Polestar, the Swedish electric vehicle brand with deep ties to China’s Geely Holding, has been told by the U.S. Department of Commerce’s Bureau of Industry and Security that it will not be allowed to sell 2027 model year and newer vehicles in the United States under the federal Connected Vehicle Rule. That does not mean every Polestar suddenly disappears from America, and it does not mean current owners are stranded on the side of the road with a very expensive Swedish paperweight. Polestar says it will continue to sell existing stock of the Polestar 3 and Polestar 4 in the U.S., and the company says it will continue to support customers, including access to its service network. That is the good news, such as it is. The bad news is that, as things stand now, Polestar cannot sell 2027 model year and newer vehicles here unless something changes with the federal government’s position. The issue is not crash safety, emissions, recalls, battery fires, or whether Americans are ready to buy another electric vehicle with no rear window. The issue is national security and connected-vehicle technology. Modern vehicles are rolling computers. They collect data, communicate through Bluetooth, Wi-Fi, cellular connections, and in some cases satellite technology. Federal officials have been concerned for some time that vehicles tied to China or Russia could potentially collect sensitive information on American drivers, locations, infrastructure, or allow remote access to vehicle systems. The Connected Vehicle Rule was adopted in January 2025 under the Biden administration and has been kept in place under the Trump administration. It applies to passenger vehicles under 10,001 pounds and begins with model year 2027 for covered software. The rule prohibits sales of connected vehicles by manufacturers owned by, controlled by, or subject to the jurisdiction or direction of China or
Jul 8, 2026 · via carpro.com
With Hyundai myQ Connected Garage, drivers gain a new level of convenience and peace of mind. Hyundai owners can verify if their garage door has been left open and close it remotely. Whether drivers are in their driveway or hundreds of miles away, drivers can monitor and manage their garage door access through the vehicle's touchscreen display for added awareness and convenience. Key features include: - Custom Geofencing: Conveniently automatically open or close a garage door based on a paired vehicle's proximity, ensuring seamless arrival and departure. Drivers can also close a garage even when the vehicle's backup camera takes over their screen. - Personalized Driving Experience: Tailor a garage door's operational settings to best fit the driver's lifestyle while on the move. This includes choosing a preferred distance for either automatic or prompted open and close, in addition to a valet mode which disables the service to protect the vehicle owner's home and privacy. - Multiple Garage Doors, Multiple Locations: Drivers can monitor and control one or more compatible garage doors linked to their myQ account from their Hyundai's touchscreen display. - Close Door Reminder: If the auto close feature is interrupted, drivers receive a 'close door reminder' on the vehicle's touchscreen within their chosen timeframe. "This new integration with myQ's Connected Garage reflects our focus on delivering intuitive, reliable technology that supports customers throughout their ownership journey," said Manish Mehrotra, Chief Information Officer at Hyundai Motor North America. "By integrating award-winning connected features into our vehicles, we're creating a more seamless, convenient experience customers can depend on every day." "Hyundai myQ Connected Garage seamlessly integrates simple and secure smart access technology into drivers' daily routines," said Kiel Fitzgerald, Vice President, Sales Strategy & Operations at Chamberlain Group. "Our partnership helps more drivers stay easily connected to their home's
Jul 8, 2026 · via prnewswire.com
