Edmunds & TransUnion with Q2 trade & financing trends connected to EVs & hybrids By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time. New data from Edmunds and TransUnion showed a wave of consumers who previously owned an electric vehicle — particularly a Tesla — are trading the EV for a hybrid model at a record pace. And they’re often taking on a growing amount of financing to get the deal completed. Edmunds recently indicated a record 20.5% of Tesla trade-ins to franchised dealerships in the second quarter of were used to purchase hybrids, “suggesting that owners aren’t just leaving Tesla but stepping back from EVs altogether.” Meanwhile, TransUnion noticed the average amount financed to complete a deal for a new hybrid in Q2 rose by 7.2% year-over-year, based on the data analysts had available for the quarter and detailed in its Q2 2026 Credit Industry Insights Report (CIIR). For used hybrid financing, TransUnion determined the year-over-year increase in Q2 was even more noticeable at 10.1%. “The big story right now is that hybrids are delivering the sweet spot consumers are looking for,” said Jessica Caldwell, head of insights at Edmunds. “As the math on EVs shifted following the federal tax credit ending, legacy automakers stepped in to catch shoppers who want efficiency without pure-battery commitments. Seeing experienced EV owners make that pivot tells you a lot about the current state of the overall market, not just Tesla.” Subscribe to Auto Remarketing to stay informed and stay ahead. By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our
Aug 10, 2026 · via autoremarketing.com
Don't Miss: Hyundai Motor India posts highest-ever monthly sales of 75,360 units in July, exports hit 100-month high HMIL introduced its Bluelink connected car platform in 2019 with the Venue. The technology currently offers more than 70 features covering safety, security and convenience, including remote vehicle monitoring, vehicle health diagnostics, location tracking, trip history, remote commands, digital key and in-car payments. Bluelink also supports more than 450 AI-powered voice commands across five languages. The company is targeting cumulative connected car sales of more than 2 million units by 2030. “The growing adoption of connected vehicles reflects the evolving expectations of customers and the increasing role of technology in shaping mobility. As we move towards our goal of 1 million connected car sales by 2027, we remain focused on advancing software-defined mobility and expanding connected technologies across our portfolio,” said Tarun Garg, MD & CEO, HMIL. Must Read: Here’s Hyundai’s new offering in the Creta segment for the festive season “Our upcoming mass-market electric SUV, which will offer next-generation connected car technology as standard across all variants, marks an important step in strengthening the convergence of connected and electric mobility while delivering future-ready ownership experiences for customers,” Garg added. HMIL has expanded its connected technology capabilities, introducing over-the-air (OTA) map updates in 2020, next-generation audio, video, navigation and telematics technology in 2022, and its Connected Car Navigation Cockpit (ccNC) in 2025. Hyundai said its connected technology has assisted more than 500,000 motorists through SOS and roadside assistance services. The company said connected technology adoption has been supported by demand for models including the Creta, Venue and i20.
Aug 10, 2026 · via businesstoday.in
By proceeding, I acknowledge that I have read and agreed to the Privacy Policy, Terms & Conditions, consent declaration, and the sharing of my information with lending partners, dealers, OEMs, and for marketing communication via Phone Calls, SMS & WhatsApp. Hyundai has sold more than 8 lakh connected cars in India so far. Bluelink penetration has grown from 4% in 2019 to 20% in 2026. Hyundai's upcoming mass-market electric SUV will get next-gen connected technology as standard. Hyundai introduced its Bluelink connected car technology in India in 2019 with the Venue. Since then, the technology has gradually expanded to more models across the company's portfolio. Hyundai now has more than 8 lakh connected cars on Indian roads and aims to take this figure beyond 10 lakh by 2027. The company has also set a longer-term target of more than 20 lakh cumulative connected car sales by 2030. The increase in connected car adoption highlights the growing importance of software and digital features in new cars. Hyundai Bluelink has evolved considerably since its introduction. The latest version offers more than 70 features covering safety, security and convenience. Some of the key functions include remote vehicle monitoring, vehicle health diagnostics, location tracking, trip history, remote commands, Hyundai Pay, Digital Key, Digital Passport and Remote Immobilizer. The system also supports more than 450 AI-powered voice commands across five languages, allowing owners to access several vehicle functions using voice controls. Also Read: Kia Seltos Hybrid to Get e-AWD for the First Time - Details Hyundai says connected vehicle penetration across its portfolio has increased from just 4% in 2019 to 20% in 2026. The company has been steadily adding new software and connectivity features to its vehicles. The i20 received OTA map updates in 2020, followed by the next-generation AVNT system in 2022. In
Aug 10, 2026 · via carlelo.com
Elon Musk Says All Cars Will Have Starlink
On Saturday, influencer Sawyer Merritt took to X to share a picture of a Cybercab with Texas plates undergoing testing. The vehicle appeared to feature a flush-mounted Starlink dish on its rear.
