Autocar Professional - 1st May 2024
In dieser Angelegenheit
Autocar Professional’s May 1, 2024, issue is out
This specially curated 64-pager issue offers a review of the key events in the automotive industry in the past few days.
Top story
Indian auto’s record highs: As the Indian car market continues to scale new peaks new and clearer market trends are emerging. While SUVs and crossovers are making gains everywhere, small cars and hatchbacks are not in a mood to give up territory so easily despite the fact that one in every two vehicles sold in FY24 was an SUV.
What the country witnessed was the growth of SUVs by over 28% to 2.1 million units with more than 50% of them being above four metres. Interestingly, vehicle prices, which had already gone up by 25-30% post Covid-19, witnessed another year of 11% appreciation. We present a detailed analysis on the year gone by and the winners and losers in our cover story.
Spotlight
Elon Musk of EV maker Tesla kept India guessing as strong global headwinds and operational challenges have impacted the company. We bring you the story on where India figures amongst the myriad global issues that Tesla faces.
360° view of the market
Santosh Iyer, MD of Mercedes Benz India and Guruprasad Mudlapur, MD of Bosch India.
Enroute to electrification
Automobili Lamborghini’s Urus SE is the second hybrid model and Maserati goes all-electric with the GranCabrio Folgore.
Betting big on Hydrogen
A shot in the arm for green hydrogen production in India as the Automotive Research Association of India (ARAI) has received thirteen technical bids for pilot projects for the use of green hydrogen in the transport sector. ARAI, the implementing agency for these projects, is currently conducting a technical evaluation of the proposals. Meanwhile, an allocation of Rs 496 crore has been made for green hydrogen and other related projects until 2025-26.
Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
2 mins
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
3 mins
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India
2 mins
New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
4 mins
Switch Mobility to meet growing e-bus demand with fresh capex
Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.
4 mins
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
2 mins
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
3 mins
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
2 mins
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
2 mins
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.
9 mins
A Matter of Specialised Security
VEHICLE NUMBER PLATES IN INDIA HAVE COME A LONG WAY FROM BEING SOURCED FROM THE UNORGANISED SECTOR TO STATE-OF-THE-ART, GOVT. APPROVED MANUFACTURERS. AUTOCAR PROFESSIONAL SPOKE WITH SHIMNIT INDIA PVT. LTD., A COMPANY THAT SPECIALISES IN HSRP TO FIND OUT MORE.
9 mins
Tech That! - India is becoming the auto R&D hub for the world
The heightened level of connectivity, software and electronic contentin vehicle architectures of the futureis driving global automotive players to augmentinvestments into R&D and stateof-the-artinfrastructure. Indiais emerging as a dream destination for developing these new-age technologies writes Mayank Dhingra.
10+ mins
'INDIAWILL BETHE NUMBER ONE MANUFACTURING HUB INTHE WORLD'
Union Transportand Highways Minister Nitin Gadkari also expressed the government's appreciation fortheautomobileindustry for thinking seriously aboutalternative fuels, writes Amit Vijay M.
2 mins
CV MAKERS LOOKING AT SMARTER, CLEANERTECHNOLOGY OPTIONS
India's ttuckand bus makers are now seriously looking at cleaner mobility solutions, despite the obvious challenges, write Amit Vijay Mand T ENarasimhan.
6 mins
HI-TECH INNOVATIONS POWER AUTO COMPONENTS SHOW 2023
Electrification, telematics, connectivity and ADAS solutions were the talking points of the Components Expo whileinnovations aimed atimproving efficiency of ICEtooleftastrongimpression. Mayank Dhingra gets asense of therejuvenated industry that’s ready totake ona disruptive future.
3 mins
CLEAN ENERGYTHEMESWERE CENTRALTO AUTO EXPO 2023
It'snotjust two-wheelers or OEMs, but three-wheelers and even commercial vehicle players thathave announced aseries of clean energy initiatives, writes TE Narasimhan.
