American Automotive Equipment

Toyota, Honda, GM finish 1-2-3; Nissan overtakes Ford in annual Supplier Working Relations Study Issued by Plante Moran

Retrieved on: 
Monday, May 22, 2023

DETROIT, May 22, 2023 /PRNewswire/ -- Results of the 23rd annual North American Automotive OEM - Supplier Working Relations Index® (WRI®) Study that evaluates the relations between US automakers and their suppliers were released today by Plante Moran.

Key Points: 
  • DETROIT, May 22, 2023 /PRNewswire/ -- Results of the 23rd annual North American Automotive OEM - Supplier Working Relations Index® (WRI®) Study that evaluates the relations between US automakers and their suppliers were released today by Plante Moran.
  • GM, Nissan and Stellantis improved their WRI® scores while Toyota and Honda dropped slightly, and Ford fell significantly.
  • Nissan took over fourth place from Ford which dropped 23 points – the largest drop by an OEM this year.
  • However, this year Stellatis and Nissan made statistically significant gains, as did GM, but Honda and Toyota were down slightly, and Ford, substantially.

Aruna Anand Appointed New President and CEO of Continental Automotive North America

Retrieved on: 
Monday, November 21, 2022

Leading technology company Continental today announced that Aruna Anand has been named the new President and Chief Executive Officer of Continentals Automotive group sector in North America, effective December 1.

Key Points: 
  • Leading technology company Continental today announced that Aruna Anand has been named the new President and Chief Executive Officer of Continentals Automotive group sector in North America, effective December 1.
  • View the full release here: https://www.businesswire.com/news/home/20221121005768/en/
    A 25-year veteran of the Automotive industry, Aruna Anand was recently named the new North American President and CEO of Continentals Automotive Group Sector.
  • Aruna brings an outstanding combination of experience and talent to the President and CEO Automotive North America position, said Nikolai Setzer, CEO, Continental AG.
  • It is an honor to be selected as Automotive President and CEO for North America, Anand said.

Latin American Automotive eCommerce Vendor Benchmark Report 2022: Autoland, Car One, Carbula, Creditas Auto, Curbo, iCarros, Karvi, Kavak, Mercado Libre, OLX Group, Webmotors - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 8, 2022

The "Frost RadarT: Latin American Automotive eCommerce, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Frost RadarT: Latin American Automotive eCommerce, 2022" report has been added to ResearchAndMarkets.com's offering.
  • The document presents competitive profiles on each of the companies based on their strengths, opportunities, and market positioning.
  • Considered in the growth stage, eCommerce for new and used vehicles in the region is slowly gaining more participants.
  • In a field of more than 20 regional industry participants, the publisher independently plotted the top 11 companies in this analysis.

North American Automotive Human-Machine Interface (HMI) Growth Opportunities: Electrification and Autonomous Future Widen Revenue Stream Possibilities with Video Entertainment and Gaming Integrations - ResearchAndMarkets.com

Retrieved on: 
Monday, September 5, 2022

The "North American Automotive Human-Machine Interface (HMI) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North American Automotive Human-Machine Interface (HMI) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • Consumer interaction with in-vehicle infotainment systems started with a mere hard button and rotary dial system interface but now includes advanced features such as touch screen, voice recognition, and even gesture control.
  • The research also provides data on the market penetration of various infotainment systems across these OEMs, followed by an evaluation of the HMI features in top OEM portfolios.
  • What are the growth opportunities for OEMs in the automotive HMI market?

North American Automotive Human-Machine Interface (HMI) Market Report 2022 with Feature, Pricing and Share Analysis of Audi, BMW, Chevrolet, Ford, Honda, Lexus, Mercedes-Benz, Nissan, Tesla, Toyota

Retrieved on: 
Thursday, August 4, 2022

DUBLIN, Aug. 4, 2022 /PRNewswire/ -- The "North American Automotive Human-Machine Interface (HMI) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 4, 2022 /PRNewswire/ -- The "North American Automotive Human-Machine Interface (HMI) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • The research also provides data on the market penetration of various infotainment systems across these OEMs, followed by an evaluation of the HMI features in top OEM portfolios.
  • Consumer interaction with in-vehicle infotainment systems started with a mere hard button and rotary dial system interface but now includes advanced features such as touch screen, voice recognition, and even gesture control.
  • What are the growth opportunities for OEMs in the automotive HMI market?

Toyota, Honda finish 1-2; General Motors finishes at 3rd in annual Supplier Working Relations Study

Retrieved on: 
Monday, May 23, 2022

DETROIT, May 23, 2022 /PRNewswire/ -- Results of the 22nd annual North American Automotive OEM - Supplier Working Relations Index (WRI) Study were released today by Plante Moran.

