German FAZ: There is little sign of the car crisis 007926

There is also good news from the automotive world. While European automakers like Volkswagen and Stellantis are deep in crisis, the world’s third-largest carmaker, Hyundai Motor, began listing its India business on Monday. The South Korean company wants to raise around three billion dollars by issuing shares. That would value the business at $17 billion,… Continue reading German FAZ: There is little sign of the car crisis 007926

German FAZ: There is little sign of the car crisis 007925

There is also good news from the automotive world. While European automakers like Volkswagen and Stellantis are deep in crisis, the world’s third-largest carmaker, Hyundai Motor, began listing its India business on Monday. The South Korean company wants to raise around three billion dollars by issuing shares. That would value the business at $17 billion,… Continue reading German FAZ: There is little sign of the car crisis 007925

Die Economic Cities and Special Zones Authority gibt auf dem Global Logistics Forum wichtige Ankündigungen im Bereich Transport und Logistik bekannt

Neue Berechtigungszertifikate für Tharawat Alqata Industries Company und Automotive Solution Company für Logistikdienstleistungen (MASARAT Mobility Park) zum Betrieb in der KAEC-Sonderwirtschaftszone zeigen das Wachstum in den Automobil- und Logistikclustern. Abschluss einer wichtigen Vereinbarung mit Saudi Post (SPL), die die Logistikdienstleistungen in Sonderwirtschaftszonen verbessern und Vorteile für investierende Unternehmen schaffen wird. RIYADH, Saudi-Arabien, 15. Oktober 2024… Continue reading Die Economic Cities and Special Zones Authority gibt auf dem Global Logistics Forum wichtige Ankündigungen im Bereich Transport und Logistik bekannt

L’Autorité des villes économiques et des zones spéciales fait des annonces majeures en matière de transport et de logistique lors du Forum mondial de la logistique

Les nouveaux certificats d’éligibilité pour Tharawat Alqata Industries Company et Automotive Solution Company for Logistic Services (MASARAT Mobility Park) pour opérer dans la zone économique spéciale KAEC démontrent la croissance des pôles automobile et logistique. Un accord majeur a été conclu avec Saudi Post (SPL), qui améliorera les services logistiques dans les zones économiques spéciales… Continue reading L’Autorité des villes économiques et des zones spéciales fait des annonces majeures en matière de transport et de logistique lors du Forum mondial de la logistique

Apple may be adding digital car key support for specific Volvo, Polestar and Audi vehicles

Apple is reportedly going to add digital car key support in the Wallet app for some Volvo, Polestar and Audi vehicles. Currently, Apple’s digital car key support list includes vehicles from Kia, BMW, Lotus and several other manufacturers. The digital car key function allows iPhone and Apple Watch owners to access, lock or start vehicles… Continue reading Apple may be adding digital car key support for specific Volvo, Polestar and Audi vehicles

Skywell Q is UK-bound electric hatchback with 300-mile range

Chinese brand Skywell has revealed a new electric hatchback bringing a range of more than 300 miles and a high-tech interior. Named the Q and due in the UK late next year, it’s said to be the EV company’s first car developed specifically for the European market. At 4.30m long and 1.8m wide, it’s positioned as a… Continue reading Skywell Q is UK-bound electric hatchback with 300-mile range

Slovak government and South Korea’s Hyundai Mobis sign a deal to build an electric car parts plant

BRATISLAVA, Slovakia (AP) — The Slovak government and Hyundai Mobis on Tuesday signed a memorandum of understanding on the South Korean company’s plan to build a plant for engines and other parts for electric cars in Slovakia. Prime Minister Robert Fico said Hyundai Mobis will invest over 170 million euros ($185 million) in the plant,… Continue reading Slovak government and South Korea’s Hyundai Mobis sign a deal to build an electric car parts plant

Freudenberg Group commissions two new plants in Punjab for Rs 385 crore 

German Tier 1 major Freudenberg Group, has commissioned two new plants in Punjab’s Morinda, for around Rs 385 crore (over Euro 42 million). These will primarily cater to demand from the domestic market, while eyeing international supplies. Freudenberg Group is a manufacturer of automotive seals under its business entity Freudenberg-NOK India and noise and vibration control (NVH) components… Continue reading Freudenberg Group commissions two new plants in Punjab for Rs 385 crore 

Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…

Hyundai Motor India’s $3.3 billion IPO was 18% subscribed on the first day of bidding on Tuesday, led by employees who placed orders for four-fifths of the shares reserved for them in the country’s largest share sale yet. The three-day share sale, the first by an automaker in India in two decades, ends on Thursday.… Continue reading Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…

Kia India partners with Airtel to improve connectivity with Kia Connect 2.0

Kia India has partnered with Airtel Business, the B2B division of Bharti Airtel, to enhance the Kia Connect 2.0 platform. This platform focuses on five main areas: Vehicle Management, AI Voice Command, Convenience, Remote Control, and Safety and Security, and Navigation. Through Airtel’s extensive communication network, all connected car variants of Kia will receive reliable… Continue reading Kia India partners with Airtel to improve connectivity with Kia Connect 2.0