Quoting Merritt’s post, investment firm Mach33 CEO Aaron Burnett touted Starlink as a potential game-changer for travel, prompting a response from Musk.
"All cars will have Starlink in the future," Musk said. He added that Starlink capabilities in vehicles were crucial because they were "the only way to get super high bandwidth to billions of vehicles."
Musk Reaffirms $1 Trillion SpaceX Revenue Goal
SpaceX Share Lock-Up
Benzinga Edge Rankings show SpaceX fails to provide a favorable price trend in the Short, Medium and Long term.
Price Action: SpaceX shares were up 0.58% to $133.88 during overnight trading.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
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Aug 10, 2026 · via benzinga.com
3 Min Read Hyundai Motor India Limited (HMIL) has crossed 8 lakh cumulative connected car sales in India and is targeting 10 lakh by 2027. The company said connected vehicle adoption across its portfolio has increased steadily since it introduced Hyundai Bluelink in 2019. According to the company, connected vehicles currently account for 20% of HMIL's portfolio, up from 4% in 2019. This means penetration has increased five-fold in seven years, reflecting rising demand for connected features focused on safety, convenience and vehicle ownership. HMIL said it has built one of India's largest connected car ecosystems, powered by 12 lakh lines of code. The company is also targeting more than 20 lakh cumulative connected car sales by 2030. A connected car is a vehicle equipped with internet connectivity and embedded technology that allows it to communicate with external devices, networks and services. This connectivity enables features such as remote vehicle monitoring, real-time diagnostics, live location tracking, over-the-air (OTA) software updates, in-car voice assistants, and emergency response systems like SOS alerts and crash notifications. In India, automakers like Hyundai offer this technology through dedicated platforms — Bluelink, in Hyundai's case — which link the car to a companion smartphone app, letting owners check vehicle health, lock or unlock doors remotely, set geofencing alerts, and access safety and convenience features from anywhere. Bluelink's reach Hyundai introduced Bluelink in 2019 with the VENUE, which the company describes as India's first OEM-fitted connected SUV. The AI-powered platform now offers more than 70 features across safety, security and convenience. Bluelink also supports more than 450 AI-powered voice commands across five languages. The technology has also been used during emergencies. HMIL said Bluelink has assisted more than 5 lakh motorists through SOS and roadside assistance services. It has supported around 15,000 crash notification interventions and helped
Aug 10, 2026 · via cnbctv18.com
New Delhi The government's proposed framework for vehicle-to-vehicle (V2V) communication is likely to accelerate the adoption of connected mobility and safety technologies in India, with Hyundai Motor India targeting cumulative sales of 1 million connected cars by 2027. The company's announcement comes days after the Ministry of Road Transport and Highways issued a draft notification proposing the phased implementation of V2V communication systems to enhance road safety. Hyundai Motor India Limited on Monday said it has crossed 0.8 million cumulative connected car sales in India, with connected vehicle adoption across its portfolio rising five-fold from 4 per cent in 2019 to 20 per cent in 2026. The announcement comes against the backdrop of the government's proposed V2V framework last week, under which vehicles manufactured from October 2028 would be required to be fitted with V2V systems conforming to AIS-230. The proposed technology would allow vehicles to exchange real-time information such as speed, position and direction, enabling warnings for sudden braking, forward-collision risks, unsafe lane changes and approaching emergency vehicles. The company introduced Hyundai Bluelink in India in 2019 with the Hyundai VENUE and has since expanded its connected-car ecosystem to more than 70 features spanning safety, security and convenience. These include remote vehicle monitoring, vehicle health diagnostics, location tracking, trip history, remote commands, in-car payments through Hyundai Pay, Digital Key, Digital Passport, Remote Immobilizer and Home-to-Car Connectivity. Bluelink also supports more than 450 AI-powered voice commands across five languages, reflecting the increasing integration of software and artificial intelligence into vehicle ownership and driving experiences. Hyundai said the technology has also delivered safety benefits, assisting more than 0.5 million motorists through SOS and roadside assistance services. It has supported around 15,000 crash notification interventions and helped law-enforcement agencies in vehicle tracing and recovery efforts. The automaker aims to cross 2 million
