22 Burst results for "Volvo Cars"
"volvo cars" Discussed on Bloomberg Radio New York
"From Bloomberg television Here's Anna Edwards Volvo cars has reported better than expected earnings this quarter The Swedish Chinese automaker said it sees supply chain constraints easing in the second half of the year joining us now is the CEO of Volvo cars that is Jim Rowan Jim very nice to have you with us Give us a sense of just how strong things are at Volvo cars Underlying demand is incredibly strong for plots across the range Actually globally and fight And perhaps most exciting for us is the demand for electric vehicles including the plugin hybrids as incredibly strong And remember we've actually raised pricing as well to cope with some of the price increases that we'll see and of course that increase in rate of inflation So despite those price increases that we put to the market while still sought underlying demand remain incredible strong which is obviously encouraging for the company What's your latest guidance on the supply chain issues that the sector has been dealing with since the pandemic Jim And how is it evolving Yeah so you saw the underlying supply chain issues across not just the auto industry but in general in terms of semiconductors And that's been well reported By and large Volvo we will see ourselves come through the end of those constraints by the end of the second quarter which possessions as well from a semiconductor standpoint for the really strong second half to the year in terms of production Here more conversations like this one on Bloomberg television streaming live on Bloomberg dot com and on the Bloomberg mobile app or check your local cable listings Markets headlines and breaking news 24 hours a day The Bloomberg business app Quick take This is a Bloomberg business flash From Bloomberg's European headquarters in.
Volvo plans to phase out gas cars by 2030
"Company is getting rid of gas powered engines and salespeople. Volvo cars is going all electric by the year 2030 and will shift all sales online. The company plans to cut dealers out of the car buying process. Show rooms will be used for showing some models picking up cars and four service.
Volvo Cars to go fully electric by 2030
"Has autocratic tendencies. Swedish car manufacturer Volvo has announced that by 2030, it will only so fully electric cars. It's unveiling a new electric model today. Here's Andrew Walker. Volvo is accelerating its electrification strategy. There's an interim target for 2025 of half its sales being fully electric cars with the remainder hybrids. Five years later, the hybrids will be gone according to the new timetable. Was only last year that Volvo launched its first fully electric model. The company will reveal a second one later today, Volvo says it's move is part of what it calls an ambitious climate plan,
"volvo cars" Discussed on SUSCAST
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"volvo cars" Discussed on 860AM The Answer
"Acres have started urging him to where one in an interview with Fox business, The president says he has worn one and thinks masks are good. He even likes it, saying it makes him look like the Lone Ranger. Great Clugston. Washington Worries about a resurgence of the virus in the South and West continue in remarks during a visit to Arizona Vice President Pence says that Arizona will get help with medical staff for surge capacity. The governor conveyed to us an additional request for another 500 personnel on I'm instructed the acting secretary of Homeland Security to move out immediately. On providing the additional doctors and nurses and technical personnel. Meanwhile, a major U. S pharmaceutical company is reporting encouraging signs from early testing of its efforts to develop a covert 19 vaccine visor and a German partner Bio in tech say they've been able to produce the desired immune reaction in 45 volunteers taking part in early testing for a potential corona by respect scene. They're working on four similar formulations. Using a piece of the virus is genetic code to prime the body to recognize it and attack it. Correspondent Jackie Quinn reporting. Florida sheriff says he'll deputize every gun owner his county to put down violent protests. His deputies can't handle alone. Clay County Sheriff Darryl Daniels gave no indication in a three minute video released Wednesday that any demonstrations are planned in his suburban Jacksonville County. A mixed day on Wall Street is the Dow was down by 77 points. But the NASDAQ rose 95 the S and P advanced by 15 more on these stories, a townhall dot com Gold. It's soaring. Are you missing it? If you have an IRA, or for a one K, you probably are less than 1% hold physical gold. We've been told by Wall Street. It's for crazy people really. What's crazy about an asset that beet stocks to tow one? I'm Adam Barada national bestselling author of the book Gold is a Better Way, owner of Advantage. Golden Ankh 5000 member and highest rated Gold IRA firm in the World. Gold is booming because gold is really about debt and global debt is a pandemic if even Ira or 401 k. I want to give you my book for free. That's right. Free. Call 809 108,000. That's 809 108,000. Learn why gold will outperform pumped up stocks from this point forward, Turn your IRA until wealth growth machine just call 809 108,000. It's time to stop being crazy. Call 809 108,000 Get another auto recall, this time from Volvo Volvo Cars, is recalling nearly 2.1 million vehicles worldwide as a preventive measure after the company discovered that a steel wire connected to the front seat belts Khun B. Weakened the front seat belts are anchored to the car via the steel cable, which can be subject to wear and tear. There have been no reports of injuries or accidents linked to the fault. The recall is the biggest ever for the brand. John Scott reporting a lawsuit claims some of the nation's leading property management companies. Deliberately excluded older people from seeing Facebook advertisements for dozens of apartment complexes in the Washington, DC area. The suit filed by the Housing rights Initiative is the first lawsuit to accuse residential property management companies of engaging in discrimination in housing advertising. The federal suit says anyone over 50 was deemed to be too old to receive housing ads on Facebook. News and analysis. A townhall dot com I'm Keith Peters in Washington. Elise in the Italian city of Naples say they have seized 14 tons of amphetamine based drugs from Syria with possible links to Islamic state militants. Police found the drugs in three containers in the port of Solano, south of Naples. Inside was the equivalent of 84 million pills of counterfeit captagon. A drug popular in the 19 sixties as a stimulant on a diet aid. It is banned in many countries, but generic versions are still common in the Middle East is a Mr Militants are known to use it on operations. Police say they're looking into possible links between the Naples based crime gang. The camera and Syrian criminals working with Islamic state agents. The BBC's Mike Sanders, Geechee Boy, Mila family owned operation in South Carolina that makes locally grown in mill grits says it will change its name amid bash flash from shoppers. Company said Wednesday. It'll reveal the new name once the legal requirements are met on the paperwork is complete. More on these stories, a townhall dot com What if I told you there's a wealth management firm that offers a 100% satisfaction? Guarantee? Think.
