Sport utility vehicle

IAA Expands Inspection Services Platform with Undercarriage Images

Retrieved on: 
Thursday, December 15, 2022

IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of undercarriage photo services within its Inspection Services platform.

Key Points: 
  • IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of undercarriage photo services within its Inspection Services platform.
  • Providers will receive 10 standard images through IAAs CSAToday inventory management system, which will include multiple views showing the vehicles entire undercarriage.
  • This undercarriage image service can be added to any level of inspection services or as a separate request.
  • As the industry leader in this space, we are excited to add undercarriage imaging to our Inspection Services platform to deliver further value to our customers.

The Worldwide Automotive Differential Industry is Projected to Reach $23.7 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 15, 2022

Passenger cars registered the largest market share in the global automotive differential market owing to the rising production of passenger cars in developing countries such as India, China, and Thailand.

Key Points: 
  • Passenger cars registered the largest market share in the global automotive differential market owing to the rising production of passenger cars in developing countries such as India, China, and Thailand.
  • In line with this, the demand for open differential and advanced differentials market would also grow for the passenger cars segment.
  • Open Differential hold the largest share in the automotive differential market.
  • Open differential is the simplest form of differential which transmits the equal torque to each wheel of the two wheels.

California’s greenhouse gas emissions plunged amidst pandemic restrictions, but climate gains may not hold

Retrieved on: 
Wednesday, December 14, 2022

Californias greenhouse gas emission fell a remarkable 8.7% in 2020 amidst pandemic-induced economic disruptions and travel restrictions.

Key Points: 
  • Californias greenhouse gas emission fell a remarkable 8.7% in 2020 amidst pandemic-induced economic disruptions and travel restrictions.
  • Californias return on climate investments has been striking, said Patrick Adler, research manager at Beacon Economics.
  • Emissions from Californias in-state electricity generation increased by 6.3% in 2020, due to increased reliance on natural gas power plants.
  • We need to take both the source of emissions, and the root cause of climate change, of this crisis seriously.

Global Light Vehicle Markets, 2021-2022 & 2027 with Focus on Premium Vehicles - Analysis by Vehicle Type, Fuel Type, & Region Size - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 14, 2022

The "Global Light Vehicle Market with Focus on Premium Segment: Analysis By Vehicle Type, By Fuel Type, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Light Vehicle Market with Focus on Premium Segment: Analysis By Vehicle Type, By Fuel Type, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027" report has been added to ResearchAndMarkets.com's offering.
  • Light vehicles, according to the International Organization of Motor Vehicle Manufacturers, comprise passenger cars and light commercial vehicles.
  • The SUV segment held almost half of the share of the global premium light vehicle market production in 2021.
  • Asia Pacific accounted for the largest share of more than 56% in the global light vehicle market production in 2021.

The Worldwide SUV Industry is Expected to Reach $1,221 Billion by 2027 at a 5.11% CAGR - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 14, 2022

The global SUV Market was valued at USD 827 billion in 2021 and is expected to reach 1,221.7 billion by 2027, at a CAGR 5.11% from 2022-2027.

Key Points: 
  • The global SUV Market was valued at USD 827 billion in 2021 and is expected to reach 1,221.7 billion by 2027, at a CAGR 5.11% from 2022-2027.
  • SUV (Sports Utility Vehicle) is defined as a kind of a passenger vehicle or suburban utility vehicle classified as a light truck, but used as a family vehicle.
  • The major factors leading to the increasing growth of the SUV market is the need for premium vehicles in the advanced nations and the rise in acceptance for SUV.
  • Also, constant maintenance expenses and high insurance rates are projected to challenge the sport utility vehicle market in the forecast period of 2027.

KIA TELLURIDE, SELTOS AND SPORTAGE PHEV WIN 2023 KELLEY BLUE BOOK BEST BUY AWARDS

Retrieved on: 
Friday, December 16, 2022

IRVINE, Calif., Dec. 16, 2022 /PRNewswire/ -- The Kia Telluride, Seltos and Sportage Plug-in Hybrid sport-utility vehicles have been announced as category winners of the 2023 Kelley Blue Book Best Buy Awards. This is the fourth consecutive year that Telluride has been named as Best 3-Row Midsize SUV and the third year in a row that Seltos has been recognized as Best Subcompact SUV. The Sportage PHEV, in its first year of production, has been named the winner of the Plug-in Hybrid Vehicles category by the editors of Kelley Blue Book.

