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

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

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

Automotive Transmission Market worth $84.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 20, 2024 /PRNewswire/ — Automotive Transmission Market is projected to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028, according to a new report by MarketsandMarkets™. The automotive transmission market is driven by factors such as – a shift towards automatic transmissions… Continue reading Automotive Transmission Market worth $84.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

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

More EV launches in 2025-2026 may pose challenges in chip supply, says Skoda VW India exec

After wading through the pandemic-induced semiconductor shortage that led to significant cuts in vehicle production, the automotive industry might see some challenges in chip supply with the automakers accelerating their plans to launch many electric vehicle models in the market starting next year. Electric passenger vehicles uses almost twice as many chips as traditional internal… Continue reading More EV launches in 2025-2026 may pose challenges in chip supply, says Skoda VW India exec

More EV launches in 2025-2026 may pose challenges in chip supply, says Skoda VW India exec

After wading through the pandemic-induced semiconductor shortage that led to significant cuts in vehicle production, the automotive industry might see some challenges in chip supply with the automakers accelerating their plans to launch many electric vehicle models in the market starting next year. Electric passenger vehicles uses almost twice as many chips as traditional internal… Continue reading More EV launches in 2025-2026 may pose challenges in chip supply, says Skoda VW India exec