Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. Amid economic and market uncertainty, coupled with the looming presidential election, the Q2 Cox Automotive Dealer Sentiment Index, released yesterday, revea ... Continue reading
NEW YORK, June 10, 2024 -- The global automotive audio speakers market size is estimated to grow by USD 9.02 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.82% during the forecast period. ... Continue reading
NEW YORK, June 10, 2024 -- The global automotive laser headlight system market size is estimated to grow by USD 18.91 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 40.54% during the forecast period. Incorporation of energy-efficient solutions in automobiles is ... Continue reading
NEW YORK, June 10, 2024 -- The global car air purifier market size is estimated to grow by USD 1.05 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.99% during the forecast period. ... Continue reading
NEW YORK, June 10, 2024 -- The global drone logistics and transportation market size is estimated to grow by USD 29.00 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 27.77% during the forecast period. Rising application of drones is driving market growth, with a tr ... Continue reading
Hyundai Named Merit Award 'Gold' Winner for Corporate Social Responsibility
FOUNTAIN VALLEY, Calif., June 10, 2024 -- Hyundai Motor America was recently named a Gold Winner for the 2024 Merit Awards for Corporate Social Responsibility (CSR) in HR for its philanthropic and youth development program. Hyundai and its employee resource group (ERG), Amigos Unidos, were recognized for the Career Ex ... Continue reading
NEW YORK, June 10, 2024 -- The global life jacket market size is estimated to grow by USD 1.52 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.8% during the forecast period. ... Continue reading
Image Full Size Small Preview Thumbnail Mercedes-Benz USA Hosts First Ever Race Day and Canadian Grand Prix Watch Party at Mercedes-Benz Stadium (Photo: Business Wire) Mercedes-Benz USA Hosts First Ever Race Day and Canadian Grand Prix Watch Party at Mercedes-Benz Stadium (Photo: Business Wire) Image Full Size Small Pr ... Continue reading
Mobileye Appoints Elaine L. Chao to Its Board of Directors
JERUSALEM--Mobileye Global Inc. announced today the appointment of Elaine L. Chao to the Mobileye Global Inc. Board of Directors as an independent director, effective as of June 7, 2024. “It’s an honor to have former U.S. Secretary of Transportation and U.S. Secretary of Labor Elaine Chao join Mobileye’s board as ... Continue reading
NASA Sets Coverage for U.S. Spacewalk 90 Outside Space Station
WASHINGTON, June 10, 2024 -- NASA will provide live coverage, beginning at 6:30 a.m. EDT Thursday, June 13, as two astronauts conduct a spacewalk outside of the International Space Station. The spacewalk is scheduled to begin at 8 a.m. and last about six and a half hours. ... Continue reading
The Q2 2024 Cox Automotive Dealer Sentiment Index shows U.S. auto dealers are navigating a challenging market, shaped by economic uncertainty and a coming national election. High interest rates and the economy, particularly inflation and rising costs for dealers, followed by the political climate are top factors holdin ... Continue reading
AUTHENTICOM CHOSEN TO POWER NADA VAULT FOR SECURE DEALERSHIP DATA SYNDICATION
LA CROSSE, Wis., June 11, 2024 -- The National Automobile Dealers Association (NADA), headquartered in Tysons, Va., will use Authenticom's DealerVault application as the exclusive platform to power "NADA Vault", a secure dealership data syndication initiative together. This marks the first time NADA has announced a dat ... Continue reading
- Automobili Pininfarina toma el centro del escenario en una casa de lujo inspirada en Bruce Wayne en Gotham City La exclusiva 'Wayne Enterprises Experience', que se lleva a cabo en una casa adosada de Manhattan, imagina el hogar de Bruce Wayne, el alter ego multimillonario de Batman, el 'Dark Knight' de DC El hiperco ... Continue reading
Automotive Upholstery Market to Reach $12.2 Billion by 2032 at 7.2% CAGR: Allied Market Research
Factors that drive the growth of the automotive upholstery market include an increase in production and sales of automobiles, along with the growing popularity of lightweight car's upholstery materials. PORTLAND, Ore., June 11, 2024 -- Allied Market Research published a report, titled, "Automotive Upholstery Market by ... Continue reading
Baltimore the third most expensive car rental destination in the US, survey reveals
