General Motors will pay $12.75 million to settle a California consumer protection lawsuit that alleged the company illegally sold drivers’ behavior and location data, the state’s attorney general announced Friday. The settlement requires GM to stop selling driver data to consumer reporting agencies, including data brokers, for five years and to delete any driving data within 180 days except for limited internal uses. “We’re talking about data that not only shows how a person drove but also precisely where they drove, which could easily be used to paint a picture of their everyday habits and movements,” California Attorney General Rob Bonta said at a news conference announcing the largest Consumer Privacy Act penalty in the state’s history. Bonta alleges that from 2020 to 2024, GM illegally sold the names, contact information, geolocation data and driving behavior of hundreds of thousands of Californians without their knowledge or consent, violating a provision in the California Consumer Privacy Act that voters approved in 2020 to limit the use and disclosure of sensitive personal information collected about them. The act requires that businesses tell consumers about their privacy practices and allow consumers to opt out of their personal information being sold or shared. It also limits how sensitive personal information can be shared with third parties. The California Department of Justice alleges General Motors made approximately $20 million from selling drivers’ data. “This agreement addresses Smart Driver, a product we discontinued in 2024, and reinforces steps we’ve taken to strengthen our privacy practices," a GM spokesperson told Spectrum News in a statement. "Vehicle connectivity is central to a modern and safe driving experience, which is why we’re committed to being clear and transparent with our customers about our practices and the choices and control they have over their information.” California began investigating GM after
May 8, 2026 · via spectrumlocalnews.com
Bosch is rolling out its cloud-based road hazard service in BMW Group vehicles, with the service live since March 2026 across selected BMW iX1, iX2, iX3, X3 and Mini models. The supplier plans to extend the rollout gradually across additional BMW models over the next few years. Launched in June 2024 with a European OEM and extended to a major commercial vehicle maker six months later, the service is now in millions of vehicles in Europe and the US. It warns drivers of accidents, abandoned vehicles, hydroplaning risk, heavy snow and strong wind, with OEMs able to set warning sensitivity to their own specifications. The system rests on a smart-fusion concept combining anonymised real-time data from millions of connected vehicles with third-party weather and road operator inputs. An algorithm cross-references signals such as electronic stability program interventions and windscreen wiper activity to identify emerging risks. Bosch separately offers a cloud-based wrong-way driver warning, which can be bundled into the package or sold as a standalone feature, with partner smartphone apps downloaded more than 100 million times. In a statement, Markus Heyn, member of the board of management at Bosch and chairman of the Mobility business sector, said: “The road hazard service anticipates critical situations, making driving safer and easier. It predicts and informs drivers, whether they are in a car or a truck, of hazards on the route and helps them avoid critical situations.” Source: Bosch
May 8, 2026 · via automotiveworld.com
Welcome to our dedicated page for Gentex SEC filings (Ticker: GNTX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms. The Gentex Corporation (NASDAQ: GNTX) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Gentex is a Michigan-incorporated technology company that supplies digital vision, connected-car, dimmable glass, fire protection, medical, biometric, and consumer electronics products to multiple industries, including automotive and aerospace. Through this page, users can review current reports on Form 8-K, which Gentex uses to announce material events such as quarterly financial results. For example, the company files 8-K reports to furnish news releases detailing results of operations and financial condition for specific quarters, attaching those releases as exhibits. These documents help investors understand revenue by category, gross margin trends, operating expenses, and the impact of acquisitions like VOXX on consolidated results. In addition to 8-Ks, investors typically consult annual reports on Form 10-K and quarterly reports on Form 10-Q for more comprehensive information on Gentex’s business, risk factors, segment performance, and capital allocation. Filings related to share repurchases, dividend declarations, and guidance updates can provide further insight into how Gentex manages its balance sheet and returns capital to shareholders. Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping users quickly identify major developments, changes in guidance, and important risk disclosures. Real-time updates from EDGAR make it easier to track new Gentex filings as they appear, while access to historical reports supports deeper research into the company’s long-term performance and strategic direction. Wellington Management Group LLP and related entities report beneficial ownership of 2,300,392 Gentex Corporation common shares, representing about 1.05% of
