Traction Control System Market size is set to grow by USD 12.3 billion from 2024-2028, Robust demand for autonomous vehicles boost the market, Technavio

NEW YORK, July 12, 2024 /PRNewswire/ — The global traction control system market size is estimated to grow by USD 12.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.74%  during the forecast period. Robust demand for autonomous vehicles is driving market growth, with a trend towards increasing adoption of advanced driver… Continue reading Traction Control System Market size is set to grow by USD 12.3 billion from 2024-2028, Robust demand for autonomous vehicles boost the market, Technavio

No special worker share allocation for Indian employees in Hyundai IPO: Report

Hyundai Motor will not give special allocation of shares to Indian employees in its upcoming listing, in spite of employee demands, Reuters reported citing persons in the know.  Many workers demanded a share allocation in the USD 3 billion IPO at its Sriperumbudur plant this week, the newswire observed in video footage and photos.  One… Continue reading No special worker share allocation for Indian employees in Hyundai IPO: Report

Mercury Insurance Names the Most Affordable New Sedans to Insure

Two Hyundai products top this year’s list LOS ANGELES, July 12, 2024 /PRNewswire/ — Specific sedan models are once again some of the most affordable vehicles to purchase and own, according to Mercury Insurance (NYSE: MCY), a leading auto insurer in California. Announced today, Mercury has compiled a list of the most affordable new sedans to insure. This… Continue reading Mercury Insurance Names the Most Affordable New Sedans to Insure

Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth

After hitting a heady 4.10 million units in calendar year 2023 (up 8.1%) and 4.21 million units in FY2024 (up 8.44%), mainly thanks to the surging demand for SUVs and MPVs, demand is slowing down for the overall passenger vehicle segment, which comprises cars, SUVs and vans, in CY2024. As per the latest wholesales data… Continue reading Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth

Hyundai to introduce Alcazar facelift this September 

Hyundai will introduce the Alcazar facelift in India this September, Autocar India can confirm. The Alcazar facelift will be Hyundai’s next big launch for India before the Creta EV arrives early next year. Multiple test mule sightings of the Alcazar facelift have hinted at it getting unique styling tweaks that will separate it from the Creta. While… Continue reading Hyundai to introduce Alcazar facelift this September 

Kia launches ‘Exchange Your Car’ online evaluation service

Kia India has launched the ‘Exchange Your Car’ service under its CPO domain, making car exchanges easier for its customers. The online self-evaluation module enables customers to know the suggestive price of their existing car, empowering them to make an informed decision while exchanging their vehicle. To avail of this service, customers can click on… Continue reading Kia launches ‘Exchange Your Car’ online evaluation service

Dacia Spring

The Spring is built, as is helpful for budget EVs, in China, on a platform originally created for India’s combustion-engined Renault Kwid. The Spring has been on sale in left-hand-drive markets since 2021, but a mid- life facelift has given Dacia the opportunity to make it in right-hand-drive form too after calculating that the profitability… Continue reading Dacia Spring

UP’s sops for hybrid vehicles irk EV companies, add to industry’s June sob story

Sales of electric cars in June plunged 13.5% from the year earlier, having suffered a marginal drop in May, triggering fears that the Indian market may be following global trends. New Delhi: The Uttar Pradesh government’s recent decision to provide incentives for hybrid vehicles has irked electric vehicle (EV) manufacturers, especially as it comes hard… Continue reading UP’s sops for hybrid vehicles irk EV companies, add to industry’s June sob story

GENESIS MAGMA MAKES GLOBAL DYNAMIC DEBUT AT GOODWOOD FESTIVAL OF SPEED, TAKING ONE STEP CLOSER TO PRODUCTION

Magma vehicles to be shown in action for first time following high-performance program’s official launch in March GV60 Magma Concept, G80 EV Magma Concept, G70 Track Taxi Nordschleife and GV80 Coupe Concept to take on hillclimb Dynamic debut of GV60 Magma Concept led by Genesis Brand Partner and six-time Le Mans winner Jacky Ickx Production… Continue reading GENESIS MAGMA MAKES GLOBAL DYNAMIC DEBUT AT GOODWOOD FESTIVAL OF SPEED, TAKING ONE STEP CLOSER TO PRODUCTION

Hyundai and Hyundai Hope On Wheels Donate $200,000 to Children’s Hospital of Orange County

Hyundai Hope Donates $100,000 to support pediatric health in Orange County Hyundai Hope On Wheels presents its first 2024 grant of $100,000 for pediatric cancer research FOUNTAIN VALLEY, Calif., July 11, 2024 /PRNewswire/ — Hyundai Hope, the corporate social responsibility initiative of Hyundai Motor America, and Hyundai Hope On Wheels, a 501(c)(3) nonprofit organization supported… Continue reading Hyundai and Hyundai Hope On Wheels Donate $200,000 to Children’s Hospital of Orange County