Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Volvo to buy some assets of premium valet service Luxe in attempt to boost development of its digital services
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit

Volvo to buy some assets of premium valet service Luxe in attempt to boost development of its digital services

Reuters • September 9, 2017, 15:59:31 IST
Whatsapp Facebook Twitter

San Francisco-based Luxe provides valet parking through an app. The deal is also expected to accelerate Volvo’s ability to offer services such as pick-up and drop, the automaker said.

Advertisement
Subscribe Join Us
Choose
Firstpost on Google
Choose
Firstpost on Google
Volvo to buy some assets of premium valet service Luxe in attempt to boost development of its digital services

Geely-owned Volvo Car Group said on Friday it would buy some assets of Luxe, a US-based premium valet, and concierge service, to boost the development of its digital services.

[caption id=“attachment_4026039” align=“alignleft” width=“380”]Representational image. Reuters. Representational image. Reuters.[/caption]

Luxe’s advanced software, technology platform, key data scientists, app developers and software engineers will join Volvo in the Silicon Valley, the automaker said.

San Francisco-based Luxe provides valet parking through an app. The deal is also expected to accelerate Volvo’s ability to offer services such as pick-up and drop, the automaker said.

STORY CONTINUES BELOW THIS AD

Financial details of the transaction were not disclosed. **Car-ride provider** Uber Technologies Inc was said to be in advanced talks with Luxe to buy some of its assets, according to media reports in June.

Uber did not immediately respond to a request for comment.

As per previous **reports** , Swedish luxury car maker Volvo Cars had announced plans to start vehicle assembly operations in India this year. The assembly operations will be located near Bengaluru and focus on models based on Volvo’s SPA modular vehicle architecture, Volvo Cars said in a statement.The company will make use of Volvo Group India’s existing infrastructure and production licences near Bengaluru, it said without disclosing further contract and financial details.

It will work together with Volvo Group India, the truck, bus, construction equipment and Penta engines manufacturer, to set up its assembly operations in India, the company added.

Tags
Silicon Valley Volvo Cars Volvo digital services Uber Technologies Volvo Group India Luxe US based valet service Penta engines
  • Home
  • Tech
  • News & Analysis
  • Volvo to buy some assets of premium valet service Luxe in attempt to boost development of its digital services
End of Article
Latest News
Find us on YouTube
Subscribe
  • Home
  • Tech
  • News & Analysis
  • Volvo to buy some assets of premium valet service Luxe in attempt to boost development of its digital services
End of Article

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Enjoying the news?

Get the latest stories delivered straight to your inbox.

Subscribe
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV