India

Audi India posts 97% jump in sales in first half of 2023 The company said its pre-owned car business 'Audi Approved: plus' grew by 53 per cent in the first six months of 2023 and will continue to expand it further in the country. German…

Mahindra Thar 5-door global unveil on August 15, to go on sale in India next year Mahindra Thar 5-door is expected to be a much more successful product in the Indian market than the Thar 3-door, due to the practicality, space and size.…

Automobile sales register double digit growth in May Synopsis As many as 334,247 cars, sedans and utility vehicles were dispatched from factories to dealerships in May, an increase of 13.5% from a year earlier and the highest dispatches…

Mercedes-Benz accelerating drive to bring top-end vehicles to India The company, which on Thursday launched the premium new AMG SL55 MATIC+ roadster model with prices starting at Rs 2.35 crore ( all India ex-showroom) -- its fifth launch…

Skoda Auto Announces Launch of NFT Platform Skodaverse India Eco-friendly, scalable NFTs with minimal gas expenses and interoperable NFTs that can be used across several platforms would supposedly be included in the platform termed…

Govt offers auto PLI 2.0 to bring Tesla to India The current outlay for the advanced chemistry cell batteries is Rs 18,100 crore and that for automobiles and auto components is Rs 25,938 crore. With Tesla proposing a manufacturing plant…

TMS Ep450: Auto inventories, IIT-Madras, RIL, de-risking and decoupling What do dealer inventories tell about auto market? How does IIT-Madras continue to beat the rest? Can RIL reverse its underperformance trend? How's de-risking…

India automobile exports rose 35.9% in FY22: Government The Centre has taken multiple measures to promote India’s exports. Foreign Trade Policy (2015-20) has been extended up to 31 March 2023 and Interest Equalization Scheme on pre- and…

Automobile sector growth to level off in fiscal 2024 Synopsis Improving urban sentiments, increased public mobility with reopening of educational institutions and offices and positive rural sentiments backed by a regular monsoon and…

Indian automobile sales saw a record high in May 2023. But there’s troubled water ahead May sales were quite good on the surface, but going through them with a fine comb requires understanding all sorts of subsidiary and interlinked…