bal restructuring is on track and expected to be completed in 2028. Webasto had launched its restructuring program at the end of 2024, adjusting its capacities to the lower demand for its products. Overall, the number of employees declined from 16,600 (end of 2023) to 15,300 (end of 2024). (Detroit Free Press and other sources on July 11, 2025)...

News  Updated at: 2025/07/12

Daido Electronics to triple production of heavy rare metal-free magnets for drive motors by FY 2030 Daido Electronics Co., Ltd. (Daido Electronics, Nakatsugawa City, Gifu Prefecture), Daido Steel Co., Ltd.’s group company that produces magnets, will boost the production of drive motor magnets that do not use heavy rare metal (heavy rare earths). The company’s head plant will start a new production line as early as the beginning of 2026 to mor...

News  Updated at: 2025/07/11

andards that are not specific to the automotive sector, and the group’s market share stays below 15% of demand for these patents. Membership is open to other automotive companies, including carmakers and suppliers. Negotiations with ALNG are voluntary for SEP holders, meaning that SEP holders are free to enter into a negotiation and to terminate it at any time. ALNG members only share necessary information, with no exchange of sensitive commerc...

News  Updated at: 2025/07/10

Stellantis’ Mobilisights partners with Hiboo, France for hardware-free fleet monitoring solution On July 9, Stellantis announced that its connectivity platform, Mobilisights has partnered with Hiboo, French based machine data platform, to offer smarter and easier vehicle management. Mobilisights provides vehicle data directly from Stellantis-connected cars, while Hiboo turns this data into useful insights for businesses. Through the partnership...

News  Updated at: 2025/07/10

GM repurposes Cruise robotaxi fleet to further develop autonomous tech On July 7, General Motors confirmed that it would accelerate development of GM's hands-free, eyes-off advanced driver assist system by “testing a limited number of Cruise Bolt vehicles on select highways in Michigan, Texas, and the San Francisco Bay Area” . The cars operate with safety drivers, which are trained personnel who can take over control of the vehicle if needed....

News  Updated at: 2025/07/10

premium subscription that adds advanced connectivity, control and convenience with a Wi-Fi hotspot, advanced remote operations, stolen vehicle tracking, drive alerts, voice assistant, connected navigation, and Alexa Built-in voice assistant. SiriusXM satellite radio and optional services like Hands-free Active Driving remain unchanged. The Connect ONE package is automatically included with delivery of a new vehicle. The optional Connect Wi-Fi PLU...

News  Updated at: 2025/07/10

. Daimler Truck is also working on a cultural shift under the motto “Simpler. Faster. Stronger.” This includes leaner structures, quicker decision-making, stronger accountability, and performance-based pay. By 2030, Daimler Truck aims to increase profitability, improve resilience, and increase free cash flow in its industrial business by 50%, ensuring continued strong returns to shareholders. The company’s 2030 financial goals include an a...

News  Updated at: 2025/07/09

ble adaptability to diversified loading requirements. Thanks to a Level 4 unmanned driving system with a WeRide in-house developed redundant sensor suite, the Robovan W5 accurately recognizes vehicles, traffic signals, pedestrians, and other traffic participants and maintains 360-degree, blind-spot-free, 24-hour, and all-weather perception. Multiple safety protection features, such as a redundant drive-by-wire chassis, a driving status monitoring...

News  Updated at: 2025/07/07

al effects, now benefits from the performance boost, scalability, and stability provided by QNX SDP 8.0. CGI Studio’s support for QNX SDP 8.0 empowers automotive manufacturers to design HMIs with advanced features, such as 3D graphics and multi-display capabilities, ensuring seamless, distraction-free interactions for drivers. The integration enables rapid prototyping and efficient implementation, speeding up time-to-market for new vehicle mode...

News  Updated at: 2025/07/04

VinFast, Vietnam offers free performance upgrade for Minio Green EV; Delivery delayed to December Announced on July 2, 2025, VinFast will upgrade the Minio Green’s battery and electrical system at no additional cost to customers. The battery capacity will increase from 15.2 kWh to 18.5 kWh, extending range from 170 km to 210 km (NEDC), while a system upgrade from 100V to 400V will reduce charging time (10% to 70%) to around 30 minutes and impro...

