Nissan to halt operations of US factory amid chip shortage

NEW YORK — Nissan Motor on Monday will halt operations at an assembly plant in the U.S. due to a semiconductor supply shortage stemming from rising COVID-19 cases in Malaysia, sources told Nikkei. The Japanese carmaker’s Smyrna plant in Tennessee produces the Leaf electric vehicle and Rogue SUV. Nissan plans to resume operations on Aug.… Continue reading Nissan to halt operations of US factory amid chip shortage

World NM: Car sales surge by 104pc in July001453

And three-wheeler segments the first month of the fiscal year proved a bit turbulent. Jeep 4×4 segment continued to pop up with 197pc in which Toyota Fortuner and Honda BR-V sales registered a jump of 186pc and 136pc to 418 and 607 units as compared to 146 and 257 units. Among the losers, sales of… Continue reading World NM: Car sales surge by 104pc in July001453

New-Vehicle Supply Still Low but Starting to Stabilize

National Days Supply by Vehicle Brand Chart: Cox Automotive After slumping to historic lows in July, new-vehicle inventory, based on days of supply, showed signs of stabilizing as the U.S. industry entered August, according to a Cox Automotive analysis of vAuto Available Inventory data released Aug. 11. Still, overall inventory remains far lower than normal… Continue reading New-Vehicle Supply Still Low but Starting to Stabilize

@Toyota: Toyota Debuts Mobile Collision Assistance Service

Post-Collision Guidance Feature Delivered to Toyota and Lexus Drivers Through Smartphone App PLANO, Texas (August 11, 2021)  – Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision. Collision Assistance, a just-in-time support service, is now available to drivers within the Toyota and Lexus mobile app.… Continue reading @Toyota: Toyota Debuts Mobile Collision Assistance Service

Martinrea International Inc. Reports Second-Quarter Results, Declares Dividend, and Reiterates Positive Long-Term Outlook

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the second quarter ended June 30, 2021 and declared a quarterly… Continue reading Martinrea International Inc. Reports Second-Quarter Results, Declares Dividend, and Reiterates Positive Long-Term Outlook

Miami Dolphins, Lexus Announce Multi-Year Partnership

“We are excited about our partnership with Lexus, a brand that has set the standard for luxury and first-class experiences throughout South Florida,” said Jeremy Walls, senior vice president, chief revenue officer of Miami Dolphins and Hard Rock Stadium. “Lexus is a legacy brand, and we look forward to engaging our shared fans and broadening… Continue reading Miami Dolphins, Lexus Announce Multi-Year Partnership

Global $42.93 Billion Intelligent Transportation System Market to 2028: Growing Need to Present Real-time Traffic Information to Drivers and Passengers

DUBLIN, Aug. 11, 2021 /PRNewswire/ — The “Intelligent Transportation System Market Size, Share & Trends Analysis Report by Type (ATIS, ATMS, ATPS, APTS, EMS), by Application, by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering. The global intelligent transportation system market size is expected to reach USD 42,936.1 million by 2028,… Continue reading Global $42.93 Billion Intelligent Transportation System Market to 2028: Growing Need to Present Real-time Traffic Information to Drivers and Passengers

$ 5.38 Bn growth expected in Electric Vehicle Motor Market during 2020-2024 | Technavio

NEW YORK, Aug. 11, 2021 /PRNewswire/ — The electric vehicle motor market size is expected to increase by USD 5.38 billion during 2020-2024, registering a CAGR of over 21% during the forecast period. Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. Download FREE Sample Report Now! The… Continue reading $ 5.38 Bn growth expected in Electric Vehicle Motor Market during 2020-2024 | Technavio

Automotive Actuators Market Size to Reach USD 41.09 Billion in 2027 | Increasing Demand for Luxury Cars with Advanced Systems and In-Car Comfort Features are Key Factors Fueling Industry Demand, says Emergen Research

VANCOUVER, B.C., Aug. 11, 2021 /PRNewswire/ — The global automotive actuators market size is expected to reach USD 41.09 billion in 2027, according to a current analysis by Emergen Research. Key factors such as increasing demand for fuel-efficient cars, stringent government norms regarding carbon emission control and increasing sales of passenger vehicles are driving global… Continue reading Automotive Actuators Market Size to Reach USD 41.09 Billion in 2027 | Increasing Demand for Luxury Cars with Advanced Systems and In-Car Comfort Features are Key Factors Fueling Industry Demand, says Emergen Research

Toyota Kirloskar Motor digitalises retail with virtual showroom

Toyota Kirloskar Motor (TKM) has launched a virtual showroom to further digitalise customer experience in the new normal. The virtual showroom, which is an end-to-end facilitator – www.toyotabharat.com/virtual-showroom/ – enables customers to seamlessly look through their Toyota vehicles online, and also enables direct bookings. It is already integrated with a payment gateway and will facilitate the best… Continue reading Toyota Kirloskar Motor digitalises retail with virtual showroom