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Automotive blockchain could hit £90bn
- January 31, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Blockchain is edging its way into the automotive sector and could be worth £90bn by 2030. Car owners and other road users are already interested in the many ways in which this technology can be used, the strategy and marketing consultancy Simon-Kucher & Partners found in a recent study. Survey participants were particularly interested in [...] -
Mitsubishi reports 18% growth
- January 31, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Mitsubishi Motors Corporation (MMC) has revealed volumes were up by 18% to 1,218,897 units in 2018. It reported double-digit percentage increases in both domestic and overseas markets. Export markets also showed strong growth, with the United States up 14% to 118,075 units and western Europe rising 19% to 178,414. As a region, it was the [...] -
Groupe PSA secures China licence
- January 30, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Groupe PSA has obtained a licence to start autonomous driving tests on open roads in China. The French company has been testing autonomous cars in France since 2015, but becomes the first French carmaker to do so in China. Its challenge will be to integrate Groupe PSA’s technology into the Chinese ecosystem since the environment, infrastructure, [...] -
Hella and Plastic Omnium strengthen ties
- January 29, 2019
- Posted by: Alan Feldberg
- Category: Industry News
Automotive suppliers Hella and Plastic Omnium are entering into a strategic cooperation to accelerate the integration of exterior vehicle lighting technologies. Hella contributes to the collaboration through its competence in automotive lighting technology, while Plastic Omnium brings the expertise in plastics processing for exterior body parts. The plan is to also bundle the corresponding development [...] -
UK repair market to grow
- January 29, 2019
- Posted by: Alan Feldberg
- Category: Industry News
A comprehensive report on the UK car body repair market, published by Trend Tracker, shows the total market value for UK primary car body repairs is expected to grow by 14% from £4.75bn in 2018 to £5.43bn in 2023, excluding VAT. The total market value is increasing at unprecedented levels, rising by 28.5% between December [...]