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Volvo’s latest export: Paid parental leave to help female executives

Volvo’s latest export: Paid parental leave to help female executives

  Volvo Cars will offer all its employees worldwide 24 weeks paid parental leave in a bid to support female executives and equal parenting. The carmaker, which is based in Sweden but owned by China’s…

Honda agrees to sell British car plant to logistics giant Panattoni

Honda agrees to sell British car plant to logistics giant Panattoni

    Honda has agreed to sell its only British car plant at Swindon in southern England to logistics giant Panattoni, a company spokesman said on Saturday, as the new owner reportedly plans to make…

China’s Geely Automobile plans new EV unit after profit fell in 2020

China’s Geely Automobile plans new EV unit after profit fell in 2020

  China’s Geely Automobile Holdings Ltd said on Tuesday it and its parent Zhejiang Geely Holding Group will form a joint venture for electric vehicles (EV) and launch a new brand called Zeekr, after its…

EV frenzy over Volkswagen shares draws regulator’s attention

EV frenzy over Volkswagen shares draws regulator’s attention

  An outsized rally in Volkswagen shares has drawn the attention of Germany’s top market watchdog as heavy-volume trading spurred by the carmaker’ electric vehicle ambitions sent the stock rising as much as 32% this…

Honda temporarily cutting production at all US, Canada plants

Honda temporarily cutting production at all US, Canada plants

  Honda Motor Co said late Tuesday supply chain issues will force a halt to production at a majority of U.S. and Canadian auto plants for a week. The Japanese automaker added the issue will…

Entrepreneur Alix Burton is proving invaluable to transportation industry amidst pandemic

Entrepreneur Alix Burton is proving invaluable to transportation industry amidst pandemic

  One of our most important resources, especially during the pandemic, is transportation. Essential goods are worthless sitting in a warehouse, and this is where the road warriors known as truckers provide a critical service…

Kia recalls 380,000 US vehicles for fire risks

Kia recalls 380,000 US vehicles for fire risks

    Kia Motors Corp said it will recall nearly 380,000 Sportage and Cadenza vehicles because an electrical circuit could cause a fire in the engine compartment. The recall covers vehicles built from the 2017-2021…

Utilizing social media is a key ingredient to VIP Motors’ success

Utilizing social media is a key ingredient to VIP Motors’ success

  In the digital age, if you do not have an online presence it is as good as not being present at all. You are, practically, nonexistent. Today, various social media platforms provide enterprises the…

Betting on death of petrol cars, Volvo to go all electric by 2030

Betting on death of petrol cars, Volvo to go all electric by 2030

  Volvo’s entire car line-up will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade.…

Kia shares rise after report says still scope for Apple partnership

Kia shares rise after report says still scope for Apple partnership

  Shares in Kia Corp rose as much as 8.1% on Friday after a South Korean online news site said there was still potential for the automaker to form a partnership with Apple Inc. Shares…