Auto Strike Looms, Threatening to Shut Detroit’s Big 3

The United Auto Workers union and the three Detroit automakers have less than two weeks to negotiate a new labor contract, and a strike of some sort seems increasingly likely. The union’s president, Shawn Fain, has primed rank-and-file members to be prepared to walk off the job if the union’s long list of demands for… Continue reading Auto Strike Looms, Threatening to Shut Detroit’s Big 3

Stellantis offers raises, inflation protection measures to UAW as strikes continue

Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Images Stellantis said Saturday that its most recent proposal to the United Auto Workers includes raises of nearly 21% over the course of the contract,… Continue reading Stellantis offers raises, inflation protection measures to UAW as strikes continue

WIN SOURCE Wins Key Spot on 2023 Global Top 50 Electronics Distributors List

SourceToday Endorses WIN SOURCE’s Excellence, with 18th Global Ranking SHANGHAI, Sept. 15, 2023 /PRNewswire/ — WIN SOURCE, a leader in electronic components distribution was recently recognized as a global top-tier distributor by SourceToday. WIN SOURCE earned the prestigious rank of 18 on the 2023 Top 50 Electronics Distributors list. Continue Reading THE_TOP_50_Electronics_Distributors_2023_win_source WIN SOURCE’s achievement is… Continue reading WIN SOURCE Wins Key Spot on 2023 Global Top 50 Electronics Distributors List

Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 14, 2023 /PRNewswire/ — The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period according to a new report by MarketsandMarkets™. The market growth is attributed to the continued development of connected vehicles and the… Continue reading Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

WIN SOURCE Wins Key Spot on 2023 Global Top 50 Electronics Distributors List

SourceToday Endorses WIN SOURCE’s Excellence, with 18th Global Ranking SHANGHAI, Sept. 15, 2023 /PRNewswire/ — WIN SOURCE, a leader in electronic components distribution was recently recognized as a global top-tier distributor by SourceToday. WIN SOURCE earned the prestigious rank of 18 on the 2023 Top 50 Electronics Distributors list. Continue Reading THE_TOP_50_Electronics_Distributors_2023_win_source WIN SOURCE’s achievement is… Continue reading WIN SOURCE Wins Key Spot on 2023 Global Top 50 Electronics Distributors List

Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 14, 2023 /PRNewswire/ — The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period according to a new report by MarketsandMarkets™. The market growth is attributed to the continued development of connected vehicles and the… Continue reading Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

ABAX combines forces with Eir and Greater Than to revolutionize motor insurance

STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — ABAX, Europe’s largest telematics company, has today announced a unique, three-way partnership with Greater Than, the global provider of driver crash probability and climate impact intelligence, and Eir, a fully digital insurance company.  Together, the companies will leverage the power of data to overhaul the motor insurance market. Using… Continue reading ABAX combines forces with Eir and Greater Than to revolutionize motor insurance

WIN SOURCE Wins Key Spot on 2023 Global Top 50 Electronics Distributors List

SourceToday Endorses WIN SOURCE’s Excellence, with 18th Global Ranking SHANGHAI, Sept. 15, 2023 /PRNewswire/ — WIN SOURCE, a leader in electronic components distribution was recently recognized as a global top-tier distributor by SourceToday. WIN SOURCE earned the prestigious rank of 18 on the 2023 Top 50 Electronics Distributors list. Continue Reading THE_TOP_50_Electronics_Distributors_2023_win_source WIN SOURCE’s achievement is… Continue reading WIN SOURCE Wins Key Spot on 2023 Global Top 50 Electronics Distributors List

Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 14, 2023 /PRNewswire/ — The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period according to a new report by MarketsandMarkets™. The market growth is attributed to the continued development of connected vehicles and the… Continue reading Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

BorgWarner (BWA) Gains As Market Dips: What You Should Know

BorgWarner (BWA) closed the most recent trading day at $41.05, moving +1.76% from the previous trading session. This move outpaced the S&P 500’s daily loss of 1.22%. At the same time, the Dow lost 0.83%, and the tech-heavy Nasdaq lost 1.56%. Coming into today, shares of the auto parts supplier had gained 2.31% in the… Continue reading BorgWarner (BWA) Gains As Market Dips: What You Should Know