Aug 10, 2026 · via awazthevoice.in
The company said on Monday that more than 800,000 Hyundai connected cars are already on Indian roads, with connected vehicle penetration across its portfolio rising five-fold from 4% in 2019 to 20% in 2026. Also Read: Hyundai Motor India expects exports volume to recover from Q2: MD & CEO Tarun Garg Hyundai introduced its Bluelink connected car platform in India in 2019 with the launch of the Venue, which the company describes as the country’s first OEM-fitted connected SUV. Since then, it has expanded connected features across models including the Creta, Venue and i20. Hyundai said it is also targeting more than two million cumulative connected car sales by 2030. Bluelink expands connected features The company’s Bluelink platform offers more than 70 features spanning safety, security and convenience. These include remote vehicle monitoring, vehicle health diagnostics, location tracking, trip history, remote commands, Hyundai Pay-enabled in-car payments, Digital Key, Digital Passport, Remote Immobilizer and Home-to-Car Connectivity. Bluelink also supports more than 450 AI-powered voice commands across five languages, according to the company. Hyundai said its connected mobility strategy is increasingly centred on software-defined vehicles and over-the-air technology, allowing vehicles to receive software updates and new capabilities after purchase. Also Read: Hyundai invites startup applications for Innovation Challenge 2026 The company’s connected technology roadmap includes the introduction of OTA map updates with the i20 in 2020, next-generation Audio Video Navigation Telematics technology in 2022 and the Connected Car Navigation Cockpit, or ccNC, in 2025. The latter also introduced controller OTA update capability, marking a further step in Hyundai’s software-defined vehicle roadmap for India. Focus on safety Hyundai said its connected technology has also been used in emergency situations, with Bluelink assisting more than 500,000 motorists through SOS and roadside assistance services. The company said the system has supported around 15,000 crash-notification interventions
Aug 10, 2026 · via m.economictimes.com
Upcoming 7-Seater Hybrid SUVs in India – Kia Sorento, MG Hector Hawk, Toyota Hyryder 7-Seater & More - Team Autopunditz - 4 hours ago - 6 min read India’s three-row SUV market is preparing for a major electrification push, with several manufacturers developing new 7-seater SUVs equipped with hybrid or plug-in hybrid powertrains. Until recently, strong-hybrid technology in India was largely concentrated in five-seater SUVs and premium MPVs such as the Toyota Innova Hycross. That could change significantly over the next couple of years as manufacturers including Kia, Toyota, Hyundai, Renault and JSW MG Motor India introduce larger electrified SUVs. Some of these models are already close to launch, while others remain under development for 2027-28. Here are five important upcoming three-row hybrid SUVs worth watching. 1. MG Hector Hawk – Launch Expected on August 26, 2026 The first major arrival is expected to be the MG Hector Hawk, an all-new three-row SUV from JSW MG Motor India. The Hector Hawk is expected to make its India debut on August 26, 2026, and could become one of the most significant additions to MG’s Indian portfolio this year. Current reports suggest that both plug-in hybrid and fully electric versionsare being prepared. The upcoming SUV is understood to have links with the Wuling Starlight 560 sold in overseas markets. The plug-in hybrid version is expected to combine a 1.5-litre naturally aspirated petrol engine with an electric motor and approximately 20.5kWh battery pack. International specifications point towards combined output of around 197hp, while the PHEV could offer close to 100km of electric-only driving range under the CLTC test cycle. Final India specifications may differ. A pure-electric Hector Hawk is also expected, potentially offering a claimed driving range of over 500km, depending on configuration. The Hector Hawk is likely to sit above the existing
Aug 10, 2026 · via autopunditz.com
