Year: 2021

Porsche Studio stores are coming to the U.S.

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Porsche plans to open a series of showrooms in the U.S. that the company is calling “Studios”. These stores will be owned by Porsche, not dealers, and as such will allow customers to dip a toe into the Porsche experience in a low- or no-pressure environment.

Porsche Cars North America CEO Kjell Gruner likened the concept to an Apple Store while talking with Automotive News. Instead of sales staff, customers will interact with Porsche Pros who are knowledgeable about the cars but don’t try to give you the hard sell.

Based on photos from Porsche Studios in other countries, it looks to be something more than a Tesla store but less than full-blown Porsche Experience Centers, which have their own tracks and restaurants. Customers will be able to check out the product, learn about Porsche heritage, and cop some branded merch. Of course,

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Global Automotive Infotainment Market Report 2021: OF Fitted Segment Dominated in 2020 and is On Track to Generate USD 9.6 Billion by 2028 | News

DUBLIN, Nov. 26, 2021 /PRNewswire/ — The “Global Automotive Infotainment Market Size, Share & Trends Analysis Report by Product Type (Heads-up Display, Navigation Unit, Display Unit), by Fit Type, by Vehicle Type, by Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com‘s offering.

The global automotive infotainment market size is expected to reach USD 12.57 billion by 2028, registering a CAGR of 8.7% from 2021 to 2028.

The increasing demand for autonomous vehicle technology, automotive cockpit electronics, and advanced safety features such as advanced driver assistance systems is anticipated to drive the growth. The growing demand for enhanced in-vehicle experience and shifting consumer buying behavior and the worldwide expansion of the luxury and premium car segments are also likely to fuel the growth of the market.

The growing number of millennials opting for small and medium-sized cars is expected to boost the growth of the market

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The American conundrum with electric cars

As the transportation sector continues to be the primary source of greenhouse gas emissions fueling climate change, U.S. President Joe Biden has pledged that by 2030 half of all new vehicles sold in the country would be electric. 

But, with a shortage of semiconductor chips, lack of charging stations, and lack of actual coordination with demand, is that even possible?

Semiconductor chips are imperative when it comes to vehicle manufacturing because they power a variety of features like emergency braking, entertainment systems, backup cameras, and so forth. We also use these microchips in electronics and medical equipment, which is part of the reason for the shortage. 

According to experts, supply chain restrictions due to the COVID-19 pandemic and other factors like tariffs in 2018 contribute to the scarcity of microchips. Since early 2021 it’s been a severe struggle for many car manufacturers to maintain production, especially electric vehicles (EVs). 

Automotive

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Spark-ignition engines are designed to burn gasoline in a managed process referred to as deflagration … Read More