The Swedish electric vehicle brand Polestar will begin selling a Korean-built version of its new Polestar 4 SUV in South Korea next year, marking the first time a Polestar vehicle produced at Renault Korea’s Busan plant will be offered to domestic consumers. Polestar announced on Tuesday that the new Polestar 4 SUV will make its global debut on Sept. 2. The new model is derived from the Polestar 4 coupe currently on the market. Unlike the coupe, which eliminated the rear window as part of its distinctive design, the SUV adopts a conventional rear window and traditional SUV styling. The rear-wheel-drive version offers a driving range of up to 630 kilometers on a single charge under European certification standards, while the dual-motor model delivers up to 544 horsepower. The SUV is expected to become the first Polestar vehicle manufactured in South Korea and sold in the domestic market. Since September 2025, Polestar has produced the Polestar 4 at Renault Korea’s Busan plant for export to overseas markets, including the United States and Canada. Vehicles sold in South Korea, however, have so far been imported from the company’s plant in Hangzhou, China. Industry observers have long questioned why Polestar did not sell locally produced vehicles in the domestic market. The company had previously cited lower production costs and stronger price competitiveness as reasons for supplying Korean customers with China-built models. Analysts said the shift in strategy reflects changing conditions in North America. The United States plans to restrict the import and sale of vehicles equipped with connected-car technology linked to China beginning in 2027, a move expected to reshape Polestar’s North American sales strategy and production allocation at its Busan factory. An industry official said assigning the new SUV to Busan production for the domestic market would help improve plant utilization
Jul 8, 2026 · via pulse.mk.co.kr
Drivers who have been in a car accident can now have their vehicles, depending on make, help file a claim with their insurance company. The technology is available to Toyota and Lexus drivers with State Farm insurance and allows them to instantly share crash data from their vehicles, speeding up the claims process. State Farm, the largest auto insurer in the country, and its partner Connected Analytic Services, a Toyota affiliate, will let eligible customers with 2020 or newer Toyota and Lexus models authorize a one-time transfer of crash data after an accident using the State Farm app. This feature is part of a larger trend in the insurance industry, in which companies use connected-car technology to verify crashes, send help faster, and settle claims more quickly. However, it comes after a series of high-profile controversies over connected-car data, including FTC allegations that General Motors collected and sold drivers’ location and behavior data without obtaining adequate consent. Different from telematics programs “Our service helps make the claims process easier by providing faster insight into what happened and what needs to happen next,” Jennifer Megargell, State Farm vice president of property and casualty claims, said in a news release announcing the program. State Farm says this new service is only for handling claims, unlike conventional telematics programs that constantly monitor driving behavior. If customers give clear consent through the Claims Hub in the State Farm app after an accident, claims representatives can access information from the vehicle, including: - Direction of travel - Vehicle speed - Point of impact - Crash location displayed on a map State Farm says it accesses only data from the specific date and time of the accident. It then uses this information to resolve that claim and doesn’t use it to set a driver’s future rates
Jul 8, 2026 · via insurify.com
Geely-owned Lotus has become the first Chinese manufacturer to export EVs to Canada under the country’s new tariff-quota framework, shipping 18 Eletre SUVs built at its Wuhan plant. The vehicles were loaded onto a ship in May and are due to be delivered in Montreal later this month. While China-built EVs are not new to Canadian roads, with brands such as Tesla, Volvo, Polestar, and Lotus already importing China-built EVs, this marks the first commercial use of the EV trade deal agreed between Canada and China earlier this year. This replaces Canada’s previous 100% tariff on China-built EVs with a 6.1% import tariff, though this is limited to the first 49,000 EVs imported each year. However, by year five of the agreement, this cap will rise to 70,000 EVs per year. The lower rate transforms the Eletre’s prospects in the Canadian market. The electric SUV now starts at 119,900 Canadian dollars, marking a near halving in price compared to its price before the China-Canada agreement. The small shipment gives Geely a way to test logistics, retail operations, and regulatory procedures ahead of any higher-volume entry, whether under its own badge or through other brands under its umbrella such as Zeekr. More than 2,900 Chinese-produced EVs arrived in Canada during May, the first month of imports under the new rules, though most of those are understood to be Shanghai-built Teslas. Other Chinese EV manufacturers, such as BYD and Chery are also eyeing up the Canadian market, as this new 6.1% tariff will also allow these manufacturers to be competitive on price against other vehicles already sold in Canada. While the coast is now clear for Chinese EV manufacturers to sell into Canada, cross-border politics may yet prove a barrier to sales. Last month, the neighbouring US denied Polestar authorisation to sell
