A visitor views a titanium hybrid 2020 Ford Escape FWD small SUV at the Canadian International Auto Show in Toronto, Ontario, in Canada, Feb. 18, 2020. Chris Helgren | Reuters DETROIT – Ford Motor is delaying production of a new all-electric large SUV and pickup truck, as it shifts to offer hybrid options across its… Continue reading Ford to delay all-electric SUV, truck to focus on offering hybrid vehicles across its lineup by 2030
Tag: Hyundai
Why hybrid sales surge as EV sales flatten
After years of being overshadowed by flashy electric vehicles from Tesla and others, the hybrid — a gas sipper that has both an engine and an electric motor — is back in the spotlight. EV sales have slowed in the U.S., according to car website and data tracker Edmunds, with the time it takes for… Continue reading Why hybrid sales surge as EV sales flatten
Angeion Group (Kia Theft Settlement Administrator) Announces Proposed Settlement in In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation
If you purchased or leased a certain 2011-2022 model year Kia vehicle that was not equipped with an engine immobilizer, you might benefit from this class action settlement. PHILADELPHIA, April 4, 2024 /PRNewswire/ — A settlement has been reached in a product liability class action lawsuit, in California federal court titled, In re: Kia Hyundai… Continue reading Angeion Group (Kia Theft Settlement Administrator) Announces Proposed Settlement in In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation
Angeion Group (Hyundai Theft Settlement Administrator) Announces Proposed Settlement in In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation
If you purchased or leased a certain 2011-2022 model year Hyundai vehicle that was not equipped with an engine immobilizer, you might benefit from this class action settlement. PHILADELPHIA, April 4, 2024 /PRNewswire/ — A settlement has been reached in a product liability class action lawsuit, in California federal court titled, In re: Kia Hyundai… Continue reading Angeion Group (Hyundai Theft Settlement Administrator) Announces Proposed Settlement in In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation
Ottopia Selected as the Global Market Leader of Automotive Teleoperation by Frost & Sullivan
Ottopia builds and provides tele-driving technology to enable luxury, convenience, efficiency, and innovation in the mobility ecosystem, revolutionizing the automotive industry. SAN ANTONIO, April 4, 2024 /PRNewswire/ — Frost & Sullivan recently researched the automotive teleoperations industry, and based on its findings, awarded Ottopia with the 2024 Global Enabling Technology Leadership Award. The company specializes… Continue reading Ottopia Selected as the Global Market Leader of Automotive Teleoperation by Frost & Sullivan
India: PAG-backed Nuvama Group in talks to raise $479m for crossover fundThe firm is looking to shore up at least $300m from family offices and rich i…
PAG-backed Nuvama Group’s asset management division is currently on the road to raise as much as $479 million for a crossover fund, stated a report by Bloomberg. Of the total targeted corpus, the Mumbai-headquartered firm is looking to shore up at least $300 million from family offices and rich individuals in the Middle East, the… Continue reading India: PAG-backed Nuvama Group in talks to raise $479m for crossover fundThe firm is looking to shore up at least $300m from family offices and rich i…
Hyundai Motor India’s share of global sales rises to 15% in FY2024
With the Indian passenger vehicle market firing on all cylinders in FY2024 with estimated total wholesales of a record 4.23 million units, up 8.74% on FY2023’s 3.89 million units, all the top car and SUV makers in India have recorded best-ever numbers including the Hyundai Motor Group’s Indian vehicle manufacturing arm, Hyundai Motor India. In FY2024,… Continue reading Hyundai Motor India’s share of global sales rises to 15% in FY2024
LG Energy Solution’s $5.5 Billion Stand-Alone Battery Manufacturing Complex Project in Arizona Well Underway
LG Energy Solution invites Arizona state government and local community officials for a construction progress update on its second U.S. stand-alone facility Completion and start of production expected in about two years, with full-scale hiring for thousands of new jobs to begin in the second-half of 2025 The company to further strengthen market competitiveness in… Continue reading LG Energy Solution’s $5.5 Billion Stand-Alone Battery Manufacturing Complex Project in Arizona Well Underway
March Fleet Vehicle Sales Dip, But Q1 Total Rises
The overall monthly total of 217,446 vehicles sold into the three fleet sectors in March 2024 was down slightly at 3.4% compared to 225,200 vehicles in March 2023. Source: Bobit While rental car fleet sales were flat in March compared to March 2023, their strength compared to declines in the commercial and government fleet sectors… Continue reading March Fleet Vehicle Sales Dip, But Q1 Total Rises
Hyundai Santa Fe and Kona Named to Autotrader’s Best New Cars For 2024 List
Santa Fe recognized for setting a new standard in its segment with distinct styling, class-leading cabin tech and impressive interior and cargo space Subcompact Kona applauded for its futuristic design, refined interior, and impressive performance Kona offered with buyer’s choice of ICE or all-electric power; Santa Fe to be available with ICE and hybrid drivetrains… Continue reading Hyundai Santa Fe and Kona Named to Autotrader’s Best New Cars For 2024 List