May 8, 2026 · via stocktitan.net
May 08, 2026 04:56 AM EDT
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May 8, 2026 · via autonews.com
Hyundai recently disclosed several plans in its investor presentations. The brand focused majorly on expansion and introducing newer models in the country. While the brand has already revealed its plan of launching 26 models by FY2030, this time it revealed that it will launch two new models by FY2027. Here’s everything about the upcoming two Hyundai SUVs – Attention Readers! Join us on Whatsapp Community for daily auto news updates Upcoming Hyundai SUVs – Hyundai Bayon Hyundai already had plans of launching the Bayon in India. It is being highly considered in India, and we expect it to launch by the end of this year, with prices starting from as low as Rs 13 lakh (on-road, Mumbai). The Bayon SUV is currently on sale in the international markets and comes with a slew of features. It includes a 10.25-inch instrument cluster, a 10.25-inch infotainment touchscreen, 64-colour ambient lighting, a wireless charging pad, a sunroof, and more. Moreover, for added safety, it also features an ADAS suite. Powertrain-wise, the Bayon might feature a 1.0-litre turbo petrol engine, along with a 1.2-litre NA petrol engine. Going further, the SUV will also get a CNG powertrain with Hyundai’s hy-CNG twin cylinder tech. We expect the Bayon in CNG to deliver around 20-22 kmpl, depending on driving behaviour. Also Read – Upcoming Mini Duster To Give 30kmpl+ Mileage New Hyundai EV The second model on the list is expected to be the boxy SUV that was spotted testing some time back. The model is expected to be based on the Hyundai Inster EV and rival the Tata Punch EV in India. This electric Hyundai could launch by early 2027, with prices starting from Rs 12 lakh (on-road, Mumbai). Any major details about the model haven’t been revealed yet. The model was spotted testing in
May 8, 2026 · via motoroctane.com
Why In-Vehicle Networking Is Becoming the Backbone of Connected and Autonomous Vehicle The global In-Vehicle Networking market is witnessing rapid growth as automotive manufacturers increasingly adopt advanced communication architectures to support connected, autonomous, and software-defined vehicles. The growing integration of advanced driver assistance systems (ADAS), infotainment platforms, electric vehicle technologies, and real-time vehicle diagnostics is significantly increasing demand for high-speed and reliable in-vehicle communication networks.Modern vehicles are evolving into highly connected digital platforms that require seamless data exchange between sensors, electronic control units (ECUs), cameras, powertrain systems, and onboard computing modules. This shift is accelerating the adoption of next-generation in-vehicle networking technologies across the automotive industry. Download Your Free Sample Report Now: https://www.datamintelligence.com/download-sample/in-vehicle-networking-market?prasad ➤Connected and Autonomous Vehicle Development Driving Market Growth The expansion of intelligent mobility systems is increasing the complexity of vehicle electronics and data communication requirements. In-vehicle networking technologies are increasingly being deployed to: Enable communication between vehicle subsystems and ECUs Support ADAS and autonomous driving functions Manage real-time sensor and camera data transmission Improve vehicle diagnostics and predictive maintenance Enhance infotainment and connected car experiences As vehicles become more software-centric, robust networking infrastructure is becoming essential for automotive performance, safety, and functionality. ➤Electric Vehicles Accelerating Demand for High-Speed Automotive Networks The rapid growth of electric vehicle production is creating strong demand for advanced in-vehicle networking solutions capable of supporting complex electronic architectures. Automotive manufacturers are increasingly utilizing networking technologies for: Battery management systems and energy optimization Vehicle-to-everything (V2X) communication Over-the-air (OTA) software updates Autonomous driving data processing Real-time powertrain and safety monitoring The increasing electronic content in EVs is driving the need for faster and more reliable communication protocols. Purchase the Exclusive Full Report: https://www.datamintelligence.com/buy-now-page?report=in-vehicle-networking-market?prasad ➤Automotive Ethernet and CAN Technologies Gaining Traction Automotive companies are rapidly transitioning toward advanced communication standards to manage increasing vehicle data traffic
