Remove Auto Industry Remove Future Remove Global Remove Insight
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 —Mark Wakefield, a director in AlixPartners’ Global Automotive Practice. million units in 2011 and only 13.6 million in 2012.

article thumbnail

CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

While India has a position as one of the world’s fastest-growing economies, its motor vehicle penetration per capita remains significantly lower compared to the global average. However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry.

India 52
article thumbnail

New Ipsos study on autonomous driving finds most Americans simply enjoy the act of driving their vehicle

Green Car Congress

Ipsos, the global research and insights organization, explored consumer thoughts in its third annual Global Mobility Navigator Syndicated Study. Todd Markusic, Vice President, Ipsos Mobility, said the Global Mobility Navigator Syndicated Study uncovered interesting insights on how drivers truly feel about self-driving cars.

Vehicles 191
article thumbnail

Varroc appoints Dixit Roy Mahidhara as CEO of subsidiary, CarIQ Tech – ET Auto

Baua Electric

Dixit Roy Mahidhara Varroc , a leading global tier-1 automotive supplier, has appointed Dixit Roy Mahidhara as Chief Executive Officer of its subsidiary – CarIQ Technologies Private Ltd. He brings a wealth of experience and expertise to this critical role and will help drive the future of connected vehicles at Varroc, the company said.

Auto 52
article thumbnail

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

Baua Electric

With his remarkable leadership and extensive background in Research & Development, Electrification and business expansion, he brings a fresh perspective to Musashi India’s vision of revolutionizing the auto industry with supreme quality products. Previously Naoya Nishimura was the global Chief R&D Officer at Musashi.

Africa 40
article thumbnail

Bajaj Auto expands engineering skills training to Tier 2, 3 cities | Autocar Professional

Baua Electric

It gave us a very clear picture of the critical gap between theoretical education and practical skills needed in the manufacturing industry. The insights gained through BEST acted as a cornerstone in laying down the groundwork.” ” “With Bajaj Beyond, we will expand our skilling efforts across the group.

Auto 52
article thumbnail

ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

said, “Indian auto component manufacturers have made remarkable progress, and it’s imperative to acknowledge and support them as they shape the future of mobility. The robust growth of our auto sector stands as a testament to the ‘Make in India’ initiative and our domestic demand.

Auto 52