Latest news with #Automobiles
Japan Times
3 days ago
- Automotive
- Japan Times
Japan's household spending rises 1.3% in June
Household consumption spending in Japan in June rose 1.3% from a year earlier in inflation-adjusted real terms, the internal affairs ministry said Friday. The average spending by households with two or more members was ¥295,419. The June rise was driven by a 30.1% jump in spending to buy automobiles and motorcycles, and higher electricity bills. Auto and motorcycle purchase costs rebounded after falling last year due to halts to shipments by some manufacturers following testing scandals. Electricity spending rose 6.2% as high temperatures in mid-May spurred the use of air conditioners. Housing-related expenses climbed 11.6% on strong demand for repair and maintenance, whose expenses show large swings. By contrast, food spending fell 2.1%, the first decline in three months, led by a drop in grain consumption. Spending on rice dropped 12.1% as more of the government-stockpiled rice released at lower prices under no-bid contracts became available to consumers. Bread purchase costs slid 6.1%. Shoppers tend to choose lower-priced products or buy goods in smaller quantities. Ice cream and sherbet spending rose on warmer weather, but expenses to eat out dropped 0.4% as people went out less. Spending on meat declined 2.7% because of higher prices.
Auto Blog
01-07-2025
- Automotive
- Auto Blog
Chrysler Owners Won't Like Stellantis's Recall of Over 250K Vehicles
View post: Walmart is selling an 'efficient' $350 car refrigerator for just $170, and shoppers say it's 'worth the money' Chrysler is launching a massive recall Stellantis has recalled up to 250,651 Chrysler Pacifica and Voyager minivans built between 2022 and 2025 over a side curtain airbag defect. According to Fiat Chrysler Automobiles (FCA), some of these vehicles may have been built with a curtain airbag that does not retain sufficient pressure during deployment, potentially reducing passenger protection and increasing the risk of partial or complete ejection of an occupant through a side window during certain crash types. Federal Motor Vehicle Safety Standards also require side curtain airbags to hold passengers' heads in place during some crash scenarios. FCA noted that the solution for this condition isn't currently available, but the recall is estimated to launch in Q3 2025, and owners will receive a letter when the final fix is ready. The remedy will include Chrysler inspecting and replacing the side curtain airbags, which may be located on either the right or left side, as necessary, when parts arrive. Chrysler's recall applies to 209,668 Pacificas and 40,983 Voyagers. 2024 Chrysler Pacifica Pinnacle — Source: Stellantis How authorities discovered the defect's underlying cause Chrysler determined that some of the side curtain airbags can leak at the seam because of improper seals, potentially causing the airbag to lose pressure during a crash. The suspect period began on May 10, 2022, when certain curtain airbags were introduced into production and continued through the end of the production period on November 3, 2024. While Chrysler became aware of the issue in April 2023, its underlying cause wasn't pinpointed until April 2024 due to Canada's repeated non-compliance tests. A deeper investigation at Chrysler occurred between September 2024 and April 2025, with official non-compliance confirmed on May 1. The NHTSA wrote: 'Curtain airbags, which do not have proper pressure retention, may reduce occupant protection and increase the risk of partial and complete ejection of an occupant through a side window during certain types of crashes.' Chrysler isn't aware of any injuries attributed to the defective airbags, and the NHTSA estimates that 14% of the 250,651 Pacifica and Voyager units are at risk of airbag failure. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. American-Swedish company Autoliv is the supplier of the suspect airbags, autoevolution reports. Chrysler produces both the Pacifica and Voyager at the Windsor Assembly Plant in Ontario, Canada, and its Pacifica was the U.S.'s best-selling minivan of Q1 2025 with 32,409 deliveries. The Voyager sold far fewer models during Q1 at 2,319 units. The 2025 Pacifica starts at $42,450, while the 2025 Voyager has a base price of $39,995. Other recalls published by the NHTSA from June 23 to June 29 include the Ford Motor Company recalling certain 2020-2025 Lincoln Aviators over trim that may detach on up to 132,914 vehicles and up to 70,852 BMWs being affected by drive motor software causing power loss on 2022-2025 i4, 2022-2024 IX, 2023-2024 I7, and 2024 I5 models. Final thoughts Owners of Chrysler minivans in the NHTSA's published recall can check their vehicle identification number (VIN) if a notice hasn't arrived yet by mail. These models' VINs start with the number two since they're Canadian-made, whereas U.S. VINs start with 1, 4, or 5. Chrysler's recall highlights the importance of compliance testing, as this protocol helped Canadian authorities identify the underlying cause of the defect before the automaker. About the Author Cody Carlson View Profile
Yahoo
24-06-2025
- Automotive
- Yahoo
Next-Gen Commercial Vehicles Embrace Electrification, Autonomy, IoT, Lightweight Materials, and Hydrogen for a Sustainable Future
