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Rural demand & SUVs propel India’s record-breaking car sales in FY24

Baua Electric

Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. lakh passenger vehicles in the CY23, now the Indian auto industry has sold 40 lakh PVs for the first time in a financial year in FY2024, reported Mint.

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

Baua Electric

Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 Similar growth is expected in passenger vehicle sales volume, driven by strong demand in the SUV segment. percent to clock a turnover Rs 5.60

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Hyundai IONIQ 5 named Best Electric 5 Passenger SUV for families: Report

Teslarati

The Hyundai IONIQ 5 was named the Best Electric 5 Passenger SUV for Families in the 2024 Best Family Cars Awards by Parents, an online magazine. Parents turned to auto industry experts with kids to nominate and vote on the top cars for families this year. The car-powered pop-up hotel was open for fourteen days.

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Toyota energy storage, Mercedes EQB details, Ford CEO on EV shakeout: Today’s Car News

Green Car Reports

Mercedes puts a price on its EQB electric SUV. And Ford’s CEO sees EVs as the spark for a big industry consolidation. This and more, here at Green Car Reports. Is the auto industry headed for a big shakeout, and a price war over EVs? In a financial.

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Brezza, Fronx SUVs continue to power Maruti sales in January

Baua Electric

By: HT Auto Desk | Updated on: 01 Feb 2024, 16:46 PM Maruti Suzuki’s SUV sales is fast catching up with the sale of its compact cars like Baleno, Swift among others. Maruti Suzuki’s sales in India continues to be boosted by the popularity of its SUVs like Fronx, Grand Vitara, Brezza and Jimny.

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Tesla Model Y Now Cheaper Than Average U.S. Vehicle

CleanTechnica EVs

Throughout the year, Tesla has set the bar for vehicle pricing in the auto industry, as many automakers work to scale their first few electric vehicles.

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.