"volvo cars" Discussed on AP News
"Volvo because says it's recording nearly 2.1000000 vehicles worldwide as a preventive measure after the company discovered that a steel wire connected to the front seat belts can be weakened of all the spokesman has told Swedish public radio the front seat belts are on good too because Bob this steel cable and given that this one could be subject to whether I'm telling the special conditions you can reduce the seat belts protection the spokesman added it's a very rare problem full this says the recall which is the biggest ever for the brand is a preventive safety recall to avoid future issues maybe no reports of injuries or accidents linked to this cold I'm Charles the less my
Volvo Cars recalls nearly 2.1 million cars worldwide
"Volvo because says it's recording nearly two point one million vehicles worldwide as a preventive measure after the company discovered that a steel wire connected to the front seat belts can be weakened of all the spokesman has told Swedish public radio the front seat belts are on good too because Bob this steel cable and given that this one could be subject to whether I'm telling the special conditions you can reduce the seat belts protection the spokesman added it's a very rare problem full this says the recall which is the biggest ever for the brand is a preventive safety recall to avoid future issues maybe no reports of injuries or accidents linked to this cold I'm Charles the less my
"volvo cars" Discussed on WBZ NewsRadio 1030
"The VDO automotive and with our free service pick up free delivery and free loaner vehicles it's always and you visit Volvo cars to retain ad VT Volvo dot com for eleven people he's mayor is pitching a plan to bring a permanent children's museum to the city at tomorrow night's city council meeting here's Sherrie small even the mayor Ted Ben cord wants to turn the historic circa eighteen ninety five Shea mansion on Washington Street into a children's museum the people it's going to bring to our downtown that are going to go to our restaurants that are going to go to shops I think the whole region the whole area will benefit the mansion was spared from demolition when the city took the property by eminent domain in twenty sixteen pay one point two five million for the property after a temporary pop up children's museum prove successful this last spring and summer he wants to give it a permanent home over seven thousand people that came and we only did a couple of days a week you're saying the success we knew that this could be something that could work for that for us permanently in Peabody sherry small WBZ Boston's newsradio is nice but sometimes it's a roll of the dice get accurate traffic information from WBZ traffic on the three only on WBZ Boston's news radio traffic in a minute right now at four twelve sports with Tom cutting selfless plus angles clippers play tonight in Los Angeles Marcus smart will play for the selfie Senate ankle injury the clippers collide limit rumored to be playing this game planning for Sunday in Dallas in Foxborough bill Belichick at the podium was asked about game planning the coach immediately reference that well known football analyst game planner and former president of the United States Dwight Eisenhower like us or so preparations important for the work once a battle starts he's thrown out the window the fight about that's what we do once again starts to try to figure out of the game is gone make adjustments to this we can at that point on much more from the patriots so on Twitter Tom Cody sports Muhammad so new not seen on the practice field that's not a good sign Berlin's at Brighton practicing Patrice Bergeron game time decision tomorrow lower body injury with will play against buffalo possibly a Tory crew possible return Saturday Tom cutting WBZ Boston's newsradio Boston traffic at four thirteen back to Mike the super retailers up New England all wheel drive traffic on the three is Michael you're brought to us by the video on a motive group the afternoon rush starting to take shape now Lori the westbound side of the mass turnpike just crawling out of that Allston Brighton stretch out of the state police barracks and more brake lights all pass through thirty up to the north ninety three north terrible here from the second bridge all the way up into Wilmington blame that on an earlier crash at route sixty two let's see a one twenty eight's doing now get your mom free insurance road report fund that would prove it here a one twenty eight north out is very slow on the wall that that was a good deal all the way through Wakefield England Philip toward main street for delays centennial drive up to laurel street south south continues to crawl from around verbal avid Beverly down past the door shortfall flows again from four to twenty five right down to the wall crystal in the bar for a insurance rotor point expressway south bound running about an hour from the tunnel down to this plate it's jam down to seven hill and from granite after the split northbound delays granted as a past upon to than up towards the tunnel twenty four south delays for ninety five down to route forty four and random and for ninety five south is jammed over a mile down after twenty four downtown the lowered expect their assembly square the Ted Williams tunnel westbound at a crawl so were those connector tunnels to miking WBZ's traffic on the three snowing out in the Berkshires right now raining a lot of other towns were in the forties for the most part but tonight in the thirties thirty five downtown Boston coastal areas as well and dropping the nears thirty below freezing in lab tomorrow beautiful day mostly sunny near fifty and then Friday back into the clouds turning into a rainy day and the chance of some snow this weekend right now we're looking at thirty nine degrees under overcast skies and the sun we can't see it is going down this is WBZ news radio ten thirty with the news watch never stop good Wednesday afternoon thanks for being with us it's been a busy one from Beacon Hill the Capitol Hill I'm Laurie curving here the five things you need to know at four fifty let's start with Beacon Hill the state Senate passes a bill to ban handheld cell phones now it's up to governor Baker to the side some hungry diners are turned away from the red robin.
