Volkswagen Group takes over WirelessCar from Volvo in SEK 1.1billion agreement

vw automotive cloud

The Volkswagen Group is to take over WirelessCar, a Swedish telematics specialist, from Volvo, buying a 75.1pc stake to support its connected vehicle ecosystem. WirelessCar, founded in 1999 and based in Gothenburg, has developed a series of in-car services such as billing and concierge, safety and emergency, and remote diagnostics ...

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