May 8, 2026 · via openpr.com
Table of Contents Market Overview The global Automotive Operating System Market was valued at USD 16.9 Billion in 2024 and is projected to reach USD 48.9 Billion by 2034. The market is expected to grow at a CAGR of 11.2% during the forecast period from 2025 to 2034. Rising demand for connected vehicles and software-defined mobility continues driving strong industry expansion. Automotive operating systems are embedded software platforms that manage infotainment, connectivity, safety functions, and vehicle performance operations. Automakers use these systems to support seamless communication between hardware and software components. Additionally, advanced automotive OS platforms enable over-the-air updates, cloud integration, and personalized in-car experiences across modern vehicle ecosystems. Data-Driven Insights for Smarter Business Decisions: Explore the Full Report Passenger vehicle manufacturers, electric vehicle producers, and fleet operators are major adopters of automotive operating systems. Automotive companies use these platforms to improve navigation, telematics, predictive maintenance, and advanced driver assistance functions. Consequently, increasing digitalization across mobility services continues expanding software integration within both consumer and commercial vehicle categories. Technology companies continue enhancing automotive operating systems through artificial intelligence, edge computing, and cybersecurity integration. Advanced OS platforms now support real-time analytics, predictive diagnostics, and secure data management capabilities. Consequently, automakers improve system reliability, reduce maintenance complexity, and deliver enhanced human-machine interaction across software-defined vehicle architectures. Governments worldwide continue supporting digital mobility initiatives and intelligent transportation infrastructure development. Regulatory frameworks focused on data security, autonomous driving compliance, and emission reduction further increase demand for advanced automotive operating systems. Additionally, long-term software lifecycle management requirements encourage automakers to prioritize scalable and regulation-ready software platforms. Consumer behavior strongly influences software adoption trends across the automotive sector. Research findings show that 55% of Chinese respondents and 57% of battery-electric vehicle users would switch vehicle brands for better connectivity features. Additionally, 49% of U.S. respondents and
May 8, 2026 · via scoop.market.us
United States Connected Cars Market 2033 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities Market Size and Growth 2026The Global Connected Cars Market reached USD 39.1 Billion in 2025 and is expected to reach USD 151.1 Billion by 2033, growing with a CAGR of 18.5% during the forecast period 2026-2033. Download Free Sample Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/connected-cars-market?sb DataM Intelligence has released a new research report titled Connected Cars Market Size 2026 The report delivers in-depth insights into key market dynamics, including regional growth trends, market segmentation, CAGR projections, and the revenue performance of leading industry players. It also highlights major growth drivers shaping the market landscape. Designed to provide a clear and comprehensive perspective, the report offers a detailed view of the current market size in terms of both value and volume, along with emerging opportunities and the overall development outlook of the global Connected Cars market. Key Developments 2025-2026: United States: Recent Industry Developments ✅ In March 2026, Lucid Motors, Uber, and Nuro unveiled a next-generation connected robotaxi platform with autonomous on-road testing capabilities. The vehicles integrate AI-driven connectivity, advanced infotainment, and real-time data systems. The collaboration strengthens the future of software-defined and connected mobility. ✅ In February 2026, HARMAN International partnered with Viasat to introduce satellite-enabled in-vehicle communication systems for connected cars. The technology allows drivers to access connectivity services even in remote locations without cellular coverage. It advances next-generation connected vehicle communication infrastructure. ✅ In January 2026, Kapsch TrafficCom received FCC certification for its next-generation connected vehicle roadside hardware using C-V2X technology. The platform enables real-time communication between vehicles, infrastructure, and road users for improved traffic safety. It supports the expansion of smart transportation ecosystems in the U.S. ✅ In January 2026, Visteon Corporation launched AI-powered connected cockpit
May 8, 2026 · via openpr.com
