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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

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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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

In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 billion in 2010 profit on a net margin of 4.6% billion on a net margin of 4.3%—things

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Toyota invests $11.1M in Indiana schools to boost STEM programs

Teslarati

The investment supports future STEM careers in the area, including job opportunities in the auto industry. During the unveiling of the new Grand Highlander three-row SUV, the Japanese automaker also announced an $803 million investment in Indiana. It also includes Toyota USA Foundations’ $11.1

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Honda to step up its game with new electric motorcycles and EVs

Teslarati

With the popularity of electric vehicles continuously rising, legacy automakers like Honda are reevaluating their place in the general auto industry. Battery electric vehicles (BEVs) are particularly making strides in the global automobile business. The e:N SUV xù concept model was unveiled at Auto Shanghai this month.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event.

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China’s JAC plans Aussie push with EV ute benchmarked against Rivian R1T

EV Central

An all-new battery electric and plug-in hybrid ute benchmarked against the Rivian R1T will be one of the headline acts when China’s JAC Motors unleashes a comprehensive attack on the Australian market around mid-decade. JAC will roll out right-hand drive SUVs the same year, while passenger cars will follow after that.

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Regulatory filing: VW ID.7 coming to China

CN EV Post

It has a ternary lithium battery pack and the manufacturer is a joint venture between FAW and CATL. 6 Crozz, two SUVs with suggested retail prices starting at RMB 217,900 ($31,660) and RMB 258,900, respectively. family models, bringing the starting price of the SUV series to as low as RMB 174,900. ($1 FAW-Volkswagen's ID.

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