Xperi Q2 Earnings Call Highlights Xperi XPER reported second-quarter 2026 revenue growth of 8% year over year to $114 million, supported by gains in its media platform and connected-car businesses. The company said advertising and related revenue increased more than 50%, while cost reductions contributed to improved profitability. Chief Executive Officer Jon Kirchner said the quarter reflected execution on the company’s strategy to scale its connected-TV and automotive platforms and increase monetization of their audiences. Xperi reported $24 million of adjusted EBITDA, equal to 21% of revenue and up seven percentage points from a year earlier. Non-GAAP earnings per share were $0.28, more than double the prior-year result, while operating cash flow totaled $15 million. Media Platform Growth Led by Advertising Media Platform revenue rose 44% year over year to $18 million, driven primarily by advertising and related revenue. TiVo ONE monthly active users reached 6.3 million at the end of the quarter, representing approximately 70% year-over-year footprint growth. The trailing 12-month average revenue per user for TiVo ONE was $6.70, slightly below the first-quarter level because user growth outpaced revenue growth, Kirchner said. However, the company continues to expect to exit 2026 with ARPU above $10, anticipating faster advertising and related revenue growth during the second half of the year. Xperi said it ran homepage video campaigns in the United States and Europe for brands in entertainment, insurance, automotive and technology. It also expanded integrations with advertising partners Teads and Kargo for its homepage hero video inventory. During the quarter, the company launched TiVo Channels, which adds free ad-supported local content in more than 20 countries. It also introduced a TiVo viewership and audience-insights data offering in the United Kingdom. Because advertising and related revenue exceeded 10% of total revenue in the quarter, Xperi said it will begin separately
Aug 10, 2026 · via tradingview.com
Zeekr released an official statement on the recent 7X electric SUV firing at the charging station in China. The accident happened on August 9 in Ningbo City. No injuries were reported as the fire department managed to extinguish the fire. As mentioned, the Zeekr 7X all-electric crossover caught fire in China while staying next to the charging station. The video shows that the car wasn’t connected to any charging station during the incident. So, the cause of ignition was unclear. However, Chinese social media users highlighted that the car looked “suspicious” as it was parked with opened front trunk and disassembled plastic covers. A video shows that the car suddenly caught fire with an explosion-like sound. The car then began to smoke, continuously making explosion sounds with sparkles and flames bursting from the chassis. However, the 7X wasn’t hidden in flames completely. As mentioned, the local fire department was on time to extinguish the fire. Zeekr released an official statement shortly after the accident occurred in Ningbo. According to them, the preliminary investigation revealed that this 7X SUV had been involved in a serious collision and had not been inspected or repaired by any official service center. The specific cause of the fire is under investigation. Zeekr officials issued a reminder that the power battery, high-voltage system, and vehicle body structure require inspection and evaluation after a collision. There is a risk of a safety hazard if a vehicle hasn’t undergone proper inspection and repair. Zeekr also recommended verifying the accident and repair records when purchasing a used electric car. It is also important to inspect the power battery and high-voltage center to ensure safety. Zeekr is very concerned about its reputation, as it previously marketed its vehicles as having zero spontaneous ignitions without an external cause. The last time
Aug 10, 2026 · via carnewschina.com
Elon Musk laid out a sweeping vision on Saturday for how Starlink will connect the world's vehicles and carry the coming wave of AI-generated internet traffic. In a series of posts on X, the SpaceX CEO declared that 'all cars will have Starlink in the future' and argued the satellite network is the only system capable of supporting the exponential bandwidth growth that agentic AI systems will demand. The comments arrive less than three weeks after Tesla confirmed Starlink connectivity would be integrated into every Tesla vehicle — a policy shift first disclosed on July 22, 2026 — and coincide with SpaceX's push for FCC approval of its Gen 3 constellation, which the company has explicitly pitched as the 'communications backbone of the AI age.' What Musk Said Musk's argument unfolded across three connected posts. He began by endorsing a Cloudflare forecast projecting that autonomous AI agents will generate internet traffic that 'VASTLY' exceeds human usage — a shift he called 'not a close call at all.' Minutes later, he narrowed the argument to infrastructure: 'the only system that can support the insanely fast bandwidth growth needed by AI is Starlink.' A follow-up reply pushed the thesis into the automotive layer, stating that satellite connectivity is 'the only way to get super high bandwidth to billions of vehicles.' Taken together, the three posts frame a single strategic claim — that ground-based cellular networks will not scale to handle either the volume of AI traffic or the density of connected vehicles expected over the next decade, and that Starlink is positioned as the default fallback for both. How We Got Here The vehicle side of this vision has been building for years. According to public FCC records, the agency granted Starlink authorization for in-motion use on cars, trucks, boats, and aircraft