Jul 8, 2026 · via electricdrives.tv
Liked this AI Summary? The Centre has asked automobile manufacturers and auto component makers to carry out a comprehensive audit of the software and electronic systems powering connected cars and electric vehicles (EVs), including commercial vehicles, amid rising cybersecurity concerns, Business Standard reported, citing people familiar with the matter. The Ministry of Heavy Industries has issued an advisory to the Society of Indian Automobile Manufacturers (SIAM) and the Automotive Component Manufacturers Association of India (ACMA). While the advisory urges companies to review their cybersecurity systems, it does not specify a deadline for completing the audit. The move comes days after the government directed Apple and Google to remove three mobile applications: BAT-BMS, Lossigy and Epoch-i-ion, from their app stores after they were allegedly misused to remotely disable electric vehicles by exploiting vulnerabilities in battery management systems. As per Business Standard, the ministry has asked manufacturers to examine battery communication interfaces, eliminate weak authentication mechanisms, remove unsecured default settings and secure over-the-air (OTA) software update pathways to reduce cyber risks. The advisory also urges automakers to work with the ministries of road transport and highways, and electronics and information technology to strengthen cybersecurity protocols at the manufacturing stage. It describes the recent hacking incidents as a "critical security vulnerability" requiring coordinated action across the automotive industry. The government's primary concern is understood to be connected cars, where internet-enabled features and remote access capabilities are becoming increasingly common. The three apps that were removed from Apple's App Store and Google's Play Store are designed to monitor battery parameters such as charge levels, temperature and battery health. However, videos circulating on social media allegedly showed users exploiting the apps to remotely disable electric vehicles by accessing their battery management systems via Bluetooth. According to the report, if low-cost lithium battery packs are deployed
Jul 8, 2026 · via moneycontrol.com
Damion Smy Australia to trial AI-powered traffic lights for the first time 5 Hours Ago News Editor Lexus is further sweetening its already-generous customer experience program in Australia, extending its complimentary Encore suite of incentives from three to five years. It’s part of a shake-up of Lexus’ aftersales ownership program, which also sees Lexus’ capped-price service program, vehicle warranties, and Lexus Connected Services subscriptions rolled under the Encore banner. There remain three tiers: Lexus Encore Signature, Lexus Encore Platinum, and Lexus Encore Elevate. The perks offered under each of these programs remain largely the same. Looking for your next car? We'll help you research and compare so you choose with confidence. Buyers of the LBX, UX, NX, RX, GX, ES and RZ get a five-year complimentary subscription to Lexus Encore Signature. This includes: It also includes five years of complimentary access to the wider Lexus Connected+ suite of connected services, which includes the ability to use the Lexus Connected smartphone app to remotely control the lights, locks, climate control, and windows, plus track your stolen vehicle. This is over and above the standard suite of Lexus Connected services, which are free for the life of the vehicle or until the sunset of the 4G or 5G network, and include functions like SOS emergency calling and automatic collision notification. Encore Platinum is for free for five years to buyers of the LC, LS, LX and LM. It includes all the Encore Signature elements, plus: There’s also Lexus On Demand, which allows owners to borrow another Lexus product for up to four times over the five-year period, for up to eight days at a time. If you don’t have an active Lexus Encore subscription, you can also pay for a one-year subscription to Encore Elevate for $1899 regardless of which Lexus model
