Hyundai Motor Receives a Credit Rating Upgrade as ‘A-‘ from S&P Global

Hyundai Motor’s S&P Global credit rating upgraded from ‘BBB+’ to ‘A-‘, achieving an ‘A’ rating from the world’s top three credit agencies this year High worldwide evaluations reflect Hyundai Motor’s product and brand competitiveness, profitability, financial soundness and global market position SEOUL, South Korea, Aug. 21, 2024 /PRNewswire/ — Hyundai Motor Company (Hyundai Motor) announced… Continue reading Hyundai Motor Receives a Credit Rating Upgrade as ‘A-‘ from S&P Global

Kia India bolsters presence in South with 7 new dealerships in Kerala

Kia India has announced the expansion of its foothold in Kerala with the addition of 7 new dealerships. This move consolidates the company’s reach in the South Indian region, bringing the total number of touchpoints in the region to 178. The new dealerships in Kerala will increase the company’s presence in the state to 30… Continue reading Kia India bolsters presence in South with 7 new dealerships in Kerala

Autonomous Driving Software Market worth $7.0 billion in 2035 | MarketsandMarkets

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=247907500 Browse in-depth TOC on “Autonomous Driving Software Market“ 240 – Tables110 – Figures360 – Pages Autonomous Driving Software Market Scope: Report Coverage Details Market Revenue in 2024 USD 1.8 billion Estimated Value by 2030 USD 7.0 billion Growth Rate Poised to grow at a CAGR of 13.3% Market Size Available… Continue reading Autonomous Driving Software Market worth $7.0 billion in 2035 | MarketsandMarkets

Tamil Nadu CM MK Stalin lays foundation of Hyundai Motor India’s Hydrogen Innovation Centre

Thiru M. K. Stalin, the Chief Minister of Tamil Nadu, did the virtual ground breaking ceremony of Hyundai Motor India’s hydrogen innovation centre, at the Tamil Nadu Investors Conclave 2024, held at Chennai, on 21 August, 2024.  The hydrogen innovation centre is expected to be fully operational by 2026. This new facility is being developed through… Continue reading Tamil Nadu CM MK Stalin lays foundation of Hyundai Motor India’s Hydrogen Innovation Centre

Made-in-India Maruti Fronx gathers 700 plus orders in Japan

The Maruti Fronx has garnered more than 700 orders in Japan. The Fronx will go on sale in the Japanese market on October 16, 2024, Autocar Professional can confirm.  The Fronx is the only made in India Suzuki product that is sold in Japan currently, which is built at the Suzuki Gujarat plant. These cars that… Continue reading Made-in-India Maruti Fronx gathers 700 plus orders in Japan

Škoda bets on ‘Kylaq’ to conquer India’s compact SUV market

Kicking off the ambitious revival strategy for its Indian business, Škoda Auto has unveiled the name of its highly anticipated compact SUV: the Škoda Kylaq. This announcement marks a significant milestone in the Czech automaker’s ambitious India 2.5 strategy, aimed at solidifying its position in one of the world’s fastest-growing car markets. The naming of… Continue reading Škoda bets on ‘Kylaq’ to conquer India’s compact SUV market

Autocar magazine 21 August: on sale now

In this week’s issue, we take a look at the future of the Land Rover Discovery, Richard Lane celebrates the Porsche 911 Turbo’s 50th Birthday and the new manual BMW Z4 convertible is put through Brtiain’s most exhuastive road test.  News JLR plans to reinvent the ailing Discovery brand for the sixth-generation model and aims to… Continue reading Autocar magazine 21 August: on sale now

Automakers engage in myth-busting campaign surrounding EV charging safety

Various local governments across the country also have announced or were considering similar measures, including moving underground EV charging facilities to above-ground locations. Automotive companies in South Korea are pushing forward with their new electric vehicle launch schedules despite public concerns over EV safety, with key players actively campaigning to debunk unsubstantiated myths surrounding safe… Continue reading Automakers engage in myth-busting campaign surrounding EV charging safety

SQM REPORTS EARNINGS FOR THE SIX MONTHS ENDED JUNE 30, 2024

Highlights   •          SQM reported total revenues for the six months ended June 30, 2024 of US$2,378.1 million compared to total revenues of US$4,315.6 million for the same period last year.  •          Net loss for the six months ended June 30, 2024 of (US$655.9) million or (US$2.30) per share, compared to net income of  US$1,330.1… Continue reading SQM REPORTS EARNINGS FOR THE SIX MONTHS ENDED JUNE 30, 2024

Goodyear’s Assurance WeatherReady® 2 Sets New Standard for All-season Tires with Industry-leading Test Results

New Assurance WeatherReady® 2 is the pinnacle tire for all-weather driving and outperforms leading competitors in wet handling, wet braking and dry handling AKRON, Ohio, Aug. 20, 2024 /PRNewswire/ — Today, Goodyear (NASDAQ: GT) introduced the Assurance WeatherReady 2, a tire that delivers unparalleled all-weather performance backed by industry-leading test results in wet handling, wet… Continue reading Goodyear’s Assurance WeatherReady® 2 Sets New Standard for All-season Tires with Industry-leading Test Results