In-Car Wi-Fi Market to grow by USD 1.79 Trillion from 2025-2029, wide range of data plans for in-car Wi-Fi to suit individual needs boost the market, Report with the AI impact on market trends – Technavio

NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global in-car wi-fi market size is estimated to grow by USD 1.79 trillion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  96.4%  during the forecast period. Wide range of data plans for… Continue reading In-Car Wi-Fi Market to grow by USD 1.79 Trillion from 2025-2029, wide range of data plans for in-car Wi-Fi to suit individual needs boost the market, Report with the AI impact on market trends – Technavio

German FAZ: Daimler Truck wants to save one billion euros

The truck manufacturer Daimler Truck has specified its savings plans for Europe. The program called “Cost Down Europe” has a volume of around one billion euros, such as corporate circles of the F.A.Z. confirmed. The Baden-Württemberg company did not want to comment on the sum or the content of the plans. “We now want to… Continue reading German FAZ: Daimler Truck wants to save one billion euros

German FAZ: Where the dividends are now flowering 008642

If there were an official ceremony in which companies with the highest dividends are chosen annually, this year there is a new winner and a loser. Mercedes would have to hand over the trophy that the car manufacturer has now held for several years. The Insurance Group Alliance, which becomes the leader in the German… Continue reading German FAZ: Where the dividends are now flowering 008642

German FAZ: Where the dividends are now flowering 008643

If there were an official ceremony in which companies with the highest dividends are chosen annually, this year there is a new winner and a loser. Mercedes would have to hand over the trophy that the car manufacturer has now held for several years. The Insurance Group Alliance, which becomes the leader in the German… Continue reading German FAZ: Where the dividends are now flowering 008643

Pricol’s nine-month profits rise 33% to Rs 1,320 million in FY25

Coimbatore-based automotive technology company Pricol Limited announced its financial results for the third quarter and nine months of FY2024-25 on January 30, 2025. The company reported consolidated profit after tax of Rs 1,320.82 million for the nine-month period, representing a 33.27% increase compared to the same period in the previous year. For Q3 FY25, Pricol’s… Continue reading Pricol’s nine-month profits rise 33% to Rs 1,320 million in FY25

Magna opens vehicle parts manufacturing facility in Maharashtra

Global automotive supplier Magna has opened a manufacturing facility in Chakan, Maharashtra, to produce latches and mirrors for carmakers in western India. The 65,000 sq. ft. plant is expected to create over 300 jobs in the next three years. Jeff Hunt, President of Magna MML (Mechatronics, Mirrors, and Lighting), inaugurated the facility on Wednesday through… Continue reading Magna opens vehicle parts manufacturing facility in Maharashtra

Group 1 Automotive Reports 2024 Fourth Quarter Financial Results and Record Full Year Revenues of $19.9 billion

Current quarter diluted earnings per common share from continuing operations of $7.08 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $10.02 Full year all-time record retail new and used vehicle units sold of 413,364, a 13.8% increase over the comparable prior year period Gross profit of $879.2… Continue reading Group 1 Automotive Reports 2024 Fourth Quarter Financial Results and Record Full Year Revenues of $19.9 billion

Union Budget 2025: Auto Inc’s top 3 wishes for growth and reform

As the country prepares for FM’s Budget speech on Feb 1, auto industry experts are closely watching for potential relief measures for this sector, which contributes more than 7% to India’s overall GDP. New Delhi: India is the world’s third-largest automobile market, and the sector has witnessed significant positive changes over the years. However, there… Continue reading Union Budget 2025: Auto Inc’s top 3 wishes for growth and reform

Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access

In May 2023, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network.  In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker… Continue reading Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access

Vehicle Leasing Market In Europe size is set to grow by USD 10.1 billion from 2025-2029, cost-effective ways of obtaining vehicle boost the market- Technavio

NEW YORK, Jan. 28, 2025 /PRNewswire/ — The global vehicle leasing market in europe size is estimated to grow by USD 10.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 3.7% during the forecast period. cost-effective ways of obtaining vehicle is driving market growth, with a trend towards… Continue reading Vehicle Leasing Market In Europe size is set to grow by USD 10.1 billion from 2025-2029, cost-effective ways of obtaining vehicle boost the market- Technavio