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Press Releases

Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Automotive Industry Today.

ECARX Secures Non-Automotive Customer for its Lidar Solution, Expanding into the High-Growth Robotics Market

ECARX Secures Non-Automotive Customer for its Lidar Solution, Expanding into the High-Growth Robotics Market

SHANGHAI, June 25, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced it has signed a partnership agreement with a leading global developer of robotic lawn mowers...

Global Used Cars Market Forecast 2025-2034: Analyzing Growth Drivers, Market Share, Segments, and Emerging Trends

Global Used Cars Market Forecast 2025-2034: Analyzing Growth Drivers, Market Share, Segments, and Emerging Trends

The Business Research Company’s Used Cars Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 24, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company’s Latest Report...

Robotic Process Automation (RPA) in Automotive Market Size To Reach USD 25.32 Billion by 2032, Grow at 32.6% 2025 2032

Robotic Process Automation (RPA) in Automotive Market Size To Reach USD 25.32 Billion by 2032, Grow at 32.6% 2025 2032

Robotic Process Automation (RPA) in Automotive Market revenue is expected to grow at 32.6% through 2025 to 2032, reaching nearly US$ 25.32 Billion. WILMINGTON, DE, UNITED STATES, June 24, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market Research...

CONSUMER ALERT: As Extreme Temperatures Continue, the New York Department of State’s Division of Consumer Protection Reminds New Yorkers to Never Leave Children and Pets in Hot Cars

CONSUMER ALERT: As Extreme Temperatures Continue, the New York Department of State’s Division of Consumer Protection Reminds New Yorkers to Never Leave Children and Pets in Hot Cars

As extreme temperatures continue, the New York Department of State’s Division of Consumer Protection is warning New Yorkers of the danger children and pets face when left in hot cars. Every year, multiple deaths are reported after children and...

Algoma Steel Announces First Arc and First Steel Production from its New Electric Arc Furnace Unit One

Algoma Steel Announces First Arc and First Steel Production from its New Electric Arc Furnace Unit One

SAULT STE. MARIE, Ontario, July 10, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it...

SeatBridge: Redefining Comfort and Design in Automotive Interiors — Xraised Talks with Claudio Buccini

SeatBridge: Redefining Comfort and Design in Automotive Interiors — Xraised Talks with Claudio Buccini

MESSINA, SICILY, ITALY, June 24, 2025 /⁨EINPresswire.com⁩/ -- A Fresh Take on Automotive Interiors In a recent Xraised interview, host Rosalie sat down with Claudio Buccini, the inventor of SeatBridge—a patented solution that’s challenging how we...

Automotive Pneumatic Seat System Market is expected to reach USD 5.8 billion by 2034 | Exactitude Consultancy

Automotive Pneumatic Seat System Market is expected to reach USD 5.8 billion by 2034 | Exactitude Consultancy

Luton, Bedfordshire, United Kingdom, June 16, 2025 (GLOBE NEWSWIRE) -- Market Overview The global automotive pneumatic seat system market was valued at approximately USD 3.1 billion in 2024 and is forecasted to reach USD 5.8 billion by 2034. This...

Industry Veteran Launches New Book, Built. On. Reputation. — A Leadership Blueprint for Modern Dealership Success

Industry Veteran Launches New Book, Built. On. Reputation. — A Leadership Blueprint for Modern Dealership Success

Built. On. Reputation. — The must-read for auto execs ready to lead with trust, serve with integrity, and thrive in a market where perception is everything. OKLAHOMA CITY, OK, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- In an industry...

Free State Economic, Small Business Development, Tourism and Environmental Affairs on MSME support incentives

Free State Economic, Small Business Development, Tourism and Environmental Affairs on MSME support incentives

Subsequent to the commitment highlighted during the tabling of the 2025/26 Budget Vote Speech, the department calls on Free State spaza shop owners, informal business traders, Micro, Small & Medium Enterprises (MSMEs), including cooperatives, to...

EU diplomat places blame on worldwide predicament for being late to parliament

EU diplomat places blame on worldwide predicament for being late to parliament

(MENAFN) Italian Foreign Minister Antonio Tajani jokingly referred to himself as “the unluckiest minister in history” after arriving late to a parliamentary conference focused on democracy in the Mediterranean. Apologizing for his tardiness,...

