India's automobile exports surged by 15.5% in the April-June quarter compared to last year. SIAM data shows total shipments reached 11,92,577 units, with passenger vehicles up by 19% and two-wheelers up by 17%. Maruti Suzuki led with the highest export numbers.
Electric car sales in India are likely to reach 1.3-1.5 lakh in the current fiscal year (FY25), according to a CareEdge Rating report.
Overall, India’s passenger vehicle (PV) sales grew 10 per cent (year-on-year) to surpass 4 million units, its EV sales nearly doubled, rising 97 per cent YoY to account for 2 per cent of the overall PV sales.
In November last year, Mercedes-Benz Korea and three other car companies recalled over 10,000 vehicles due to defective components.
As per reports, Volkswagen could look at importing the new generation Polo but in GTI form to India via the CBU imported route. The Polo might not be made here but brought in limited numbers as a CBU.
The car maker attributed the hike to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year.
The Central government had last week approved an EV policy that will allow companies that invest a minimum of Rs 4,150 crore in the country, meeting domestic value-added conditions, to import a limited number of vehicles at reduced customs duties.
The UK launch marks a significant step for Hero MotoCorp’s global ambitions. As per reports, by partnering with MotoGB, a well-established distribution network, they plan to not only conquer British streets but also make inroads into other European markets. This strategic move positions Hero as a major player in the global motorcycle scene.
He is also known for his vast fleet of luxury and sports cars that includes Ferrari 488 spider, G63 AMG and other high-end cars like Mercedes Benz, Range rovers and Audi.
Nikkei Asia reported on Thursday that the Nissan Motor Corporation was exploring the possibility of purchasing a common EV powertrain with the Honda Motor Company and developing a shared EV platform.
The status of the trademarks is ‘Accepted & Advertised’ which means the trademark names can now be used to name the vehicle.
The panel, which included 75 female automotive journalists from 52 countries, assessed 63 vehicles before choosing winners in categories like Family Car, Large Car, SUV, 4x4, Pick-up, and Exclusive Car. The Announcement coincided with International Women's Day on March 8.
This supercar, priced at Rs 4.59 crore (ex-showroom), joins Deepinder’s enviable garage, which includes the Porsche 911 Turbo S, Ferrari Roma, Lamborghini Urus, and a few other sports and luxury cars.
Over the years, the Alto has been among the best-selling cars in India. However, in 2023, Alto’s sales dropped 21.77%—from 162,548 units to 127,169 units (35,379 less Alto cars sold in 2023), and ranked 12th.
Bajaj said there was a 50-65% reduction in fuel cost and operating costs. The emission levels were lower compared to ICE vehicles . The CNG prototype had seen a 50% reduction in CO2, 75% in Carbon Monoxide and a reduction of almost 90% in non-methane hydrocabon emissions.
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