Volvo expects most of its sales to be pure electric vehicles by 2025
"All Swedish automaker Volvo says within five years of expects electric vehicles to account for most of its sales to carpenter with member station KPCC has more Volvo cars showed off its first all electric vehicle today in Los Angeles as part of its new recharge line of the V. is the battery electric exceed forty is the first of five zero emissions electrics it will bring to market over the next five years as the Swedish automaker works to be entirely climate neutral by twenty forty Volvo will also require a twenty five percent share of recycled plastics in its new
"volvo cars" Discussed on WBZ NewsRadio 1030
"You were brought to us by the VDO automotive group and this is I think maybe the first week of fall the best week of fall in a long time and I can remember just beautiful weather and more in store yeah absolutely it's been kind of a dry stretch here obviously and and a warm stretches welds felt more like maybe August as opposed to late September and we're gonna see this nice weather generally continue here over the next few days mostly clear sky tonight hello sixty one low to mid fifties a most suburbs a little bit warmer again for tomorrow sunshine mixed in with some clouds maybe an afternoon shower most the time will be dry hi in the low eighties partly cloudy tomorrow night below fifty a little cooler Friday but nice still mostly sunny I seventy five Saturday partly sunny up near eighty a little cooler again Sunday still dry I seventy four I'm accu weather meteorologist John fear WBZ Boston's news radio all right nice to not have to turn on the heat. we just have the windows open at night so where are we temperature wise right now well it's a range we're looking at seventy at the tip of the Cape Town Leominster sixty eight degrees and in Boston right now it's sixty six degrees when you think of although you probably think safety and style I'm Jim gray president of the VDO automotive and with our free service pick up free delivery and free loaner vehicles it's always and your visit Volvo cars to retain ad VT Volvo dot com five twenty five on this Wednesday and checking New England business it can run up hill climb stairs and open doors and you never have to clean up after its spot the highly affected and sometimes scary robot dog has been released by its maker Boston dynamics to select customers what is it half was got three hundred and sixty degree cameras I can work in below zero temps is only available right now for construction sites gas and power installations and for use in public safety but that's kind of neat our home sales in Massachusetts are pressing pause but it does appear that it's because no one's moving they're staying put they like living right here in the bay state the mass association of realtors says single family home sales in August were down about four percent but the lack of sales does not put a damper on sky rocketing prices you'll need to pay an average of four hundred and thirty gram for single family homes condos no longer much of a cheaper alternative medium price tag there a cool four hundred thousand dollars. and students in Essex.
"volvo cars" Discussed on WBZ NewsRadio 1030
"Your visit Volvo cars to retain ad VT Volvo dot com watching more red numbers some Wall Street futures ahead of the opening bell. and we talk to WBZ financial letter to Dave Caruso as always so beautiful pull back now in the market under way Dave good morning. you know where we had to take a little bit back up checks blue chips are up about a half a percent and you know it was a rough day yesterday that no two ways about it the Dow pull back on its eight day streak that it ended issues between Iran and Saudi Arabia and the drone attracts so those things are still hanging out there which because the oil to spike of about ten percent yesterday but we are giving some of that back so it's making me feel just a little bit better from that standpoint I saw days the federal reserve begins its two day meeting today and everybody wants to know what's going to happen with interest rates what do you think. well as always that the he's about it so the latest are is that a lot of investors are dissipating those interest rates cuts coming tomorrow so it's a two day chant and now we've got the said the up about a ninety percent chance of a rate cut rate to cut to about one quarter percent and I think anything else is going to be a little bit of a surprise also in the economics of we got industrial production and a lot better six tenths of a percent they only got the on expected two tenths of a percent so that's good capacity utilization of seventy seven point nine percent of the highest in five months so we're gonna hear from home bill this is a pretty good stuff that the lining up there what do you for number is ahead of the opening today days. well futures not so great if you look at the Dow right now we're down about seventy S. and P. that about five nasdaq down about ten lot of socks going on but the the interesting I am today is Amazon thirty thousand jobs and career day so there's no question though a little bit on the stock is is the focus from the volume in the service or is it going to be more about profitability so stay tuned all right Dave Caruso as always thank you opening bell on Wall Street just a couple of minutes away it is nine.
"volvo cars" Discussed on WBZ NewsRadio 1030
"England right now except right along the beaches of the high sixties some spots there thanks partly sunny skies those seventy one degrees currently in Boston when you think of although you probably think safety and style I'm Jim gray president of the VDO automotive and with our free service pick up free delivery and free loaner vehicles it's always and your visit Volvo cars to retain ad VT Volvo dot com funeral services are being held for Louisiana's former governor and Kathleen Babineaux Blanco today auto served one term as Louisiana's governor from two thousand four to two thousand eight she was at the helm during hurricanes Katrina and Rita two of the most devastating and destructive storms to hit the US mainland our son Raymond junior spoke at the funeral what was her she where did she get her unshakable faith where did she derived her strength her fortitude her courage her leadership our sincere humility her kindness but more impressively how did she make these things look so effortless and natural Margo died a week ago from cancer and she was seventy six years old there's a lot to love about driving a brand new Subaru forester permits a metrical roomy interior with enhanced room for those in all the twenty nineteen Forrester has to offer please only two thirty nine per month for thirty six months with twenty nine ninety nine suicide featuring standard I said driver assist technology the forester has Hey Lisa brand new Subaru forester for two thirty nine per month for thirty six nine details to find your is it.
