SYDNEY, Jan. 21, 2026 /PRNewswire/ — On November 18, 2025, GAC hosted its brand and new model launch ceremony in Sydney, officially unveiling its Australia Local Strategy—”GAC: Growing Australian Confidence”—the localized implementation of the company’s global “One GAC 2.0” strategy. One of the event’s major highlights was the simultaneous debut of three strategic global models:… Continue reading GAC Enters Australia with AION V, M8 PHEV and EMZOOM; Launches Australian Local Strategy to Build a Benchmark Market in the South Pacific
Tag: Mobility
Fair Holdings, Inc., Led by TrueCar Founder Scott Painter, Completes $227 Million Take-Private Acquisition of TrueCar with PenFed, Zurich North America, AutoNation and Others
The acquisition of TrueCar will refocus the business on profitability and the future of how consumers access mobility. SANTA MONICA, Calif., Jan. 21, 2026 /PRNewswire/ — TrueCar, one of the most recognized and trusted automotive brands, today announced the completion of its sale in a take-private transaction with Fair Holdings, Inc., led by TrueCar Founder… Continue reading Fair Holdings, Inc., Led by TrueCar Founder Scott Painter, Completes $227 Million Take-Private Acquisition of TrueCar with PenFed, Zurich North America, AutoNation and Others
Tesla patents ‘clever math trick’ for HW3, but nothing points to delivering promised self-driving
Tesla has published a new patent that describes a way to squeeze more performance out of its aging HW3 self-driving computers. While the technology is interesting, nothing points to it actually enabling Tesla to deliver on its long-standing promise of unsupervised self-driving on HW3 vehicles. In 2016, Tesla announced that all vehicles produced thereafter would… Continue reading Tesla patents ‘clever math trick’ for HW3, but nothing points to delivering promised self-driving
Opaia Launches Angola’s Only Car Assembly Plant
LUANDA, Angola, Jan. 21, 2026 /PRNewswire/ — Opaia, Angola’s leading diversified group of companies focused on value creation throughout Africa, is pleased to announce the launch of Opaia Motors – Angola’s only domestic producer of quality, affordable, commercial and private cars and buses. This new industrial platform marks a milestone for Angola’s transport sector, strengthening national… Continue reading Opaia Launches Angola’s Only Car Assembly Plant
Hyundai Mobis Embeds 5G Wireless Telematics Technology for Autonomous and SDV Vehicles
– Hyundai Mobis has developed a telematics solution (MTCU) capable of 5G wireless communication, securing leadership in the global connectivity market – The current 4G-based telematics market is evolving with 5G technology, enabling high-precision map services and remote control – 5G solutions are also essential for SDV transformation, and the company aims to complete product… Continue reading Hyundai Mobis Embeds 5G Wireless Telematics Technology for Autonomous and SDV Vehicles
LEPAS Opens Its World’s First Showroom in Indonesia, Ushering in a New Chapter in the NEV Market
JAKARTA, Indonesia, Jan. 21, 2026 /PRNewswire/ — On January 19, LEPAS, the all-new NEV brand under Chery Group, officially opened its World’s First Showroom in Jakarta, Indonesia. More than a hundred attendees, including Indonesian government representatives, media, KOLs, and dealership partners, gathered to witness this milestone in the brand’s expansion journey. Continue Reading World’s First LEPAS… Continue reading LEPAS Opens Its World’s First Showroom in Indonesia, Ushering in a New Chapter in the NEV Market
Global Traction Equipment Market Size to Reach USD 14,827.1 Million by 2032, Driven by Transport Electrification and Rail Modernization – Credence Research
Market Overview LONDON, Jan. 20, 2026 /PRNewswire/ — The global traction equipment market shows steady expansion across rail and electric transport systems. The market size reached USD 6,234.4 million in 2018. Market value increased to USD 9,222.1 million in 2024. Forecast estimates project growth to USD 14,827.1 million by 2032. The market is expected to… Continue reading Global Traction Equipment Market Size to Reach USD 14,827.1 Million by 2032, Driven by Transport Electrification and Rail Modernization – Credence Research
UpdatePromise and Hunter Engineering Bring Autonomous Inspection Intelligence into the Service Lane
UpdatePromise and Hunter Engineering are working together to bring autonomous inspection intelligence directly into the service lane — helping dealerships surface opportunities faster, improve accuracy, and drive more transparent service experiences. CHINO, Calif., Jan. 21, 2026 /PRNewswire/ — UpdatePromise Harmony AI, a leading provider of fixed-operations customer experience and workflow technology, announced an integration partnership… Continue reading UpdatePromise and Hunter Engineering Bring Autonomous Inspection Intelligence into the Service Lane
Ad Age Names Ars X Machina a Best Place to Work
AXM is No. 4 prioritizing empathy, autonomy and flexibility—the core principles that support AXM’s culture of awareness SAN FRANCISCO, Jan. 21, 2026 /PRNewswire/ — Ad Age has named Ars X Machina (AXM), the technology-powered media agency behind Agile Mix Modeling™, to its Best Places to Work 2026 list. In an industry struggling with burnout and… Continue reading Ad Age Names Ars X Machina a Best Place to Work
EV adoption is redefining what auto retail leadership means in India, say industry leaders
India’s electric mobility push is forcing a fundamental reset in auto retail, with trust, uptime and dealer readiness emerging as decisive factors that will shape EV adoption over the next five years, industry leaders said, as customer anxiety around batteries, reliability and total cost of ownership continues to influence buying decisions. These themes came to… Continue reading EV adoption is redefining what auto retail leadership means in India, say industry leaders