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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

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FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America. Groupe Renault also has a well-established and profitable financing business (RCI Banque).

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

To make matters worse, even vehicle finance rates are at their peak at 9.5%. India’s affluence is as good as Europe, and also, her people could be as deprived as someone in Africa.” However, the industry’s growth in the last 2-3 years defies that notion. The used-cars market going up is the best news for the auto industry.

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Electric vehicles trends in India

Electric Vehicles India

According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. As per the company, this is the largest amount that is raised by an electric mobility company in all of Sub-Saharan Africa.

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