It’s the third week of May 2024 and both India Passenger Vehicle Inc and Two-Wheeler Inc are firing on all cylinders when it comes to new vehicle sales. FY2024 was a record-breaker for passenger vehicle sales on two counts – best-ever fiscal numbers of 4.21 million units and the highest utility vehicle wholesales of 2.52… Continue reading Car and two-wheeler OEMs recall 5.67 million vehicles in India since 2012
Tag: Hyundai
Car and two-wheeler OEMs recall 5.67 million vehicles in India since 2012
It’s the third week of May 2024 and both India Passenger Vehicle Inc and Two-Wheeler Inc are firing on all cylinders when it comes to new vehicle sales. FY2024 was a record-breaker for passenger vehicle sales on two counts – best-ever fiscal numbers of 4.21 million units and the highest utility vehicle wholesales of 2.52… Continue reading Car and two-wheeler OEMs recall 5.67 million vehicles in India since 2012
UAW Loses Unionization Vote at Mercedes Factories in Alabama
Workers at two Mercedes-Benz factories near Tuscaloosa, Ala., voted on Friday against joining the United Automobile Workers, a stunning blow to the union’s campaign to gain ground in the South, where it has traditionally been weak. The defeat came after Kay Ivey, Alabama’s governor, and other Republican leaders argued that a pro-union vote would choke… Continue reading UAW Loses Unionization Vote at Mercedes Factories in Alabama
GM to Retire the Chevy Malibu to Make More EVs
General Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was introduced in the 1960s when the company was a dominant force in the U.S. economy. For years, American drivers have been gravitating toward sport utility vehicles and… Continue reading GM to Retire the Chevy Malibu to Make More EVs
Mercedes-Benz workers in Alabama vote against UAW union membership
United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The… Continue reading Mercedes-Benz workers in Alabama vote against UAW union membership
New Vehicle Prices Rise Agan, While Affordability Dips
Month over month price changes pulled up for most automakers, while declines still dominate year over year comparisons. Graphic: Cox Automotive A downward slide in new-vehicle prices through the first quarter of 2024 reversed course in April, with average transaction prices (ATPs) increasing by 2.2% to $48,510, the highest prices since December 2023, according to… Continue reading New Vehicle Prices Rise Agan, While Affordability Dips
Hospitality Robots Market size is set to grow by USD 471.77 mn from 2024-2028, increasing penetration of AI in robots to boost the market growth, Technavio
NEW YORK, May 17, 2024 /PRNewswire/ — The global hospitality robots market size is estimated to grow by USD 471.77 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 14.19% during the forecast period. For more insights on the forecast market size and historic data (2018 – 2022) – Download Free… Continue reading Hospitality Robots Market size is set to grow by USD 471.77 mn from 2024-2028, increasing penetration of AI in robots to boost the market growth, Technavio
U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
More than 5,000 Mercedes-Benz workers in Alabama are voting this week on whether to join the United Automobile Workers union, a decision both supporters and opponents say will have consequences far beyond two factories near Tuscaloosa where the German carmaker churns out luxury sport utility vehicles and batteries for electric cars. Conservative political leaders have… Continue reading U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
Tesla keeps cutting jobs and the feds probe Waymo
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation, including tariffs on Chinese… Continue reading Tesla keeps cutting jobs and the feds probe Waymo
Aptiv and Hyundai Complete Motional Ownership Restructuring
DUBLIN, May 16, 2024–(BUSINESS WIRE)–Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, and Hyundai Motor Group (“Hyundai”) have completed the previously announced ownership restructuring transactions of Motional AD LLC (“Motional”). As part of the ownership restructuring, Aptiv sold an 11% common equity interest in Motional to… Continue reading Aptiv and Hyundai Complete Motional Ownership Restructuring