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[Industry Archives - ViewusGlobal

#industry (186 Posts)

  • Porsche Enhances Battery Production Capabilities with Acquisition of V4Drive Porsche acquires V4Drive to enhance battery production for EVs, addressing safety concerns and reducing supplier dependence.
  • Kia’s EV3: A New Approach to Pricing or Just a Price Hike in Disguise? Kia's 2025 EV3 model faces backlash for removing standard features, forcing buyers into costly packages, sparking consumer frustration.
  • Kia’s EV9 Recalled in the U.S. Over Powertrain Concerns Kia recalls 342 EV9 units in the U.S. due to a powertrain defect, raising concerns about reliability and driving safety.
  • Kia Thrives in India: Sales Up 23.8% with Syros Leading the Charge Kia's sales in India surged by 23.8%, driven by strong demand for the new Syros SUV and plans to capture 20% of the local market.
  • Toyota Takes Action to Offset Rising Labor Costs for Its Parts Suppliers Toyota will support its suppliers by factoring increased labor costs into delivery prices, aiming to boost wages across its supply chain.
  • Kia Reports 4.5% Growth in Global Sales for February, Led by Sportage Kia's February sales grew 4.5% domestically and 4.4% internationally, led by the Sportage and boosted by new models.
  • BMW Prepares for All-Electric Future with Neue Klasse Production Starting in 2026 BMW will start producing its next-gen electric vehicle, Neue Klasse, in Munich by 2026, transitioning to all-electric by 2027.
  • Hyundai and Kia Break Sales Records in the U.S. with Strong February Performance Hyundai and Kia set new sales records in February, driven by strong hybrid and electric vehicle sales, marking five months of growth.
  • BMW's Next-Gen EV: The Bold New i3 Touring Concept Revealed BMW's virtual i3 Touring, part of the Neue Klasse initiative, showcases innovative design and advanced EV technology for enhanced performance.
  • Volkswagen ID.4 Is Back in the Race—And It’s Selling Fast in January Volkswagen's ID.4 gains traction in the US, ranking third in EV sales, with hopes to sell 60,000 units in 2024 after a sales drop.
  • Tesla Plans Software Update for Model S and Model X by Year-End Tesla plans to update Model S and Model X software by year-end, but sales have lagged amid rising competition in luxury EVs.
  • Chevrolet Trax Shines as GM Korea's Top Export, But Will U.S. Tariffs Threaten Its Success? The Chevrolet Trax excels in global markets, raising concerns about U.S. auto tariffs impacting GM Korea's exports and competitiveness.
  • Volvo Under Fire in China After Customers Find Fake Parts in Premium S60 Models Volvo faces backlash in China over counterfeit audio systems in S60 models, damaging brand trust amid declining sales.
  • Kia Issues Major Recall: Over 76,000 Cars Affected by Safety Flaw South Korea recalls 76,382 vehicles, including Kia Niro, due to a design flaw affecting airbag deployment and passenger safety.
  • Tesla Faces Heightened Competition from China’s EV Giants Mirae Asset Securities report warns Tesla faces rising competition in China, highlighting Xiaomi's rapid EV growth.
  • Ugly or Just Practical? Sinotruck's Bolden S7 and S6 Pickup Trucks Unveiled Chinese automakers are disrupting the global market with affordable, high-performance vehicles like Sinotruk's Bolden S7 and S6 models.
  • Charging Troubles for Hyundai IONIQ 5 at Tesla Superchargers: Here’s Why Hyundai's 2025 IONIQ 5 faces charging compatibility issues with Tesla's Supercharger due to port location and cable length limitations.
  • Geely’s New Hybrid SUV Galaxy L7 EM-i: A Stylish, High-Tech Vehicle with Impressive Mileage Geely's Galaxy L7 EM-i hybrid SUV offers competitive pricing, impressive range, and modern design, set to disrupt the market.
  • Polestar 4 Takes Home ‘Design of the Year’ at Korea’s 2025 Car Awards The Polestar 4 won Design of the Year at the 2025 Korea Car of the Year awards, praised for its innovative and sustainable design.
  • Audi Adapts Flexible EV Strategy Amid Growing Competition in Luxury Market Audi shifts focus to luxury by phasing out entry-level models and raising prices, aiming to redefine its brand in a competitive market.
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