News

The ASEAN automotive sector is forecast to achieve significant growth, with the X-by-Wire market projected to reach USD 1.2 billion by 2035, driven by advanced vehicle technology adoption across Indonesia, Thailand, Vietnam, Malaysia, and the Philippines.

Hyundai Motor Group inaugurated a €150 million advanced test facility at its Rüsselsheim, Germany, technical center, expanding R&D and EV testing capacity for Europe-focused future vehicles.

asTech®, a Repairify company, debuts BlueDriver MAX at SEMA 2025, targeting commercial fleets, dealerships, and auction houses with advanced remote diagnostic and calibration capabilities.

Hyundai Motor President and CEO José Muñoz announced a bold 2026 strategy focused on electrified vehicle growth, expanded manufacturing, and technology partnerships at the 2025 Leaders Talk.

German auto giants including BMW, Volkswagen, and Mercedes-Benz report sharp falls in profit and lower margin forecasts for 2025 as US trade tariffs weigh on European car exports and electrification gains.

Melexis has introduced the MLX81350, an innovative fourth-generation automotive LIN motor driver designed to enhance electric vehicle air conditioning flap systems.

China has resumed exporting automotive semiconductors vital to global car manufacturing, easing fears of another industry-wide supply shock driven by recent geopolitical disputes.

Europe’s automotive heat exchanger market is set for robust growth, fueled by EV transition, advanced materials, and OEM investment in thermal management innovation.

Automotive Testing Expo North America 2025 launches with advancements in software verification and open sensor connectivity for OEMs and technology partners.

The Japan Mobility Show 2025 reveals new IVI system supply chain deals, BYD's light-duty electric truck debut, and a Sharp-Foxconn EV concept, spotlighting Asian B2B industry advancements.

NORMA Group reported a profitable third quarter as weak European automotive demand impacts its Mobility & New Energy business, prompting efficiency investments and strategic transformation initiatives.

Lucid and NVIDIA unveiled a strategic collaboration to develop Level 4 autonomous electric vehicles and next-generation, software-defined automotive manufacturing platforms.

HERE Technologies and Amap have formed a strategic alliance to deliver next-gen AI navigation solutions for Chinese OEMs, strengthening global connected mobility capabilities.

CARUSO GmbH announces real-time data coverage for 90% of connected vehicles in Europe, setting a new benchmark for B2B digital mobility solutions.

Kia faces a $842 million tariff loss in Q3, with profits down 49%, but anticipates recovery aided by new EV launches and North American growth.