"volvo cars" Discussed on WBZ NewsRadio 1030
"Most part this afternoon it will be breezy and pleasant the high seventy four tonight becoming mostly cloudy and breezy with a bit of drizzle late especially along the south shore and on the Cape low sixty rather cloudy breezy and cool tomorrow there'll be a couple of showers especially in the morning behind your seventy involved in but in the sixties at the beaches breezy cool Monday with some sun highs between sixty nine and seventy three and Tuesday partly sunny highs seventy three all accu weather meteorologist car but didn't ski WBZ Boston's newsradio clears guy bright sunshine right now sixty nine in Gloucester and Peabody sixty seven a month the wind and seventy two in Boston when you think of although you probably think safety and style I'm Jim gray president of the VDO automotive and with our free service pick up free delivery and free loaner vehicles it's always and you visit Volvo cars to retain ad VT Volvo dot com is ten twenty five this week at the WBZ water cooler and why are we talking about Georgia you ask well it's almost football season and Sports Illustrated is raking the best mascots of all time they went with the old reliable Georgia Bulldogs number one or proud to take that title you know we take pride in our mascot were were static that I got voted number one Marshall from U. G. A. talking about the dog named Olga see what they did there U. G. A. but this student nor again Matt thought the Oregon ducks should have been number one yeah I think the green and yellow is pretty flashy and it's pretty this remarkable colors flashy indeed those Oregon uniforms and ray didn't like hearing that his LSU Tigers were beat on this and he certainly didn't like hearing that the Georgia Bulldogs number one I will order again the doc okay I could maybe see that but the bulldog really I'm kind of disappointed at least would be banned at least a beat they have a race this I'm Jim holiday at the WBZ water cooler thank you drew it is ten twenty seven coming up next a ten thirty the very latest on multiple shootings in Boston since last night including a fatal in Dorchester and you can stay caught up anytime on your smart speaker today and from the weekend just.
"volvo cars" Discussed on WBZ NewsRadio 1030
"This is in response to concerns. People have had about what's known as porch. Piracy packages left unattended Porteous that are stolen by seeds. So this gives people in opportunity to have a little security by having the package delivered to the trunk and this. This follows the the people can open their doors to their houses. They can leave stuff in garages. And now, even if you take the car out of the garage, you can you can still get a package delivered. It's gotta be something that Amazon, and and I guess Ford because of the partnership at Amazon itself is hoping will lead to even more delivery packages. -solutely actually also cut Gale's with General Motors and Volvo cars for the same program. And what they do is they provide it's all to an app Amazon app that connects in this case to forts apps, and and they provide kind of a one time calling coin if you will to unlock the car for the delivery driver, and then he puts the package in your trunk or perhaps in your backseat and. And then he we locked the car. Make sure that is locked drives away. These have to be obviously cars that are able to remotely unlock a trunk versus the old days where you needed to key to get in. I mean, these are for newer fancier cars, or at least the the newer generation of cars. What is known as connected cars cars with modems. And in Ford's case that's twenty seventeen Ford models or twenty eighteen in newer Lincoln models. But more and more cars are becoming connected and depths opening this whole new portal of commerce into the automobile. We know what the benefit is, I guess for Amazon more ways to deliver their packages. So so maybe more packages being sold. What's the upside for the automakers in all of this? What did they get out of this arrangement? Well, they really want to get on the ecommerce gravy train, then start taking a cut of the action that would be coming into their cars. So Ford is starting with Amazon. They also have the deal with some mobile car. Washes that could come in wash your car when you order them on the nap there talking to grocers and other retailers to try and get as many deliveries into the cars. They can they get the data. They get a cut. It gives them a new revenue stream WBZ's, Ben Parker speaking.
"volvo cars" Discussed on WBZ NewsRadio 1030
"One fifty two than on and off again delays from Coney street to one twenty eight David stuff Alina WBZ traffic on the threes urologist dean devore's here automotive group sponsors, the four day WBZ AccuWeather forecast and dean what a difference. No wind makes in the picture today. Yeah. Definitely agree with that lots of sunshine today may end up actually being a couple of degrees cooler overall than yesterday, but with less may feel better sunny and up to fifty eight this afternoon down into the upper thirties in the suburbs. Tonight. Low forties in the city mainly clear skies. It's going to give rather cloudy tomorrow into chilly. Temperatures going to stay in the low. Fifties some bits, rain and drizzle Jeff in the afternoon. Friday, a windy and mild day well up into the sixties, maybe some sponsor near seventy couple of showers, and then some rain thunderstorm of especially in the morning. Saturday Wendy mile per sixties again right now Easter Sunday looks mainly cloudy. I could see a shower or two doesn't look particularly wet and highs in the mid sixty. So not great. But not bad. Not terrible for Easter Sunday. I'm AccuWeather meteorologist divorce WBZ Mawson's history is just beautiful in Boston this morning, sunshine and forty four degrees of you probably think safety and style on Jim GRA president of VOD motive and with our free service pickup read delivery and free Lona Biggles. It's always feeding and you visit Didi Volvo cars written at vivo dot com. Wednesday morning, six twenty five at Boston's NewsRadio. To look at New England business this morning medical device maker Boston scientific certainly has its work cut out for it. The FDA orders the Marlboro company to pull its controversial.
