Chinese automotive group Zhejiang Geely Holding has purchased almost 10% of Daimler, just weeks after becoming the largest shareholder in truck manufacturer AB Volvo. This latest move is part of a strategy by the Chinese firm to compete with technology companies such as Tesla, Google and Uber in the development of electric vehicles. Announcing the deal, Li Shufu, Geely’s founder and main owner, said: “No current car industry player is likely to win this battle against the invaders from outside […]
MT’s latest UK Commercial Vehicle Operator Report, produced in association with Texaco Lubricants, reveals the value of being smart. There’s much talk of the squeezed middle in British politics but the latest UK Commercial Vehicle Operator Report confirms the emergence of savvy operators forming a smart middle within road transport. These operators are pulling forward their purchasing to beat Euro-6, providing services to external clients via their in-house workshops, and making use of the latest technology to optimise the running […]
Hargreaves Logistics is to adopt a franchise programme to boost subcontractor retention and create a more flexible fleet.
European truck manufacturers have been hit with a record €2.9bn (£2.5bn) fine after they colluded for 14 years on truck pricing and on passing on the costs of compliance with emissions rules.