An INR 50 crore and growing biz of Mercedes-Benz India, and it’s not from cars

Updated On Sep 30, 2024 at 11:37 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals During the last 3-4 years the German company’s Indian arm has also witnessed a 50% rise in the average selling price of the car, which has gone up from INR 60 lakh to INR 90 lakh… Continue reading An INR 50 crore and growing biz of Mercedes-Benz India, and it’s not from cars

Is BorgWarner Inc. (BWA) the Best Small Cap EV Stock to Invest In?

We recently published a list of the 11 Small Cap EV Stocks to Invest In. In this article, we are going to take a look at where BorgWarner Inc. (NYSE:BWA) stands against the other small-cap EV stocks to invest in. The electric vehicle (EV) industry was growing at a strong pace over the last few… Continue reading Is BorgWarner Inc. (BWA) the Best Small Cap EV Stock to Invest In?

German FAZ: Volkswagen Group cuts forecast again007784

The ailing Volkswagen Group is coming under increasing pressure. CEO Oliver Blume has to cut his profit prospects again because the company won’t sell as many cars this year as once hoped. According to the information, things are going worse than expected, especially for the already very strained core brand VW Passenger Cars, but VWN’s… Continue reading German FAZ: Volkswagen Group cuts forecast again007784

German Manager Magazine: Audi, BMW, Mercedes and Porsche: Why car manufacturers in China are coming under pressure003598

The current hit parade of the best-selling premium electric models in China leaves for Audi, BMW, Mercedes and Porsche don’t foresee anything good. In the first six months of 2024, the stars in the world’s largest car market were: Tesla, Zeekr, Xiaomi and Nio. For decades, China was the country of smiles for the German… Continue reading German Manager Magazine: Audi, BMW, Mercedes and Porsche: Why car manufacturers in China are coming under pressure003598

Electric Vehicle Remote Diagnostics Market to Grow by USD 4.10 Billion (2024-2028), AI-Driven Report Highlights Impact of Falling Battery Prices on EV Demand – Technavio

NEW YORK, Sept. 27, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global Electric Vehicle Remote Diagnostics Market size is estimated to grow by USD 4.10 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  39.04%  during the forecast period. Reducing battery pack… Continue reading Electric Vehicle Remote Diagnostics Market to Grow by USD 4.10 Billion (2024-2028), AI-Driven Report Highlights Impact of Falling Battery Prices on EV Demand – Technavio

Hyundai Mobis Becomes the ‘First Asian Company’ to Receive Cybersecurity Certification from European Automotive Association

Proactively responding to the strengthening trend of vehicle security, securing certification in Europe that leads global standards Established dedicated cybersecurity organization and system, continuously strengthening vehicle security management capabilities for the ‘smartphone on wheels’ SEOUL, South Korea, Sept. 26, 2024 /PRNewswire/ — Hyundai Mobis (KRX: 012330), Hyundai Mobis has become the first Asian automotive supplier to… Continue reading Hyundai Mobis Becomes the ‘First Asian Company’ to Receive Cybersecurity Certification from European Automotive Association

Car Leasing Market to Grow by USD 55.3 Billion from 2024-2028, Driven by Rising Technological Obsolescence of Older Cars, AI Powered Market Evolution- Technavio

NEW YORK, Sept. 26, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global car leasing market size is estimated to grow by USD 55.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  9.24%  during the forecast period. Rising technological obsolescence of older cars is… Continue reading Car Leasing Market to Grow by USD 55.3 Billion from 2024-2028, Driven by Rising Technological Obsolescence of Older Cars, AI Powered Market Evolution- Technavio

How hackers could have remotely controlled millions of cars

Sjoerd van der Wal/Getty Images Car owners, are you sitting down? Cybersecurity researchers recently reported a flaw in a website — operated by automaker Kia — that enabled them to remotely control key functions of millions of cars. The full report, published on the personal blog of Sam Curry — one of the researchers — offers a… Continue reading How hackers could have remotely controlled millions of cars