News And Information
The World Platinum Investment Council (WPIC) predicts a growing platinum deficit in 2024 due to increased automotive and industrial demands. Automotive platinum demand is on track for a fourth consecu...
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In a groundbreaking move, Freudenberg Sealing Technologies, a global leader in sealing solutions, introduces a pivotal innovation for the automotive industry. The impermeable rectangular busbar overmo...
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New research reveals a promising trajectory for the auto care industry, with an anticipated 8.1% growth in 2023, poised to reach an impressive $574 billion by 2026. Surpassing expectations, the automo...
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New-vehicle inventory witnessed a significant uptick in October, defying a six-week worker strike in Detroit, according to data from Cox Automotive. Inventory soared to 2.4 million units, marking a re...
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Hyundai is ushering in a new era of automotive innovation with its $1.5 billion investment in a state-of-the-art battery-electric vehicle (BEV) production plant at the Ulsan automotive center in South...
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As electric vehicle (EV) sales surge, a conundrum emerges as automakers appear apprehensive due to a slower growth pace, decreased prices, and burgeoning inventories. General Motors and Ford Motor Co....
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The escalating presence of Chinese electric vehicles (EVs) in Europe signals a disruptive shift in the continent's auto industry. Showcased in shopping malls and attracting attention for their low...
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The expectation of diminishing prices for both new and used vehicles amid resolved supply chain issues was overruled by market forces. Post the lockdowns, car prices surged, marking two years into the...
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In the wake of a surge in commodity costs by 200-300% over the past two years, automotive parts suppliers are confronting substantial pressure. Bosch, addressing the challenge during their recent annu...
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Marelli, an automotive component manufacturer owned by private equity firm KKR, temporarily halted the closure of its Italian factory to seek potential buyers. Last month, Marelli announced plans to s...
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