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Volvo and Geely open new R&D Centre


Not so long ago, Geely announced it would use in the future technology and car platforms developed by Volvo for its own products, and now a new step towards that goal has just completed: a new research center in Gothenburg has begun operations. The new Gothenburg R&D Centre will have as immediate task the development of a new modular architecture and ...
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Canada extends investment fund for auto industry for another 5 years
Canada's Prime Minister Stephen Harper announced the renewal of funding for the Canadian auto industry totaling 250 million Canadian dollars. The Automotive Innovation Fund allows manufacturers to apply for funding for ...
Continental granted license to test its autonomous cars in Nevada
Auto parts supplier Continental today received approval from the Nevada Department of Motor Vehicles (DMV) to test autonomous vehicles on the state’s public roads. It is the first license granted by ...
GM increases speed of electric vehicle development in China
GM announced it is hastening the speed of its development of electric vehicles in China, where it will build and sell the Chevrolet Sail Springo EV. The new model will add ...
GM to work with researchers to create tires that improve fuel economy
General Motors announced on Wednesday that its engineers will work with independent researchers from January to help develop tire technology that would help boost fuel economy in its vehicles. GM gave ...
Mahindra launches new R&D centre in Pune – India
Mahindra & Mahindra Limited, India’s largest carmaker today inaugurated its two-wheeler research and development centre at Pune – India. The company has invested Rs.100 crore in setting up the R&D facility ...
Mercedes to reduce over €1.5bn annually
Mercedes Benz, the German luxury automaker plans to take out billions in costs every year by reducing the number of vehicle platforms and using more common parts across segments, Thomas ...
Caterpillar to expand its R&D department in China
Caterpillar, the world's largest heavy machinery maker, on Wednesday said it plans to expand the company's multi-functional research and development or R&D center in Wuxi, China. The Wuxi center currently has ...
Hyundai to invest $4.4 billion in R&D next year, will create 6,500 new jobs
Hyundai Motor Group, on Thursday said that it would boost spending on research and development by almost 11 percent to $4.41 billion next year. Out of the 5.1 trillion won ($4.41 ...
BMW and GM to collaborate on fuel cells
Luxury automaker BMW and General Motors plan to cooperate on the development of fuel cell technology, the German business newspaper Wirtschaftswoche reported. According to the same source, the Germans will get ...

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