"volvo cars" Discussed on Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
"Talent is very savvy. They kind of know which companies might be simply talking versus the ones that are actually prepared to back up to talk with some bold different steps above and beyond that, I think we're a little bit lucky Peter to be honest with you because automative is very hot. You know, if you've spent the last ten years that they spoke or Google, or, you know, high flying company, you know, it's it's really interesting work. But at the same time, you might be one of fifty people doing what you do when you come into autumn OT. Give you might be the first person who does something for an industry because new things are quired and being developed every day. So it's a unique space and people, you know, believe that they can actually make an impact that will last for decades and decades changing how these cars were how phones and cars come together. Then they how car strive themselves how you lower friction and make a car work like getting a car work more like a service such as that flex or Spotify. So those are very interesting problem spaces where people want work. So I think we've been a bit lucky from from that perspective. And so now, the focus will be retention and the question on the table is, you know, can we go great careers for people who come in with those backgrounds and heap them around for a long time. So that they can make different than only what they came into. But also in. The the the new challenges that will come up for years to come. If you're you're a rare bowl time chief digital officer. It's a ruined of role that they're not a lot of people that have held it more than once you have done. So he referenced before you're experiencing McDonald's for more than three years. You were the chief digital officer of that I kinda brand and I wonder how what has been similar, and what has been different to cross your experiences at sea as a CD o obviously very different industries and the application of the digital technology will be different as reflecting those differences in the industries, but likewise, perhaps jewelry in your first experience that has colored the way in which you defined your second. In addition, of course, to the the the the different sets of responsibilities. You have had Volvo with addition to the goal CIO role. So talk a little bit about what what rhymes and what doesn't between your multiple experiences as chief digital outsor-. Peter welter, really great question. I mean, there's some things I've had to learn as I've come into a more. Banded role and Boba cars, and I'll touch on that. But let me start with the upside of combining the desertion were of the consumer with what typically have been called IT and under CIO. And I think the the main benefit is that you can have intended control and accountability over what you're supposed to deliver. So for example, if we say that we really want to be in any commerce business and make it easy to have customers deal with directly and that only order a car, but no the pricing and the configurations and then whereas the car right now is being built is ready for pickup excetera, you can imagine. There's a lot of different systems involve when it companies separates the CD. Oh role and says, okay. Well, you own the front end. And what the experience looks like and someone else or another part of the company own owns the systems behind the scenes factually able of the information data flow that can work, but it's actually harder and slower because it's these things are very dependent on each other. And so. A joint CIO CDL role creates a clear accountability. 'cause I think that's important about ownership and accountability. And I think those things actually promotes speed I privileged to do that here. Boba Kors McDonald's. It was a bit of a different situation. Now at the same time I've had to learn because while I've been involved with engineering and product of for a long time doing it in a company that's been around for ninety years. There's been some new elements. I've had to pick up. So for example in the big business. You won't do everything yourself. You won't have engineers on your own payroll building everything you will use their parties software. For example. You'll use consultants from time to time. They're just things that make sense. They're not core. They're not differen-. Cheaters, and you're going to get them help from the outside and in in a big company like Volvo cars the scale of that is pretty huge. And so you're going to have managed vendors going taps to strategic sourcing men those areas which have this skill. They make a difference in terms of the operational efficiency. And then the the cost and so that focus has been in area for me personally in the last couple of years and area where I've had to people around me. So I can do a good job for the company. So definitely been some learning in sort of taking on the a bit of an expansive role. They're very interesting. I'm curious also, how do you see as you look to the future? What kinds of trends or particularly citing you vision, a number of them already? But, but I wonder you know, as you think two or three years out what what are other ones that are beginning to make their way onto your your rose. Now. Peter been talking the last year or so a lot about digital health. And and my thoughts have been sort of volving. But I'm a really big believer in it. I think Wedneday you might step into a car, and it's going to be like stepping into a giant fit. So let me break that down low. But he's the analogy doesn't you know imagination doesn't set off. So clearly, but there's so much technology inside a car right now. And if we think about the sensing and perception of how it could understand your state and your wellbeing, and how what your what your health is. And how can contribute to that? In a way, that's your private and comfortable for you. I think there's a ton of opportunity there. So just to take some examples, and these are simply concepts, and there's a lot that we need to be worked out from consumer comfort. Level fan point in doing it the right way. But just this take some examples some cars will begin to ship with cameras face driver. And the might be an option and cars. The opportunity to use that for safety when it comes to drowsiness detection, for example, or for people who have diabetes, and they're your glucose levels are falling. The cameras can actually play a big role there because the cameras can really tell through people dilation with a pretty good confidence level. What what whether those conditions are coming. And if we think about somebody driving, and you know, they're gonna draw the or the the blood sugar levels falling. You know, is that a an option that makes sense for some people. Just by by way, of example, you know, car is in seats have some sensors, but the sensor capability is really volving quite rapidly. The cost of the sensors as falling for example. So there's a lot more information that can be put together there. And then you start thinking about AM machine learning. And then you could potentially get into. Here's where you could understand the problem before it occurs on people. How to do them the right way? And is that Corp business probably, but we work with other companies who are really trusted by consumers to think about people's health. And well being I think that you know, that's near that we at least have to explore. So do health is one. I think sustainability is very important. That's actually part of votes mission and purpose. Our purpose is to give people the freedom to move in a way that personal safe and sustainable, so I talk about sustainability, you know, it's not just about using an electric car is it's about supply chain. And how are we sourcing materials, and what are those materials? So it's about the card so physical standpoint. And I think in the future. Everything will be quantifying quitting people's footprint on how they're affecting the planet. So the you might be charging your car electrically, but you need to go back to the source of that electricity all the way if those are renewable sources, and so that's a little bit further out. But I think that companies need to think about sustainability as a CSR thing. But actually core attribute of their product service. Think was perfect company the lead the charge there. So those are those are a couple years where I'm
"volvo cars" Discussed on Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