- The Italian government stepped in to limit China’s control over Pirelli. - The Cyber Tyre tech includes sensors to enhance driving dynamics. - These new tires will be manufactured at Pirelli’s site in Rome, Georgia. Pirelli has been given the go-ahead to begin manufacturing its latest series of tires in the United States, with help from the Italian government. It’s an important development for the tire manufacturer and will help to offset some of the impacts of US tariffs. The company’s plant in Georgia will soon start manufacturing connected tires using Pirelli’s Cyber Tyre technology. These tires include sensors that can collect data and work in conjunction with a vehicle’s on-board electronics, including the ABS and stability control systems, to enhance driving dynamics and safety. Read: Pirelli’s Tires Already Have Sensors In The Rubber, Now They’re Adding AI Eyes Too For more than a year, there had been concerns that Pirelli Chinese company Sinochem holds a 34.1 percent stake in the tire giant. With the US government clamping down on Chinese technology, it seemed likely Pirelli would have to build these tires elsewhere. in the US because theItaly Saves The Day However, the Italian government stepped in, using its ‘golden powers’ rule established to protect companies that are of national strategic interest. Last month, Italy imposed several curbs on Sinochem, noting that none of the eight board members that Sinochem has previously appointed will be allowed to hold top corporate positions like chairman or chief executive. In addition, Sinochem has been instructed that it cannot exert any influence over the company, and noted that Pirelli doesn’t need to share sensitive information with the Chinese company. Pirelli’s plant in Georgia can currently produce up to 400,000 tires annually. The company did not say how many tires using its Cyber Tyre
May 8, 2026 · via carscoops.com
That 15-company list of firms with a market capitalization north of $1 trillion spans familiar technology titans alongside companies that, at first glance, may appear to have little in common. After all, should one put executives from other trillion-dollar-club firms like Eli Lilly, Walmart, Berkshire Hathaway, Broadcom and the dominant hyperscalers of the AI era all around a dinner table, it might be hard to see how the conversation might steer toward a single commonality other than that of the unprecedented value global capital markets have concentrated at their feet. But beneath the surface, the world’s biggest firms are in fact linked by an emerging pattern. These companies are not merely large. They are not merely valuable. Rather, their scale and their value both stem from the fact that they occupy critical bottlenecks inside systems the rest of the economy cannot function without. The 21st century trillion-dollar corporation is not defined by a consumer brand success story or labeled fairly as a natural byproduct of globalization. Increasingly, crossing the $1 trillion market cap threshold is the economic reward for controlling an indispensable layer of infrastructure—be it supply, distribution, computation or trust—across what PYMNTS has for years termed the Connected Economy. See also: Data Is Dead as a Competitive Advantage. 12 Executives Share What’s Next The Age of the Chokepoint Corporation Twentieth-century industrial giants often won by producing more cars, oil or steel than competitors. Today’s most valuable firms win by becoming unavoidable intermediaries. They sit at the center of networks that entire industries depend upon, creating economic gravity that compounds over time. Advertisement: Scroll to Continue The market today is not just rewarding innovation. It is rewarding strategic centrality. Samsung’s ascent captures the trend. The South Korean conglomerate is not simply a consumer electronics company. It is one of the
May 7, 2026 · via pymnts.com
NEWARK, Del., May 7, 2026 /PRNewswire/ -- According to the latest analysis by Future Market Insights, the global Android Automotive OS (AAOS) market is entering a high-growth expansion phase, driven by rising demand for connected vehicle technologies, advanced infotainment systems, and integrated software-defined vehicle architectures. Valued at USD 895.6 million in 2025, the market is projected to reach USD 2,139.7 million by 2035, expanding at a CAGR of 9.1%. For automotive OEMs, software developers, and mobility technology providers, Android Automotive OS is no longer limited to infotainment functionality-it is becoming a critical digital backbone enabling intelligent vehicle ecosystems, seamless connectivity, and next-generation in-vehicle user experiences. Quick Stats - Android Automotive OS (AAOS) Market - Market Size (2025): USD 895.6 Million - Forecast Value (2035): USD 2,139.7 Million - CAGR (2025-2035): 9.1% - Leading Type Segment: Basic AAOS (62.4% Market Share) - Dominant Application Segment: OEMs & Tier-1s (78.6% Share) - Absolute Market Opportunity: USD 1,244.1 Million - Key Growth Markets: China (12.3%), India (11.4%), Germany (10.5%) - Key Players: HaleyTek, RTSoft, Tata Elxsi, Visteon Corporation, Lotus Cars, Green