Jul 8, 2026 · via carexpert.com.au
Fiat is betting that American drivers are ready for something smaller, slower and unapologetically cute. The Italian automaker announced this week that its Topolino — a compact, low-speed electric vehicle already popular in Europe — has officially landed in the United States, marking Stellantis’ first foray into the domestic micromobility market. A New Kind of Fiat for a New Kind of Driver The Topolino isn’t trying to compete with highway-ready EVs. Instead, it’s aimed at a different lifestyle entirely: gated communities, beach towns, resort developments and neighborhoods where a full-size car feels like overkill. Fiat brand CEO Olivier Francois framed the launch as more than a product introduction, describing Topolino as representing a new chapter defined by purpose rather than size, and positioning it as a reminder that mobility can still feel joyful and simple. That philosophy shows up in the vehicle’s design. With 14-inch wheels wrapped in vintage-style covers, a symmetrical body silhouette, LED lighting and hinged windows that pop open rather than roll down, the Topolino leans hard into retro Italian styling cues. Buyers can choose between two variants: the standard Topolino, which includes a panoramic sunroof and windshield defrost, or the breezier Topolino Dolcevita, which swaps in a roll-back soft-top, door rope detailing and dedicated “Dolce Vita” badging. The Numbers Behind the Novelty Underneath the retro exterior sits a genuinely modern electric powertrain. The Topolino runs on a 5.4-kWh lithium-ion battery, delivers a range of up to 46 miles, and recharges fully in about five hours on a standard 2.3 kW AC connection. Top speed is capped at 19 mph out of the box — squarely in golf-cart territory — though Fiat says owners will be able to unlock street-legal status later this summer through an optional Low Speed Vehicle conversion kit that bumps the top speed
Jul 8, 2026 · via autoconnectedcar.com
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. Kia Sorento hybrid SUV expected to launch around Diwali 2026. It could be offered with a 1.5L petrol hybrid powertrain in India. 2026 is set to be an important year of Kia India as the South Korean automaker will introduce its first mass-market BEV (battery electric vehicle) and HEV (hybrid electric vehicle). The Kia Syros EV will make its official debut in the last week of July and go on sale in August 2026. It will be the brand’s most affordable EV in India, taking on the Tata Nexon EV and Mahindra XEV 3XO. Meanwhile, the Kia Sorento three-row hybrid SUV will arrive around the Diwali season this year. The Kia Sorento is currently sold in several global markets including South Korea, United States, Australia, New Zealand along with select Middle East and European countries. Codenamed MQ4i, the upcoming Kia 7-seater hybrid SUV is reportedly being evaluated for India with a hybridised 1.5L petrol engine in India. However, it’s globally available with a 1.6L turbocharged GDi petrol engine paired with a 59bhp, permanent magnet synchronous motor. Depending on the market, the SUV comes with both FWD and AWD drivetrain system. Transmission duties are handled by a 6-speed automatic gearbox. With a powerful 1.6L petrol hybrid powertrain, the Kia Sorento accelerates 0 to 100kmph in 8-9 seconds, and offers a top speed of around 190kmph. Also Read: New Tata Nexon EV Rival Coming This Month – Key Details Dimensionally, the Sorento measures 4,815mm in length, 1,900mm in width and 1,700mm in height. The SUV comes with a 2,815mm long wheelbase and
Jul 8, 2026 · via carlelo.com
- Polestar is expanding the Polestar 4 range with a fresh SUV body style. - The coupe’s signature missing rear window returns on the new tailgate. - Its September debut skips the US, where Polestar sales will soon end. The Polestar 4 is an unconventional all-electric four-door coupe crossover that grabbed attention for one strange reason, the absence of a rear window. Now the automaker is broadening the lineup with a new bodystyle that promises a healthier dose of practicality. More: We Drove The Polestar 4 And It Wants To Change Your Mind On EVs While some expected the model to be a wagon, it has officially been announced as the Polestar 4 SUV. The teaser focuses on the rear quarter, where the EV looks more