"Momentum in these things momentum. I think feeds on it. So you mentioned partnerships ought of. And I know that in leading the California operation for the or for Volvo cars that you have developed a good number of those those partnerships with the broader tech ecosystem, the venture capital community as a means of really thinking, more broadly and marshalling ecosystem to to to breathe life into vision that you created and I wonder if you could talk a bit about that. I after imagine that was a new set of undertakings for the organization new way of thinking. How'd you go about that? Well, fortunately for me. A few months before I arrived, the company already decided to put a small satellite in via California. And that was great. Because at about the same time we in talking to the large largest companies out there, and I'll just pick a few Google Amazon and Google about what we could do together. And so all of those conversations actually resulted in strategic partnerships in the case. And and so in terms of why are location is important? There is really because the proximity allows our teams to co create with our partners on the other side in the case of Google a lot you can do with companies like Google, and so this is just one element of it. But we partnered on embedding version of Android in our cars. And what that means is we all know, what infotainment systems are in cars and generally have been really clunky to use. And now, we think about an opera. Some like Android, and we say the car is device on wheels. So what if you had a an infotainment system that we're actually based on on Android, and there will be a lot of benefits to that. Because you could ample not have to have your phone, would you and still have all your relevant information like your calendar? Your contacts, you know, in in the car and available to you. And so there there's a huge convenience there. And on top of that your car is never left behind when it comes to navigate mapping because we've all been suffering for years and years where the cars are actually behind the phone when it comes to information about that's nations peo- Isaac cetera. So we've been one of the first two companies to to to move in that direction is to just dip our toes, but essentially really think of the cards device based on an Android operating system. And the customers will start to see that you know, within a couple years and cars starting with bulbs. Now, I don't think that would have been possible unless we made session to really have a strong California presence since I've come in we've grown that. It's probably going to be ten times larger than you know, where I inherited it. So we've definitely are in the process of killing it up in terms of what we do there. There is definitely some product development, some of the ecommerce things that I mentioned ring developed are surely there, but also in Sweden, but on top of that to to your point, Peter we have partnerships and business development capability there. We look to work with both big tech companies the ones I mentioned, but also young startups that can really push the envelope. And so far we have actually not only decided to work with. But also invest into young companies one is called Lumina or they do a lighter, and I can. Geek out on lighter. But I refrain from that for a minute and the other's called free wire, and they do fast mobile charging. And so whether you think about Thomas drive, and the role of lighter technology or the idea of fast charging electric car, and they're both very sound. Like, they would be really excellent things to do for to bring to our customers. And that's only possible by having. You know, local talent people we've pulled from, you know, really great Silicon Valley experiences, and then combining that with the networks, they bring in the networks said high also have being very close to companies like gray, log Andriessen Horowitz Koya having worked with some partners over there back in the day. And so we're we're hopeful that we'll continue to give us a bit of an edge. Excellent. And you know, you in in as the company made the decision to plant a flag in Silicon Valley. They did. So in in the perhaps. The the difficult place on earth from a talent perspective to to to to drawn keep talent because of the number of opportunities. Great technologists have in that area. Of course, given the the startup community in tech tech community were generally speaking in that region and curious how how how you built your team came to give us a bit of the makeup of the team. Also be interested in how you conveyed the sort of proposition. You know, made this attractive option to to great technologists who have so many options at their Beck and call. Talent is a very essential thing. Because if you have the right strategy, and you have the right talent things, you know, the right things will be bound to happen. I think talent builds on it self. So I credit to our seato up on Samuelsson who made a a really great trip to Silicon Valley, you know, about three years ago met with top venture capitalism. Group living Mark Embree and Marc Andreessen put them together with be we had conversation necessarily about just about ideas. Really and one thing led to another and I found myself in the company and so once I arrive people began to think, okay. Well, that's interesting in Volvo would make a little bit of a different higher. When it comes to having, you know, sweet person from Silicon Valley and having that person based in the US. As well. So that's those were different moves. And so people began to notice I got a lot of outreach pulled from my network, etc. Etc. So I think to kick it off you need to start with the right person and send the right signal to the marketplace that's very important because talent
"volvo cars" Discussed on Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
"Detect a weekly conversation with people who are shaping the technology landscape. I'm peter. President of meta strategy advisor technology executives Ford's columnist book, author and your host each episode of technician features insights from top executives and thought leaders at the intersection of business, technology and innovation. If you like what you hear be grateful that you get a rating on I tunes or through whatever other source you use for podcasts, and please subscribe. So you don't miss a thing. Thank you. I guess this week is object compute. It was the chief digital in global chief information officer Volvo cars in this combination of roles, I didn't responsible for spearheading digital technology. It's mation of Volvo. I building new customer experiences. Digital products to bro. Volvo out of served as chief digital officer of McDonald's where he built the company's digital organization from the ground up at the time us one of the first CEO's fortune five hundred company y'all had stints said companies like Amazon yacht who in L in this interview audit discusses Volvos evolution into a mobility company. While the company's been around since nineteen twenty seven the execs. First order of business is to define the future state of the company, which allows them to understand the emission that need to fulfill if a company can put together a plan to move towards the higher embellishing. It will game meant him which goes on it self as fix points. He claims that once global company has clarity on this aspect. It will have the necessary resources to chase. It also discuss out of focus on the customer experience. Volvos partnership with Silicon Valley firms, the companies value proposition potential, please in a variety of other topics. And now a word from our sponsor technicians. Brought to you by four tonight a recent caught up with nets chief? Formation security officer, Phil Quaid, and he discussed the expanding threat landscape that IT executives in companies more generally encounter daily and the ways in which fortunates security fabric can help on most every organization faces in expanding attack surface caused by digital transformation threat actors at automates fisted attacks in a growing, cybersecurity skills gap, it's more urgent than ever for security leaders tonight only be technologists, but strategists that can enable business the fundamental elements of cyber security our speed in integration combined with segmentation in access control. You can build a foundation that tilts. The odds in your favor defending it, your points of strength Fortinet can help our security fabric. Spain's your entire network environment from the IOT endpoint through your core. In until multi cloud environments, we integrate each security element to address today's growing threat environment protecting the expanding attack surface in. Reduced complexity this enables actionable threat intelligence to be shared speed scale in automated, mitigations shrink risk windows is the cyber security strategy and technology use to protect the highest end systems in its now assessable to both enterprise in SMB just because you cannot eliminate cyber risk. Does not mean that you cannot manage it. Build your strategy around speed automation in integration. Let's get back to our interview onto for Feek. Welcome to tech nation. It's great to speak with you today. Yeah. Thanks for having me pleasure to be here. I thought we would begin with your current set of responsibilities. You're the chief digital officer in global chief information officer Volvo cars, and I wonder if you could just take a quick moment. And and unpack each of your set of responsibilities. How are you those defined from your your point of view? Sure beater will. I think what's interesting with caught a little bit differently about these responsibilities as I came into the oval cars two years ago in in some environments, you find the chief digital responsibilities separate from what's been called IT and what we've chosen done here. That's a little bit unique is actually bringing them together. So just to give you a flavor for why we think that's a good thing for our company and probably prouder companies as well, if you think about