Hills Software Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-27564 Executive Insight for Decision Makers The Android Automotive OS market is at a strategic turning point where software integration, connected mobility, and digital cockpit experiences are redefining automotive value creation. As consumers increasingly expect smartphone-like functionality inside vehicles, automotive manufacturers are rapidly transitioning toward embedded operating systems capable of supporting infotainment, navigation, voice control, AI integration, and connected services. Organizations that fail to adopt scalable and customizable AAOS platforms risk lagging behind in software-defined vehicle innovation and connected mobility competitiveness. Meanwhile, companies investing in advanced Android integration, AI-enabled vehicle systems, and over-the-air (OTA) software ecosystems are strengthening long-term positioning in next-generation automotive markets. Market Momentum: Powering the Software-Defined Vehicle Era
May 7, 2026 · via finanznachrichten.de
Xperi reported strong growth in its connected car business during the first quarter of 2026, highlighting the expansion of automotive partnerships and broader adoption of its in-vehicle entertainment and data platforms as key drivers of future revenue growth. The company said its AutoStage connected car platform grew more than 45% on a year-over-year basis, reaching more than 16 million vehicles across 13 automotive brands as of March 31. Xperi executives said the company is continuing to position connected vehicles as a central part of its long-term monetization strategy through expanded radio, advertising and audience-measurement capabilities. “Continued growth in the Connected Car platform footprint as well as new automotive OEM programs are expected to accelerate monetization,” the company said in announcing its quarterly results. During the quarter, Xperi launched a premium version of its AutoStage Broadcast Portal, a subscription-based analytics service designed to provide radio broadcasters with audience behavior data and listening metrics across 300 U.S. radio markets. The company said the platform offers broadcasters more detailed visibility into how consumers interact with audio content inside vehicles. Xperi also announced new multi-year HD Radio renewal agreements with two major Asian Tier 1 automotive suppliers. In addition, HD Radio technology launched in new vehicle models from automakers including Audi, Honda, Mercedes-Benz and Toyota. The connected car developments were part of a broader quarterly report that showed growth in Xperi’s media and advertising businesses. “We are beginning to see the inflection in our monetization strategy as our Media Platform revenue grew 45% when compared to the first quarter of 2025,” said Jon Kirchner, Xperi’s CEO. “During the quarter, we made significant improvements to our ad products by enhancing targeting and measurement, further growing the TiVo One ad platform footprint, and expanding partnerships that, collectively, are expected to accelerate advertising monetization.” Kirchner added: “The
May 7, 2026 · via insideradio.com
Summary - What the Car Buyer Journey Study reveals about how buyers expect deals to work - How digital progress and AI are reshaping expectations at your deal desk - What you can do to execute smarter, more connected deals today Buyer satisfaction is at an all-time high. More steps are happening digitally. And shoppers who use AI report greater trust and confidence in the deal. That’s not a coincidence. The latest Car Buyer Journey Study shows how buyer expectations are reshaping the path to purchase. But the biggest takeaway is not just how shoppers behave. It is what those behaviors demand from the deal desk. Here is what the study signals about smarter deal execution and what you can do next. 1. Buyer satisfaction is at an all-time high Buyer satisfaction may be at an all-time high, but that doesn’t mean they’re easier to please. It means your buyer’s expectations are clearer, sharper, and less forgiving when execution falls short. The reality? Consistency matters more than ever. When numbers change unexpectedly, steps feel disconnected, or the deal becomes harder to follow, buyers notice. And satisfaction erodes faster than it did in the past. What the Car Buyer Journey Study Reveals The bar for execution has been raised. As buyer satisfaction climbs, tolerance for friction drops. Small gaps stand out more clearly. Misalignment between teams, tools, or steps creates doubt where confidence should exist. Your deal desk plays a larger role than ever in reinforcing clarity and trust. It is no longer just the place where deals are finalized. It is where expectations are either met or missed. Satisfaction is now table stakes. Execution gaps are more visible than ever. Your Opportunity Buyers expect alignment, transparency, and consistency at every step—and they hold the deal desk accountable for delivering it.
