Auto sales jump 19% in festive season; price hikes in the offing
Several automakers on Monday announced their plans to raise prices by January 2024.
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Govt launches Bharat NCAP; gets requests to test 30 car models
Bharat NCAP has already received requests to test 30 models from automakers ahead of its launch, says Nitin Gadkari.
Passenger vehicle sales up 4% in July
Severe monsoons and flood-like situations impacted sales
Mercedes-Benz India clocks highest ever H1, Q2 sales
The sustained demand for both new and existing products across entry and core segments was the key to driving volumes in H1 2023, says Mercedes-Benz
We want to dominate the SUV space: Maruti's Shashank Srivastava
Latest Jimny launch is its 4th SUV. In the non-SUV space, Maruti's market share is 65%; overall it's 46%.
Hybrid EVs less polluting than battery EVs: IIT-Kanpur
HEVs operating with E-fuels emerged as the way forward for sustainable transport in India.
"Negotiations are on": JSW on picking up stake in MG Motor, BYD
India's biggest steel maker is in negotiations with Chinese carmakers to acquire a stake, as the latter finds it difficult to raise fresh funds amid increased scrutiny of fund inflows from Beijing
Tax benefits for the middle class could help improve demand: CRISIL
Rejigging of personal tax rates will lead to increased disposable income in the hands of consumers, which should increase the sales of two-wheelers and entry-level cars, says CRISIL.
Airbag makers to pull out all stops as market to grow three-fold by FY27
There is a lot of frenzied activity going on behind the scenes, as airbag makers look to corner the most out of the market, which could grow to about ₹7,000 crore in five years.
Heavy taxation coming in the way of growth in car market: RC Bhargava
At 28%—the highest slab of GST—and a compensation cess ranging between 1% and 22%, India's policy of heavily taxing passenger vehicles is dulling the prospects of growth in the industry, says Bhargava
