By SEMA News Editors
Winners of the 2025 North American Car, Truck and Utility Vehicle of the Year Awards Unveiled at the Detroit Auto Show
The North American Car, Truck and Utility Vehicle of the Year (NACTOY) revealed its 2025 award winners at the Detroit Auto Show:
- Car of the Year: Honda Civic Hybrid
- Truck of the Year: Ford Ranger
- Utility Vehicle of the Year: Volkswagen ID. Buzz
Founded in 1994, the NACTOY awards are not associated with a single publication. Vehicles are judged by 50 professional automotive journalists from a wide variety of print, online, radio and television media outlets in the United States and Canada.
For more information on each winner, visit northamericancaroftheyear.org.
Hankook Completes Acquisition of Hanon Systems
Hankook and Company Group has completed its acquisition of Hanon Systems, the world's second-largest automotive thermal management solutions provider.
Hankook and Company Group first acquired a minority stake in the company in 2014, before acquiring a 54% ownership stake after two recent purchases of shares.
With the acquisition, Hankook & Company Group has strengthened its position as a comprehensive automotive parts company with core portfolios of tires, batteries and thermal management, Hankook representatives said. Hanon Systems is recognized for its technology in thermal energy management systems, essential for electric vehicle (EV) battery performance.
For more information, visit hankookandcompany.com.
Nexen Tire Partners with Sydney FC to Expand Global Marketing Efforts
Tire manufacturer Nexen Tire has announced a strategic global marketing partnership with Australian soccer team Sydney FC in an effort to expand its marketing reach beyond Europe and the United States.
Sydney FC, founded in 2004, compete in Australia's A-League, having won the most championships and premierships in both the Australian men's and women's competitions.
By sponsoring both the men's and women's teams, Nexen Tire aims to maximize exposure and enhance global brand value, the company said in a statement announcing the partnership. The brand plans to leverage Sydney FC's digital platforms to engage fans via social media, newsletters and targeted advertisements. At home games, Nexen Tire will exhibit its brand logo on LED display boards, including advertisements around the goalposts during broadcasts, resulting in a stronger partnership impact.
For more information, visit nexentire.com.