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Bosch Will Supply Key Components To Daimler-Volvo Fuel Cell Joint Venture
Thursday, June 17, 2021 - 2:56pm | 621German automotive supplier Robert Bosch will make and sell air compressors to Cellentric, the fuel cell joint venture of Germany's Daimler Truck AG and Sweden's Volvo Group AB. Trucks and stationary fuel cells for data centers and other high-power installations are several years away. But...
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The Daily Dash: Union Workers At Volvo Trucks Reject Contract
Tuesday, May 18, 2021 - 10:59am | 537The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the rejection by union workers at Volvo Trucks North America of a tentative contract, opposition by the Department of Justice to letting Canadian railway CN create a voting trust in its bid...
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Are Electric Vehicles Safer Than Gas Cars? IIHS Study Weighs In
Monday, April 26, 2021 - 5:46pm | 391Tesla Inc (NASDAQ: TSLA) regularly releases safety reports about its vehicles. The company's latest report shows its vehicles only get into an accident one time for every 4.19 million miles traveled while using the Autopilot driver-assist software. This is in comparison to the average...
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The Daily Dash: Microchip Shortage Hits Volvo
Friday, April 23, 2021 - 11:02am | 444The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the growing impact of the semiconductor shortage, public sentiment on automated driving systems in trucking and more. The High Five 1.Sweden's Volvo AB expects to take up to four weeks of...
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Volvo Expects Up To A Month Of Chip Shortage Downtime
Thursday, April 22, 2021 - 1:09pm | 534Sweden's Volvo AB (OTC: VLVLY) expects to take two to four weeks of manufacturing downtime this quarter as a shortage of microchips worsens. Ironically, a strike by 2,900 workers at Volvo's only manufacturing plant in North America could help the company move chips to other plants and forestall...
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Fintech Focus For March 31, 2021
Tuesday, March 30, 2021 - 5:35pm | 2414Quote To Start The Day: Making renewable energy from solar isn’t that complicated anymore. Source: Greg Barron-Gafford One Big Thing In Fintech: The technology needed to support ETF trading has advanced considerably in the last decade. In the past it was necessary to build in-house, but now...
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Baidu Confirms Joining China EV Fray In Partnership With Volvo-Parent Geely
Monday, January 11, 2021 - 1:03am | 557Baidu, 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). What Happened: The Beijing-based internet firm, best known for its eponymous search engine, said it...
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54,000 Volvo Vehicles Recalled After Fatality Connected To Air Bag Defect
Sunday, November 8, 2020 - 3:04pm | 165Volvo USA is recalling 54,124 vehicles after an airbag defect has been linked to a fatal incident, according to Bloomberg. What Happened: The unit of Geely Automobile Holdings Ltd. (OTCMKTS: GELYF) is recalling 2001-2003 S80 and S60 models registered or sold in the United States. This is after the...
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Parts Shortage From Mexico Slows Volvo Plant In US
Wednesday, July 22, 2020 - 12:27pm | 384Volvo Cars is facing supply chain issues from factories in Mexico, according to CEO Hakan Samuelsson. Samuelsson said supplier issues in Mexico and lower demand for its S60 sedans were partly to blame for the Ridgeville, South Carolina, plant being idle since June 3. "First is the disturbances...
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Fintech Focus For June 29, 2020
Monday, June 29, 2020 - 10:17am | 1810Daily Perspective: The greatest glory in living lies not in never falling, but in rising every time we fall. - Nelson Mandela Fintech Movers: Ally Financial and CardWorks are terminating their planned $2.65 billion merger, the companies announced Wednesday in a press release. The companies cited...
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Major Layoffs Strike A Blow To Volvo – Midday Market
Tuesday, June 16, 2020 - 4:02pm | 205On today's Midday Market Update, Michael Vincent and Kevin Hill talk about the SONAR-powered data, issues and news that move you. On this episode, they're joined by Lori Ann LaRocco, senior editor of guests at CNBC; Jared Flinn, operating partner at BulkLoads.com; John Kingston, editor-at-large...
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Tesla Bolsters EV Enthusiasm With German Factory
Tuesday, June 9, 2020 - 4:30pm | 443Some of the most impactful automotive innovations were pioneered by organizations such as Ford Motor Company (NYSE: F) and Toyota Motor Corporation (NYSE: TM). Now, Tesla Inc (NASDAQ: TSLA), despite economic and geopolitical challenges, is on its way to making an imprint on...
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Volvo Continues Focus On Driver Comfort And Vehicle Uptime In US And Europe
Thursday, February 27, 2020 - 1:47pm | 1303As Volvo Trucks continues to innovate, a focus is on building value for trucking fleets and driving efficiency and productivity for drivers. That is evident in the new line of trucks the company's global operation announced in Europe on Feb. 27, and it was evident in a conversation FreightWaves...
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TMC20: New Products, Services Debut At Show
Monday, February 24, 2020 - 12:33pm | 1810The day before the official opening of the American Trucking Associations' Technology and Maintenance Council annual conference is always dedicated to new product and service announcements. In a series of press conferences on Sunday in Atlanta, companies introduced themselves and their latest...
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Volvo, Mack Will Let Truckers Schedule Over-The-Air Updates
Friday, February 21, 2020 - 9:51am | 698Volvo Trucks North America (VTNA) and its Mack Trucks sibling later this year will allow drivers to activate over-the-air (OTA) updates for a range of truck functions, bypassing fleet managers and coordination with manufacturers. Beginning in the fourth quarter of 2020, performance enhancements of...