Remove Asia Remove Auto Remove Automobile Remove Global
article thumbnail

Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. Production based on BMA will be launched in EU, Eastern Europe, Africa, South America, Middle East and Southeast Asia.

article thumbnail

Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 Asia as a whole will see 33.75

2015 150
article thumbnail

Suzuki Motor eyes record year, India to drive global sales | Autocar Professional

Baua Electric

Suzuki achieved an accumulated automobile production of 30 million units in India last financial year. Suzuki has achieved accumulated automobile production of 30 million units in India by the end of March 2024. Sales of automobiles are expected to be 3.25 million units, and the sales of motorcycles are expected to be 1.89

Suzuki 52
article thumbnail

Ford to explore new 50:50 electric vehicle JV in China with Zotye Auto

Green Car Congress

Ford has signed a Memorandum of Understanding with Anhui Zotye Automobile Co., The potential to launch a new line of all-electric vehicles in the world’s largest auto market is an exciting next step for Ford in China. —Peter Fleet, Ford group vice president and president, Ford Asia Pacific.

China 150
article thumbnail

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

Baua Electric

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy. To be sure, China dominates auto parts supplies to India.

article thumbnail

Hyundai Kona EV to start operations in Indonesia

Teslarati

The South Korean automaker will reportedly launch its all-new Hyundai Kona EV at the 2024 Gaikindo Indonesia International Auto Show (GIIAS). The auto show will run from July 18 to 28, 2024 at ICE-BSD City, Tangerang Regency. The activation of the Indonesian EV industry will provide fresh economic opportunities to Southeast Asia.”

Indonesia 124
article thumbnail

Honda presents ‘Honda 0 Series’ EV concept models, new ‘H’ mark for EVs at CES 2024 – ET Auto

Baua Electric

In 2026, Honda will begin introducing the first model of the Honda 0 Series globally, starting from North America, then to Japan, Asia, Europe, Africa and the Middle East and South America. Honda also presented the world premiere of the new H mark to be used exclusively for the next-generation EV models of Honda.

Honda 52