Honda and Sony have officially launched their inaugural collaboration, specifically to compete against new tech giants entering the automotive sector. The Afeela 1 sedan, however, is targeted towards an affluent market. The automotive industry now faces no barriers. Traditional manufacturers are no longer the sole producers of vehicles as majorContinue Reading
Mercedes is set to lay off tens of thousands of employees as part of a restructuring to respond to market conditions. Following Volkswagen’s announcement of over 30,000 job cuts, the German automotive sector is facing challenges that have also affected other leading manufacturers. Reports indicate that Mercedes is considering layingContinue Reading
Another powerful V8 could soon be leaving the automotive scene. Audi is working on a new RS7, but when it arrives, it may have two fewer cylinders under the hood. According to Car magazine, the V6 is set to take the place of the existing 4.0-litre twin-turbo V8 engine. DespiteContinue Reading
AUTOJOSH American EV Startup Canoo Officially Bankrupt News Published 1 day ago on January 21, 2025 It’s over and out for Canoo for now. The American manufacturer of electric vans has not made it. It’s not easy to keep your head above water as a new player in the automotiveContinue Reading
Brazil Automotive Market Size Was Valued at USD 11.56 Billion in 2023 and is Projected to Reach USD 20.12 Billion by 2032, Growing at a CAGR of 6.35 % From 2023-2032. Market Overview The Automotive industry in Brazil is among the most vibrant and impactful sectors in Latin America. Being the biggestContinue Reading
Agora Data, a leading fintech company specializing in delivering technology, capital, and analytics for the subprime automotive sector, is pleased to welcome Jeremy Beck as Vice President of Sales Strategy. A proven automotive executive, Jeremy boasts a strong track record in strategic planning, process optimization, and enhancing dealer growth. HisContinue Reading
Ineos Automotive announced that production of the Grenadier rugged SUV and Grenadier Quartermaster pickup truck has resumed at its vehicle plant in Hambach, France. Production was paused last September after the seat supplier for the Grenadier, Recaro Automotive, ceased production due to insolvency. Italian seat manufacturer Proma Group stepped inContinue Reading
Tires Market Size is Valued at USD 111.39 Billion in 2023, and is Projected to Reach USD 145.34 Billion by 2032, Growing at a CAGR of 3% From 2024-2032. Market Overview The tires market is a vital sector of the automotive industry that includes the manufacture and distribution of tires for aContinue Reading
If you’re an automotive enthusiast, repairing and maintaining your car can be a cheaper and more effective form of therapy. While getting underneath it and tinkering with various components is good for the mind and soul, it’s definitely not good for your back. Since you constantly need to move aroundContinue Reading
Automotive Integrated Transmission Market Overview and Insights: According to IMR Market Reports, Automotive Integrated Transmission Market is expected to grow at a significant growth rate, and the analysis period is 2024-2032, considering the base year as 2023. Automotive Integrated Transmission Market research is an ongoing process. Regularly monitor and evaluate market dynamics to stayContinue Reading
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