BLOOMBERG Samsung Electronics Co is pinning its hopes for a mobile revival on artificial intelligence. AI will lift the global smartphone market back to growth and Samsung expects to outperform that with sales of its latest flagship devices, mobile chief TM Roh said in an interview. South Korea’s largest company unveiled the Galaxy S24 product family, days after losing the …

BLOOMBERG Honda Motor Co expects sales in the US to hit 1.4 million vehicles this year for the first time in three years, fuelled mostly by demand for its hybrid and gas-powered models. The Japanese automaker aims to grow sales 10% in 2024, including as many as 1.3 million Honda brand vehicles and some 150,000 upscale Acura cars and SUVs, …

BLOOMBERG Europe’s automakers are bracing for slower growth this year after sales fell for the first time in 17 months in December on waning enthusiasm for electric vehicles. New-vehicle registrations declined 3.8% to 1.05 million units last month, the European Automobile Manufacturers’ Association said. Sales slumped nearly a quarter in the region’s biggest market Germany after EV incentives ran out, …