Hyundai is known around the world as an automaker, but now the South Korean company wants to become a maker of Software Defined Vehicles—a term widely used now within the auto industry with a new acronym: SDVs. Just what are these Software Defined Vehicles? Hyundai sees remotely upgradable performance and functionality in its vehicles as crucial features, and plans for all newly re-engineered vehicles to have over-the-air (OTA) capability starting in 2023, ahead of group-wide adoption in all new vehicles it produces by 2025. The automaker also plans to roll out Features on Demand (FoD) starting in 2023, allowing customers to choose and buy car functions. Read original article here.
Bentley’s Flying Bees have record honey year
2022 was a banner year for Bentley’s “Flying Bees”, which produced a record 1,000 jars of honey from the company’s Excellence Centre for Honey Production. Bentley founded the Excellence Centre as part of its #GOTOZERO sustainability initiative to promote biodiversity …
Carvana may be failing but online buying is here to stay
Once touted as the Amazon of used cars, online retailer Carvana seems to be nearing the end of its formerly successful existence. With an abundance of inventory, rising interest rates, and record losses, Wall Street analysts are saying Carvana’s collapse …
Record-setting new car prices often over MSRP in the U.S.
A combination of factors has pushed the average transaction price (ATP) in the U.S. up to historically high numbers, a situation which has also become apparent in Canada. In the U.S., the ATP is now above $48,000, according to a …
Large infotainment screens a huge distraction, says Swedish study
Screens are all the rage in automotive interior design these days. From the vertically mounted, foot-long vertical tablets you see in Teslas and Ram trucks to the horizontal screens optioned by BMW and Chevrolet, it’s hard to avoid a touchscreen …
BMW considering moving to direct sales model
The shift to electric vehicles is responsible for many changes in the automotive industry, one of which is the arrival of the direct sales model, which forgoes dealerships entirely. Introduced by Tesla and picked up by a number of other …
Mercedes-Benz and Rivian sign Memorandum of Understanding to produce electric vans
By combining efforts and expertise, both Mercedes-Benz and Rivian will build large electric vans for Europe. This cost-cutting measure will allow the companies to rapidly scale production to help the world transition to cleaner transportation. The two vans produced will …