like a hatchback from this angle. A Rear Window At Last The most notable changes compared to the regular Polestar 4 are the redesigned roofline, the slightly reworked rear glass, and the upright tail. That upright tail brings a rear windshield on the tailgate, officially making this a five-door EV. The rest of the design is expected to carry over unchanged. Polestar 4 SUV The SUV will almost certainly keep the coupe’s 2,999 mm (118 in) wheelbase, and it may well match the 4,840 mm (190.5 in) overall length too, since the rear bumper appears to be a carryover piece. What it adds, in Polestar’s words, is “an added layer of flexibility and practicality, with versatile storage capabilities for every journey.” More: Buy A New Polestar For $25,000 Off. Small Catch, It’s Leaving The US At the same time, the SUV will retain the “design, performance, and sustainability credentials” of the Polestar 4 coupe. The 400V architecture will offer a WLTP range of up to 630 km (392 miles) for the single-motor RWD variant,
Jul 8, 2026 · via carscoops.com
South Korea Connected Car Systems Market 2026 Analysis and Forecast to 2035 Executive Summary Key Findings - Convergence of OEM and Electronics Supply Chains: South Korea's connected car systems market is uniquely positioned at the intersection of dominant domestic OEMs (Hyundai, Kia, Genesis) and global electronics giants (Samsung, LG, SK Hynix). This vertical integration advantage is driving a market CAGR of approximately 12-15% from 2026 to 2035, significantly outpacing traditional automotive component segments. - Acceleration of Software-Defined Vehicle (SDV) Architecture: The transition from distributed ECUs to centralized high-performance computing (HPC) platforms is creating a step-change in demand for domain controllers, AI accelerators, and over-the-air (OTA) capable telematic control units. This architectural shift is raising the average electronic system value per vehicle from USD 1,500-2,000 in 2026 toward USD 4,500-5,500 by 2035. - Strategic Import Dependence for Advanced Semiconductors: Despite strong domestic memory and display fabrication, South Korea relies heavily on imported application processors (APs), graphics processing units (GPUs), and advanced sensor modules (LiDAR, imaging radar) for premium connected systems. Annual imports of automotive microcontrollers and processors are estimated to exceed USD 2-3 billion, creating a structural supply chain vulnerability that is driving government-backed localization initiatives. Market Trends - Shift to Native V2X and 5G Connectivity: The Ministry of Land, Infrastructure and Transport (MOLIT) has mandated C-V2X (Cellular Vehicle-to-Everything) infrastructure on major highway corridors, forcing domestic OEMs and suppliers to integrate 5G-V2X modules as standard equipment. This is projected to make South Korea one of the fastest adopters of direct communication modules, with the C-V2X market growing at over 25% CAGR through 2035. - In-House Chip Development by OEMs: Hyundai Motor Group's strategic move to develop dedicated automotive SoCs (System-on-Chips) through its Hyundai Autron and 42dot subsidiaries signals a major shift away from off-the-shelf NVIDIA and Qualcomm platforms for future E/E
Jul 8, 2026 · via indexbox.io
20k+ tickets issued for school bus violations, man says he didn’t do it ROCHESTER, N.Y. — A man driving to Rochester for work said he received a bus stop camera ticket in March for a violation he didn’t commit, and despite providing evidence, he was still being told to appear in court. Curtis Pound’s ticket was voided after News10NBC began investigating. What the Video Shows Pound tells Kristi Blake the ticket came with video footage that clearly shows a different vehicle passing a stopped school bus on North Clinton Avenue. He said his car has a luggage rack that’s visible in other frames, proving it wasn’t the vehicle that ran the red light. In the video, Pound’s SUV goes past the bus while the bus is still moving. The stop arm has not moved out and the lights are not on. “That’s not my car,” Pound said. “Luckily, I have the luggage rack because otherwise it would be hard to tell. But when you stop it, you can see my luggage rack is on the car.” Monroe County’s Bus Patrol Coordinator looked into the video and agreed Pound received the violation in error. After reaching out to the city, the ticket was voided and his court date cancelled. Pound said without the video evidence, he probably would have paid the ticket. He questioned how the automated system connected his license plate to the violation when his car had already passed the bus before the signs activated. The Numbers As of mid-June, Monroe County says technicians have reviewed 35,579 citations and issued 19,031 tickets in the county program. In the city of Rochester, technicians have reviewed 46,199 citations; resulting in 21,216 tickets. Pound said he mailed a response explaining the error and sent proof of his luggage rack purchase. He said