May 7, 2026 · via coxautoinc.com
WASHINGTON, D.C. – Last week, U.S. Senators Elissa Slotkin (D-MI) and Bernie Moreno (R-OH) rolled out the Connected Vehicle Security Act of 2026, legislation designed to defend the American auto industry against the increasing threat of Chinese-manufactured vehicles. By cutting off Chinese vehicles, software, and critical hardware at every stage, from the factory floor to the dealership parking lot, the bill ensures that American drivers’ personal data cannot be harvested on U.S. roads and funneled back to the Chinese government. The Connected Vehicle Security Act of 2026 has drawn broad support from across the American auto industry and national security community – with statements of support from labor, the car companies, and auto industry trade groups. Watch Slotkin and Moreno talk about their bill on Bloomberg Balance of Power WHAT THEY ARE SAYING ABOUT THE CONNECTED VEHICLE SECURITY ACT OF 2026: NBC: Senators introduce bipartisan bill banning Chinese vehicles and auto parts - Sens. Bernie Moreno, R-Ohio, and Elissa Slotkin, D-Mich., introduced the Connected Vehicle Security Act, which would ban automobiles, parts and vehicle software made in China or in partnership with China, as well as other adversarial nations, from the U.S. market. Detroit News: Slotkin, Moreno buck Trump with bipartisan Chinese car ban proposal - Democratic U.S. Sen. Elissa Slotkin of Michigan and Republican U.S. Sen. Bernie Moreno of Ohio introduced a bill Wednesday to solidify barriers to China building its U.S. automotive presence. WJR: Sen. Slotkin Co-Introduces Ban on Chinese Vehicles in U.S. - Sens. Bernie Moreno (R-OH) and Elissa Slotkin (D-MI) introduced a bill that would also implement these bans to other nations hostile to the U.S. This comes weeks before President Donald Trump will meet with Chinese President Xi Jinping in person. UAW President Shawn Fain: “Our national and economic security relies on a strong US
May 7, 2026 · via slotkin.senate.gov
16:34 News Story Slotkin calls Chinese-made vehicles ‘TikTok on wheels’ as she rolls out new legislation to ban them U.S. Sen. Elissa Slotkin (D-Holly), center right, listens to Glenn Stevens of MichAuto, right, during a panel discussion on U.S-China relations hosted by the Detroit Regional Chamber. The discussion also included Detroit Regional Chamber President Sandy Baruah, center left, and was moderated by broadcaster Guy Gordon, left. May 7, 2026 | Screenshot Adversarial Chinese data collectors on wheels — that’s how Democratic U.S. Sen. Elissa Slotkin described the potential data security threats of Chinese-made vehicles during a discussion on Thursday with the Detroit Regional Chamber regarding U.S.-China relations and their effect on Michigan’s economy. Slotkin’s remarks on Thursday also followed her introduction of new legislation to ban Chinese vehicle production and use within the United States, especially if they are internet-connected and feeding information to foreign adversaries, namely, China. Slotkin said the concern is palpable because the equipment being used to track those vehicles and driver data pose grave national security and data safety questions. The bill is being co-sponsored by Republican U.S. Sen. Bernie Moreno of Ohio. As a bipartisan effort, the new bill flies in the face of President Donald Trump’s recent commentary on potentially letting China build and sell vehicles in America. It has some Republican support but could face headwinds with some of Trump’s most loyal supporters in Congress. Slotkin among U.S. senators calling Chinese autos “nonnegotiable” threat in letter to Trump The conversation with Slotkin also set the table, so to speak, for Trump as plans to meet soon with Chinese officials at a summit that could have further economic implications for the U.S.-China relationship and Michigan. Slotkin said Thursday that she hopes Chinese vehicle production and intellectual property theft are part of those discussions. She
May 7, 2026 · via michiganadvance.com
