Motorsport Market to Grow by USD 10.54 Billion (2024-2028), Boosted by Sponsor Investments, Report Highlights How AI is Driving Market Transformation – Technavio

NEW YORK, Jan. 21, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global motorsport market size is estimated to grow by USD 10.54 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 4.36% during the forecast period. Significant investments by sponsors is driving market growth, with… Continue reading Motorsport Market to Grow by USD 10.54 Billion (2024-2028), Boosted by Sponsor Investments, Report Highlights How AI is Driving Market Transformation – Technavio

Trump’s Tariff Threat Stokes Anxiety in Canada’s Auto-Industry Hub

Since 1988, the hulking presses at Lanex Manufacturing on the edge of Windsor, Ontario, have been stamping out door strikers, folding-seat latches, tailpipe hangers, frame braces and other prosaic bits of metal that make their way into vehicles ranging from Corvettes to Honda minivans. But, these days, worries about the future permeate the plant as… Continue reading Trump’s Tariff Threat Stokes Anxiety in Canada’s Auto-Industry Hub

Global companies likely to be affected by Trump’s promised tariffs

In the first half of 2024, nearly 40,000 cars were exported to the U.S., according to the Mexican Automotive Manufacturers Association. U.S. President Trump said he could impose 25% tariffs on Canada and Mexico from Feb. 1, sending shares of several Asian automakers and battery firms lower in trading on Tuesday. Here are companies that… Continue reading Global companies likely to be affected by Trump’s promised tariffs

Asian car and battery makers hit as Trump gets to work

Japanese finance minister Katsunobu Kato on Tuesday said the country would respond “appropriately” after examining the new president’s policies. Shares of Japanese automakers and South Korean battery makers were hit on Tuesday, after U.S. President Donald Trump said he could impose tariffs on Canada and Mexico soon and revoked the previous administration’s executive order on… Continue reading Asian car and battery makers hit as Trump gets to work

Honda launches updated Livo with digital features at Rs 83,080.

Honda Motorcycle & Scooter India has introduced the 2025 version of its Livo commuter motorcycle, featuring a digital instrument cluster and OBD2B compliance. The motorcycle, available in drum and disc brake variants, is priced between Rs 83,080 and Rs 85,878 ex-showroom Delhi. The updated model includes a digital display showing real-time mileage, distance to empty,… Continue reading Honda launches updated Livo with digital features at Rs 83,080.

ASK Automotive expects to localise manufacturing of some AISIN Group products 

ASK Automotive Ltd recently entered into a joint venture with Japanese auto parts maker AISIN Group for the distribution of the latter’s products. ASK Automotive, however, is likely to localise the manufacturing of some of the AISIN products in India before the end of this decade, according to a senior company official. ASK Automotive makes… Continue reading ASK Automotive expects to localise manufacturing of some AISIN Group products 

ASK Automotive expects to localise manufacturing of some AISIN Group products 

ASK Automotive Ltd recently entered into a joint venture with Japanese auto parts maker AISIN Group for the distribution of the latter’s products. ASK Automotive, however, is likely to localise the manufacturing of some of the AISIN products in India before the end of this decade, according to a senior company official. ASK Automotive makes… Continue reading ASK Automotive expects to localise manufacturing of some AISIN Group products 

An electric Honda Civic Type R? We’re trying says brand’s EV boss… but it’s not easy

Honda is exploring how to take its Type R brand into the EV arena, with the much-loved performance badge yet to translate to electric powertrains.  Speaking at the unveiling of the first two so-called 0 Series EV prototypes at CES in Las Vegas this month, Toshihiro Akiwa, head of the Japanese firm’s BEV Development Centre,… Continue reading An electric Honda Civic Type R? We’re trying says brand’s EV boss… but it’s not easy

Will fake gearshifts in hybrids and EVs win over enthusiasts?

News that the upcoming Honda Prelude will have fake gearshifts has caused some consternation among enthusiasts in the various bits of the internet where we’re currently scattered. Quite a lot of sceptics, not much wild enthusiasm. In their earlier incarnations, Preludes were among the best affordable driver’s coupés on the market, with high-revving VTEC engines mated… Continue reading Will fake gearshifts in hybrids and EVs win over enthusiasts?