Aug 10, 2026 · via basenor.com
Speeding tickets could eventually become a thing of the past, although perhaps not for the reason drivers would hope. Instead of relying on police, roadside cameras, or a driver's self-control, future cars could simply refuse to exceed the posted limit. The technology required to make that happen isn't particularly futuristic. Many modern vehicles already have GPS, cameras, digital maps, electronic throttle control, and increasingly sophisticated software capable of changing how a car behaves depending on its location. Geofencing could tie those systems together, creating virtual zones where a vehicle's maximum speed is automatically restricted. Drive past a school, enter a residential neighborhood, or move through a pedestrian-heavy city center, and the car could electronically prevent you from accelerating beyond the local limit. For now, compulsory geofenced speed limiting remains largely theoretical for privately owned passenger vehicles. The bigger obstacle may ultimately be political and public acceptance rather than whether automakers can actually build it. Your Car May Already Have Most Of The Technology Geofencing uses location data to determine when a vehicle has entered or left a predefined geographical area. Once inside that boundary, onboard software can automatically change certain vehicle settings. Applied to speeding, the concept is relatively straightforward. GPS and map data could identify the applicable speed limit, while cameras could provide additional information from roadside signs and electronic throttle control could prevent the engine or motors from delivering enough power to exceed it. Such a system wouldn't necessarily slam on the brakes whenever the speed limit changed. Instead, it could progressively restrict acceleration until the vehicle settled at the permitted speed, similar in principle to a conventional speed limiter. That could allow authorities to create highly specific restrictions. A school zone, for example, might automatically enforce a 30 km/h limit during certain hours before allowing higher speeds
Aug 9, 2026 · via autos.yahoo.com
CAR Group (CAR) H2 2026 earnings summary Event summary combining transcript, slides, and related documents. H2 2026 earnings summary 10 Aug, 2026 Executive summary - Delivered 12% growth in pro forma revenue to $1,253m and EBITDA to $700m, and 11% growth in adjusted NPAT to $407m, all in constant currency, meeting FY 2026 guidance. - Maintained strong EBITDA margins at 56% and 100% operating cash conversion, while investing in AI-driven innovation, new product launches, and ecosystem expansion. - Achieved consistent double-digit compound growth over five years across key financial metrics, with all regions—Australia, North America, Latin America, and Asia—contributing. - Strategic focus on operational excellence, digital transformation, and expanding connected vehicle ecosystems. - Diversified global portfolio with strong performance and market leadership in key geographies. Financial highlights - Pro forma revenue and EBITDA up 12% year-over-year to $1,253m and $700m; adjusted NPAT up 11% to $407m; reported NPAT up 14% to $314m. - Group EBITDA margin steady at 56%; segment margins: Australia 66%, North America 60%, Latin America 56%, Asia 45%. - Adjusted EPS grew 11% to 107.6 cents; full-year dividends per share up 8% to 86.0 cents, with final dividend of 43.5 cents per share. - Cash conversion at 100%; net debt to EBITDA stable at 1.7x. - Effective tax rate at 20%, slightly higher due to regional mix and U.S. tax timing. Outlook and guidance - FY27 guidance: revenue growth 11%-14%, adjusted EBITDA growth 10%-13%, adjusted NPAT growth 9%-12%, all in constant currency. - Australia expected to deliver high single-digit revenue growth; double-digit growth anticipated in North America, Latin America, and Asia. - Operating leverage expected in Australia and Latin America; North America and Asia to see higher revenue growth than EBITDA due to ongoing investments. - Net finance costs forecasted at $66m-$72m; depreciation and amortization to grow
Aug 9, 2026 · via quartr.com
