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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

By: Mainak Das | Updated on: 03 Jan 2024, 13:42 PM India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2

India 52
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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

However, the industry has demonstrated resilience in navigating such challenges in the past, and its accumulated experience could be valuable in mitigating these potential impacts. 2024 also marks a crucial year for India’s electrification journey. These trends present exciting opportunities for the auto component industry.

India 52
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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 —with OEMs in China and India at 5.2%, while suppliers from China and India enjoyed an EBIT margin of 7.5%, the highest in the world.

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Tata Technologies displays eMO low-cost city EV engineering study at Detroit Show

Green Car Congress

Tata Technologies, a global provider of engineering services and product development IT, was selected by Michelin to display its electric MObility (eMO) engineering study EV as part of the Michelin Challenge Design display at the 2012 North American International Auto Show (NAIAS) in Detroit. —Kevin Fisher.

Detroit 268
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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

Consumer preferences for ergonomics and comfort, and telematics/personal assistance services also rose significantly, according to executive perceptions captured by the KPMG survey. The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. Investments.

Global 218
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EAA National Board nominations from across North America

Electric Auto Association

He understands the trend away from internal combustion engines (ICE) to electric-powered vehicles and realizes the tasks involved to decommission ICE infrastructure. He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation.

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EAA National Board nominations from across North America

Electric Auto Association

He understands the trend away from internal combustion engines (ICE) to electric-powered vehicles and realizes the tasks involved to decommission ICE infrastructure. He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation.