India’s luxury car market is poised to grow by 40 percent in CY2022 and is likely to see its momentum being sustained next year as well despite weakening economic circumstances in the US and Europe. The key driving force is Covid which has brought a fundamental shift in the psyche of the consumer who is… Continue reading In Conversation with BMW Group India’s Vikram Pawah
Author: Autocar_Professional India Online News
In Conversation with BMW Group India’s Vikram Pawah
India’s luxury car market is poised to grow by 40 percent in CY2022 and is likely to see its momentum being sustained next year as well despite weakening economic circumstances in the US and Europe. The key driving force is Covid which has brought a fundamental shift in the psyche of the consumer who is… Continue reading In Conversation with BMW Group India’s Vikram Pawah
In Conversation with BMW Group India’s Vikram Pawah
India’s luxury car market is poised to grow by 40 percent in CY2022 and is likely to see its momentum being sustained next year as well despite weakening economic circumstances in the US and Europe. The key driving force is Covid which has brought a fundamental shift in the psyche of the consumer who is… Continue reading In Conversation with BMW Group India’s Vikram Pawah
Tata Motors gets bookings for 23,000 XPres-T electric sedans worth Rs 3,000 crore
Tata Motors gets bookings for 23,000 XPres-T electric sedans worth Rs 3,000 crore Tata Motors, which is the electric passenger vehicle market leader in India and currently has an EV portfolio of four models – Nexon EV, Tigor RV, Xpres-T (fleet only) and the Tiago EV – has clocked bookings of over 23,000 XPres-T electric… Continue reading Tata Motors gets bookings for 23,000 XPres-T electric sedans worth Rs 3,000 crore
SUVs overtake humble hatchbacks as the biggest selling body style in India
The Sports Utility Vehicle (SUV) segment has become the largest selling vehicle body type in the Indian market, overtaking the humble hatchback which was the primary choice for the millions of Indians over the years. Increased affordability due to rising disposable income and high-decibel new vehicle launches over the years have expanded the bouquet of… Continue reading SUVs overtake humble hatchbacks as the biggest selling body style in India
‘India will be resilient and stand tall amidst global recessionary fears’: Vikram Pawah
‘India will be resilient and stand tall amidst global recessionary fears’: Vikram Pawah India’s luxury car market is back on its feet and how. Following the Covid pandemic, there has been a marked shift in consumer perception in this vehicle segment which is seeing an increasing number of first-time buyers, who are now practicing the… Continue reading ‘India will be resilient and stand tall amidst global recessionary fears’: Vikram Pawah
Madhurisha V takes charge as new Schaeffler India CTO
Schaeffler India has announced the appointment of Madhurisha V as its new Chief Technology Officer (CTO). In her role, Madhurisha V, who has over two decades of experience with various firms across automotive and industrial domains, will be responsible for R&D activities at Schaeffler India. In her new role, Madhurisha V will guide various technological… Continue reading Madhurisha V takes charge as new Schaeffler India CTO
BEVs and PHEVs take record 28% market share as European demand surges in November
BEVs and PHEVs take record 28% market share as European demand surges in November Last month, the European new car market performed well once again, with November marking the fourth consecutive month of growth. Registrations increased from 860,700 units in November 2021 to 1,010,900 units this year – a total volume increase of 17%. However,… Continue reading BEVs and PHEVs take record 28% market share as European demand surges in November
BEVs and PHEVs take record 28% market share as European demand surges in November
BEVs and PHEVs take record 28% market share as European demand surges in November Last month, the European new car market performed well once again, with November marking the fourth consecutive month of growth. Registrations increased from 860,700 units in November 2021 to 1,010,900 units this year – a total volume increase of 17%. However,… Continue reading BEVs and PHEVs take record 28% market share as European demand surges in November
Brose on the road to recovery, expects sales to exceed 7.4 billion euros in 2022
Despite challenging conditions overall, the Germany-based Brose Group has turned a corner. Following its first ever operating loss last year, the supplier will achieve a positive earnings result once again in 2022. Nevertheless, major efforts are required to ensure that growth planned for the coming year remains profitable. Brose CEO Ulrich Schrickel reported this information… Continue reading Brose on the road to recovery, expects sales to exceed 7.4 billion euros in 2022