In connected car news are Brewer Science, Heraeus Epurio, Washoe County School District, Zum Mobility, Aeva, Hyundai, Kia, Mercedes-Benz Trucks, MediaTek and Infineon. Brewer Science Expands Semiconductor Materials Portfolio Through Heraeus Epurio Acquisition Brewer Science, Inc. has finalized its acquisition of Heraeus Epurio’s semiconductor chemicals business line, completing a targeted vertical integration to secure critical sub-tier material sourcing. The transaction incorporates Heraeus Epurio’s manufacturing plant in Dayton, Ohio, along with regional technical and sales teams in Asia, directly into Brewer Science’s manufacturing network. The consolidation grants the organization direct operational control over precursor synthesis and specialty formulation processes required for leading-edge lithography and advanced packaging. The acquired chemical portfolio encompasses photoacid generators, photoinitiators, monomers, and crosslinkers processed to ultra-low trace-metal specifications. Integrating chemical synthesis directly into its production tier allows Brewer Science to extend its Zero Defects quality control system further upstream, mitigating contamination risks for sub-nanometer node fabrication. The Dayton site expands domestic manufacturing capacity, working alongside existing facilities in Missouri and Arizona to support local supply chain resiliency for microelectronics manufacturing. Washoe County School District Integrates Zum Mobility Platform for Fleet Operations Washoe County School District has selected Zum to deploy its Connected Mobility Experience (Zum CMX) technology platform across its student transportation network. Serving approximately 20,000 daily student riders, the implementation integrates telemetry, routing, dispatch, and communication tools into a unified operating system. The software suite provides district operators with real-time fleet visibility, route optimization data, and operational intelligence intended to maintain schedule adherence and streamline district-wide logistical dispatch. The platform deployment expands data access across district personnel and end users by offering automated boarding notifications, live vehicle tracking, and dynamic arrival time updates for standard routes and extracurricular travel. By replacing legacy, segmented transportation management tools with a centralized real-time OS, the district aims to improve
Aug 9, 2026 · via autoconnectedcar.com
In EV, battery and charging news are BorgWarner, ChargePoint, Merecedes-Benz, BTC Power, Pure Lithium and PowerFlex. BorgWarner Secures Program With Major European Automaker BorgWarner has secured program extensions with a major European original equipment manufacturer to supply next-generation high-voltage traction inverters across high-volume plug-in hybrid electric vehicle and 800V battery-electric vehicle platforms. Scheduled for start of production in 2029, the extended awards cover updated power electronics architectures integrated directly into the customer’s next-generation vehicle operating systems. For 800V battery-electric vehicle applications, the traction inverters utilize BorgWarner’s proprietary Viper silicon carbide power switches housed within a dual-sided-cooled power module to improve thermal management and switching efficiency. For plug-in hybrid platforms, the updated inverter design integrates custom application-specific integrated circuit technology to optimize power control and maintain system-level cost competitiveness across hybrid and fully electric powertrain architectures. ChargePoint & Mercedes-Benz Expand Fleet Electrification in Europe ChargePoint and Mercedes-Benz AG have expanded their commercial partnership to provide turnkey EVSE deployment and energy management services for enterprise fleet operators across the United Kingdom and Germany. The joint framework delivers an end-to-end charging architecture encompassing initial site feasibility assessments, AC Level 2 and DC fast-charging hardware procurement, civil installation, and continuous operational support. The program caters to corporate fleets operating passenger cars as well as light- and medium-duty commercial vans. Central to the platform is ChargePoint’s cloud software suite, which provides dynamic load balancing, automated cost reporting, and telemetry integration to optimize total cost of ownership and preserve fleet readiness. The infrastructure stack also supports optional site-level integration with solar photovoltaic generation and battery energy storage systems, mitigating localized grid capacity constraints. Both companies plan to scale the integrated workplace and depot charging model into additional European regions later this year. BTC Power Survey A proprietary study released by BTC Power surveying over 200 commercial