Cerence AI Delivers Strong Q2 FY26 Results with Revenue Above Guidance; Raises and Refines Full-Year Outlook Headlines • Exceeded Q2 expectations with $64.2 million in revenue and $7.2 million in Adjusted EBITDA, both above the high end of guidance; net income within range at $1.7 million; $14.1 million in operating cash flow; and $13.6 million in free cash flow • Continued customer and technology momentum, with Cerence xUI-powered vehicles starting production and expanding adoption across Audio AI and generative AI solutions with global OEMs • Raises midpoints of full-year revenue, Adjusted EBITDA and free cash flow guidance BURLINGTON, Mass., May 7, 2026 – Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today reported its second quarter fiscal year 2026 results for the period ended March 31, 2026. “We delivered another strong quarter, exceeding the high end of our revenue and adjusted EBITDA guidance while continuing to generate meaningful free cash flow,” said Brian Krzanich, Chief Executive Officer of Cerence AI. “We believe that our results for the quarter reflect disciplined execution across the business and underscore the strength of our position as a trusted AI partner to the world’s leading automakers. As the industry accelerates its adoption of advanced AI in the vehicle, customers are increasingly turning to Cerence AI for solutions that combine reliability, flexibility, and deep automotive expertise. This is driving growing momentum for Cerence's leading technology, including the first Cerence xUI-powered cars now entering production, as well as broader adoption across our portfolio." Krzanich continued, “At the same time, we are making progress in bringing our technology into select adjacent markets where our domain expertise and edge-based approach are well suited, while actively protecting and managing our intellectual property as part of our long-term strategy. We believe we have a durable
May 7, 2026 · via stocktitan.net
Canada Connected Vehicle Technologies Market 2026 Analysis and Forecast to 2035 Executive Summary Key Findings - The Canada Connected Vehicle Technologies market is estimated at CAD 2.8–3.4 billion in 2026, driven by OEM fitment mandates, fleet electrification, and aftermarket telematics adoption across a vehicle parc exceeding 26 million units. - Embedded hardware (telematics control units, connectivity modules) accounts for approximately 45–50% of market value in 2026, while platform software and connectivity services together represent the fastest-growing segment at a projected 12–15% CAGR through 2035. - Import dependence is structurally high, with over 80% of TCU hardware and connectivity chipsets sourced from US, Mexican, and Asian supply chains, reflecting Canada's role as a technology adopter rather than a high-volume manufacturing hub for automotive electronics. Market Trends Observed Bottlenecks Long automotive qualification cycles (AEC-Q, network operator certification) Dependency on specialized semiconductor supply Complexity of global network operator agreements and localization Cybersecurity validation and homologation timelines Integration challenges with legacy vehicle architectures - 5G NR and C-V2X module adoption is accelerating, with embedded 5G connectivity expected to reach 55–65% of new light vehicles sold in Canada by 2030, up from roughly 20–25% in 2026, driven by OEM product cycles and intelligent transportation system pilots. - Over-the-air (OTA) software update capability and cybersecurity lifecycle management are becoming baseline requirements, with UN R155/R156 compliance timelines pushing Tier-1 suppliers and OEMs to invest CAD 150–250 million collectively in secure platform architecture through 2028. - Aftermarket and retrofit telematics solutions are expanding rapidly in the commercial vehicle segment, with fleet management system installations growing at 10–13% annually as logistics operators seek real-time visibility, fuel optimization, and compliance with electronic logging device trends. Key Challenges - Supply bottlenecks for automotive-grade semiconductors and specialized connectivity chipsets remain acute, with lead times for AEC-Q100-qualified TCU components averaging 26–40 weeks in
May 7, 2026 · via indexbox.io
