Remove Auto Remove Auto Industry Remove Economy Remove Personal
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

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.

India 52
article thumbnail

IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 Europe autos demand for 2020 is set at 15.6 million units. million units, down by 13.6%

Gasoline 269
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

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

article thumbnail

New Ford Escape launching with two new EcoBoost engines with standard Auto Start-Stop

Green Car Congress

The new Ford Escape, being showcased at the Los Angeles Auto Show, is the first Ford vehicle to make Auto Start-Stop standard with either of two EcoBoost engines new to the model—a 1.5-liter A user enables the system through a two-step authentication process designed to protect personal information. liter and 2.0-liter

Escape 150
article thumbnail

June 2023 – Tesla Model Y was the best selling car in Sweden

Push EVs

Sweden’s June auto market saw plugin EVs take 59.2% Overall auto volume was 28,283 units, up some 9% YoY, though still below pre-2020 norms. There were no new faces in the top 20 (nor even any newcomers BEV models to the overall market), but June saw a few personal-best performances. The Swedish economy is experiencing just 0.6%

Sweden 52
article thumbnail

Waxman/Markey Bill Accelerates Infrastructure and Build-out for Plug-Ins, Calls for Harmonization of Motor Vehicle GHG Standards; 3% of Emissions Allowances for Cap-and-Trade Go to Auto Industry

Green Car Congress

The bill is structured into four primary titles: Title I: Clean Energy; Title II: Energy Efficiency; Title III: Reducing Global Warming Pollution (the cap-and-trade bill); and Title IV: Transitioning to a Clean Energy Economy (which also includes a section on adapting to climate change). Electric Vehicle Infrastructure.

Plug-in 150
article thumbnail

Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” ” “We proceed to barter in excellent religion with our companions.

Canada 52