3 mins
'INDIA HASTHE POTENTIALTO BETHE WORLD'S LARGEST CAR MARKET'
Says Toshihiro Suzuki, president of Suzuki Motor Corporation whoalso adds that small cars will continue to berelevantin Indiain the future. Ketan Thakkar has thestory.
3 mins
CARMAKERSATAUTOEXPO 2023: COMPLETEA-Z GUIDE
Webring alowdown ofallnew cars, SUVs, EVs, hybrids and concepts that were showcased at the AutoExpo 2023.Soham Thakur takes us onatour.
4 mins
Audi All Set For Electric Game Plan
As of 2026, the brand with the four rings will only launch all-electric models onto the global market, gradually phasing out production of its ICE models by 2033. Autocar Pro News reports.
5 mins
"The construction equipment industry may expect some fireworks over the next five months"
Sandeep Singh, MD of Tata Hitachi spoke exclusively with Shahkar Abidi about the post-Covid-19 upward trend that's helping India's construction equipment segment come out of a slump.
5 mins
Sky is the limit: Huge OEM demand drives sunroof biz
The automotive industry demand for a premium feature like sunroofs is driving the market that expects to cross seven lakh units of sales during CY23, up from five lakh units in CY22, writes Shahkar Abidi.
3 mins
India's Components Inc presses the growth pedal
Strong vehicle buying across nearly all segments in the domestic market augurs well for the Indian auto components industry, which is likely to scale a new peak in FY23 and witness resurgence of investments to cement future growth. Mayank Dhingra speaks to India's top suppliers.
10+ mins
Ready for the road ahead
With solid financial backing, Yulu plans to expand its Mobility-as-a-Service business and also enter into the personal mobility space with established 2W partners like Bajaj Auto, writes Amit Vijay M.
3 mins
The rise and rise of Kia India
A relatively unknown brand in India barely four years ago, Kia is now a key player and the India operation jewel in the Korean carmaker's crown for export markets, writes Ajit Dalvi.
3 mins
'India will be resilient despite global recessionary fears'
India's luxury car market is poised to grow by 40 percent in CY22 and is likely to see its momentum being sustained despite weakening economic circumstances in the West, says Mayank Dhingra.
2 mins
Zooming off the shelves: Indian cars outsell Korean brands
While domestic car models have successfully upped their game and were the second most sought-after Japanese brands in 2022, they also overtook the Koreans in the same year. Ketan Thakkar has the story.
6 mins
Hyundai Motor Group ends 2022 with a record 1.04 mn units in India
The South Korean company, parent of Hyundai Motor India and Kia Motor is only the second car maker, after Suzuki, to achieve this milestone. Ketan Thakkar brings you the full story.
2 mins
Mahindra Electric Mobility's big action plan for next year
A leader in the electric three-wheeler space with a 68 percent market share, future strategies include introduction of electric wheelers with swappable batteries in the first half FY24, writes Amit Vijay M.
4 mins
India is ready to witness a multi-billion dollar EV business
Experts reckon that 35-40 percent of vehicles sold in the country by 2030 will have some form of electric propulsion and that roughly translates to $8-11 billion profit for its makers, writes TE Narasimhan.
4 mins
Indian auto industry back in mega investment drive
As of now the resilient Indian automotive industry is preparing to infuse at least $10 billion in Capex and enhance production capacity from 2.2 to three million cars in the coming years, writes Ketan Thakkar.
5 mins
Autocar Professional Magazine Description:
Verlag: Haymarket India
Kategorie: Automotive
Sprache: English
Häufigkeit: Fortnightly
Autocar Professional is India’s leading automotive B2B fortnightly. Its in-depth analysis of the Indian automobile and components business is a must-read for industry personnel. It is circulated among key industry executives and decision-makers, and provides news, incisive interviews and accurate vehicle sales and production data. Its ability to spot and forecast trends has made it a strategic tool for auto professionals. The pages of Autocar Professional have emerged as a platform for the stakeholders of the Indian auto industry to showcase and share their ideas and vision.
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