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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

On the other hand, just like any other sector, it is confronted with several issues in human resources (HR), particularly in the context of new businesses or established businesses that want to grow. Businesses facing human resource challenges must take measures to address talent acquisition and retention.

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

Baua Electric

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 However, passenger vehicle exports bucked the trend and registered growth, largely due to higher demand for sports utility vehicles.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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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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VW Works Council Chair talks Herbert Diess and Tesla’s growing influence on German auto

Teslarati

Tesla is not yet producing electric vehicles at Gigafactory Berlin, but the EV maker’s presence is already being felt in Germany’s auto sector. The sociologist looked into Tesla’s effects on the country’s auto industry on behalf of IG Metall, one of Germany’s most notable unions.

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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. Toyota invested $11.1 million in schools in Indiana to boost their STEM programs.

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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. Honda’s Electric Vehicle Lineup The Japanese automaker seems certain about the future of the global auto industry and appears ready to act on its beliefs.