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SUV sales surge in India’s preowned car market – ET Auto

Baua Electric

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build.

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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. The BMA platform will be applied in compact cars, including SUVs, sedans, MPVs, crossovers, and wagons.

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Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto

Baua Electric

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” automaker could have to virtue its native companions’ car platforms extra “in certain segments,” except pickups and immense SUVs.

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Component makers line up capex, scout for land parcels as business booms – ET Auto

Baua Electric

For FY25, ICRA has projected that its sample of 45 auto ancillaries with aggregate annual revenue of INR 2.7 New Delhi: Domestic sales of cars and two wheelers are projected to slow down in the new fiscal year but the makers of critical auto components are going on full steam with capital expenditure. lakh crore to grow by 5-7%.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

Day to moment, GM stated it has completed its best industrial gross sales since 2007. Complete-size SUV gross sales soared 42 % within the quarter. Pickups and full-size SUVs — GM’s maximum winning automobile traces — accounted for 45 % of the corporate’s gross sales within the first part of 2023. Do you know?

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 billion yuan (US$679 million).