BALTIMORE, June 11, 2024 -- Baltimore is one of the most expensive places in the United States to rent a car this summer, according to a survey by Cheapcarrental.com. The survey compared rental rates at 100 U.S. airports during the period from June to August 2024. ... Continue reading
NEEDHAM, Mass.--Electric motor design and software company ECM PCB Stator Tech and B. Hepworth – the global leader in window wiping/wash systems – have announced the development of a next generation solution integrating PCB Stator electric motors. Per the collaboration, B. Hepworth will leverage ECM’s award-winni ... Continue reading
Cars Commerce Named in U.S. News & World Report's 2024-2025 Best Companies to Work For
Out of 3,000 companies evaluated, Cars Commerce stood out as a top company based on factors like quality of benefits, belongingness, work-life balance and more CHICAGO, June 11, 2024 -- U.S. News & World Report, the global authority in rankings and consumer advice, has named Cars.com Inc. (d/b/a "Cars Commerce Inc"), a ... Continue reading
DUBLIN--The "Monthly Monitoring Report on China Automotive Intelligent Driving Technology and Data Trends (Issue 2, 2024)" report has been added to ResearchAndMarkets.com's offering. Insight into intelligent driving: ECARX self-develops intelligent driving chips, and L2.5 installation soared by 175% year on year Based ... Continue reading
ElectricFish Opens First Intelligent Grid EV Infrastructure Manufacturing Facility in California
Image Full Size Small Preview Thumbnail ElectricFish is scaling production of their 350Squared™ for electric-vehicle fleets: Backup energy and dc fast charging in one unit. (Photo: Business Wire) ElectricFish is scaling production of their 350Squared™ for electric-vehicle fleets: Backup energy and dc fast charging ... Continue reading
MIAMI, June 11, 2024 -- Real Juice Media (RJM) announces the launch of its Free Ad-Supported Streaming (FAST) network, Telephone TV. Cultural Media Reimagined. ... Continue reading
DUBLIN--The "Global Market for Power Electronics for Electric Vehicles (EVs) 2024-2035" report has been added to ResearchAndMarkets.com's offering. As we pivot towards a more sustainable energy landscape, electric vehicles (EVs) have emerged as a cornerstone of modern transportation. ... Continue reading
GM Board Approves New $6 Billion Share Repurchase Authorization
DETROIT, June 11, 2024 -- General Motors Co. announced today that its Board of Directors has approved a new share repurchase authorization to repurchase up to $6 billion of the company's outstanding common stock. ... Continue reading
The bentonite clay market is driven by its expanding use in various industries, particularly pharmaceuticals and iron & steel manufacturing. China, with its booming manufacturing sector and rising disposable income, is expected to be the prime contributor to market growth. ... Continue reading
Kerrigan Advisors Represents Sunrise Auto Group in Sale of Two Memphis Dealerships to Lithia Motors
MEMPHIS, Tenn.--Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Memphis, Tennessee-based Sunrise Auto Group in the sale of Sunrise Wolfchase Buick GMC, the #1 Buick GMC dealership in Memphis, and Sunrise Buick GMC Collierville to Medford, Oregon-based Lithia ... Continue reading
Motorcar Parts of America Reports Year-End Results
LOS ANGELES--Motorcar Parts of America, Inc. today reported results for its fiscal 2024 fourth quarter and year ended March 31, 2024 – reflecting year-over-year increases in sales, operating income and cash flow from operating activities, despite industry softness in the fourth quarter. Key highlights for the fiscal ... Continue reading
AMSTERDAM, June 11, 2024 -- Lucinity has launched a groundbreaking generative AI copilot plugin at Money2020 Europe, offering immediate ROI for financial institutions. This system-agnostic plugin acts as a central copilot compatible with all web-based enterprise applications, pulling data from Customer Relationship Ma ... Continue reading
CVN Reveals #TruthsAboutTrauma: PTSD is Treatable STAMFORD, Conn., June 11, 2024 -- As June marks PTSD Awareness Month, Cohen Veterans Network (CVN), a national not-for-profit network of mental health clinics for post-9/11 veterans, service members and military family members, announced the launch of PTSD Explained, ... Continue reading
Smart AutoCare Launches SmartSports – Protection Options for Powersports Vehicles
RICHARDSON, Texas--Smart AutoCare*, a provider of automotive service contracts, has launched its newest product: SmartSports, protection for a wide range of powersports vehicles. Smart AutoCare has long offered automotive owners innovative product solutions to bring peace of mind in the event of a breakdown or unforese ... Continue reading