Aug 9, 2026 · via autoconnectedcar.com
The CAR Group Limited (ASX: CAR) share price is in focus today after the company reported FY26 revenue of $1,253 million, up 6%, and NPAT of $314 million, up 14% on the prior year. What did CAR Group Limited report? - Reported revenue: $1,253 million, up 6% on the prior corresponding period - Reported NPAT: $314 million, up 14% on prior year - Reported EBITDA: $667 million, up 8% - Proforma revenue: $1,253 million, up 12% on a constant currency basis - Final dividend: 43.5 cents per share (30% franked), bringing total FY26 dividend to 86.0 cents per share, up 8% - EBITDA to operating cash flow conversion of 100% What else do investors need to know? CAR Group continued to grow across all its core markets. In Australia, revenue rose by 7%, with strong performance from carsales, product innovation, and the launch of Nexgate, a new dealer platform. North America saw 12% constant currency growth in both revenue and EBITDA, helped by premium dealer products and new acquisitions. Latin America delivered 19% constant currency revenue growth, driven by audience expansion and service improvements in webmotors, while the Asia segment reported 15% constant currency revenue growth. The company continues to invest in artificial intelligence and connected vehicle solutions, with a global AI hub launched in Brazil to accelerate new product development. What did CAR Group management say? CAR Group's CEO, William Elliott, commented: CAR Group has delivered another excellent year, with strong financial and operational outcomes across our global portfolio. This result reflects the growth capacity of our diversified business model, the quality of our market-leading businesses and the ongoing execution of our strategy. We enter FY27 with confidence. Our leading marketplace brands, expanding technology ecosystems, proprietary data and accelerating innovation provide a compelling foundation for continued long-term growth. What's
Aug 9, 2026 · via fool.com.au
Tata Motors is currently riding high on the success of the newly launched Sierra.ev, Harrier.ev, Tiago.ev, and other models. Now, to make sure that it remains on top, the company is gearing up for the launch of four new models in India. So, without any delay, here are the details of the upcoming Tata Motors cars. The Tata Tigor has not received any major design update in a long time. As a result, the company is gearing up for the launch of the facelift of this sedan. It is expected to make its debut in the coming months. So far, the company has already filed the design patent for the updated sedan. The patent images have revealed that the new Tigor will adopt styling similar to the recently launched Tiago facelift. It will feature sleeker headlights, a redesigned closed-off grille with the Tata logo, and a gloss-black connecting strip. Additionally, it will also boast a completely redesigned front bumper with a larger air dam and provision for a front camera. The bonnet has also been redesigned with a flatter and more chiselled appearance. On the side, the overall silhouette will remain unchanged. However, the sedan will get a fresh set of 8-spoke alloy wheels. At the rear, the Tigor facelift will continue with its sporty sloping roofline. However, it will now get redesigned LED taillamps, a connected black trim element on the boot lid, a new bumper, rear parking sensors, and a reverse camera. Moving inside, the cabin is expected to borrow heavily from the Tiago facelift. It is expected to include a new dual-tone layered dashboard, a 10.25-inch floating touchscreen infotainment system with wireless Android Auto and Apple CarPlay. The sedan will also get dual wireless smartphone chargers, rear USB Type-C ports, automatic climate control, rear AC vents, cruise
Aug 9, 2026 · via cartoq.com
Ford Motor Company on Thursday revealed both the name and the starting price of its long-awaited affordable electric pickup, confirming that the midsize truck will be called the Fathom and will start at $28,350 before a $1,595 destination and delivery charge, bringing the all-in price to $29,945. The figure lands the vehicle just under the $30,000 threshold Ford has spent more than a year promising, and positions the Fathom as one of the least expensive electric vehicles available in the American market when it reaches customers. The Fathom is the first vehicle to emerge from Ford’s new Universal Electric Vehicle platform, an architecture the company has described as central to turning its electric vehicle division, Model e, from a source of multibillion-dollar losses into a profitable business by 2029. Ford disclosed $19.5 billion in EV-related restructuring charges last year, and the Fathom represents the clearest signal yet of how the