Geely Holding Group Co. is considering reviving plans for an initial public offering of its Volvo Cars unit that could value the business at around $20 billion, people familiar with the matter said. Closely held Geely Holding has been speaking with potential advisers about selling shares in Volvo Cars as soon as this
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Subaru knows what its customers want, and once again it has delivered. No, dogs aren’t yet available as a factory accessory, though the automaker sets up adoption drives. We’re talking about selling adventure, and the 2022 Subaru Outback Wilderness is the most rugged and capable Outback to date. Subaru is aiming for better off-road competence without impinging on
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LOS ANGELES — Hyundai Motor America is rolling out data tools that allow customers to share information on their driving usage and driving habits with insurance companies, potentially lowering premiums. The usage-based insurance program relies on travel-time data and driving-behavior data using vehicle sensors and Hyundai’s Blue Link telematics, the automaker said in a news
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Aurora’s self-driving truck program continues rolling. Two months after inking one big partnership, the company has added another. On Tuesday morning, Aurora and Volvo Group unveiled plans to commercialize trucks in a hub-to-hub service operating across North America. There is not yet a specific time frame for deploying fleets of the Class 8 trucks. Volvo
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It’s noteworthy that the Jeepster Beach concept, one of Jeep’s one-off creations revealed at the 2021 Easter Jeep Safari, produces mega power out of its turbocharged 2.0-liter I-4 powerplant. The concept’s forced-induction four-banger churns out a staggering 340 hp and 369 lb-ft of torque, an impressive boost of about 25 percent (70 hp and 74
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Porsche Panamera Full Overview It’s a wonderful time to be an automotive enthusiast, but that time may be drawing to a close. So, covet, flog, or fantasize about the road-scorching 2021 Mercedes-AMG E63 S and 2021 Porsche Panamera Turbo S Sport Turismo wagons while you can. Hybrids and battery electric vehicles can produce equally impressive performances,
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A press release leaked online Monday revealed that Volkswagen of America will use the brand name “Voltswagen” to differentiate its line of electric vehicles, which began deliveries to U.S. dealers this month. Automotive News has independently confirmed the authenticity of the planned change with a person familiar with the company’s plans, and that it is
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This weekend, the first official 2021 Ford Bronco, the SUV with VIN 001, was auctioned to the highest bidder by Barrett-Jackson—for $1,075,000. Of course, the proceeds are going to charity, specifically in support of the National Forest Foundation and Outward Bound. Both charities are geared toward spreading understanding of the outdoors and a sense of
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MILAN — Stellantis will halt production at its plant in Melfi, southern Italy, between April 2 and April 12 because of low demand triggered by the COVID-19 crisis, and not because of the global chip shortage, the UILM union said on Monday. A spokesman for Stellantis confirmed the plant would be closed during this period.
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The landscape is changing for Jeep. The venerable brand hasn’t faced serious off-road competition for the better part of a decade or more. But with the Ford Bronco and Hummer — reimagined and electrified under the GMC brand — set for comebacks, Jeep is upping its game and green cred with new concepts. Jeep has
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