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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

In spite of inflationary pressure, sales were supported by early purchases and easing of semiconductor chip supply. Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 lakh crore (USD 69.7

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Ask automotive rejigs its senior management, appoints Vashisth Kumar Tripathi as VP- Engineering – ET Auto

Baua Electric

Chandra Shekhar, the veteran with 25 years of experience is appointed as the new Vice President- Purchase. His expertise is in Vendor Development, Purchasing, Supply Chain Management and SAP Implementation in various plants of the Company and has been associated with the company since March 15, 2021.

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Li Auto rolls out price protection policy amid China auto price war

CN EV Post

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

billion in subsidies for car purchases. (A A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. billion in subsidies for car purchases, according to a poster on its website. family models as the price war in China's auto industry intensified.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China has made progress with automotive energy-saving technologies over the past 10 years through implementing passenger car fuel consumption limits and the use of fiscal policy to encourage the purchase of small cars, the government statement noted. 2012 Chinese Auto Industry Development Report.

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Notably, in late November last year, a media report said that Chinese consumers were offered discounts of RMB 80,000-100,000 by dealers when purchasing the BMW i3. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.

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

Baua Electric

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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