Pioneer sees sound opportunity with EVs, eyes direct-OE supplies in India

Japanese digital entertainment solutions major Pioneer, which has established itself as a leading player in the in-vehicle entertainment segment in India’s aftermarket with its varied range of head units and high-performance speakers retailed from over 3,000 dealers, is now eyeing direct-OEM supplies.  The company has observed a significant transformation in India’s passenger vehicle market, which… Continue reading Pioneer sees sound opportunity with EVs, eyes direct-OE supplies in India

German FAZ: Tachograph 007563

Loud Lada, quiet LynkAmong the newly registered cars in Germany in 2023, Lada brand vehicles are the loudest, as a graphic from Statista based on data from the Federal Motor Transport Authority shows. Accordingly, the average driving noise level of all Russian brand cars registered last year is 73.6 decibels. This is followed by the… Continue reading German FAZ: Tachograph 007563

Honda Motorcycle & Scooter India hosts road safety convention in Delhi

Honda Motorcycle and Scooter India (HMSI) conducted a Road Safety Convention in Delhi, focusing on educating school principals and teachers about road safety. Over 100 participants from government schools attended, highlighting HMSI’s commitment to enhancing road safety awareness. The convention featured key figures such as Lakshay Singhal, Deputy Commissioner of South-West Delhi, and other notable… Continue reading Honda Motorcycle & Scooter India hosts road safety convention in Delhi

BYD Cruises Past Tesla to First Place in ABI Research’s Electric Vehicle Manufacturers Competitive Ranking

NEW YORK, Aug. 29, 2024 /PRNewswire/ — A new competitive assessment by global technology intelligence firm ABI Research has found that BYD is the leading Electric Vehicle (EV) Original Equipment Manufacturer (OEM), just beating Tesla for the top spot. The assessment provides an in-depth and unbiased examination of the products offered by 18 OEMs across a… Continue reading BYD Cruises Past Tesla to First Place in ABI Research’s Electric Vehicle Manufacturers Competitive Ranking

BYD Dominance Is Taking a Toll on Smaller Chinese EV Rivals

(Bloomberg) — Chinese electric car maker BYD Co.’s relentless growth is squeezing out smaller rivals, with Li Auto Inc. joining fellow upstart Xpeng Inc. in releasing disappointing earnings. In a stark highlight of their contrasting fortunes, BYD on Wednesday posted a 33% jump in second-quarter profit, while around the same time Li Auto posted a… Continue reading BYD Dominance Is Taking a Toll on Smaller Chinese EV Rivals

Hyundai’s new global growth strategy banks on software-centric shift

On August 28, Korean automaker Hyundai Motor Co unveiled its new mid- to long-term strategy – the Hyundai Way – on August 28. The overarching goal is to enhance its electric vehicle (EV) and hybrid competitiveness, advance its battery and autonomous vehicle technologies, and expand its vision as an energy mobilizer, responding to the market… Continue reading Hyundai’s new global growth strategy banks on software-centric shift

Honda Prologue SUV is cheaper to lease than a Civic with up to $14,250 off for Labor Day

You can now lease a new Honda Prologue for less than a Civic. With a new Labor Day discount for up to $14,250 in potential savings, the Honda Prologue SUV is a better lease deal than the Civic. Honda’s first electric SUV began hitting US dealerships this March. Through July, Honda has sold nearly 5,000… Continue reading Honda Prologue SUV is cheaper to lease than a Civic with up to $14,250 off for Labor Day

The Robotic Lawn Mower Market is projected to grow by USD 1.64 billion from 2024-2028, driven by rising demand in the commercial segment, Report on how AI is transforming the market landscape – Technavio

NEW YORK, Aug. 28, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global robotic lawn mower market size is estimated to grow by USD 1.63 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 19.64%  during the forecast period. Increasing demand from commercial segment is driving… Continue reading The Robotic Lawn Mower Market is projected to grow by USD 1.64 billion from 2024-2028, driven by rising demand in the commercial segment, Report on how AI is transforming the market landscape – Technavio

China Conquers Mexico’s Automotive Market, and the US Is Worried

This story originally appeared on WIRED en Español and has been translated from Spanish. China has positioned itself as the main car supplier in Mexico, with exports reaching $4.6 billion in 2023, according to data from Mexico’s Secretariat of Economy. The Chinese automaker BYD surpassed Honda and Nissan to position itself as the seventh largest… Continue reading China Conquers Mexico’s Automotive Market, and the US Is Worried

Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players

South Korean automotive brands follow up on credit ratings upgrades from earlier in 2024 with raise to ‘A-‘ by ratings agency S&P Global Diverse product lineup and balance of hybrids and fully electric models responsible for three positive ratings upgrades since February Hyundai and Kia’s electrification strategy to underpin strong projected financials  SEOUL, South Korea,… Continue reading Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players