Month: October 2021

Geely Holding Welcomes New Investors in Volvo Cars


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2021 October 29, Hangzhou. Zhejiang Geely Holding Group (Geely Holding), China’s largest private-owned automotive group, today welcomed new equity investors to Volvo Cars following the completion of an initial public offering on the Nasdaq Stockholm exchange valuing the Swedish premium automotive group at SEK 158 billion.

Geely Holding, which acquired Volvo Cars in 2010, has overseen a significant increase in the value of its Scandinavian subsidiary in a decade which has seen the automaker expand its manufacturing footprint to include plants in China and the US, achieve record volume sale and to embark of a transition strategy to full electrification.

Eric Li, Founder and Chair of both Geely Holding and Volvo Cars, said: “We are proud of the success achieved by Volvo Cars, which has flourished as part of Geely Holding Group to become the fastest transformer in the global premium segment. By delivering on this strategy as a newly

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Signature Auto Group New York Combats Global Chip Shortage & Supply Chain Issues With Car Lease Exit Program | News

BROOKLYN, N.Y., Oct. 30, 2021 /PRNewswire-PRWeb/ — Signature Auto Group, a premier online car leasing company, with offices in both Brooklyn, NY and Fort Lauderdale, Florida, has been combating the current global chip shortage and supply chain issues with it’s early car lease exit program! The semiconductor chip shortage brought upon by the Coronavirus pandemic, is expected to cost the global automotive industry upwards of $210 billion in revenue in 2021. This issue coupled with a global supply chain slowdown, has caused used car prices to rise, meaning that exiting a car lease early can benefit the car Lessee. Through a seamless online process, Signature Auto Group can offer car lessees’ custom lease exit options.

Supply chain issues around the world have created an even more difficult situation for the automotive industry. Not only are manufacturers not able to build enough cars, they are also struggling to deliver

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Avis Finances Group

Most of the adjustments occurring within the automotive market as we speak, including tightened credit markets in a capital-intensive industry and elevated government involvement are the latest global challenges. Software License. Subject to your persevering with compliance with these Terms, we grant you a personal, royalty-free, non-transferable, non-assignable, revocable, and non-unique license to make use of the software program and APIs we may provide to you as part of the Services. This license is for the only real goal of enabling you to make use of and luxuriate in the good thing about the Services we offer, within the manner permitted by these Terms and any additional phrases or pointers. You could not reverse engineer or try to extract the source code of our software program, except applicable legal guidelines prohibit those restrictions or you have our express written permission. Our software might automatically download and install safety or different … Read More

Best Car Technologies of the Last Decade


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The automotive industry has seen a lot of disruptive innovation
over the past ten years. Smart gadgets, electric cars, advanced safety systems, and other car technologies have completely transformed the driving experience.
And as technology continues to advance, so do cars. So what’s different now? Here are some of the car technologies you couldn’t find in cars ten years ago.

1. Driver Assist Systems

Car manufacturers today focus on safety. Most cars come fitted with driver aids such as lane-keep assist, blind-spot alert, reverse brake assist, and lane-departure warnings to protect drivers from accidents. These
advanced systems help reduce driver fatigue and improve their reaction time to road hazards. They are particularly important for people who drive long distances.

2. Electric Vehicles

Ten years ago, fuel-powered vehicles were the norm. But today, electric vehicles (EVs) have taken over. Most manufacturers have started producing them and improving their fast-charging abilities. A

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