Global Food Logistics Market to Grow 8.3% Annually, Hitting USD 260.6 Billion by 2032 : Allied Market Research

Global Food Logistics Market to Grow 8.3% Annually, Hitting USD 260.6 Billion by 2032 : Allied Market Research

WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, Food Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report, by Mode of Operation,...

Microchip Expands Space-Qualified FPGA Portfolio with New RT PolarFire® Device Qualifications and SoC Availability

Microchip Expands Space-Qualified FPGA Portfolio with New RT PolarFire® Device Qualifications and SoC Availability

CHANDLER, Ariz., July 10, 2025 (GLOBE NEWSWIRE) -- Continuing to support the evolving needs of space system developers, Microchip Technology (Nasdaq: MCHP) has announced two new milestones for its Radiation-Tolerant (RT) PolarFire® technology:...

Body, Trim, and Glass in Automotive Innovation Market Outlook, Trends, Technologies and Growth | Exactitude Consultancy

Body, Trim, and Glass in Automotive Innovation Market Outlook, Trends, Technologies and Growth | Exactitude Consultancy

Luton, Bedfordshire, United Kingdom, June 23, 2025 (GLOBE NEWSWIRE) -- Designing the Future: The Evolution of Body, Trim, and Glass in Automotive Innovation As the global automotive industry accelerates toward electrification, automation, and...

ST extends ISO 26262 compliant automotive family with 8-channel low-side driver in space-saving leadless package

ST extends ISO 26262 compliant automotive family with 8-channel low-side driver in space-saving leadless package

Ultra-compact driver with diagnostics, protection, and failsafe limp-home mode STMicroelectronics (NYSE:STM) GENEVA, SWITZERLAND, June 23, 2025 /⁨EINPresswire.com⁩/ -- STMicroelectronics’ L9800 8-channel automotive low-side driver is ISO 26262...

ECD Automotive Design Announces Key Initiatives to Right-Size Cost Structure and Support Disciplined Growth

ECD Automotive Design Announces Key Initiatives to Right-Size Cost Structure and Support Disciplined Growth

KISSIMMEE, Fla., June 23, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar...

Driving Support Systems Forward: Automotive Ancillaries’ Market to Grow $28.6 Billion by 2032 | Continental AG, NIPPON

Driving Support Systems Forward: Automotive Ancillaries’ Market to Grow $28.6 Billion by 2032 | Continental AG, NIPPON

WILMINGTON, NEW CASTLE, DE, UNITED STATES, June 23, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, titled, “Automotive Ancillaries’ Products Market," The automotive ancillaries’ products market was...

ECD Automotive Design Secures $500M Equity Facility to Fund a Bitcoin Treasury

ECD Automotive Design Secures $500M Equity Facility to Fund a Bitcoin Treasury

$500M facility earmarked for the strategic accumulation of Bitcoin to serve as the Company’s primary reserve asset and for the funding of growth and general corporate purposes. The Company will grow its digital asset footprint beyond the recent...

Automotive Foams Market to Hit USD 78.9 Billion by 2035 Amid EV and Autonomous Vehicle Demand

Automotive Foams Market to Hit USD 78.9 Billion by 2035 Amid EV and Autonomous Vehicle Demand

Automotive foams market to grow steadily by 2035, driven by rising demand in EVs and autonomous vehicles for lightweight, insulating materials. NEWARK, DE, UNITED STATES, June 12, 2025 /⁨EINPresswire.com⁩/ -- The global automotive foams market is...

Automotive EMC Testing Market is expected to reach USD 3.5 billion by 2034, growing at a 4.5% CAGR | Exactitude Consultancy

Automotive EMC Testing Market is expected to reach USD 3.5 billion by 2034, growing at a 4.5% CAGR | Exactitude Consultancy

Luton, Bedfordshire, United Kingdom, June 12, 2025 (GLOBE NEWSWIRE) -- The global automotive EMC (Electromagnetic Compatibility) testing market is on a strong growth trajectory, currently valued at approximately USD 2.3 billion in 2024. As the...

Mapping the Autonomous Future: HD Map Market to Surge from $3.7B in 2025 to $66.1B by 2035

Mapping the Autonomous Future: HD Map Market to Surge from $3.7B in 2025 to $66.1B by 2035

WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 10, 2025 /⁨EINPresswire.com⁩/ -- According to the report published by Allied Market Research, the global HD map for autonomous vehicles market is predicted to generate $3.7 billion in 2025, and is...

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