EV Registrations Increase by 5% in October, Boosted by Legacy Brands Despite Tesla Decline
EV Registrations See 5% Increase in October, Driven by Legacy Brands Electric vehicle (EV) registrations in October 2024 rose by 5%, driven by strong gains from legacy car brands. Despite a decline in Tesla sales, traditional automakers are showing resilience in the growing EV market. The shift towards electric mobility continues to accelerate, as established
GM Shifts Focus from Robotaxis to Efficiency for Greater Impact
GM Shifts Focus from Robotaxis to Efficiency for Greater Impact General Motors (GM) has decided to refocus its strategy by shifting its attention away from robotaxis. The automaker, once heavily invested in autonomous vehicle technology, has now placed greater emphasis on achieving operational efficiency. This move marks a significant pivot in GM’s long-term plans as
Volkswagen Board Opposes Closing Major Plants in Germany, Reports Reveal
Volkswagen Board Opposes Closing Major Plants in Germany Volkswagen’s board has reportedly decided against shutting down major manufacturing plants in Germany. This decision comes amid ongoing challenges in the automotive industry, where many manufacturers are under pressure to streamline operations. The company’s management team has been exploring cost-saving measures but is now leaning toward preserving
Hyundai Motor America Reshapes U.S. Sales Strategy, Appoints New Sales Leader
Hyundai Motor America has revamped its sales organization with the appointment of a new sales chief. This change signals Hyundai’s commitment to adapting to shifting market demands and enhancing its operations in the U.S. By streamlining processes, Hyundai aims to improve efficiency and stay competitive in the fast-changing automotive industry. The company is focused on
GM and Barra Face Major Challenges in China’s Auto Market
General Motors (GM) and its CEO, Mary Barra, are facing a crucial turning point in China. The world’s largest car market is no longer the promising frontier it once was for the American automaker. As GM and Barra look to solidify their position in China, they are confronted with mounting challenges that could redefine their
BMW Group Leads ERP Transformation with Cloud Migration Using Factory Model
BMW ERP transformation is making significant progress as the company works to modernize its business processes. By adopting a “migration factory” approach, BMW is moving its ERP systems to the cloud. This shift is crucial for improving operational efficiency and positioning the company for future growth. Why Cloud Migration Matters: Cloud migration has become essential
Hyundai Issues Recall for Over 226,000 Vehicles in U.S. Over Defective Rearview Cameras
In a significant move to ensure safety, Hyundai has issued a recall for more than 226,000 vehicles in the United States. This action is prompted by a critical safety issue related to the rearview cameras in affected models. Hyundai’s recall comes after reports that the rearview cameras may fail to display the image, potentially increasing
EV Tax Credit Impact on Car Purchases: Trump’s Proposal to Ax It May Change Buying Trends
EV Tax Credit Removal Could Shift Car Buying Trends More Than Price The ongoing debate around electric vehicle (EV) incentives has gained traction, especially with former President Donald Trump’s recent suggestion to eliminate the EV tax credit. This proposal has sparked concerns that the removal of this incentive could have a more significant impact on
Mitsubishi Year-End Promo at GJAW 2024
Mitsubishi End of Year Hunting Promo at GJAW Mitsubishi is bringing excitement to the GJAW (Gaiikindo Jakarta Auto Week) event with their exclusive year-end hunting promo. Whether you’re looking for a reliable family car or a dynamic vehicle for adventures, this is the perfect opportunity to own a Mitsubishi with special offers. 1. What is
What Happens if 12 Percent VAT Applies to the Automotive Sector?
The proposal to implement a 12 percent VAT on the automotive sector has sparked debates among industry players and consumers. Here’s a breakdown of the possible effects this policy could have. 1. Increase in Vehicle Prices One immediate effect of 12 percent VAT on the automotive sector would be a rise in vehicle prices. Manufacturers