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In 2017, Geely acquired an 8.2% stake of Volvo AB, which is also about 15% of votes. [130] [131] In January 2024, Geely announced to reduce its holdings in Volvo Group by 685 million USD. The stake has been lowered from 8.2% to 6.8%. Despite the reduction, Geely remains the second-largest shareholder in Volvo Group. [132] Renault Korea (34.02% ...
The two transmissions cannot be differentiated from the outside. The 4L65E shares the same exterior parts but have stronger internals such as 5 pinion planets compared to 4 in the 4L60E. 4L60E uses a 6.5" depth bell with 6 bolts for non gen 3 LS applications and a 7" depth bell with 7 bolts for LS applications.
The program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 (US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 (US$3,390).
Volvo Cars built two demonstration versions of Volvo V70 Plug-in Hybrids in 2009 but did not proceed with production. The V60 plug-in hybrid was released in 2011 and was available for sale. In October 2010 Lotus Engineering unveiled the Lotus CityCar , a plug-in series hybrid concept car designed for flex-fuel operation on ethanol , or methanol ...
Economy car is a term mostly used in the United States for cars designed for low-cost purchase and operation. Typical economy cars are small (compact or subcompact), lightweight, and inexpensive to both produce and purchase. Stringent design constraints generally force economy car manufacturers to be inventive. [1]
Freightliner M2 dump truck. A truck or lorry is a motor vehicle designed to transport freight, carry specialized payloads, or perform other utilitarian work.Trucks vary greatly in size, power, and configuration, but the vast majority feature body-on-frame construction, with a cabin that is independent of the payload portion of the vehicle.
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