NEW YORK, May 3, 2024 /PRNewswire/ — The global commercial vehicle propeller shaft market size is estimated to grow by USD 3.74 billion from 2023 to 2027, according to Technavio. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 4.64% during the forecast period. To understand more about this market – Download a… Continue reading Commercial Vehicle Propeller Shaft Market size to record USD 3.74 billion growth from 2023-2027, Robust growth in industrial, construction, and mining activities is one of the key market trends, Technavio
Tag: Hyundai
UPDATE 1-Magna lags profit estimates, cuts annual sales forecast on supply chain snags
(Adds details from conference call, shares) By Nathan Gomes May 3 (Reuters) – Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade. Auto parts… Continue reading UPDATE 1-Magna lags profit estimates, cuts annual sales forecast on supply chain snags
Magna lags profit estimates, cuts annual sales forecast on supply chain snags
By Nathan Gomes (Reuters) -Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade. Auto parts suppliers have been struggling with lower-than-expected demand for their… Continue reading Magna lags profit estimates, cuts annual sales forecast on supply chain snags
Aptiv PLC (NYSE:APTV) Q1 2024 Earnings Call Transcript
Aptiv PLC (NYSE:APTV) Q1 2024 Earnings Call Transcript May 2, 2024 Aptiv PLC isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the Aptiv Q1 2024 Earnings Call. Today’s conference is being recorded. At this time,… Continue reading Aptiv PLC (NYSE:APTV) Q1 2024 Earnings Call Transcript
Hyundai to strengthen control of Motional JV
Hyundai Motor Group (HMG) said it planned to increase its shareholding in its US based autonomous driving joint venture Motional while also acquiring a stake in Aptiv, its partner in the joint venture. According to local reports, the automaker planned to increase its stake in Motional this year through a KRW663bn (US$486m) paid in capital… Continue reading Hyundai to strengthen control of Motional JV
GENESIS REVEALS U.S. PRICING FOR NEW 2025 GV80 SUV
New 2025 GV80 starts at an MSRP of $57,700 Redesigned GV80 elevates the driving experience for both drivers and passengers with new enhancements, design updates and technologies FOUNTAIN VALLEY, Calif., May 3, 2024 /PRNewswire/ — Genesis today announced U.S. pricing for the new 2025 GV80 SUV. Starting from a manufacturer’s suggested retail price (MSRP) of $57,700,… Continue reading GENESIS REVEALS U.S. PRICING FOR NEW 2025 GV80 SUV
Hyundai likely to launch Genesis in India by second half of next year
With the Indian luxury car market on the cusp of a record high, Hyundai Motor Corporation is looking to launch its premium, luxury brand Genesis in the country, most likely by late 2025. Sources say, Hyundai has set up a new team to craft a plan for the market launch of the Genesis brand in… Continue reading Hyundai likely to launch Genesis in India by second half of next year
Hyundai Motor India launches ‘Dil mein Bas Jaye Exter’ campaign
Hyundai Motor India Ltd. (HMIL) has unveiled its latest multichannel media campaign for the Hyundai Exter SUV, titled ‘Dil mein Bas Jaye Exter’. This campaign aims to enhance brand recall and generate excitement around the Exter, while highlighting its key safety, convenience, and comfort features such as six airbags, paddle shifters, sunroof, cruise control, and hill… Continue reading Hyundai Motor India launches ‘Dil mein Bas Jaye Exter’ campaign
Jesus Maria Herrera Barandiaran resigns as non-executive director of CIE Automotive India
Jesus Maria Herrera Barandiaran, the non-executive director of CIE Automotive India, has submitted his resignation effective June 20, coinciding with the company’s 25th annual general meeting (AGM). In a letter addressed to the company’s board, Barandiaran expressed his belief in India’s significance as a key geography in CIE Group’s global ambitions. He commended the team… Continue reading Jesus Maria Herrera Barandiaran resigns as non-executive director of CIE Automotive India
Hyundai begins supplies of hydrogen fuel cell trucks in North America
Hyundai Motor Company has launched its hydrogen fuel cell truck business in the North American market with the official launch of the ‘NorCAL ZERO Project’ in the port of California. The California Port Green Truck Adoption Project is a port decarbonization project in North America hosted by the California Air Resources Board (CARB) and the… Continue reading Hyundai begins supplies of hydrogen fuel cell trucks in North America