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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

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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Is Ford really coming back to India? What could be possible reasons

Baua Electric

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. Ford already had a local supply chain, which could be functional again.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

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.