The Automobiles and Heavy Equipment Market, valued at USD 360.9 billion in 2025, is forecast to grow by a CAGR of 11.1%, reaching USD 927.5 billion by 2034. Key trends include the rise of electric and hybrid powertrains, IoT integration, and sustainable practices. Asia-Pacific and emerging markets present new growth opportunities amid growing infrastructure investments. The detailed report analyzes market segmentation, competitive landscape, and geopolitical impacts, offering valuable insights for businesses looking to capitalize on evolving industry dynamics. Automobiles And Heavy Equipment Market Dublin, June 24, 2025 (GLOBE NEWSWIRE) -- The "Automobiles and Heavy Equipment Market Outlook 2025-2034" has been added to offering. The Automobiles and Heavy Equipment Market, valued at USD 360.9 billion in 2025, is anticipated to grow at an impressive CAGR of 11.1%, aiming to reach USD 927.5 billion by 2034. This sector is indispensable to global industries, stretching from passenger and commercial vehicles to construction and agricultural machinery. The industry is constantly evolving with advancements in manufacturing, and the shift towards sustainable practices. Significant progress was made in 2024, emphasizing the adoption of electric and hybrid powertrains, advanced automation technologies, and sophisticated telematics systems. Manufacturers are focusing on fuel-efficient engines and lightweight materials to comply with increasing emissions standards while improving performance. IoT connectivity expansion has further enabled fleet managers to streamline operations effectively, aligning with sustainability objectives and shifting consumer preferences. Looking forward, the market is poised for transformative growth, driven by technological innovations such as autonomous vehicles, advanced robotics, and green hydrogen fuels. Emerging markets will play a pivotal role, propelled by urbanization and infrastructure development. The industry is geared towards leveraging AI, machine learning, and energy-efficient designs to sustain its critical role in global economic progress. Market Analytics: Comprehensive analysis includes direct and indirect market forces, assessing the supply and demand dynamics. Geopolitical and demographic factors, along with Porter's Five Forces analysis, provide insights into potential market trajectories. Recent geopolitical events and trade dynamics, including the impact of the Russia-Ukraine conflict, are integrated into the market projections. Competitive Intelligence: The market structure and competitive landscape are mapped through company profiles, financials, and strategies. Key player product performance and regional outreach strategies are analyzed to provide a comprehensive industry overview, ensuring clients have the necessary insights for strategic alignment. Key Insights into the Automobiles and Heavy Equipment Market: Increased adoption of electric and hybrid powertrains for better efficiency. Advancements in autonomous vehicle technologies enhancing safety. Integration of IoT and telematics for data-driven decision-making. Development of lightweight materials to enhance fuel efficiency. Focus on sustainable solutions, including hydrogen fuel cells. Market Drivers: Infrastructure investments in developing regions increasing demand for equipment. Regulatory pressures to reduce emissions and adopt cleaner technologies. Growing interest in fuel-efficient, eco-friendly vehicles. Technological advancements leading to more reliable machinery. Market Challenges: High initial costs in transitioning to electric and autonomous technologies. Market Segmentation: By Type: Managed Services, System Integrator, Others By Size: Medium Trucks, Light Trucks By Application: Medium and Heavy Trucks, Farm and Construction Equipment, Others By Geography: North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America Takeaways from the Report: Global market size and growth projections (CAGR), 2024-2034 Impact of geopolitical and economic policies on supply chain dynamics. Market trends, drivers, and opportunities with short and long-term analysis. Detailed region-level market outlook and competitive analysis. Profiles of leading companies with strategies for market leadership. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $360.9 Billion Forecasted Market Value (USD) by 2034 $927.5 Billion Compound Annual Growth Rate 11.0% Regions Covered Global Companies Featured American Rail Center Logistics CEVA Logistics DHL FedEx Corporation United Parcel Service Inc. Schneider National Inc. C.H. Robinson J.B. Hunt Transport Services Inc. Toyota Motor Corporation Volkswagen Group Mercedes-Benz Group AG Ford Motor Company General Motors Company Honda Motor Co. Ltd. Bayerische Motoren Werke AG Nissan Motor Co. Ltd. Fiat Chrysler Automobiles NV Hyundai Motor Group Tata Motors Limited Mitsubishi Motors Corporation Volvo Group Isuzu Motors Limited Mazda Motor Corporation Suzuki Motor Corporation Scania AB PACCAR Inc. Navistar Inc. CNH Industrial NV Caterpillar Inc. Komatsu Ltd. Deere and Company Hitachi Construction Machinery Co. Ltd. Liebherr Group Terex Corporation Manitowoc Company Inc For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Automobiles And Heavy Equipment Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
