Amsterdam, July 15 – TomTom, the renowned expert in location technology, has announced the cancellation of its previously set revenue target for 2025 amidst subdued demand in the automotive sector. The company has also revised its earnings outlook for the current year downward, citing significant impacts from sluggish demand in the new car market on […]
According to foreign media reports, the commercial vehicle manufacturer MAN (MAN Truck & Bus) has announced the launch of an assistance system: the intelligent MAN SafeStop Assist for intercity buses and coaches, which will help prevent such accidents in the future. In the event of an emergency, the […]
Brembo, the global leader in braking systems, has announced a further investment in advanced connected mobility solutions with the acquisition of a partial stake in Spoke Safety, a US start-up focused on developing digital communication technologies for use between vehicles and the road ecosystem, according to a media report. […]
As electric vehicles (EVs) continue to gain popularity globally, a significant shortage of qualified EV technicians has emerged. According to recent reports, this shortage is not only affecting automotive manufacturers and service centers but also having a detrimental impact on consumer after-sales service. Experts highlight that the complex electric systems and powertrain of EVs require […]
Vietnamese automaker VinFast said the opening of its electric car plant in the US state of North Carolina will be delayed by three years, to 2028 from 2025 as originally planned, Bloomberg reported. In a statement, VinFast said the […]
The 14th China Automotive Forum (CAF), hosted by China Association of Automobile Manufacturers (CAAM), was held from 11th to 13th July, 2024 in Jiading, Shanghai. With the theme of “Leading New Changes, Winning New Future”, the Forum set up a number of meetings and supporting activities such as the […]