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Cox Automotive enhances Dealertrack Synthetic ID fraud alert with Equifax technology
Two of the larger industry service providers — Cox Automotive and Equifax — now are working together to tackle what might be the most difficult challenge — eradicating fraud. News about an enhancement of the Dealertrack compliance solution through the addition of a new synthetic ID fraud indicator already is being welcomed by dealerships. David…
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Attron Automotive reveals electric motors and controllers
Attron Automotive, a startup in the electric vehicle (EV) sector, introduced its new advanced electric motors and controllers at the Bharat Mobility Global Expo 2024, which took place in New Delhi February 1-3. The unveiling ceremony was led by Shri Arvind Kumar, director general of the Ministry of Electronics and Information Technology’s Software Technology Parks…
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BMW and Dassault Systèmes forge partnership for advanced engineering platform
Dassault Systèmes and BMW Group have formed a partnership to develop BMW’s future engineering platform featuring Dassault Systèmes’ 3DEXPERIENCE platform. BMW employees will use the platform to accelerate the development of all vehicles. Dassault Systèmes says the platform’s virtual twin functionality is customizable for various model variants, providing real-time access to integrated data. This will reportedly enhance…
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Automotive LiDAR Market Market Size Expected To Surpass USD 8,842.1 Million By 2032 As Revealed In New Report
The global automotive LiDAR market is set to achieve revenue of USD 8,842.1 Million by 2032. The PEF market is experiencing a CAGR of 35.2% from 2023 to 2032 The Automotive LiDAR Market is revolutionizing the automotive sector, offering innovative and efficient sensing solutions. Introduction: What exactly is automotive LiDAR? It stands for Light Detection…
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2024 Land Rover Discovery Sport: Unveiling a New Era of Automotive Technology
2024 Land Rover Discovery Sport: Unveiling a New Era of Automotive Technology Land Rover, the acclaimed British automotive company, has unveiled the new 2024 Discovery Sport, marking a significant leap in automotive technology. The vehicle comes loaded with advanced features, both inside and out, promising a high-tech, user-friendly driving experience. Exterior and Interior Upgrades The…
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Stella Automotive AI Collaborates With Microsoft for Innovative Auto Retail Technology
STELLA Automotive AI announced its collaboration with Microsoft to deliver a next-generation automotive retail customer experience that combines STELLA’s extensive language-driven automotive technology portfolio with Microsoft Azure AI Services. With this collaboration, STELLA will use Microsoft Azure OpenAI Service to extend STELLA’s digital voice assistant into more robust topic areas, creating a holistic user experience…
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L&T Technology Services Supports Marelli in Revolutionizing Automotive Infotainment with Digital Twin Technology
BusinessWire India Bengaluru (Karnataka) [India], February 5: L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global digital engineering and R&D services company, supports Marelli, a leading mobility technology supplier to the automotive sector in redefining the landscape of automotive infotainment and information cluster design through the introduction of Marelli’s groundbreaking Digital Twin solutions.…
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Qualcomm Earnings Highlight Strong Growth In Automotive
Qualcomm beat consensus estimates in its latest earnings release, delivering top-line revenue of nearly $10 billion. While most of Qualcomm’s revenue came from its mobile phone and IoT businesses, its most significant growth came from the automotive sector; Qualcomm reported automotive-related revenue of $598 million, up 31% year-over-year. During its earnings call, Qualcomm CEO Cristiano…
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Automotive Software Market to Hit USD 81.57 Billion by 2030 Driven by Rising Demand for Connected Vehicles and Electric Vehicle (EV) Revolution | Report by SNS Insider
Pune, Feb. 05, 2024 (GLOBE NEWSWIRE) — The Automotive Software Market, as per the SNS Insider report, achieved a valuation of USD 24.02 billion in 2022. Projections indicate an anticipated growth, with the market expected to reach USD 81.57 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 16.51% during the forecast period…
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Morgan Automotive Group Selects automotiveMastermind as its Data & Technology Partner
LAS VEGAS, Feb. 3, 2024 /PRNewswire/ — automotiveMastermind, part of S&P Global Mobility and the automotive industry’s trusted data and technology provider, and Morgan Automotive Group (Morgan), one of the largest automotive dealer groups in the nation, have formed a strategic partnership where Mastermind’s technology and data enrichment and Polk Automotive Solutions’ data services from…