Baua Electric

APRIL 1, 2024

Driven by improved availability of semiconductors and pent-up demand as well as the expanding economy, India’s passenger vehicle industry grew at around 8.5 SUVs now account for over 50 percent of the passenger vehicle industry volume. The demand-supply dynamics improved as automakers ramped up their production. lakh, or 4.23-4.25

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Baua Electric

MAY 7, 2024

India Auto Inc has had a good start to the new fiscal year 2025. The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. A fair number of new product launches across the two-wheeler and passenger vehicle segments also helped rev up overall industry demand.

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Baua Electric

MAY 7, 2024

India Auto Inc has had a good start to the new fiscal year 2025. The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. A fair number of new product launches across the two-wheeler and passenger vehicle segments also helped rev up overall industry demand.

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Baua Electric

JANUARY 1, 2024

Having grabbed the SUV leadership in the ongoing FY2024 despite being late in the game, Maruti Suzuki India is looking to aggressively fill the key gaps in its portfolio. Hisashi Takeuchi, MD and CEO of Maruti Suzuki India, told Autocar Professional recently that the company does not have enough SUVs and there are gaps to fill.

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Baua Electric

JANUARY 1, 2024

The domestic passenger vehicle industry sales recorded a growth of 8.3 Buoyed demand for sports utility vehicles (SUV), new vehicle launches, and the easing of semiconductor supply helped the industry cross four million units in annual sales for the first time. percent year-on-year to 4.11 million units.

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Baua Electric

JANUARY 5, 2024

At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. lakh worth of components in 2022-2023.

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Baua Electric

MAY 1, 2024

lakh units in the year-ago period, said Partho Banerjee, Maruti Suzuki’s new head of marketing and sales. Hyundai India’s Chief Operating Officer Tarun Garg also said the industry volume growth in April looks like around 1.5 The size of pending bookings in the industry has come down considerably from the previous year.

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Baua Electric

JANUARY 3, 2024

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. Despite the pandemic shock and other related challenges like semiconductor shortage, supply chain disruption, etc.,

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Baua Electric

JANUARY 1, 2024

Market leader Maruti Suzuki, Hyundai Motor India, Tata Motors and Toyota Kirloskar Motor reported their best-ever annual sales in 2023. This is the first time the industry has ever crossed the 4 million mark. Srivastava further said the industry estimate for retail sales in 2023 is 40.51 lakh last year as compared to ₹ 10.58

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Baua Electric

JANUARY 9, 2024

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year. We will invest in the future.

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Baua Electric

APRIL 8, 2024

Maruti Suzuki’s long-awaited entry into the EV space with a mid-size SUV EV (code: YY8) based on the e-VX concept is set to see a delay of some months, sources aware of the matter told Autocar Professional. A three to six month delay is normal in the industry,” sources said.

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Plug In India

DECEMBER 30, 2020

The Indian electric vehicle industry too suffered a setback during the first six months of the year. Yet, by the end of the year, there is a huge wave of optimism in the industry for the coming year. This report logs the highs and lows of the Indian EV industry for 2020. It's now up-to the auto industry to launch more EV's.

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Baua Electric

JANUARY 12, 2024

India Auto Inc has had a good CY2023 with OEM dispatches nearing the 23 million-units mark as a result of all four vehicle segments recording good growth. India Auto Inc has entered CY2024 on a strong note. Maruti Suzuki sold 1.7 Last year saw passenger vehicle wholesales soar to a record 4.1 CY2023’s 22.83

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Baua Electric

JANUARY 12, 2024

India Auto Inc has had a good CY2023 with OEM dispatches nearing the 23 million-units mark as a result of all four vehicle segments recording good growth. India Auto Inc has entered CY2024 on a strong note. Maruti Suzuki sold 1.7 Last year saw passenger vehicle wholesales soar to a record 4.1 CY2023’s 22.83

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Baua Electric

APRIL 27, 2024

While the Fronx compact SUV was the second best-selling Nexa model for Maruti Suzuki, the Exter was Hyundai’s third best-selling model. MARUTI FRONX: 134,735 units Launched on: April 24, 2023 The Fronx, the youngest member of Maruti Suzuki India’s premium Nexa models, was launched on April 24, 2023. lakh and Rs 15.05

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Baua Electric

MARCH 17, 2024

Klaus Zellmer, the global CEO of Skoda Auto, has visited India thrice in the past 18 months. While India continues to remain an outlier at present, it is expected to remain among the fastest growing auto markets in the coming decade, having already become one of the top three markets in the world for Skoda Auto. As India 3.0

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Baua Electric

JANUARY 18, 2024

According to the company, this “improves its industrial and technological capabilities in one of the largest automotive markets in the world, and it does so in the technology solutions business, an area of activity that will be the driving force behind the company’s growth in coming years.”

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Baua Electric

MARCH 10, 2024

It was one of the major blows for the country’s manufacturing sector as several other auto OEMs like Chevrolet, Datsun etc called it quit from India. The schemes like Production Lined Incentive (PLI), improving the ecosystem for MSMEs, which have always played a key role in the automotive supply chain are further propelling the growth.

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Baua Electric

MAY 12, 2024

While India always had the talent, it struggled to achieve the capex required for setting up manufacturing industries, thereby becoming a services economy. However, owing to the global geo-political scenario, there is a sentiment to de-risk the global supply chain from China, and there is an increased flow of capex to the country as well.

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Baua Electric

JUNE 8, 2024

So a lot is happening to make us future-ready,” said Rajesh Jejurikar, ED and CEO, Auto and Farm sectors at M&M. Brands such as Kia, MG, Hyundai, Tata Motors and even Maruti Suzuki have bet aggressively on the UV segment in recent years, making it much harder for M&M to hold on to its sizable market share in this category.

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Green Car Congress

NOVEMBER 6, 2009

The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., Findings of the report include: Toyota and the BMW Group are industry leaders. In other words, the authors note, these companies use these resources more efficiently than their industry peers.

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Electric Vehicles India

JUNE 17, 2021

The 2018 Auto Expo in Delhi alone saw over 50 new electric vehicles being showcased by OEMs such as Tata, Mahindra, Hero Electric, Maruti Suzuki and several other new players. Use incentives as a tool for directing or promoting industry. Competitively allocate incentives to ensure most efficient use of funds.

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Plug In India

DECEMBER 11, 2021

Delays in Deliveries Also OLA has delayed deliveries citing semiconductor chip supply issues. Which I feel is strange as in September Varun Dubey, CMO of Ola Electric said in an interview to CNBC and he said they are confident on the Semiconductor supplies. Shame on these traditional auto OEM’s.

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