it the world is moving very fast, and whether you're billing things for the consumer or you're building things for the internal enterprise. Everything needs to move with. Speed and agility, and so by combining the traditional responsibilities of the CIO, which are have typically been under IT with what a chief digital officer doing towards the consumer uplifting all the digital products that we build in all the software we build into organization to move with with the speed and agility, we need to stay relevant, and and do great things for customers. It very interesting. And I would love to also just kind of CD, oh is one of those roles that is defined very differently in different organizations. I I know that, you know, from from some of the reading I've been doing on your background, you were you developing digital technology transformation within the organization while also focusing on customer experience and and building digital products. And I wonder if you could give some examples of each of those how do you see customer experience changing, especially in the auto industry involving more specifically through? The use of digital technology. It's a it's a great question. I mean, we think about it very simply in in two buckets. The first is how people get their hands on a car and second is what they can do with the car once they haven't. And both are in the midst of some really radical changes where they're gonna work a lot better for people. So to touch on the first B's buying a car is a laborious process. It's not one that people really enjoy. And so how can we radically simplify that? Of course, we need to give people the interfaces like e commerce so that they can be in control and kind of understand the different possibilities. What kind of cars? Do we have can they figure them how quickly can they get the hands on the car that they like excetera, whereas the car right now before you know, it's being handed off to me, for example, in the extent we've taken there. There is to pioneer the idea of corruption. So we live in a subscription economy. People are very familiar with Spotify and Netflixing how that works. And so we've thought about the same model for cars, and essentially the way it works is that we provide a very flexible way of getting your hands on a car without having to sort of, you know, go to a retail side and really work out all the details because you simply what about your phone and in the few tabs, you understand your pricing, and you understand your car options. And then we schedule it the for you to pick it up and the term of the of the subscription is currently mostly two years, but we're also working on making that a bit flexible for people, and so we really it's also inclusive of everything you need. So we think that kind of an interesting way to think about getting your hands on car. So we, of course, those powered by is products the mobile app experience etcetera. So that's a big part of what we're doing. And then we come to what you can do when you actually get your hands on a car. And of course, the car the device on wheels. And so everything is connected through a car cloud, and you have your phone and using your phone that we have an out where you to do everything from, you know, start your car and get it warmed up in the winter before you have to be in a to actually share the car with let's say a friend or family member when you're out of town through the convenience of the phone. So we're really pushing the envelope on what are the possibilities of using cars of simplifying really lowing the friction when you onto to business with us. I mean, those are the principal areas where were focused from a to the shin of the consumer experience standpoint. Now the. Other end of it. What people typically called IT, which I have essentially, rebranded as enterprise products covers a ton of things everything from how we may factor produced cars to the design and development of those cars before they're actually available to consumers to also how we work as employees. We've got tens of thousands of points across lobe, they need to reproductive. They need to collaborate. And so the ton of software there that's required as well. And so my thought coming into cars has been why do we work in such a innovative agile way for the things we'd be externally and then work in a slower pace and more legacy way, internally that doesn't make sense. So I said the same Bishen for software development and products, whether they're internal facing, let's let's call that enterprise or their external facing called that consumer very. Interesting. And I'm curious, even as you you were describing this you mentioned Spotify as an analogy to some of what you're doing here. You talked about the move to product as I'm hearing you talk you talk about this. I know that you've been with the company for two years, and this is your first in the auto industry after time Spence it a number of leading digital organizations from AL in its heyday to audible to yacht who to Amazon you've had product responsibilities previously as well. And I'm curious to what extent is it been useful to be an outsider coming in in sort of redefining things perhaps drawing analogies from your past experiences in ways that a veteran of the industry wouldn't be as well to do. I think it's the number one responsibility of of teeth officer somebody in that kind of role is essentially to provide fresh external thinking and to a reimagined the company for for today. And so the first thing I do coming in from the outside is ask the question. What would Abbas on do? I did that in my first two weeks when I entered McDonald's and put something on the table there within a month of what I thought that could look like and it went through a similar exercise here. Bubba cars with the board of directors, and it's not to say that Amazon will directly compete when McDonald's or Volvo cars, but it is to say that we need to really set a very high bar for how we think about what our businesses about. What's the nature of the product and the service, and how do we make money from that? And we can either Bill. Incrementally from what we're doing have been doing project aids, but was been around since nineteen twenty seven, and so it's a very injuring company, and there's a lot of good in that at the same time, it's entirely different to work backward. From what good looks like. So first thing order businesses to divine. What good looks like then you understand the MVP that you need to go fill and make happen once global company has clarity on what good looks like it has the resources and can make the bull moose that needs to make whether those are we were gonna they sins or partnerships or different capital commitments alignment with the board. Excetera retraining people bring in you talent all those elements of what people call transformation those become not easy to do. But you can actually put a plan together to move towards towards that higher Bishen. So that's the way it's. It. That you can really build momentum
"volvo cars" Discussed on WAFS Biz 1190
"The outlet online viewed savings on the things you needed one. Iraq. Doc. Secretary of state Mike Pompeo is reassuring allies that they are not being left behind in the fight against I s by the president's troop withdrawal planets. The draw down the troops is essentially a tactical change. It is not a change in the mission. It does not change the structure designed aurthorities on which the campaign has been based it simply represents a new stage in an old fight. Azerbaijan's energy minister, reckons OPEC and its allies will probably extend cubs on oil production later this year to keep prices stable the deal struck by the call tell and leading independence removed one point two million barrels a day from the markets and has lifted crew fifteen percent this year, in fact meets again in April. Global news twenty four hours a day on talk on Twitter. More than twenty seven hundred journalists and analysts in one hundred twenty countries. I'm going to be a house. This is Bloomberg. Thanks liberty. Let's get you some breaking into Bloomberg. It's been an important week for automakers. After until you now Volvo coming out with some guidance, you're twenty eighteen net revenue rose twenty one percent to one hundred and fifty three billion Swedish kronor the operating profit is up nine tenths of one percent to fourteen point two billion Swedish kronor, and then here's some color from the CEO himself. A Volvo cars. This is Volvo cars specifically saying the twenty eight team prophet has been hurt by tariffs and price competition. And also adding that they're seeing margins remaining on the pressure in twenty nine this is a stock analysts quite bullish fourteen buys one hold seven sales last twelve months matern. It's been down twelve percent return potential years key almost sixteen percents. All right. Let's get back to our top story around the fed chairman Jay Powell, he says the US economy is in what he calls a good place. And that the financial system remains strong speaking in wash. He said banks are more secure thanks to reforms imposed after the financial crisis that been able to withstand shocks such as Brexit. He also said fed policymakers are independent and don't have to bow to political pressure precious.
