2023 Automotive Hall of Fame honours six industry champions

The Automotive Hall of Fame, the premier institution for honoring and celebrating individuals and their impact in the global automotive industry, hosted its 2023 Induction & Awards Ceremony on July 20, 2023, in Detroit, where 11 individuals were recognised for their contribution. “Each year we are astounded by the contributions being made to today’s automotive… Continue reading 2023 Automotive Hall of Fame honours six industry champions

Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating… Continue reading Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive

SEOUL, South Korea, July 21, 2023 /PRNewswire/ — Samsung Electro-Mechanics will target the automotive power inductor market by beginning mass production of power inductors, an essential core component of electric and autonomous vehicles. A car requires more than 100 power inductors, more than twice as many as a smartphone. The number of power inductor installations is… Continue reading Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive

Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating… Continue reading Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive

SEOUL, South Korea, July 21, 2023 /PRNewswire/ — Samsung Electro-Mechanics will target the automotive power inductor market by beginning mass production of power inductors, an essential core component of electric and autonomous vehicles. A car requires more than 100 power inductors, more than twice as many as a smartphone. The number of power inductor installations is… Continue reading Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive

Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating… Continue reading Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive

SEOUL, South Korea, July 21, 2023 /PRNewswire/ — Samsung Electro-Mechanics will target the automotive power inductor market by beginning mass production of power inductors, an essential core component of electric and autonomous vehicles. A car requires more than 100 power inductors, more than twice as many as a smartphone. The number of power inductor installations is… Continue reading Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive

How BMW uses A.I. to make vehicle assembly more efficient

Artificial intelligence is making a big effect on the auto industry. Revenue from sales of autonomous vehicles is anticipated to top $70 billion by 2033, according to Future Market Insights. But self-driving cars powered by AI are not the only change — AI technology is already being infused into vehicle production.  related investing news As… Continue reading How BMW uses A.I. to make vehicle assembly more efficient

The Dawn Project demonstrates that Tesla’s driver monitoring system is ineffective and unfit for purpose

SANTA BARBARA, Calif., July 21, 2023 /PRNewswire/ — The Dawn Project has recently uncovered that Tesla’s driver monitoring safety system, which is supposed to check that the driver is paying attention to the road ahead, is defective. The system also fails to detect when the driver has both hands off the steering wheel when the vehicle… Continue reading The Dawn Project demonstrates that Tesla’s driver monitoring system is ineffective and unfit for purpose

Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating… Continue reading Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™