SAIC ventured into the Indian market in 2019 with its MG Motor brand. Credit: Robert Way/Shutterstock.com. Chinese state-owned auto firm SAIC Motor is set to reduce its 49% shareholding in its Indian joint venture (JV), amid ongoing geopolitical tensions between China and India, as reported by Reuters, citing sources. The reduction in stake by SAIC… Continue reading China’s SAIC Motor to cut stake in Indian JV – report
Tag: GM
Tariffs pressure carmakers; price hikes could be on the horizon
US automakers absorb tariff costs, delaying expected rise in car prices for consumers. Automakers have been absorbing billions in added expenses since U.S. President Donald Trump’s tariffs took effect in April, sparing American car shoppers from sticker shock. So far. Car prices were supposed to have bolted higher by now, auto executives and analysts predicted.… Continue reading Tariffs pressure carmakers; price hikes could be on the horizon
Technosoft kündigt die Automotive Days 2025 an: Eine globale Online-Veranstaltung, die Innovation, Kundenerfolg und strategische Partnerschaften präsentiert. Wo sich Technologie und Menschen kreuzen.
Diese Veranstaltung wurde am 12. September 2025 von unserer Zentrale in Singapur weltweit angekündigt. MÜNCHEN, 19. September 2025 /PRNewswire/ — Technosoft Automotive freut sich, die Technosoft Automotive Days 2025 (TSAD2025) anzukündigen, eine dreitägige globale Online-Veranstaltung, die vom 7. bis 9. Oktober 2025 stattfindet. Dieses jährliche Treffen bringt führende Persönlichkeiten aus der Automobilbranche, Innovatoren, Kunden und Partner aus Europa und… Continue reading Technosoft kündigt die Automotive Days 2025 an: Eine globale Online-Veranstaltung, die Innovation, Kundenerfolg und strategische Partnerschaften präsentiert. Wo sich Technologie und Menschen kreuzen.
Hyundai Motor Outlines 2030 Strategy at New York Investor Day
Hyundai Motor Company presented its strategic roadmap through 2030 at the company’s first CEO Investor Day held outside Korea, taking place in New York on September 18, 2025. The presentation outlined the automaker’s plans for product expansion, manufacturing growth, and technology development. The company maintained its target of 5.55 million global vehicle sales by 2030,… Continue reading Hyundai Motor Outlines 2030 Strategy at New York Investor Day
Hyundai to Launch Locally designed EV in India, Expand Pune Plant as Part of 2030 Roadmap
Hyundai Motor Co on Thursday said it will launch India’s first locally designed electric vehicle and expand capacity at its Pune plant by 250,000 units by 2030, reinforcing the South Korean automaker’s long-term commitment to the world’s third-largest car market. At the company’s first CEO Investor Day outside Korea, held in New York, Hyundai Motor… Continue reading Hyundai to Launch Locally designed EV in India, Expand Pune Plant as Part of 2030 Roadmap
Cars.com Names Top EV Picks as Nearly 50% of Shoppers Accelerate Purchases Ahead of Federal EV Tax Credit Expiration Sept. 30
CHICAGO, Sept. 18, 2025 /PRNewswire/ — Car-shopping marketplace Cars.com™ (NYSE: CARS) today released its latest findings on the state of the electric vehicle market as the federal EV tax credit sunsets Sept. 30, 2025. With savings of up to $7,500 for new EVs and $4,000 for used models set to expire, consumers are acting quickly… Continue reading Cars.com Names Top EV Picks as Nearly 50% of Shoppers Accelerate Purchases Ahead of Federal EV Tax Credit Expiration Sept. 30
Citroen issues no-drive notice for four models over brake worries
Citroën has told UK customers to not drive four of its newest models after a brake failure issue was discovered. The affected cars are right-hand-drive versions of the new Citroën C3, ë-C3, C3 Aircross and ë-C3 Aircross. The Vauxhall Frontera and Frontera Electric are also affected, but customer deliveries of those cars have yet to start.… Continue reading Citroen issues no-drive notice for four models over brake worries
5 Broker-Loved Stocks to Monitor as Fed Cuts Rates by 25 bps
The U.S. Federal Reserve cut interest rates for the first time in the current year. The 25-basis-point rate cut was widely expected and signals a shift toward monetary easing. The Fed expects two more rate cuts by year-end. Although inflation remains above the Federal Reserve’s 2% target, the uptick in the unemployment rate has increased… Continue reading 5 Broker-Loved Stocks to Monitor as Fed Cuts Rates by 25 bps
Global Autonomous Vehicle Market Size & Share to Surpass $658.1 Billion by 2035, Growing at a CAGR 22.19% | Driving the Future of Mobility, Transportation, and Smart Cities
Breakthroughs in AI-driven navigation, sensor technologies, and connected vehicle systems are accelerating the commercialization of autonomous vehicles worldwide. NEW YORK, Sept. 18, 2025 /PRNewswire/ — Autonomous vehicles (AVs), once a futuristic vision, are entering a decisive commercialization phase. According to Vantage Market Research, the Global Autonomous Vehicle Market is projected to surge from USD 72.64 billion… Continue reading Global Autonomous Vehicle Market Size & Share to Surpass $658.1 Billion by 2035, Growing at a CAGR 22.19% | Driving the Future of Mobility, Transportation, and Smart Cities
Global Autonomous Vehicle Market Size & Share to Surpass $658.1 Billion by 2035, Growing at a CAGR 22.19% | Driving the Future of Mobility, Transportation, and Smart Cities
Breakthroughs in AI-driven navigation, sensor technologies, and connected vehicle systems are accelerating the commercialization of autonomous vehicles worldwide. NEW YORK, Sept. 18, 2025 /PRNewswire/ — Autonomous vehicles (AVs), once a futuristic vision, are entering a decisive commercialization phase. According to Vantage Market Research, the Global Autonomous Vehicle Market is projected to surge from USD 72.64 billion… Continue reading Global Autonomous Vehicle Market Size & Share to Surpass $658.1 Billion by 2035, Growing at a CAGR 22.19% | Driving the Future of Mobility, Transportation, and Smart Cities