Key Points: 
  • Kia SUVs recognized for value, design, safety features and technology
    IRVINE, Calif., Dec. 16, 2022 /PRNewswire/ -- The Kia Telluride, Seltos and Sportage Plug-in Hybrid sport-utility vehicles have been announced as category winners of the 2023 Kelley Blue Book Best Buy Awards.
  • The Sportage PHEV, in its first year of production, has been named the winner of the Plug-in Hybrid Vehicles category by the editors of Kelley Blue Book.
  • "It is an honor to see three Kia SUVs recognized as category winners and repeat category winners by the expert editorial staff at Kelley Blue Book."
  • The editors of Kelley Blue Book acknowledged that the refreshed 2023 Telluride has a "stacked roster of standard safety features and convenience equipment and it's an excellent value."

AAM Displays Advanced Electrification Solutions at First Ever CES Exhibit

Retrieved on: 
Thursday, December 15, 2022

"AAM has a very important story to tell regarding its leadership in advanced mobility," said David C. Dauch, AAM Chairman and Chief Executive Officer.

Key Points: 
  • "AAM has a very important story to tell regarding its leadership in advanced mobility," said David C. Dauch, AAM Chairman and Chief Executive Officer.
  • "There is no better place to tell that story than at CES, where OEMs come to find technology partners and innovative solutions.
  • Many of these products, including 3-in-1 electric drive units and fully integrated e-Beam axles, will be on display at the AAM exhibit at CES.
  • Headquartered in Detroit with nearly 80 facilities in 17 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow.

VINFAST OPENS FOUR MORE STORES IN CALIFORNIA

Retrieved on: 
Thursday, December 15, 2022

LOS ANGELES, Dec. 14, 2022 /PRNewswire/ -- VinFast announced the opening of four more VinFast stores in Los Angeles and Orange County.

Key Points: 
  • LOS ANGELES, Dec. 14, 2022 /PRNewswire/ -- VinFast announced the opening of four more VinFast stores in Los Angeles and Orange County.
  • The four VinFast Stores are located in popular and highly trafficked shopping centers.
  • VinFast Canoga Park, VinFast Irvine Spectrum, and VinFast Marina Del Rey opened on December 14 and VinFast Del Amo Fashion Center will open later this month.
  • Ms. Giang Nguyen, CEO of VinFast USshared: "We are proud to open four more VinFast stores in California, rapidly expanding our retail system to bring direct product experiences to customers and meet their vehicle needs.

2023 Predictions: Edmunds Experts Forecast 14.8 Million New Vehicles Will Be Sold in New Year

Retrieved on: 
Wednesday, December 14, 2022

SANTA MONICA, Calif., Dec. 14, 2022 /PRNewswire/ -- The car shopping experts at Edmunds expect pent-up consumer demand and rising inventory levels to support new vehicle sales, forecasting that 14.8 million new cars will be sold in 2023. The forecast, drawn from Edmunds data, represents a 7% increase from their estimate of 13.8 million new vehicle sales in 2022.

Key Points: 
  • The forecast, drawn from Edmunds data, represents a 7% increase from their estimate of 13.8 million new vehicle sales in 2022.
  • Edmunds experts note that the drop in price is concentrated across larger trucks, SUVs and luxury vehicles, whereas there is still increased demand for lower-priced mainstream vehicles.
  • Edmunds data reveals that lease penetration fell to 17.4% in November 2022 compared to 28.3% in November 2019, and Edmunds experts expect the gap to continue widening.
  • Regarded as one of America's best workplaces by Fortune, Great Place to Work and Built In, Edmunds is based in Santa Monica, California.

HiBid Nears $65M in Auction Sales in Last Week's Holiday Shopping; Antique and Contemporary Furniture, Golf Carts, and More Now Open for Bidding

Retrieved on: 
Tuesday, December 13, 2022

Get into the holiday spirit with thousands of items currently open for bidding.

Key Points: 
  • Get into the holiday spirit with thousands of items currently open for bidding.
  • Nearly 670,000 lots were sold by HiBid's sellers between December 5th and 11th in 1,568 online-only and live webcast auctions.
  • HiBid logged $64.7 million in gross auction proceeds for the week with an average of 1.74 million bids per day.
  • HiBid is fully integrated with Auction Flex 360 , providing auctioneers with a comprehensive auction management solution that supports internet-only auctions, webcast auctions, and absentee bidding.