The 1000 Miglia 2024 has started
BRESCIA, Italy, June 11, 2024 -- The 2024 edition of the Red Arrow started at 12:30 pm from the Viale Venezia platform. Shortly before the start, a thunderstorm had threatened to complicate the start of the race, but a few moments before the Time Control of the O.M.'s, as always the first cars to start, the rain becam ... Continue reading
Image Full Size Small Preview Thumbnail The world's fastest autonomous racecar with an AI pilot coded by students from PoliMOVE-MSU team races on Goodwood Hill. Credit Indy Autonomous Challenge. ... Continue reading
Picture 1.jpg THE TOUGH GETS TOUGHER: TORSUS UNVEILS NEXT-GENERATION PRAETORIAN HEAVY-DUTY 4X4 OFF-ROAD BUS WITH HOST OF NEW TECHNICAL UPGRADES TO CONQUER ANY TERRAIN · TORSUS introduces new third-generation PRAETORIAN TG3 heavy-duty off-road bus with more than 50 all-new technical updates and options for 2024  ... Continue reading
ZT Automotive Boosts Retail Unit Sales and Service Revenue Following Strategic Hires
Image Full Size Small Preview Thumbnail ZT Automotive, the automotive portfolio entity of ZT Corporate, today announced several key leadership hires, reflecting a dynamic growth period during the first half of 2024. (Photo: Business Wire) ZT Automotive, the automotive portfolio entity of ZT Corporate, today announced s ... Continue reading
Cardino's Revolutionary Used EV Sales Model Sparks Investor Excitement with €4 Million Seed Round
-Cardino, a pioneer in the used electric vehicle (EV) market, recently announced a triumphant €4 million seed funding round spearheaded by Point Nine. The funding round was supported by an array of distinguished angel investors and notable figures, including key investors from platforms like Rosberg Ventures, Vinted. ... Continue reading
Duct Tape and Dad: A Dynamic Duo for Everyday Repairs
Generations of Handy Dads Rely on the Sticky Solution to Solve Household Challenges AVON, Ohio, June 11, 2024 -- From torn teddy bears and damaged tablets to leaky toilets and wobbly table legs, duct tape and dad will save the day. A new survey from Duck® brand, maker of Duck Tape® brand duct tape, revealed that 87% ... Continue reading
Eaton's Innovative Safety Solutions Help Accelerate Electrified Vehicle Transition
Eaton plans to show its suite of safety-focused electrified vehicle (EV) technologies June 18-20 at The Battery Show Europe in Stuttgart, Germany. ... Continue reading
Midwest Automotive Media Association Announces 2024 Rally Award Winners
ELKHART LAKE, Wis.--The Midwest Automotive Media Association (MAMA) hosted the 2024 Rally May 21-23 at Road America. 100 journalists put nearly 80 vehicles through their paces on track, autocross, street drives, and a technical off-road course sponsored by Jeep. ... Continue reading
TROY, Mich.--With U.S. auto insurance rates up 11.2% on average during the past year—and insurers still losing an average of five cents on every dollar of premium they collect—sky-high premiums do not appear to be leveling off anytime soon. According to the J.D. Power 2024 U.S. Auto Insurance Study,SM released toda ... Continue reading
Native Advertising Space Available Within 70+ Guest Post Distribution Platform
The Auto Channel www.theautochannel.com has made it easy to submit your optimized automotive centric fine-tuned and measured editorial marketing elements in a Guest Post, featured within an historic online publication directly from our Guest Post Store. <'?p>After 28 years on line and a massive library of editorial and ... Continue reading
2024 Mazda CX-90 3.3 Turbo Premium Plus – Review by David Colman +VIDEO
If I have one indelible memory from my week in this Mega Mazda, it was the day I stopped to check my mailbox. ... Continue reading
WHEN IT WAS NEW - 1969-70 BOSS 429 MUSTANG THE AUTO CHANNEL LOOKS BACK
The Boss 429 is one of the most unique Mustangs made. Its uniqueness lies in its rarity, its engine and simply for the fact that so much effort went into modifying the basic Mustang to make the Boss 429 engine fit.Visually, the Boss 429 sits lower than other 1969-70 SportsRoof Mustangs. ... Continue reading
Five Essential Tips When Negotiating With Used Car Dealers
With a quick search on the internet, it is possible to find all types of strategies and advice when it comes to negotiating with a car dealer. Some of it is good, solid advice while other information will cause issues with any type of deal that you want to make. ... Continue reading
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