Volvo Cars has promoted its head of Europe, Bjorn Annwall, to chief financial officer. Annwall, 45, who joined the automaker’s executive management team in 2015, will succeed Carla De Geyseleer effective April 19. De Geyseleer, who has served as CFO since 2019, will step down for personal reasons, the automaker said. Annwall has been Volvo’s
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Auto retail giant AutoNation Inc. is now the exclusive and official automotive partner of Major League Soccer’s Inter Miami CF, complete with naming rights to its 18,000-seat stadium, which has been renamed after AutoNation’s DRV PNK initiative to support cancer research and treatment. AutoNation, of Fort Lauderdale, Fla., said Friday that its deal with Inter
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Waymo duo will double down on AV expansion Dmitri Dolgov believed from the beginning. A member of the Stanford University team that finished second in the DARPA Urban Challenge in 2007, he was captivated by the early promise of self-driving technology. Soon after the race, he became an original member of Google’s self-driving car project.
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DETROIT — GMC plans to limit, and in many cases eliminate, floorplan costs for the electric 2022 Hummer pickup and 2024 Hummer SUV long term to help protect dealer profits and simplify the sales process, the brand told dealers Friday. “We’re going to take the risk on that now,” Duncan Aldred, vice president of global
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Uber Technologies Inc. and Lyft Inc. are spending millions of dollars to provide drivers with access to COVID-19 vaccines and offering tens of millions of free or discounted rides to vaccination sites for people in communities that lack access to transportation and healthcare services. The effort is both public-spirited, and self-interested. Ride-hailing demand is ramping
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Adding to its portfolio, the energy provider Octopus has launched a new leasing service – Electric Dreams – offering 100% electric car salary sacrifice schemes, to save employees thousands as they switch to clean green driving. Similar to the popular cycle-to-work scheme, employers can give their staff a highly valuable benefit that is also good
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The Center for Automotive Research plans to go forward with the annual Management Briefing Seminars as a hybrid event in early August, forgoing the virtual format it used last year because of the COVID-19 pandemic. The Ann Arbor, Mich.-based nonprofit research group has seminars scheduled Wednesday, Aug. 4, and Thursday, Aug. 5, 2021. As always,
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Nitrous doesn’t destroy engines. People destroy engines! On Engine Masters, watch as we show you how you can put nitrous into stock engine and get serious power added without killing the engine. #EngineMasters #MotorTrend #Nitrous Get a fast, simple and free car quote ➡️ https://quotes.motortrend.com/ MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive
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Panasonic is betting that close to a century of experience making car batteries has prepared it to manufacture a difficult-to-produce next-generation battery championed by Tesla as the key to unlocking cheaper and more ubiquitous electric vehicles. Tesla CEO Elon Musk first unveiled the 4680 battery at Tesla’s Battery Day in September as a “massive breakthrough”
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The first production models of two high-profile trucks that join the market this year raised more than $3.5 million for charity. The 2021 Ford Bronco First Edition VIN 001, a Lightning Blue two-door version of the revived off-road SUV, garnered $1.1 million during a Barrett-Jackson auction in Scottsdale, Ariz. The first 2022 GMC Hummer EV
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Racing champion Hurley Haywood reflects on his half-century career in some of the world’s greatest Porsches in the latest installment of the Brumos Collection’s “Inside the 59” video series. “Conversations with Hurley Haywood,” which has been posted on Brumos’ social channels, commemorates the 50th anniversary of his first championship, the 1971 IMSA title he earned
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NTSB: We’re still waiting for tech that can prevent car crashes A quarter-century has passed since the National Transportation Safety Board first recommended that collision-avoidance technology be required on all vehicles. The federal agency hasn’t given up hope that someday becomes a reality. NTSB members unveiled their annual “Most Wanted” list of transportation-related safety improvements
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