Automotive Industry

News and Trends

Luxury Cars: Need For Speed In Tier II, Tier III Cities

Companies such as BMW, Mercedes-Benz, Audi, Lexus, Lamborghini and others see potential in emerging markets of Tier II and Tier III cities. Ludhiana, Udaipur, Kanpur, Mysore, among others, where there are high numbers of NRIs and HNIs have seen high penetration of luxury cars

News and Trends

How Auto Companies Fared In May

While Maruti Suzuki marked a 10 per cent year-on-year(YoY) jump in total sales, Tata Motors total sales declined almost 1.6 per cent YoY

News and Trends

Lexus: Getting the 'Luxe' Factor Right For Luxury Cars

From clocking a significant amount of revenue from smaller towns to navigating the macroeconomic headwinds, Lexus has cracked the code for the Indian market. However, it is vigilant. "We need to carefully watch as we go towards the second or maybe the third quarter of 2023," says Naveen Soni, president, Lexus India

News and Trends

The Entrepreneurial Mindset Behind This Company's Disruptive Approach to Automotive Cybersecurity

The entrepreneurial mindset is all about identifying new opportunities, taking calculated risks, and finding creative solutions to complex problems. For Vikash Chaudhary, who started HackersEra in 2015, the opportunity was clear: to address the growing cybersecurity concerns in the automotive industry

Technology

EV Takes Centre Stage Amid Paradigm Shift in Automotive Industry

India is shifting gears to attain its ambitious climate change goal and generation of electric power from non-fossil fuels by 2030

Entrepreneurs

UAE-Based OWS Automotive Partners With KSA's King Abdullah Economic City To Establish Automotive Facility

OWS Saudi Arabia by King Abdullah Economic City and UAE-based global automotive service provider OWS is expected to create nearly 1,000 new jobs in Saudi Arabia.

Marketing

Why the Automotive Industry Needs a More Unique Approach to Marketing

The automotive industry has to have a unique approach to marketing. Here's what they need to consider.

Growth Strategies

Why General Motors Believes Startups Are A Key Component To The Success Of Its Global Strategy

Looking more broadly at the future of our region, the contributions of startups are set to grow exponentially, considering accelerators, incubators, and government-led initiatives and various in-person events right across the region.

Women Entrepreneur™

Woman on the Wheel

Myles has added 11,622 new customers in the last two years. There was an increase in overall customer requests by 84% in 2021

Growth Strategies

How Women Can Help Drive The Future Of The Automotive Industry

If automotive companies are not proactive in creating and promoting an appealing workplace conducive to gender equality, they might miss vital competitive advantages.

Business News

Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers

Toyota announced it will invest $3.4 billion in automotive batteries in the United States.

领导

Pushing Boundaries: Irfan Tansel, CEO, Al Masaood Automobiles

"We built up a good momentum during 2021, and we are now gearing up to end the year with great offers and new launches," says Irfan Tansel, CEO of Al Masaood Automobiles.

Business News

In the Market for a Car? You Might Be Searching for a While.

The pandemic continues to impact the automotive industry and raise prices for consumers.

Business News

Chip Shortage to Cost Automakers $210 Billion in Sales: Analysis

The forecast, released Sept. 23, estimates that the shortage will cost the auto industry $210 billion globally in lost revenue in 2021.

Business News

Should You Sell Tesla and Buy These 3 Auto Manufacturing Stocks Instead?

Although Tesla has shown tremendous operational ability, its shares have dipped after it missed earnings expectations in the last reported quarter.