Volkswagen

2023 Competitive Analysis of OEM Investments in Vehicle Electrification Featuring BMW, Ford, GM, Honda, Hyundai-Kia, Mercedes-Benz, Nissan, Stellantis, Tesla, Toyota, and VW - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 5, 2023

The "Competitive Analysis of Original Equipment Manufacturer (OEM) Investments in Vehicle Electrification" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Competitive Analysis of Original Equipment Manufacturer (OEM) Investments in Vehicle Electrification" report has been added to ResearchAndMarkets.com's offering.
  • The report projection indicates that the global EV market will record over 44% year-on-year unit sales growth in 2023.
  • OEMs have been rushing to gain a share of the competitive EV market through fresh launches and extensive investments for future growth.
  • Top EV OEMs BYD, Tesla, and Volkswagen will sell 5.7 million EVs in 2023, up from 4 million in 2022.

Haig Partners Serves as Exclusive Sell-Side Advisor on the Sale of Vic Bailey Automotive in Spartanburg, SC

Retrieved on: 
Monday, December 4, 2023

Haig Partners LLC , a leading buy-sell advisory firm to higher-value auto dealers, served as the exclusive sell-side advisor to Vic Bailey III and his family on the sale of Vic Bailey Automotive, located in Spartanburg, SC, to Hudson Automotive Group.

Key Points: 
  • Haig Partners LLC , a leading buy-sell advisory firm to higher-value auto dealers, served as the exclusive sell-side advisor to Vic Bailey III and his family on the sale of Vic Bailey Automotive, located in Spartanburg, SC, to Hudson Automotive Group.
  • The sale included all five of Vic Bailey Automotive’s dealerships, including Vic Bailey Honda, Subaru, Ford-Lincoln, Mazda, and Volkswagen.
  • Vic Bailey Automotive, a second-generation, family-owned-and-operated business, has served the greater Spartanburg and Greenville, SC region for over 54 years.
  • Vic Bailey Jr. and later his son, Vic Bailey III, have played pivotal roles in establishing and growing the business into one of the leading automotive groups in South Carolina.

Herman Cook Volkswagen Releases Valuable 2024 Model Research Pages for the High-Performance 2024 Golf R and Jetta GLI

Retrieved on: 
Friday, December 15, 2023

ENCINITAS, Calif., Dec. 15, 2023 /PRNewswire-PRWeb/ -- Thrill-seekers and performance enthusiasts, brace yourselves! Herman Cook Volkswagen in Encinitas, CA, is thrilled to unveil its latest additions: the 2024 Jetta GLI and Golf R. The dealership proudly presents detailed research pages, shining a spotlight on these turbocharged wonders.

Key Points: 
  • As part of its commitment to customer satisfaction, Herman Cook Volkswagen, a leading vehicle dealership in Encinitas, CA, announces the addition of new research pages to its website.
  • Herman Cook Volkswagen in Encinitas, CA, is thrilled to unveil its latest additions: the 2024 Jetta GLI and Golf R. The dealership proudly presents detailed research pages, shining a spotlight on these turbocharged wonders.
  • Herman Cook Volkswagen invites enthusiasts and those seeking high-performance vehicles to explore the dynamic research pages dedicated to the 2024 Jetta GLI and Golf R.
    At the core of the Golf R lies a turbocharged 2.0-liter inline-four-cylinder engine, exuding dominance on the roads with its sheer power.
  • Herman Cook Volkswagen invites enthusiasts and those seeking high-performance vehicles to explore the dynamic research pages dedicated to the 2024 Jetta GLI and Golf R. These pages provide in-depth insights into the power, technology, and design behind these remarkable vehicles.

MOTORTREND CELBRATES DIAMOND ANNIVERSARY WITH CALL TO VOTE FOR THE SINGLE MOST ICONIC VEHICLE OF THE PAST 75 YEARS

Retrieved on: 
Tuesday, December 12, 2023

LOS ANGELES, Dec. 12, 2023 /PRNewswire/ -- MotorTrend Group, a Warner Bros. Discovery company, today announced the brand's year-long celebration of a momentous 75th anniversary year in 2024. Kicking off with a public call to vote on the most legendary vehicle in the MotorTrend 75 Icons program, the celebration continues with special-edition collectibles, 75th anniversary merchandise, and the historically significant release of MotorTrend's full archives in digital format for the first time ever.