"volvo cars" Discussed on Bloomberg Radio New York
"Energy minister, reckons OPEC and its allies will probably extend cubs on oil production later this year to keep prices stable the deal struck by the cartel and leading independence from moved one point two million barrels a day from the markets and has lifted crude fifteen percent this year. Opec meets again in April. Global news twenty four hours a day on an talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm going to be a house this bag. Thanks. Let's get you. Some breaking lies in the Bloomberg. It's been an important week for automakers. After now Volvo coming out with some guidance, you're twenty eighteen net revenue rose twenty one percent to one hundred and fifty three billion Swedish kronor the operating profit is up nine tenths of one percent to fourteen point two billion Swedish kronor, and then here's some color from the CEO himself. A Volvo cars Volvo cars specifically saying the twenty eight eighteen prophet has been hurt by tariffs and price competition. And also adding that they're seeing margins remaining under pressure in twenty nine teen. This is a stock that has analysts quite bullish fourteen buys one hold seven sales last twelve months return. It's been down twelve percent return. Potential years key almost sixteen percent. All right. Let's get back to our top story around the fed chairman Jay Powell, he says the US economy is in what he calls a good place. And that the financial system remains, strong speaking. Washington. He said banks are more secure thanks to reforms imposed after the financial crisis happened able to withstand shocks such as Brexit. He also said fed policymakers are independent and don't have to bow to political pressure. Precious.
"volvo cars" Discussed on News-Talk 1400 The Patriot
"The company will be investing over twelve million dollars and announced plans to build new laboratories and add machinery at their facilities in Oakland County, Michigan economic Development Corporation approved a one point six million dollar grant as part of the expansion and the company says they will add over one hundred new jobs last fall FCA announced it was selling Magneti Marelli. Japanese auto parts supplier Calsonic cans, I for just over seven billion dollars. Governor Whitmer Sasha worked to keep free. Bottled water coming to Flint residents after April. When Nestle's donations are expected to end the company stepped up and started giving free bottled water after former governor Rick Snyder ended state supplied bottled water in Flint last, April. When two years of testing showed lead levels were falling in the city's tap water. Whitmer says whether the state will pay for the water, or if you will find another donation source isn't yet known went facials are hoping to have all. Lead and galvanized service. Pipes found by the end of the year. Array for the patriot FM one zero one point five and AM fourteen hundred. I'm Jim Cesco with your money now heavy selling to begin the shortened week on Wall Street. The Dow industrials now down four hundred eighteen points. The NASDAQ has slid one forty nine the S and P five hundred lower by forty seven citing concerns about a potential fuel line crack Swedish automaker. Volvo cars is recalling. Some two hundred thousand diesel automobiles worldwide the company says the recall covers the Volvo v forty s sixty and v sixty and their cross country versions also covered are the seventy s seventy s eighty x sixty and the xc ninety built in two thousand fifteen and twenty sixteen. It says it's recalling the cars as a preventive safety measure industry watchers expect Samsung reveal numerous galaxy S ten models next month, but the South Korean manufacturer looking to launch standard light and plus versions of its flag. Japan said along with an all new foldable phone looking like quite a hefty price for the top ten model over eighteen hundred dollars. According to. Elite police on one website. That's your money now. Either is or isn't when it comes down to it. That's all that really matters. When choosing a certified pre-owned Mercedes-Benz, it's either certified by Mercedes Benz, factory trained technicians, isn't it's either backed by.
Ed Lee Bloomberg, Volvo and Tesla discussed on Bloomberg Daybreak: Europe
"Seen as a, lens into the company's outlook for growth then this cloud Google CEO Sunday pitch I told analysts. Cloud was saying an inflection point, is business accelerates for all of. The big, players you, also highlighted emerging markets is a key However, the future growth particularly around maps. Where the, company wants to boost ads in San Francisco Ed Lee Bloomberg daybreak Europe and analysts are raising new questions for the one hundred thousand time about the future of tesla after it asked suppliers to give back. Some cash Elon Musk insists the new model three will pull his money loser into the black but observers say the appeal could, be a sign that something has. Gone wrong Tesla's spent billions trying to ramp up production and it's feared second quarter. Numbers may be disappointing. Another story from the Cossacks initial feedback. Is said to value. Volvo 'cause fall below owner jellies. Top end estimates for potential listing sources say institutional investors think the maker is worth between twelve and eighteen billion dollars box were told. Volvo and jelly, put the, figure is. Highest thirty billion, dollars closely held, Lee bought Volvo cars back in two thousand ten and according to. People familiar it. Was planning to sell Hsieh's Stockholm and Hong Kong It's due to be a key test of Turkey's central Bank independence when it releases its. Latest monetary, policy decision later today Bloomberg's owner aunt. Has the preview Turkey central Bank will convenience..