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

Baua Electric

By: Mainak Das | Updated on: 03 Jan 2024, 13:42 PM India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. India witnessed sales of 41 lakh passenger vehicles in 2023, up from 39 lakh units sold in 2022. Sales of new passenger vehicles in India recorded 41 lakh units milestone, marking around 8.2

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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

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. The ratio of sustainable value to sales (sustainable value margin) is calculated in the report so that different companies can be directly compared irrespective of their size. Click to enlarge. Click to enlarge.

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Yamaha introduces the NEO and E01 electric scooters in India

Electric Vehicles India

Two-wheelers, as opposed to four-wheelers, have made a comparatively swift transition to electric vehicles in the Indian automobile sector. These two electric scooters have yet to go on sale in India, and it’s unclear when it will happen. For a retail price of €3,099 (about INR 2.5

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Changan Acquires AVIC Units to Become 3rd Largest Automaker in China

Green Car Congress

The state parent of China’s Chang’an Automobile Group is taking over five vehicle units of the Aviation Industry Corp of China (AVIC) to create the third-largest automaker in China. Chang’an aims to boost sales to more than 2.6 Shanghai Daily. SAIC and FAW Group hold the top two slots.

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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 What is the mystery behind it?.

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

Baua Electric

Ford announced its exit from the Indian market back in 2021 owing to poor sales resulting in a loss of $2 billion here and eventually completed the exit process in 2022. Automobiles, being one of the apex segments in the manufacturing sector are naturally gaining prominence.

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FY2024 India auto sales rise 12% to 23.85 million units | Autocar Professional

Baua Electric

The Indian automobile industry has wrapped up FY2024 with total wholesale vehicle dispatches of 23.85 FY2019 had seen all four vehicle segments – passenger vehicles, commercial vehicles, two- and three-wheelers – hit record highs, which had contributed to the mega sales. million UV sales in FY2024. First the good news.

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