Mercedes-Benz India may increase prices of its model range in April, if the rupee continues to weaken against the euro, Managing Director & CEO Santosh Iyer said on Tuesday.
Trump earlier in March agreed to exempt automakers for a month from his punishing 25 per cent tariffs on Canada and Mexico if they complied with existing free trade rules
The price hikes come at a time when the Indian passenger vehicle market is already under pressure
Tata Motors announced a price increase of up to 2 per cent across its CV range, effective April 1
In the past, we have launched many products in the market, from generation 4 to generation 5, to Apex, Rizta, and Halo, said Ather Energy CTO
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Tata Motors will hike prices of its commercial vehicles, including trucks and buses, by up to 2% from April, while Maruti Suzuki said it will increase car prices by as much as 4% next month
The new Ebony Edition XUV700 from Mahindra is priced between Rs 19.64 lakh and Rs 24.14 lakh (both ex-showroom). It has an all-black exterior and interior, as the name suggests
Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and JSW MG Motor all announced price hikes this year to offset rising input costs
From premium electric motorcycles to mass-market scooters, manufacturers are rapidly expanding their portfolios to capture a larger share of the booming market
VW's local unit Skoda Auto Volkswagen India is embroiled in a legal tussle with the country's tax department over allegations that it misclassified imports of some Audi, VW and Skoda cars
Auto industry braces for sluggish growth in FY26 amid affordability concerns
According to data released by the Society of Indian Automobile Manufacturers (SIAM), PV wholesales reached an all-time high for February, hitting 377,689 units, a 1.9 per cent increase from the same m
The three-wheeler segment also showed strong performance, growing by 4.7% Y-o-Y. Total sales for Feb 2025 reached 57,788 units, compared to 55,175 units in the same period last year
The total passenger vehicle wholesales stood at 3,70,786 units in February 2024
Speaking on the sidelines of TiECon, Mehta stated that Ather's focus remains on scaling its business, as the company is bullish on expanding its market beyond South India
The company further added that the specific models and production timelines will be aligned with Tata Passenger Electric Mobility (TPEM) and JLR broader strategy and market requirements.
The body also flagged unclear insurance policies for retrofitted EVs and low consumer awareness about EV financing as additional barriers
Yamaha has not disclosed official mileage figures but claims that the hybrid variant will deliver better fuel efficiency than the petrol-only FZ-S
In India, the e-bus sector is still in its early stage, representing just 4 per cent of total annual bus registrations in FY24