Jul 7, 2026 · via whec.com
Germany Connected Car Systems Market 2026 Analysis and Forecast to 2035 Executive Summary Key Findings - Germany’s connected car systems market is structurally aligned with its position as Europe’s largest automotive manufacturing base, where annual vehicle production of roughly 3.5–4.0 million units and a new-vehicle connectivity penetration rate above 85% create sustained demand for telematics control units, V2X modules, and integrated cockpit electronics. - The market exhibits a moderate-to-strong growth trajectory driven by regulatory mandates (UN R155/R156 cybersecurity and software update regulations), the accelerated shift toward software-defined vehicles, and rising commercial-vehicle telematics adoption, with the total addressable system value likely expanding at a compound rate of 10–13% over the 2026–2035 period. - Import dependence remains significant for advanced semiconductors and certain RF modules—over half of supply by value originates from Asian foundries—while domestic Tier-1 suppliers (Bosch, Continental, ZF) and OEM captive operations anchor system integration and final assembly for vehicles produced in Germany. Market Trends - Electronic/electric architecture consolidation is compressing the number of ECUs per vehicle, shifting system demand toward fewer but higher-value domain controller platforms that integrate telematics, gateway, and driver-assistance functions. - Aftermarket installation of connected car systems is accelerating in the commercial fleet segment, where regulation-driven digital tachographs, real-time tracking, and remote diagnostics are converting older vehicle fleets at an estimated 8–12% annual retrofit rate. - Cybersecurity compliance costs are driving a consolidation of certified suppliers, as automakers increasingly favor pre-validated module providers that can demonstrate conformity with UN R155 and ISO/SAE 21434 from design stage onward. Key Challenges - Extended lead times and price volatility for application-specific automotive-grade semiconductors (MCUs, SoCs, RF chips) continue to strain procurement cycles, with lead times for some 28nm and 16nm devices still in the 16–26 week range despite easing from the 2021–2023 crisis peaks. - Regulatory fragmentation between EU
Jul 7, 2026 · via indexbox.io
The Philadelphia Police Department has released new photos of the SUV believed to be connected to a deadly hit and run crash that left a Temple student dead in June. Stream Philadelphia News for free, 24/7, wherever you are with NBC10. The crash happened at around 11:15 p.m. on June 25, 2026, at the intersection of Kelly Drive and Reservoir Drive after a white SUV traveling eastbound on Kelly Drive tried to make an illegal U-turn onto Reservoir Drive, police said. After realizing the U-turn could not be completed, the driver of the white SUV tried to return to the eastbound lanes and entered into the path of 20-year-old Bryce Wolfe's 2004 Triumph motorcycle that was traveling westbound, police said. Wolfe struck the white SUV and became lodged underneath the vehicle, police said. The white SUV then dragged Wolfe "for more than one mile—from Reservoir Drive to the area of Fountain Green Drive—before the victim became dislodged." Police said that Wolfe was wearing a helmet and was taken to the hospital, where he was listed in critical condition with a fractured right leg and extensive road burns on his head and face. But he was pronounced dead at 4:41 a.m. Thursday morning. The vehicle that police are searching for is described as a white 2001-2008 Chevrolet Trailblazer, officials said. It possibly has damage to the driver-side with red paint from the motorcycle as well as a broken back windshield and a discolored passenger-side front wheel. Local Breaking news and the stories that matter to your neighborhood. Anyone who believes they may have seen the car or has other useful information is urged to contact the Philadelphia Police Department's Crash Investigation Division at 215-685-3181 or anonymously online here.
