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SiriusXM buying connected vehicle unit of Agero for $530M

Green Car Congress

Following the acquisition, SiriusXM will provide connected vehicle services to more automotive manufacturers—including Acura, BMW, Honda, Hyundai, Infiniti, Lexus, Nissan and Toyota—than any other telematics provider. for $530 million in cash.

Connect 186
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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. it is based on what customers buy rather than on what automakers produce. —Auto Alliance.

Maryland 207
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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52
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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. This created quite a ruckus in the global auto industry. per cent growth over 39 lakh units registered in 2022.

India 52
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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.

Global 218
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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

The role of emotion in buying cars. Would you buy this vehicle? Miller adds “ In the US we’ve had customers talk about the Prius ‘badge of honor’, in Europe the strongest reason for buying a Prius was to make a statement about ‘the effort to do something else. Not exactly a value proposition.

Market 170