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

Baua Electric

Despite the pandemic shock and other related challenges like semiconductor shortage, supply chain disruption, etc., the Indian automobile industry has been showing great resilience. When the pandemic started waning, there was a huge demand for microchips, which created a demand and supply mismatch.

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

Baua Electric

Automobiles, being one of the apex segments in the manufacturing sector are naturally gaining prominence. 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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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

In other words, the authors note, these companies use these resources more efficiently than their industry peers. Hyundai, Honda and—to a certain extent—Nissan and Suzuki, generally create positive Sustainable Value as well. Sustainable Value in Automobile Manufacturing (2009). GM achieved a sustainable value of -€9.87