Mercedes Fends off VW in Europe EV Market
Europe’s EV market grew 17% YoY in Q3 2022 despite an 8% overall passenger car sales decline. Germany continued to lead the European EV market by…
Good Show in Vehicle Solution, B2B Segments Helps LG Fight Macro Headwinds
Q3 2022 revenue increased 8% YoY to reach ₩16.12 trillion helped by higher sales of vehicle solutions. Vehicle solutions revenue jumped 46% YoY…
European EV Market Grew 16% in Q2 2022 led by Mercedes
Mercedes-Benz overtook Volkswagen to become the top-selling EV brand in Europe. Germany leads the European market with 28% market share. The top 10…
LG Electronics Revenue at New Record High in Q1 2022
Revenue reached a new record high of $14.48 billion during the quarter. Operating profit recovered to a respectable level. Other businesses…
Global Telematics Control Unit Shipments Grew 13% YoY in 2021
LG led the global TCU market in 2021, followed by Continental and Harman. US, China and Germany were the top three geographies in the global TCU…