Category: Automotive
Volkswagen to Invest Billions in Rivian Automotive, Signs Joint Venture Deal
Volkswagen has recently announced a significant investment in Rivian Automotive, an electric-vehicle startup based in Irvine that has been facing financial challenges. The German automaker […]
Indonesia’s Automotive Industry: A Growing and Strategic Sector
The automotive sector in Indonesia has witnessed substantial growth and has become an integral component of the nation’s economy. Despite the hurdles posed by the […]
Tesla Announces Recall of Over 11,000 Cybertrucks Due to Trunk Bed and Windshield Wiper Issues
Tesla Inc. has recently announced the recall of over 11,000 of its 2024 Cybertrucks due to defects in the front windshield wiper and the trunk […]
Cyberattack on Software Company Causes Disruptions for Car Dealers
Numerous prominent car dealership corporations in the United States have reported disruptions as a result of a ransomware attack on CDK Global, a widely utilized […]
Great Wall Motor and Huawei Collaboration Boosts Market Confidence
The stock of Great Wall Motor (2333.HK) has experienced a notable 4.3% surge to HK$12.50, marking its highest point since June 19. If the current […]
The Future of Automotive Technology: Bosch’s New Partnerships with Microsoft GenAI and Qualcomm HPC
Bosch, a prominent leader in automotive technology, has been making significant strides in the industry through its recent partnerships with Microsoft GenAI and Qualcomm HPC. […]
Mixed Signals in the Auto Market: A Weekly Overview
The latest Auto Market Weekly Summary by Cox Automotive Inc. presents a comprehensive overview of the various trends and indicators within the market, offering valuable […]
LG Innotek Aims for 2 Trillion Won in Automotive Sensor Sales by 2030
LG Innotek, a prominent technology company, has announced its ambitious goal of achieving 2 trillion won in automotive sensor sales by the year 2030. The […]
The automotive industry is set to witness a surge in the demand for microcontrollers, with industry analysts predicting an expansion to reach a whopping $21.21 billion by 2029. This growth will be driven by technological advancements and the booming electric vehicle market. The compounded annual growth rate (CAGR) is estimated to be 8.2%, reflecting the dynamic nature of the industry.
The impact of COVID-19 lockdowns has had a substantial effect on market leaders, followers, and disruptors across various regions and segments. Insights from the report […]
Top Updates from the Auto World: A Recap of Key Stories from Last Week
This past week saw significant developments within the automotive industry, both in India and on a global scale. From the upcoming launch of the inaugural […]