Jul 7, 2026 · via nbcphiladelphia.com
Two weeks ago, enthusiasts in America were hit with a bombshell: Polestar, the Chinese-owned Swedish EV manufacturer, would be exiting the U.S. market after failing to receive a waiver to get around U.S. Department of Commerce "connected vehicles" policy. The ruling means that the company cannot sell cars built after the 2027 model year in the country, leaving Americans to find deals on the final cars brought into the country. Unfortunately, that means we probably will not be getting Polestar's newest 4 variant any time soon—and that seems like a crying shame. Called the 4 SUV and set to be formally revealed in short order, teasers shown on Tuesday and in February, as well as the profile and proportions of the currently available model, suggest that the first Polestar 4 with a rear window actually represents a conventional two-box wagon more than it does a high-riding soft-roader. The biggest change from the standard 4 is the presence of a rear window, reversing a notorious decision made on the hatchback / coupe-like 4 currently on sale in the U.S. and elsewhere. A Polestar release claims that the 4 SUV gets a "refined driving experience" over the standard 4, thanks to "retuned chassis dynamics." Peak range and power are both slightly improved, with single-motor variants adding 21 miles of generous WLTP cycle range over the longest-distance 4 on sale today. The dual-motor model offers up to 544 horsepower, according to the release. Polestar says that buyers can get their hands on the 4 SUV starting on September 2nd and that it will be available in "a majority of Polestar markets." Sadly, unless something changes, the ruling two weeks ago means that the U.S. will not be a Polestar market at all for much longer. Fred Smith's love of cars comes from his
Jul 7, 2026 · via roadandtrack.com
Repairify, Opus IVS complete merger 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. Repairify and Opus IVS have completed the combination of their automotive diagnostics businesses. The merger, which was first announced in January, combines Repairify’s diagnostics brands asTech and BlueDriver with Opus IVS In a news release, the companies said, “the combined organization is positioned to further strengthen support for repair and collision shops, dealership collision shops and mobile automotive service providers, while advancing the future of automotive diagnostics technologies.” Opus IVS CEO Brian Herron will lead the combined companies’ diagnostics businesses, which include asTech, Opus IVS and BlueDriver. “Today is an important milestone for our two companies’ growth journeys. By bringing together our teams, technologies, and expertise, we are strengthening our ability to serve customers with even greater innovation, reliability, and value,” Herron said in a news release. “We look forward to accelerating the development of the next generation of technology solutions for the automotive diagnostic and repair industry, helping shops and technicians work more efficiently, make better decisions, and stay ahead in an increasingly connected automotive landscape,” he said. 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 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. The two organizations will align operations to, “deliver a more cohesive experience for customers and partners, with coordinated efforts in engineering, service delivery, and customer support,” with leaders
Jul 7, 2026 · via autoremarketing.com
News The Thai telco is questioning the validity of a newly reported $1 billion stake in the business The Thai Securities and Exchange Commission (SEC) is under scrutiny this week after individual investor, identified as Supaporn Pimphong, has reported a trade bringing her ownership of telco True Corporation to 7% – but the telco says it has doubts the trade really took place. The discrepancy came to light when True asked the SEC to verify a filing showing Supaporn had acquired a roughly a 3.2% stake from UBS Group AG on June 15. This acquisition would raise Supaporn’s position to around 7.1%, worth around 32.5 billion Baht ($1 billion), making her one of True’s largest stakeholders. Further confusing matters, Supaporn’s filing claimed the purchase included both ordinary shares and a block of ‘preferred shares’. True Corp, however, says it has never issued preferred shares and have none outstanding in their capital structure. The SEC has subsequently launched a probe into the matter. An individual investment of this scale is always noteworthy, but the lack of information surrounding Supaporn’s identity makes the apparent mistakes in this filing particularly concerning. Initial investigations into her identity by Thai media outlet Khao Hoon uncovered no information regarding her business background, investment track record, or preexisting wealth portfolio. What they did find, however, was that since 2018 Supaporn had filed massive ownership positions in major Thai blue-chip companies, including a 49% stake in GJS Steel and positions over 5% in Bangkok Bank, Kasikornbank, an Asia Aviation. Combined, these stakes would be worth around $1.5 billion, not including Supaporn’s supposed $1 billion stake in True. The Stock Exchange of Thailand (SET) and the respective companies’ shareholder registries have since confirmed that none of these positions officially exist. So, what exactly is going on here? It seems