Xperi “making progress on strategic growth plan” in Q1 May 6, 2026 Xperi, the media and entertainment technology company and TiVo owner, has announced its Q1 2026 financial results for the period ended March 31st 2026. Revenue stood at $114.2 million (€97m) – up slightly from $114 million in Q1 2025. “We are beginning to see the inflection in our monetisation strategy as our Media Platform revenue grew 45 per cent when compared to the first quarter of 2025. During the quarter, we made significant improvements to our ad products by enhancing targeting and measurement, further growing the TiVo One ad platform footprint, and expanding partnerships that, collectively, are expected to accelerate advertising monetisation,” said Jon Kirchner, chief executive officer of Xperi. “The results of the quarter clearly demonstrate the progress we are making on our strategic growth plan. We remain on track for our 2026 goals and reaffirm our financial guidance for the year.” Key Operating Achievements included Media Platform - Media Platform revenue grew 45 per cent on a year-over-year basis. - TiVo One Monthly Active Users more than doubled year-over-year to 5.5 million. - Completed integrations with US and European advertising partners to improve data signals while enabling Connected TV inventory for targeted advertising and measurement. These integrations validate TiVo One’s unique audience and incremental reach in the programmatic marketplace. - Signed a multi-year partnership agreement with Samba TV, adding industry-leading intelligence and measurement capabilities to enhance the value of TiVo One’s Connected TV inventory for ad buyers. - Average Revenue Per User (ARPU) for TiVo One for the trailing 12 months ending March 31st was $7.10. Connected Car - AutoStage footprint expanded by over 45 per cent year-over-year, reaching over 16 million vehicles across 13 automotive brands. - Launched the AutoStage Broadcast Portal, a subscription service
May 7, 2026 · via advanced-television.com
US President Donald Trump is scheduled to arrive in Beijing on May 14 for a two-day summit with Chinese President Xi Jinping, where trade relations will be among the main topics of the agenda. Trump had initially planned to visit China in late March. However, the trip was postponed after the Iran conflict escalated. The visit comes at a moment when Chinese automakers are months away from entering the North American market. Canada struck a trade deal with Beijing in January, lowering tariffs on Chinese-built EVs from 100% to 6.1% under a quota of 49,000 vehicles per year — with a ramp-up to 70,000 by 2030. The agreement marked a decisive shift from Ottawa toward Beijing and away from Washington on EV trade policy, after Canada had originally imposed the 100% surtax in lockstep with the Biden administration in late 2024. The first tranche of 24,500 import permits opened on March 1 and Chinese giants BYD, Chery, and Geely Auto are all preparing for Canadian market entry by year-end. Meanwhile, Chinese-built vehicles have already started appearing on American roads through Mexico. BYD vehicles with Mexican license plates have been spotted in Texas and California through a customs loophole that allows Mexican residents to drive their foreign-registered vehicles across the border — despite the tight rules on Chinese vehicles’ connectivity in the US. Tariffs The barriers keeping Chinese EVs out of the US have been assembled across two administrations. Trump’s first-term administration applied a 25% Section 301 tariff on Chinese vehicles and auto parts starting in 2018. Under Biden’s presidency, the duties were maintained and, in May 2024, quadrupled from 25% to 100% under the same authority. Upon returning to office in 2025, Trump preserved Biden’s 100% EV tariff and added a 25% Section 232 national security tariff on all imported
May 7, 2026 · via eletric-vehicles.com
As the global auto industry shifts toward software-defined vehicles (SDVs), the evolution of electronic and electrical architectures has become one of the most important determinants of future competitiven...
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May 7, 2026 · via digitimes.com