The company, which now has MINI Cooper, MINI Countryman JCW and MINI Convertible in its portfolio, is looking to expand its sales network in smaller cities
Planning mid-cycle facelifts over new launches
Sector optimistic that 'supportive policy reforms' will continue, says group
The move is seen as a way to protect Mexico's domestic industry
The company said the euro-INR exchange rate has stayed above the Rs 100 mark through 2025, well above historical averages, significantly raising its cost base
Mexico's Senate approved the new tariff measure on December 11, 2025, and it has since been cleared by both chambers of Congress
Rise in input costs, commodity prices, and increased logistical expenses, in combination with inflationary pressures, have been creating significant pressure on the company's bottom line
Uttar Pradesh is the second-largest car market in India by volume, but when it comes to EV sales, the state currently ranks eighth
CEO Brar noted that the company was not considering raising prices with the new GST rates coming into effect, but the weakening of the rupee has put a lot of pressure on the profitability
The import duty on cars will rise to 50 per cent from 20 per cent, dealing a significant blow to India's largest vehicle exporters to Mexico including Volkswagen, Hyundai, Nissan and Maruti Suzuki
forex pressures, rising commodity prices, rural demand uncertainty to push prices up
NBFCs' vehicle-loan AUM is seen growing 16-17 per cent annually through FY26-FY27 to Rs 11 trillion by March 31, 2027, with used-vehicle loans expected to outpace new loans, Crisil Ratings said
Gwanggu Lee, Managing Director & CEO of Kia India, said the new Seltos represents more than a generational upgrade
The new engine rangeP15 (49 and 55 HP) and H4 Unipack (55 and 74 HP), is manufactured at the company's facilities and aligned with global quality standards
A new Gartner report has predicted that by 2029, only 5 per cent of automakers will maintain strong AI investment growth, starkly less than the 95 per cent currently engaged
Given the withdrawal of EV support from US President Donald Trump's administration, the No. 2 US automaker faces the dual expense of investing in combustion-engine models
Electric car sales grew by 63% YoY in November; but penetration fell to 3.7% below the pre-GST rate cut level of 5%
Besides GST benefits, the jump was aided by the marriage season, better supply of high-waiting models, and sustained push from compact sport utility vehicles
Indian automakers are reviving legacy nameplates to leverage brand recall and stand out in a crowded market, as classic badges like Sierra, Safari, Baleno and Scorpio return to attract buyers
With the rupee weakening against the euro and dollar, luxury and mass-market automakers are preparing steep price hikes as rising import and semiconductor costs squeeze margins