Jul 7, 2026 · via totaltele.com
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Jul 7, 2026 · via youtube.com
Ituran Location stock and its connected-car services. How the telematics provider positions itself for steady growth Veröffentlicht: 07.07.2026 um 16:55 Uhr, Redaktion AD HOC NEWS, Redaktionelle Verantwortung: Rafael Müller (Chefredaktion)Ituran Location is a telematics and connected-car specialist that offers vehicle tracking, stolen vehicle recovery and fleet management services, mainly in Israel and Latin America. The company (ISIN IL0010834373) positions itself as a technology-enabled service provider with recurring revenue streams from long-term customer contracts. Telematics and connected-car focus Ituran Location builds its business around installing hardware devices in vehicles and connecting them to its monitoring centers via cellular networks. This combination of hardware, software and operations allows the company to offer location-based services such as theft detection, stolen vehicle recovery and various alert functions tailored to insurers, corporate fleets and retail customers. The company’s service model typically involves an upfront fee for device installation followed by monthly service payments. This structure can create predictable, subscription-like revenue over the life of the vehicle or the customer relationship. In markets with high vehicle theft rates, these services are often marketed in cooperation with insurers that may offer discounts when policyholders use such tracking systems. Regional footprint and customer segments Ituran Location’s core operations are based in Israel, with additional activity in selected Latin American countries where vehicle theft and insurance risk are significant concerns. The company targets several key customer groups: individual car owners seeking theft protection, insurance companies that integrate telematics into policies, and businesses that operate commercial fleets. For individual car owners, the main value proposition is peace of mind and a higher probability of recovering a stolen vehicle. For insurers, telematics data can help evaluate risk, detect fraud and encourage safer driving behavior. Fleet operators can use the data to optimize routes, monitor driver behavior and reduce fuel and maintenance
Jul 7, 2026 · via ad-hoc-news.de
As connected vehicles become increasingly sophisticated, many motorists assume that built-in tracking technology can help recover a stolen vehicle quickly. However, Thatcham Research has warned there is a “genuine and growing” gap between consumer expectations and the reality of what connected car services can actually deliver. The warning follows the widely reported case of technology analyst Ian Fogg, whose Kia EV6 was stolen from outside his home while he was abroad. Although Kia was able to determine the vehicle’s location through its Kia Connect service, repeated delays in sharing that information meant the car ultimately disappeared and was later traced to Lithuania. The incident has reignited debate about whether connected vehicle services are keeping pace with customer expectations, and whether legal, technical and regulatory barriers are preventing manufacturers from doing more to help recover stolen vehicles. This is not just a Kia issue, but a connectivity and legal issue that all OEMs face. Many drivers mistakenly believe that connected vehicle apps function like dedicated stolen vehicle recovery systems. In reality, services such as Kia Connect are primarily designed to provide convenience features including vehicle status, remote climate control, charging information and location services. Kia stressed that its connectivity platform is not intended to operate as a real-time stolen vehicle tracking service. A spokesperson said: “The connectivity features available in Kia vehicles are intended to enhance customer convenience and are not designed as a vehicle tracking system. Accordingly, they do not provide real-time tracking capabilities for stolen vehicles.” This distinction is significant. Unlike specialist tracking providers that actively monitor stolen vehicles and liaise directly with police, most manufacturer-connected services rely on customer support processes rather than dedicated theft response teams. In Fogg’s case, he said Kia’s customer service was only accessible through online support tickets. According to his account, location updates
Jul 7, 2026 · via fleetpoint.org