Chinese EV maker Zeekr hires ex-Lexus brand veteran to helm Europe operations

China’s Zeekr has hired a former Lexus executive to helm its operations in Europe, according to a memo seen by Reuters, as the electric vehicle (EV) maker plans to sell into the region later this year. Spiros Fotinos, who spent 24 years with Toyota and led the brand management of Lexus globally, joined Zeekr in September as the chief executive officer of Zeekr Europe to oversee the brand‘s operation in the region,… Continue reading Chinese EV maker Zeekr hires ex-Lexus brand veteran to helm Europe operations

This Week in Transportation News: 9 Stories You Need to See

A roundup of the week’s most newsworthy auto and transport industry press releases from PR Newswire, including a drop in vehicle transaction prices and the new Toyota Tacoma Trailhunter. NEW YORK, April 14, 2023 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR… Continue reading This Week in Transportation News: 9 Stories You Need to See

Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

The increasing integration and implementation of advanced safety systems are one of the major factors that will escalate the growth of the automotive electronics market. PUNE, India, April 13, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed… Continue reading Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

The increasing integration and implementation of advanced safety systems are one of the major factors that will escalate the growth of the automotive electronics market. PUNE, India, April 13, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed… Continue reading Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

SUV and MPV sales hit 2 million units in FY2023, Maruti Suzuki keeps Tata Motors at bay, M&M drives ahead of Hyundai

SUV and MPV sales hit 2 million units in FY2023, Maruti Suzuki keeps Tata Motors at bay, M&M drives ahead of Hyundai The vehicle segment that has done all the heavy lifting for the past three-odd years has recorded its best-ever fiscal year sales. As per FY2023 industry wholesales data released by apex industry body… Continue reading SUV and MPV sales hit 2 million units in FY2023, Maruti Suzuki keeps Tata Motors at bay, M&M drives ahead of Hyundai

Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

The increasing integration and implementation of advanced safety systems are one of the major factors that will escalate the growth of the automotive electronics market. PUNE, India, April 13, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed… Continue reading Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

Autonomous vehicle development platform market to grow at a CAGR of 30.94% from 2022 to 2027: Increasing demand for driver assistance systems to boost market growth – Technavio

NEW YORK, April 14, 2023 /PRNewswire/ — The global autonomous vehicle development platform market size is estimated to increase by USD 82,788.43 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 30.94%. The increasing demand for driver assistance systems is driving market growth. Driver assistance systems play a key role… Continue reading Autonomous vehicle development platform market to grow at a CAGR of 30.94% from 2022 to 2027: Increasing demand for driver assistance systems to boost market growth – Technavio

Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

The increasing integration and implementation of advanced safety systems are one of the major factors that will escalate the growth of the automotive electronics market. PUNE, India, April 13, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed… Continue reading Automotive Electronic Market Report Will Worth USD 527.72 billion by 2029 at a CAGR of 7.30%: Exactitude Consultancy

Shoichiro Toyoda, Who Helped Make Toyota a Global Force, Dies at 97

TOKYO — Shoichiro Toyoda, the chief of the automotive giant Toyota, who led the company as it expanded production into North America in the 1980s and helped transform it into a global brand, died on Tuesday. The son of the company’s founder, he was 97. Toyota said in a statement that the cause was heart… Continue reading Shoichiro Toyoda, Who Helped Make Toyota a Global Force, Dies at 97