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Daimler is open to supplying Volvo with engines and could even take a small stake in the Swedish automaker, a German business magazine reported, raising the possibility of increased ties between Mercedes and Volvo's Chinese owner, Geely.
Volvo aims to help its U.S. dealerships become more profitable in 2018 in part by focusing on improving the used-vehicle and service businesses.
Volvo Cars Chairman Li Shufu says that the autonomous driving industry should move forward prudently in the wake of a deadly accident in the United States this month.
Lynk & CO is previewing its latest model, the 02, and announced plans to begin sales of the crossover in Europe in 2020. The 02 will share its underpinnings with the 01 crossover and the Volvo XC40.
Uber disabled the standard collision avoidance technology in the Volvo XC90 that struck and killed a woman last week during self-driving tests, according to supplier Aptiv.
Lynk & CO, the Chinese-backed startup that is partly owned by Volvo, will produce its 01 crossover at Volvo's factory in Ghent, Belgium, starting in 2019, Lynk & CO and Volvo said.
Volvo aims to help its dealerships in the United States improve profitability in 2018 in part by focusing on used cars and customer service.
Matthew Haiken, chairman of the Volvo Retail Advisory Board, says Volvo Cars' rising tide should lift all boats, especially those of its U.S. dealers.
Geely Automobile Holdings' profits more than doubled in 2017, driven by strong domestic sales of popular SUVs.
The first fatality involving a fully autonomous vehicle is shaping up as the first significant test of how policymakers and the public will respond to self-driving technology.
Volvo's new subscription service and its plans for its Lynk & CO brand to sell vehicles directly to consumers have stirred unrest among the Swedish automaker's approximately 300 U.S. dealers.
The fatal accident involving an Uber self-driving vehicle is the most significant involving autonomous-driving technology since a Tesla driver's death touched off months of finger-pointing.
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