automaker intends to recover. A Name Meant to Signal Understanding, Not Just Depth Ford said it chose the name Fathom deliberately, drawing on the word’s double meaning: a nautical unit of measure equal to six feet, and a verb describing the act of coming to fully understand something. Company officials said the name was meant to convey a deep understanding of the person likely to drive the truck, rather than simply describing the vehicle itself. The choice also marks a break from Ford’s long-running habit of alphanumeric truck and SUV designations. Fathom joins a small but growing list of newly coined nameplates the company has introduced as it reworks its electric vehicle lineup, moving away from reviving historic badges in favor of names built specifically for the electric era. Pricing Aimed Squarely at the Affordability Gap At $28,350 before fees, the Fathom’s standard-range configuration undercuts nearly every electric pickup currently
Aug 9, 2026 · via autoconnectedcar.com
Police stop car thought to be wanted in a Milwaukee homicide. They had bad info. Milwaukee police told 12 News "staff inadvertently did not remove a vehicle alert from the system." Brookfield police temporarily shut down traffic on I-94 Thursday afternoon after a license plate-reading camera flagged a silver SUV as potentially connected to a Milwaukee homicide, leading to a high-risk traffic stop that was later revealed to be a mix-up. The alert originated from a Flock camera, which identified the vehicle as wanted in connection to a homicide out of Milwaukee County. Officers surrounded the silver SUV and detained two individuals while dispatchers worked to confirm the alert with Milwaukee police. "Can you just call over to Milwaukee and verify?" dispatchers said during the incident. Further communication revealed inconsistencies between the flagged vehicle and the actual suspect vehicle. "Milwaukee's entry states the suspect vehicle is a Buick Enclave with the BDL plates; however, the plate returned on a silver Chevy Traverse," dispatchers said. As the situation unfolded, it became evident there had been an error. "We are on the phone with Milwaukee trying to sort that out now. The plate they have entered just doesn't match anywhere," dispatchers said. Milwaukee police later clarified that the suspect vehicle, a Buick Enclave, may have already been recovered. "The Milwaukee supervisor is confirming with their detective's bureau. They're saying the suspect vehicle, which is the Enclave, may have already been recovered. They are asking that we hold off on a hit at this time," dispatchers said. When asked by 12 News whether staff had entered incorrect vehicle information into the system, Milwaukee police did not directly answer but provided a statement: "MPD staff inadvertently did not remove a vehicle alert from the system. The vehicle alert that remained from MPD generated the
Aug 8, 2026 · via wisn.com
GM Canada spent this summer driving a fleet of Chevrolets, Buicks, GMCs and Cadillacs from Victoria, British Columbia, to St. John's, Newfoundland, letting the vehicles handle nearly the entire route with their hands off the wheel. The automaker says it's the first time Super Cruise, its hands-free driving system, has covered a compatible highway network from one Canadian coast to the other. That's a legitimately impressive feat of mapping and engineering. It's also not the most interesting part of the story. The interesting part is what it actually takes for a car company to earn the right to let go of the wheel across an entire country, and what riding along in exchange for that convenience actually costs you. What "Coast to Coast" Really Means Super Cruise works by combining cameras, radar, GPS and pre-scanned LiDAR maps to figure out exactly where a vehicle sits within its lane, then handling steering, braking, acceleration and lane changes on roads GM has designated "compatible." A camera aimed at the driver's face confirms attention is still on the road; look away too long, and the system slows the car to a stop and calls an OnStar advisor. None of that works on a road GM hasn't already mapped, which is why this year's headline addition is specific: new coverage in Nova Scotia, Prince Edward Island and Newfoundland, closing the gap that kept the system from stretching truly coast to coast. That mapping work is done largely out of GM's Canadian Technical Centre in Ontario, where more than 1,100 engineers across three campuses build and test the control software, lane-change logic and precision maps behind Super Cruise before exporting that work worldwide. Here's the detail worth sitting with: before Super Cruise can activate on any stretch of pavement, someone at GM has to have
Aug 8, 2026 · via autos.yahoo.com