Mercedes-Benz India MD and CEO Martin Schwenk says there is a shift towards more sustainable tech in the auto sector, but it will have to be supported by a conducive framework.
The exotic carmaker has sold more than 100 units of the Urus since it was launched in India. The SUV accounts for half of Lamborghini’s sales in the country.
Auto retail sales in February are showing signs of recovery with automakers reporting rise in sales, although petrol prices have crossed ₹100 per litre. Reason: the shift towards personal mobility.
Safety and affordability concerns among commuters have given a fillip to shared mobility, with subscription-based models gaining traction. Will the industry realise the true potential of these models?
The German auto major sees a significant contribution of over 50% coming from the locally produced sports utility vehicle range including the X1, the X3, and the X5.
Cars are becoming “smart,” driven by connectivity, intelligence, and intuition. As smartphones changed our lives, smart cars too will have a profound impact on movement, both of people, and goods.
Rising commodity prices have compelled some of India's top automakers to hike car prices, from January. Experts caution this could further dampen consumer demand and delay recovery in the auto sector.
In a candid chat with Fortune India, Zoomcar's co-founder and CEO talks about the booming car rental industry, and how the company is looking to exploit the opportunities thrown up by the pandemic.
Nishant Arya, executive director, JBM Group, tells Fortune India that while Covid-19 has hit commercial vehicles, demand will pick up and there will be a shift towards cleaner engines.