Key Points: 
  • DETROIT, May 23, 2022 /PRNewswire/ -- Results of the 22nd annual North American Automotive OEM - Supplier Working Relations Index (WRI) Study were released today by Plante Moran.
  • Like quality, it is "everyone's" job, and poor supplier relations often indicates structural and process problems at the OEM.
  • Now in its 22nd year, the 2022 North American Automotive OEM-Tier 1 Supplier Working Relations Index Study was conducted by Plante Moran from mid-February to mid-April.
  • The annual study tracks supplier perceptions of working relations with their automaker customers in which they rate them across the eight major purchasing areas broken downinto 20 commodity areas.

SoundHound Announces Closing of Business Combination

Retrieved on: 
Wednesday, April 27, 2022

SoundHound AI, Inc. (SoundHound), a global leader in voice artificial intelligence (voice AI) today announced the completion of the previously announced business combination (the Business Combination) between SoundHound Inc. and Archimedes Tech SPAC Partners Co. (Archimedes), a special purpose acquisition company.

Key Points: 
  • SoundHound AI, Inc. (SoundHound), a global leader in voice artificial intelligence (voice AI) today announced the completion of the previously announced business combination (the Business Combination) between SoundHound Inc. and Archimedes Tech SPAC Partners Co. (Archimedes), a special purpose acquisition company.
  • Upon closing of the Business Combination, the previously-trading units and subunits of Archimedes ceased to trade and were separated into their component parts.
  • As a result of the Business Combination, SoundHound has received significant proceeds to fund its accelerating new client-acquisition and expansion plans.
  • Upon closing of the Business Combination, Dr. Eric Ball, former Chairman of Archimedes, joined SoundHounds Board of Directors.

SoundHound Inc. Named Frost & Sullivan Best Practices Company of the Year in Automotive Voice AI

Retrieved on: 
Tuesday, December 7, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211207005360/en/
    This Year's Best Practices Company of the Year in the North American Automotive Connected Voice Assistance Industry Award goes to SoundHound Inc. (Graphic: Business Wire)
    According to Frost & Sullivan, the Best Practices Company of the Year Award is reserved for companies at the forefront of innovation and growth in their respective industries.
  • In this context, SoundHound Inc.s recognition signifies an even greater accomplishment," said Darrell Huntsman, CEO, Frost & Sullivan.
  • The constantly expanding 100+ content domains, AI integration, and the flexibility of voice access with or without internet connection are add-on reasons for OEMs to consider SoundHound's voice AI solutions."
  • The SoundHound Voice AI platform currently processes over 100 million queries per month across the companys ecosystem of product partnerships.

Leading AI Chipmaker Hailo Raises $136 Million to Expand Edge AI Solutions as Global Demand Surges

Retrieved on: 
Tuesday, October 12, 2021

TEL AVIV, Israel, Oct. 12, 2021 /PRNewswire/ -- Leading AI (Artificial Intelligence) chipmaker Hailo today announced it has raised $136 million in a Series C funding round led by Poalim Equity and Gil Agmon.

Key Points: 
  • TEL AVIV, Israel, Oct. 12, 2021 /PRNewswire/ -- Leading AI (Artificial Intelligence) chipmaker Hailo today announced it has raised $136 million in a Series C funding round led by Poalim Equity and Gil Agmon.
  • In light of ever-expanding demand, Hailo has been consistently expanding its product line, recently launching both its M.2 and Mini PCIe high-performance AI acceleration modules for empowering edge devices.
  • In addition, Hailo recently announced a partnership with Macnica , a leading global semiconductor distributor in Japan.
  • Hailo, an AI-focused, Israel-based chipmaker, has developed a specialized Artificial Intelligence (AI) processor that delivers the performance of a data center-class computer to edge devices.

Caribbean and Central American Automotive OEM, Dealership, Aftermarket Strategy and Growth Opportunities 2021 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, September 29, 2021

The "Select Caribbean and Central American Automotive OEM, Dealership, Aftermarket Strategy, Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Select Caribbean and Central American Automotive OEM, Dealership, Aftermarket Strategy, Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • This research service analyzes the performance of light vehicle automotive segment and dealership activities based on the prevailing conditions in select Central American and Caribbean markets, such as Puerto Rico, Panama, Jamaica, Costa Rica, Dominican Republic, Guatemala, and El Salvador.
  • This research service considers how markets have evolved and provide a snapshot of the current landscape and its impact on dealers' business growth.
  • Puerto Rico - Light Vehicle Sales Outlook, 2027
    Panama - Light Vehicle Sales Outlook, 2027
    Jamaica - Light Vehicle Sales Outlook, 2027
    Costa Rica - Light Vehicle Sales Outlook, 2027
    Dominican Republic - Light Vehicle Sales Outlook, 2027
    Guatemala - Light Vehicle Sales Outlook, 2027
    El Salvador - Light Vehicle Sales Outlook, 2027
    Growth Opportunity - Focus on Parts, Service, EVs, and SUV for Higher Automotive Revenue
    ResearchAndMarkets.com is the world's leading source for international market research reports and market data.