article thumbnail

Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

And the automobile industry in India is a significant contributor to the country’s economy. The environment in which the automobile industry operates on statutory norms includes safety requirements, environmental regulations, labour laws, and trade policies. percent against the global average of 2.9

article thumbnail

Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Exports of auto parts from the country, in fact, increased by nearly one-third to INR 1.42

article thumbnail

2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic.

article thumbnail

NHTSA Tells Auto Industry Not to Comply With Massachusetts Data Laws

The Truth About Cars

It’s no secret that various industries attempting to hoard customer data and redefine what constitutes ownership have created a groundswell of consumer resentment. However, the above is really more of a problem with vehicular connectivity in general than anything else.

article thumbnail

Didi Chuxing sets up JV with China EV maker BAIC-BJEV; next-gen connected car systems; Transportation Brain

Green Car Congress

Ltd (JingJu) aims to combine the two companies’ strengths in new energy fleet operation and AI transportation solutions to develop next-generation connected-car systems. Jingju is a key component of a DiDi-BAIC strategic partnership formed in a growing alliance between DiDi and auto-industry players. Xiaoju Automobile Solutions?

article thumbnail

Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

At the Geneva show, Winterkorn introduced the Future Tracks program by saying : Over the next few years, our industry will face one of the greatest upheavals since the invention of the automobile. One of the main challenges for our industry will be to adapt even faster to the changing needs of customers. Winterkorn.

article thumbnail

The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

The country’s focus must be on shared, connected, and electrified transportation, Kant stated at the annual meeting of the Automotive Component Manufacturers Association of India (ACMA). “To begin, I believe there is a very high-interest rate, and we need to cut borrowing rates for electric automobiles. ” Said, Kant.