News  Updated at: 2025/07/03

d round of working-level technical discussions since the two countries agreed in late April to craft a trade package. During the talks last week, the U.S. mainly raised issues related to South Korea's non-tariff barriers, since South Korea already imposes nearly zero tariffs on U.S. imports under a free trade agreement. Issues of foreign exchange rates and defense costs are being discussed, the official said.  (multiple sources on June 30, 2025)...

News  Updated at: 2025/07/03

charger type and charging time. Once in the car, the system can adjust routes in real time based on driving style or weather, helping drivers stay informed and avoid running out of charge. CUPRA is also introducing new charging tariffs through the CUPRA Charging Service. These include four plans—Free, IONITY Flex, IONITY Pro, and Premium—offering different levels of access, pricing, and benefits such as Plug & Charge and discounts at IONITY ...

News  Updated at: 2025/07/02

ir (FOTA) updates, and smartphone integration. The VX2 Plus comes with a 4.3-inch TFT display, while the VX2 Go is equipped with a 4.3-inch LCD, both offering turn-by-turn navigation. With its pay-per-kilometre BaaS subscription model starting at INR 0.96/km, VIDA offers additional benefits such as free battery replacement if performance drops below 70% and access to its fast-charging network. Based on Hero MotoCorp's press release...

News  Updated at: 2025/07/02

Autoneum develops N-Join1 adhesive-free carpet to support automotive industry’s circular economy Autoneum Holding Ltd. (Autoneum) has developed the N-Join1 carpet, a latex- and adhesives- free product made from recycled materials to support the automotive industry’s shift toward a circular economy. The monomaterial carpet system is designed to provide driving comfort with optimal noise protection in the passenger cabin. It uses a unique singl...

News  Updated at: 2025/07/02

anetary gears and shafts adopt an anti-wear coating to ensure that the gears will not ablate even under harsh impact conditions, reducing vehicle usage costs. The EDA27 has a B10 lifetime of over 1 million kilometers. The use of low-viscosity long-cycle lubricating oil makes the product maintenance-free and, as a result, vehicle maintenance costs lower. (From a WLY press release dated June 26, 2025)...

News  Updated at: 2025/07/02

Autoworld to establish assembly plant for Bajaj motorcycles and three-wheelers in UAE On June 30, Jebel Ali Free Zone (Jafza) announced that Autoworld International FZCO, a leading regional distributor for India’s Bajaj Auto Ltd, is investing AED 45 million to develop a new logistics and distribution hub in Jafza, UAE. It will serve rapidly growing markets across Africa and the Middle East with affordable, fuel-efficient two- and three-wheelers...

News  Updated at: 2025/07/01

g appeals to automakers. -          Establish clear, explicit rebate policies. -          Shorten rebate redemption periods to no more than 30 days. -          No longer impose excessive restrictions on rebate redemption and use. Give rebates to dealers in cash and ensure free disposal. Do not set overly stringent assessment conditions for rebate redemption. From a CADCC press release...

News  Updated at: 2025/06/27

SSAB, Sweden partner with Polmotors, Poland to supply fossil-free steel for automotive components On June 26, SSAB entered into an agreement with Polmotors, a Tier automotive 1 supplier, for the future supplies of fossil-free steel for their structural automotive components and assemblies. The collaboration aims to explore the potential of fossil-free materials in tough automotive applications by combining SSAB’s expertise in low-carbon steel w...

News  Updated at: 2025/06/27

d. (Honda) for its Honda Sensing 360+, an all-directional safety and driver-assistance technology installed on the Honda Accord. The Honda Sensing 360+ is a system installed on an additional grade of the Accord released on May 30 in Japan. The system uses high-precision 3D map data to realize hands-free driving. DMP is a supplier of high-precision 3D map data, capable of accurately identifying the vehicle's position on a map, designed for advance...

News  Updated at: 2025/06/27

ls and is expected to be completed in Q4 2025. Since acquiring Pioneer in 2019, EQT has led a comprehensive transformation to regain financial strength and position the business for long-term growth. For the fiscal year ending March 2025, the Company delivered double digit EBITDA margins and strong free cash flow. EQT is a purpose-driven global investment organization. (From EQT press release and Pioneer press release dated June 26, 2025)...

News  Updated at: 2025/06/26