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

From the Makers of HeyRV Comes ByeCar, A New Nationwide Cash-for-Junk-Car Service from SYB Automotive Group
Los Angeles, CA – SYB Automotive Group, the company behind the widely popular HeyRV cash-for-junk-RV platform, announces the official launch of its latest national brand: ByeCar. This coast-to-coast service pays cash for junk cars in all 50...

Global Automotive E-Commerce Market Trends : Surge to $176.24 Billion by 2031 with 17.5% CAGR
WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Automotive E-Commerce Market Size, Share, Competitive Landscape and Trend Analysis Report, by...

Triumph Foundation Hosts 2025 Gala at Petersen Automotive Museum
“Rebuilding Lives & Redefining Strength” —An Unforgettable Night of Purpose, Community, and Possibility LOS ANGELES, CA, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- Triumph Foundation, a nationally respected nonprofit dedicated to...

High Heat Foam Market to Reach USD 30.2 Bn by 2035, Fueled by Demand in Aerospace, Automotive, and Electronics Industrie
High heat foam market to hit USD 30.2 billion by 2035, fueled by growing demand across aerospace, automotive, and electronics industries. ROCKVILLE, MD , MD, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- The global high heat foam market is...

Automotive LiDAR Market Outlook : Powering Autonomous Driving to USD 1.83 Billion by 2028 (30.3% CAGR)
WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, titled, "Automotive LiDAR Market by Application, Technology, Range, Vehicle Type and Region: Global...

Automobiles sales drop sharply in Russia
(MENAFN) New car sales in Russia fell sharply in the first half of 2025, totaling 607,500 units — a 28% drop compared to the same period last year, according to data released on Wednesday by the Ministry of Industry and Trade. The downturn follows...

Automotive Differential Market Outlook : Enhancing Vehicle Dynamics Towards USD 32.29 Billion by 2030 (4.7% CAGR)
WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, The global automotive differential market size was valued at USD 20,530.1 million in 2020, and is...

Automotive Battery Thermal Management System Market Projected to Garner Significant Revenues By 2032
Automotive Battery Thermal Management System Market Expected to Reach $18.7 Billion by 2032 — Allied Market Research WILMINGTON, DE, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- According to Allied Market Research, titled "Automotive...

Motorsport Games Releases Le Mans Ultimate Version 1.0, Featuring New Cars, Updated 2025 Content, and Additional Improvements
MIAMI, July 22, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games”), a racing game developer and publisher, today released Le Mans Ultimate Version 1.0. This milestone marks the completion of the title’s Early Access...

BYD Group Becomes Global Automotive Partner of FC Internazionale Milano
MILAN, July 22, 2025 (GLOBE NEWSWIRE) -- BYD Group, global leader in electric vehicles and sustainable mobility, has entered into a major three-year strategic partnership with FC Internazionale Milano, becoming the club’s official Global...

ECARX and Monolithic Power Systems Form Strategic Partnership to Accelerate Deployment of Global Automotive Intelligence and Robotics Solutions
SHANGHAI, July 22, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX”), a global mobility technology provider, today announced it has signed a strategic cooperation agreement with Monolithic Power Systems, Inc. ("MPS") (Nasdaq:...

Adhesives and Sealants Market Poised for Rapid Growth Amid Rising Demand in Automotive & Electronics Applications
Technical advancements and the surge in R&D activities have significantly boosted the demand for a wide array of electrical and electronic devices WILMINGTON, DE, UNITED STATES, July 22, 2025 /EINPresswire.com/ -- Technical advancements and the...

Invitation-Only Automotive Event Aims to Redefine Luxury Networking in Las Vegas
Where luxury automobiles meet influential leaders, tastemakers, and collectors in an unparalleled setting. LAS VEGAS, NV, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- This fall marks the debut of Concours at Sunset, an invite only...

Automotive LiDAR Sensors Market Projected to Skyrocket to $11.7 Billion by 2031 with 31.7% CAGR
Automotive lidar sensors market was valued at $793.2 million in 2021, is projected to reach $11.7 billion by 2031, grow at a CAGR of 31.7% from 2022 to 2031. WILMINGTON, NEW CASTLE, DE, UNITED STATES, July 19, 2025 /EINPresswire.com/ --...

WeRide Teams Up With Lenovo to Launch 100% Automotive-Grade HPC 3.0 Platform Powered by NVIDIA DRIVE AGX Thor Chips
GUANGZHOU, China, July 21, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, today launched the HPC 3.0 high-performance computing platform, jointly developed with Lenovo (HKSE: 0992) and powered by...

WeRide Teams Up With Lenovo to Launch 100% Automotive-Grade HPC 3.0 Platform Powered by NVIDIA DRIVE AGX Thor Chips
GUANGZHOU, China, July 21, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, today launched the HPC 3.0 high-performance computing platform, jointly developed with Lenovo (HKSE: 0992) and powered by...

leagend Unveils TC102: Professional-Grade Thermal Imaging Camera for Automotive Diagnostics
leagend continues to expand its intelligent diagnostics portfolio with the release of leagend TC102 Thermal Camera. NEW YORK, NY, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- leagend continues to expand its intelligent diagnostics...

Media reports EU ready to hit back over US tariffs
(MENAFN) The European Union is preparing to impose 15% import tariffs on a range of U.S. products worth €93 billion ($109 billion) if a trade agreement with Washington isn’t reached by August, according to media reports. The move comes as the U.S....

EU prepares new legislation of switching cars to EVs
(MENAFN) The European Union is reportedly preparing new legislation that would require all rental and corporate car fleets to transition to electric vehicles (EVs) by 2030, according to a Bild report citing Brussels sources. The proposed directive...

Automotive Lift Market is Expected to Reach a Valuation of USD 4.9 Billion by 2035 | Fact.MR Report
Growing demand for vehicle maintenance, EV-ready solutions, and regulatory compliance fuels expansion in the global automotive lift market across regions. ROCKVILLE, MD, UNITED STATES, July 17, 2025 /EINPresswire.com/ -- The global automotive...