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2014 Volvo XC90 on track as part of £3.5 billion investment in Sweden
Tue, 04 Dec 2012Volvo are investing £7 billion in their future – half of that in Sweden – and the first model to benefit will be the long overdue 2014 Volvo XC90. Just like all of Ford’s premium automotive adventures - Land Rover, Jaguar and Aston Martin included – Volvo has suffered from a long period of under investment but now – with China’s Geely in charge – they’re forging ahead with big investment and big plans to try and emulate the turnaround Tata has accomplished at JLR. That means an investment of £7 billion over the next three years – £3.5 billion of that in Sweden – in a new scalable architecture (SPA) platform and new Volvo engine architecture (VEA) to underpin most of Volvo’s future models.
6th l'argus Design Competition announced
Mon, 04 Jun 2007This week French magazine L'argus de l'automobile launches its 6th Utility Vehicle European Design competition. The contest runs until the 5th November, with the task to design a new commercial vehicle on the theme: "How to optimize urban goods delivery in large cities". Traffic flow is an issue for most of today's cities.
BMW's Project-i will build 'premium vehicles'
Thu, 05 Mar 2009By Ben Whitworth Motor Industry 05 March 2009 16:02 BMW’s much vaunted Project-i will adopt a radical new approach to mass transport for growing urban populations – but only for those that can afford it. 'These vehicles will be premium vehicles,' Project-i leader Dr Ulrich Kranz told CAR at the Geneva motor show. 'They will not be Tata Nano rivals – no way!