Motown switches to festive gear with new models
Mumbai: Sluggish sales and high dealer inventory have not stopped carmakers from gearing up for a major product offensive in the upcoming festival season. As many as 20 new passenger …
automakers
Passenger vehicle sales drop for first time in 2.5 years
Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending …
Auto industry’s ability to hike prices will be lower in FY25 but value growth to be strong: Primus Partners
Mumbai: Automakers will have less of a pricing power this fiscal owing to a muted demand. As a result, the average price increase is expected to be 4% to 5% …
Auto emission norms to get stricter, make cars costlier
Automakers in India will need to cut carbon emissions by a third over the next three years or face stiff penalties under the third iteration of corporate average fuel efficiency …
Hybrid vehicles aren’t just bridge to EVs, Ford chief says
Ford CEO Jim Farley wants the industry to stop viewing hybrid vehicles as only an interim solution to be used until drivers are comfortable going fully electric. “We should stop …
car inventory: Car dealers may end up with 400K unit inventory
Carmakers expect to face a record stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car …
Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers
New Delhi: In a relief to automakers, sales of entry-level twowheelers — mostly bought by rural consumers — rose in strong double digits in the second half of FY24, underscoring …
April car sales growth moderates on high base
Car sales in the local market rose 1.3% to 335,629 units last month. Automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up demand that sustained …
Auto sales growth moderates in April, sets record despite tepid demand
New Delhi: Car sales in the local market rose 1.3% to 335,629 units last month, and automakers attributed the tepid pace of growth to tapering off of the post-pandemic pent-up …
compact vehicles: India’s love for sub-4 metre compact cars fades as SUVs gain ground
India’s appetite for compact vehicles – defined as being less than 4 metres in length – seems to be waning. Despite a preferential taxation regime, the share of sub-4 metre …