Autocar Professional - 1st May 2024

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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.

Autocar Professional Magazine Description:

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.