CAR SECURITY MARKET ANALYSIS

Market News

Global Car Security Market Key Developments:

December 9, 2022, Mitsubishi Motors Corporation (referred to as Mitsubishi Motors) announced a significant achievement. The company proudly revealed that it had successfully reached the remarkable milestone of exporting five Billion vehicles from Thailand. This milestone signifies a significant accomplishment for Mitsubishi Motors and showcases the company\'s strong presence and success in the Thai automotive market.

Mitsubishi Motors Corporation (referred to as Mitsubishi Motors) made an official announcement on August 12, 2022, regarding the release of the plug-in hybrid electric vehicle (PHEV) variant of their latest crossover SUV, the all-new Outlander, in Australia. Following the successful launches in Japan and New Zealand, the PHEV model of the Outlander was scheduled to be available for sale in Australia.

Delphi Technologies known for its expertise in Original Equipment manufacturing and innovative propulsion technologies, launched the Hartridge DPF200 Master on February 25, 2020. This advanced DPF cleaning solution offers workshops a profitable entry into the growing cleaning market. With its faster and safer performance, the DPF200 Master provides a valuable value-added service, helping workshops enhance profitability and meet customer demand for efficient DPF cleaning.

On October 2, 2020, BorgWarner Inc. (NYSE: BWA) announced the successful completion of its acquisition of Delphi Technologies. This strategic merger is set to bolster BorgWarner’s portfolio in electronics and power electronics, enhancing its product offerings, capabilities, and market presence. The combined entity aims to become a leader in electrified propulsion systems, positioning itself advantageously for future advancements in propulsion technology.