Ford Motor Co’s incoming Chief Executive Jim Farley said on Tuesday he wants to expand the automaker’s operations into related technology fields, including software, fleet management and electric vehicle charging.“These are new growth initiatives that .. Read the news
The Europe car rental service market is expected to grow from US$ 14.17 Bn in 2018 to US$ 24.00 Bn by the year 2027. This represents a CAGR of 6.2% from the year 2019 to 2027.The Europe car rental services market is mainly driven by the growing number of car r.. Read the news
Automotive logistics market in Europe is expected to grow from US$ 43.25 Bn in 2018 to US$ 80.58 Bn by the year 2027 with a CAGR of 6.9% from the year 2019 to 2027.The increased focus on expanding the number of automobile manufacturing units across the globe and a .. Read the news
The Asia Pacific Autotransfusion Devices market is growing along with the healthcare industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.Autotransfusion is a process i.. Read the news
ACV Auctions Inc., a dealer-to-dealer, online automotive marketplace, has crisscrossed the country conducting hundreds of lot visits and video conference calls to help its independent and franchise dealer partners prepare for the new normal. From April to June, the aver.. Read the news
Electric car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a valuation of $2.9 billion, the companies said on Monday.Reuters reported last week that the special purpose acquisition c.. Read the news
U.S. electric vehicle maker Tesla Inc. is “very close” to achieving level 5 autonomous driving technology, Chief Executive Elon Musk said on Thursday, referring to the capability to navigate roads without any driver input.“I’m extremely confident.. Read the news
MiX Telematics has announced that it is partnering with The Global Alliance for Vehicle Data Access (GAVDA). The Global Alliance for Vehicle Data Access (GAVDA) is a diverse group of global stakeholders and thought leaders united by a common goal of maintaining con.. Read the news
Hyundai Mobis(KRX:012330), which has been devoted to securing future car technologies by developing proprietary technologies and investing directly in global leaders, is diversifying its investment strategies by investing in global venture funds, etc.Hyundai Mobis annou.. Read the news
Tesla Inc on Thursday denied media reports and said it had not fired employees who chose to stay at home during the coronavirus pandemic over safety concerns at the carmaker’s California factory.The electric carmaker said in a blog post it had waived its attendanc.. Read the news
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