Key Points: 
  • As MotorTrend approaches its Diamond Anniversary, the media company and automotive industry leader is pulling out all the stops to honor its history.
  • MotorTrend's editorial team has meticulously selected 10 of the most iconic vehicles from the past 75 years, naming them 'MotorTrend 75 Icons'.
  • Now, MotorTrend invites the public to determine the single most iconic vehicle from the past 75 years, inviting active participation in this historic celebration.
  • For a limited time, MotorTrend is making the entire archive freely available to the public to celebrate the Diamond Anniversary.

ev.energy bolsters leadership team with four strategic appointments

Retrieved on: 
Monday, December 11, 2023

LONDON, Dec. 11, 2023 /PRNewswire/ -- ev.energy, the leading electric vehicle (EV) smart charging software platform, has announced four leadership appointments to end the year:

Key Points: 
  • ev.energy also supported 3,300 EV flexibility events to enhance grid stability and utilize cheaper, cleaner energy sources.
  • A cleantech industry veteran, Tanuj Deora, brings two decades of experience in business development, strategy, and policy to his new role at ev.energy.
  • Nick Woolley, CEO of ev.energy, comments: "2023 has been a year of growth for ev.energy.
  • It's a privilege to be growing ev.energy with such talented people: I can't wait to see the impact they deliver in 2024."

Electric Motorcycle Market size to grow by USD 109.78 billion from 2022 - 2027| The increase in demand for e-motorcycles to drive the market growth- Technavio

Retrieved on: 
Wednesday, December 6, 2023

The market size is set to grow by USD 109.78 billion between 2022 and 2027 and register a CAGR of 24.05%.

Key Points: 
  • The market size is set to grow by USD 109.78 billion between 2022 and 2027 and register a CAGR of 24.05%.
  • Buy the full report
    The increase in demand for electric motorcycles is significantly driving the growth of the e-motorcycles market.
  • In recent years, there has been a significant rise in the demand for electric motorcycles and similar environmentally friendly alternatives.
  • High-performance Electric Motorcycle Market : The high-performance electric motorcycle market size is estimated to grow at a CAGR of 9.65% between 2022 and 2027.

Mobility-as-a-Service Market to grow at a CAGR of 33.84% by 2027, The increase in the use of smart connected devices is notably driving market growth - Technavio

Retrieved on: 
Tuesday, December 5, 2023

The increase in the use of smart connected devices is notably driving market growth.

Key Points: 
  • The increase in the use of smart connected devices is notably driving market growth.
  • The number of connected devices is increasing and is making it difficult to manage, monitor, and maintain the devices for organizations.
  • High bandwidth is needed to connect multiple devices to transfer data between servers and smart devices.
  • Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.

Hyundai Mobis Establishes 'Uiwang Electrification Research Center'

Retrieved on: 
Tuesday, December 5, 2023

The newly established Hyundai Mobis Electrification Research Center serves as a comprehensive research center for developing core electrification components, including research and development, testing, performance evaluation, and quality analysis.

Key Points: 
  • The newly established Hyundai Mobis Electrification Research Center serves as a comprehensive research center for developing core electrification components, including research and development, testing, performance evaluation, and quality analysis.
  • With the establishment of this specialized research institute, Hyundai Mobis now operates dual research bases in Korea; Mabuk R&D Center and Uiwang R&D Center.
  • With the establishment of the Electrification Research Center, Hyundai Mobis plans to expand its pool of specialized research personnel continuously.
  • The Electrification Research Center is poised to become a key research center in global electrification technology development, harnessing the synergy of these talented individuals in an optimal research environment.

ZKW expands site in Mexico by a further 100 million euros

Retrieved on: 
Monday, December 4, 2023

ZKW is investing more than 100 million euros (1.880 billion Mexican pesos) in Silao with the third plant expansion.

Key Points: 
  • ZKW is investing more than 100 million euros (1.880 billion Mexican pesos) in Silao with the third plant expansion.
  • With the current plant expansion and the next expansion plan until 2025, ZKW is investing more than 100 million euros at the Silao site.
  • The company currently employs 1,658 people in Mexico, who produce high-quality lighting systems for numerous car manufacturers in the USA and Mexico.
  • By 2026, ZKW México plans to produce around 4.5 million headlights per year with up to 4,000 employees," explains Dominique Boulegue, General Plant Manager ZKW México.

13 Million Reviews Don't Lie: Cars.com Reveals Top Automakers With the Best Reputation

Retrieved on: 
Thursday, November 30, 2023

CHICAGO, Nov. 30, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce"), an audience-driven technology company empowering the automotive industry, today revealed the major automotive brands that have the best reputation amongst consumers. The results were determined using data from the company's exclusive Experience Report, which analyzes consumer reviews on its marketplace about dealerships nationwide. In an era where online reviews significantly influence consumer decisions on what and where to buy, the Experience Report delivers insights into both strong and underperforming areas that impact a dealership's reputation.

Key Points: 
  • The results were determined using data from the company's exclusive Experience Report, which analyzes consumer reviews on its marketplace about dealerships nationwide.
  • In an era where online reviews significantly influence consumer decisions on what and where to buy, the Experience Report delivers insights into both strong and underperforming areas that impact a dealership's reputation.
  • "Based on the 13 million consumer-submitted reviews on Cars.com,1 we're able to provide data-driven insights — across brands, dealership groups and down to the individual dealer level — about strengths and gaps in the retail experience.
  • It factors in recent reviews more heavily, with those garnering fewer than five reviews in a 24-month span marked as "Not Yet Rated."