In the calendar year 2024 (CY24), domestic PV wholesales of the industry stood at 4.3 million units, recording a Y-o-Y growth of about 4.7 per cent
Overall, 2.879 million vehicles were registered, including 2.050 million two-wheelers and around 450,000 cars, a 12.32 per cent jump from 2.563 million vehicles registered in 2023
Shares of Maruti Suzuki, which sells most cars in India, climbed 3.2 per cent after the company said sales to dealers rose about 30 per cent in December
Honda is expecting to kick off January 2025 with the highly anticipated launch of Activa e: and QC1 electric scooters
Data from Jato Dynamics highlights a shift in Indian car colour preferences, with bold and vibrant shades gradually gaining ground, though white continues to dominate for now
In 2024, an average of 12.43 petrol, diesel, CNG, or hybrid vehicles were sold for every EV- an improvement from 15.67 in 2023 and 21.05 in 2022
As BluSmart strengthens its presence, other platforms in the ride-hailing and electric mobility segment are also putting their expansion plans in fast lane
Chandra says when the market expands, one benefits from a wider portfolio, but when the market is not growing, products start cannibalising among themselves
This has been made possible by declining global costs of battery cells for EVs
India's luxury car market sees rapid growth, with over 50,000 units expected to be sold in 2025, supported by rising wealth, new model launches, and a thriving affluent class
Mitsubishi, in which Nissan is the largest shareholder, is also part of the merger talks but will decide by the end of January
The PM-E drive, scheme launched in October, excludes subsidies for electric four-wheelers and hybrid vehicles, significantly impacting equipment manufacturers
It reveals a worrying surge in crush injuries among women, with cases increasing from 19 in 2019 to 321 in 2024
The champion OEMs include Tata Motors, Mahindra & Mahindra, Ola Electric Technologies, Eicher Motors, TVS Motor Company, and Bajaj Auto
The move follows reports of violence against 'Hindus' and 'attacks' on temples in Bangladesh
Rural demand had been subdued in the past few financial years owing to low farm profitability because of erratic monsoon and the outsized impact of the pandemic on rural incomes
Combining two large, global manufacturing operations is an incredibly difficult feat that involves reconciling different technologies, models, and approaches to doing business
The Syros, Kia India's much awaited compact SUV for the Indian automobile industry, is here. Prices are anticipated to be out next month with bookings opening on 3 January 2025
The car market leader is looking for accelerated growth in the coming years
Nissan Motor India declined to comment on the matter. Honda Cars India too did not comment