Tag: Hyundai

Indonesia Auto Finance Market Accelerates: $51 Billion Engine Roars by 2026 Fueled by Aspiration & Innovation: Ken Research

GURUGRAM, India, Feb. 20, 2024 /PRNewswire/ — Indonesia’s auto finance market is hitting the gas pedal, propelled by a surge in car ownership fueled by rising aspiration and innovative financial solutions. Ken Research’s “Indonesia Auto Finance Market Outlook” report predicts a dynamic 6.2% CAGR, driving the market to a sizeable $51 billion by 2026. This… Continue reading Indonesia Auto Finance Market Accelerates: $51 Billion Engine Roars by 2026 Fueled by Aspiration & Innovation: Ken Research

Indonesia Auto Finance Market Accelerates: $51 Billion Engine Roars by 2026 Fueled by Aspiration & Innovation: Ken Research

GURUGRAM, India, Feb. 20, 2024 /PRNewswire/ — Indonesia’s auto finance market is hitting the gas pedal, propelled by a surge in car ownership fueled by rising aspiration and innovative financial solutions. Ken Research’s “Indonesia Auto Finance Market Outlook” report predicts a dynamic 6.2% CAGR, driving the market to a sizeable $51 billion by 2026. This… Continue reading Indonesia Auto Finance Market Accelerates: $51 Billion Engine Roars by 2026 Fueled by Aspiration & Innovation: Ken Research

Indonesia Auto Finance Market Accelerates: $51 Billion Engine Roars by 2026 Fueled by Aspiration & Innovation: Ken Research

GURUGRAM, India, Feb. 20, 2024 /PRNewswire/ — Indonesia’s auto finance market is hitting the gas pedal, propelled by a surge in car ownership fueled by rising aspiration and innovative financial solutions. Ken Research’s “Indonesia Auto Finance Market Outlook” report predicts a dynamic 6.2% CAGR, driving the market to a sizeable $51 billion by 2026. This… Continue reading Indonesia Auto Finance Market Accelerates: $51 Billion Engine Roars by 2026 Fueled by Aspiration & Innovation: Ken Research

UAW commits USD 40 mn to organizing US auto, EV battery workers

US President Joe Biden and UAW president Shawn Fain. The United Auto Workers (UAW) said on Wednesday it would commit USD 40 million to organizing non-union automobile and EV battery workers in the United States over the next two years. The UAW said in November it was launching a first-of-its-kind push to publicly organize the… Continue reading UAW commits USD 40 mn to organizing US auto, EV battery workers

Kia unveils ‘Platform Beyond Vehicle’ business for Middle East and Africa markets

Kia Middle East and Africa have announced the forthcoming introduction of its ‘Platform Beyond Vehicle’ (PBV) model in the MEA region, scheduled for 2026. Kia’s PBVs represent the brand’s vision to be a Sustainable Mobility Solutions Provider beyond the traditional concept of automobiles. PBVs are billed to be a powerful combination of fit-for-purpose EVs with… Continue reading Kia unveils ‘Platform Beyond Vehicle’ business for Middle East and Africa markets

Hyundai Motor Welcomes Fitch Ratings’ Upgrade to A-

SEOUL, South Korea, Feb. 16, 2024 /PRNewswire/ — Hyundai Motor Company today welcomed Fitch Ratings’ (Fitch) upgrade of the company’s Long-Term Issuer Default Ratings (IDRs) and senior unsecured ratings to A- with a stable outlook from a previous rating of BBB+. The rating upgrade reflects the continued improvement in Hyundai Motor’s brand strength and market position… Continue reading Hyundai Motor Welcomes Fitch Ratings’ Upgrade to A-

Hyundai Mobis Invites Global Clients for Winter Testing

– A week-long technology demonstration for clients including Mercedes-Benz and BMW to be held at the Swedish winter testing ground starting from the 29th – Demonstrating braking and steering safety technology performance under harsh winter conditions such as snow and ice – Enhancing technological perfection based on core competencies in essential vehicle engineering fields to… Continue reading Hyundai Mobis Invites Global Clients for Winter Testing

Submarine Market size to grow by USD 8.99 billion from 2022 to 2027, 39% of Market Growth is Expected in APAC, Technavio

NEW YORK, Feb. 21, 2024 /PRNewswire/ — The submarine market size is estimated to increase by USD 8,990.05 million from 2022 to 2027, with a CAGR of 5.45%, according to a recent study by Technavio. The market is segmented into North America, APAC, Europe, Middle East and Africa, and South America. An analysis of key leading countries has… Continue reading Submarine Market size to grow by USD 8.99 billion from 2022 to 2027, 39% of Market Growth is Expected in APAC, Technavio