Name: All Wheel Drive Market News
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: All Wheel Drive Market, All Wheel Drive Market Size, All Wheel Drive Market Share, All Wheel Drive Market Analysis, All Wheel Drive Market Trends, All Wheel Drive Market Report, All Wheel Drive Market Research, All Wheel Drive Industry, All Wheel Drive Industry Report

All Wheel Drive Market, By Drive Type (Manual and Automatic), By Vehicle Type (Passenger Car and Commercial Car), By Propulsion (Internal Combustion Engine (ICE) Vehicle and Electric Vehicle), By Application (On-Road and Off-Road), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Apr 2024

Code : CMI6911

Pages :172

Formats :

Excel and PDF

Industry : Automotive and Transportation

Key Developments

In March 2022, Hyundai, a major South Korean automotive manufacturer known for its diverse range of vehicles, and BorgWarner Inc., a global automotive supplier specializing in innovative propulsion solutions and automotive components, have entered into a supply agreement. Under this agreement, BorgWarner Inc. will provide an integrated drive module (IDM) for Hyundai's upcoming A-segment electric vehicle production.
In February 2022, Continental AG, a leading German automotive supplier known for its wide range of innovative components and solutions for vehicles worldwide, has introduced its new Cross-Contact AX6 tires for SUVs in India. These tires are designed to enhance durability, reduce noise, and improve braking performance on wet roads.
In February 2022, Nissan Motor Co., Ltd., a prominent Japanese automotive manufacturer known for producing a diverse range of vehicles, including cars, trucks, and electric vehicles, with a focus on innovation, technology, and sustainability, along with Nissan Motorsports International, announced that they are working on developing the Nissan Z GT500, based on the Nissan Z sports car. This new model celebrates over 50 years of passion for Nissan's sports cars.
In November 2021, American Axle & Manufacturing Inc. is a leading American automotive supplier renowned for its driveline, drivetrain, and chassis components, delivering innovative solutions for vehicles globally has revealed its involvement in manufacturing and assembling 3-in-1 electric drive technology for REE Automotive Ltd. Full-scale production of these electric drive units is expected to commence in 2024 at American Axle & Manufacturing Inc.'s Advanced Technology and Development Center in Detroit.
In February 2020, Chrysler is an iconic American automotive manufacturer known for producing a range of vehicles, including cars, trucks, and SUVs, with a history of innovation and design excellence. upgraded its Pacifica model to include All-Wheel Drive (AWD). With this enhancement, Chrysler joins Toyota as one of the few brands offering AWD, aiming to address the increasing popularity of SUVs.