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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

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BUSINESS

Volvo's Polestar joins electric car race with rival to Tesla 3

Business, Published on 01/03/2019

» STOCKHOLM: Volvo Cars' luxury performance brand Polestar unveiled its first fully electric sedan on Wednesday, opening up online pre-orders for the five-seater fastback at a price and with a driving range to rival Tesla Inc's mass market Model 3.

BUSINESS

Volkswagen's monkeys

Business, Published on 07/02/2018

» Late last month, the New York Times reported that researchers used monkeys to test the effects of inhaling diesel fumes from a Volkswagen. The research was commissioned by the European Research Group on Environment and Health in the Transport Sector, an organisation funded entirely by three big German car manufacturers: Volkswagen, Daimler and BMW.

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AUTO

2016 New cars

Life, Richard Leu, Published on 04/01/2016

» What to expect from the big marques this year, everything from an Ecocar up to a 1,500hp hypercar.