Outboard Motor Market size is set to grow by USD 1.25 bn from 2024-2028, rise in world boat championship programs to boost the market growth, Technavio

NEW YORK, May 17, 2024 /PRNewswire/ — The global outboard motor market  size is estimated to grow by USD 1.25 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.46%  during the forecast period.  For more insights on the forecast market size and historic data (2018 – 2022) – Download Free sample… Continue reading Outboard Motor Market size is set to grow by USD 1.25 bn from 2024-2028, rise in world boat championship programs to boost the market growth, Technavio

New Vehicle Prices Rise Agan, While Affordability Dips

Month over month price changes pulled up for most automakers, while declines still dominate year over year comparisons. Graphic: Cox Automotive A downward slide in new-vehicle prices through the first quarter of 2024 reversed course in April, with average transaction prices (ATPs) increasing by 2.2% to $48,510, the highest prices since December 2023, according to… Continue reading New Vehicle Prices Rise Agan, While Affordability Dips

Volvo Group and Daimler Truck to develop software-defined vehicle platform

In an effort to lead the digital transformation to software-defined heavy-duty commercial vehicles, the Volvo Group and Daimler Truck have reached a preliminary agreement to establish a joint venture to develop a common software-defined vehicle platform and dedicated truck operating system, providing the basis for future software-defined commercial vehicles. The intention is to make the… Continue reading Volvo Group and Daimler Truck to develop software-defined vehicle platform

Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation

Volvo Group and Daimler Truck share the ambition to lead transformation to software-defined heavy-duty commercial vehicles to enhance customer efficiency and experience. Both companies intend to create a joint venture to become the leading developer of a software-defined heavy-duty vehicle platform, including software and hardware, providing the basis for differentiating digital vehicle features. The new… Continue reading Volvo Group and Daimler Truck intend to form a joint venture for a software-defined vehicle platform to amplify digital transformation

From Shenzhen to Bremen, automotive cooperation takes new steps forward

A sedan from Chinese carmaker BYD stands in front of car freighter BYD Explorer No 1 that came to Bremen, Germany, from Shenzhen, Guangdong province, in February. [Photo/Agencies] SHENZHEN — A ro-ro ship under the name BYD Explorer No 1, the first of the new energy vehicle giant’s “shipping fleet” — with another seven transport… Continue reading From Shenzhen to Bremen, automotive cooperation takes new steps forward

VE Commercial Vehicles announces joint venture with iTriangle Infotech

VE Commercial Vehicles Ltd (VECV), a Joint Venture between Volvo Group and Eicher Motors has established of Joint Venture with iTriangle Infotech, a leading telematics solutions provider, to develop and deliver fleet management solutions for truck and bus customers operating in various applications. Definitive agreements to form the joint venture, which will  focus on the… Continue reading VE Commercial Vehicles announces joint venture with iTriangle Infotech

Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC.  Win Mcnamee | Getty Images DETROIT — President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the… Continue reading Biden’s EV tariffs may not be enough to stave off the threat of Chinese vehicles in the U.S.

Autocar magazine 15 May: on sale now

This week in Autocar, we scoop Aston Martin’s upcoming rival to the Land Rover Defender, drive the greatest Mercedes G-Class there has ever been, and deliver our verdict on the new Aston Martin Vantage. News Aston Martin is targeting the Land Rover Defender and Mercedes G-Class with a luxurious new super 4×4 – we’ve got… Continue reading Autocar magazine 15 May: on sale now