Brokerages see repo and CRR rate cuts, along with a likely GST rate reduction as key triggers
Mahindra & Mahindra is gearing up to roll out new SUVs to cater to both domestic and export markets as part of its Vison 2027, group CEO and MD Anish Shah said on Friday. Speaking at an event, which showcased company's new platforms and growth strategy, he noted that the automaker has become number one player in SUVs outpacing global giants. "Today, I am honoured to unveil our bold new vision for 2027 that will become the backbone of our next generation of world-beating SUVs, engineered right here in India, for India and the world," Shah stated. He stated that just five years ago the the company set out with bold ambitions to lead, not follow; to disrupt, not be disrupted; to place Indian ingenuity and resilience on the global stage. "From the rugged Thar to the sophisticated XUV700, from the Scorpio's legacy to our BEV electric range, we have transformed challenges into opportunities - outpacing global giants, becoming India's No 1 SUV company, via achieving record growth in SUV .
The 7-seater segment is expected to grow in the coming years. The growth will be accelerated by the launch of new models in 2025-26. Let's look at the upcoming 7-seater vehicles in India
Fronx drives Maruti Suzuki's record FY25 exports with 69,000 units shipped globally, becoming the fastest SUV to cross 100,000 units in overseas sales
Creta records 15,786 units in June 2025, just ahead of Dzire, and ranks second in H1 sales as SUV demand remains strong amid competition from Maruti's broad lineup
Vatsa said Nissan is sticking to its plan of launching three new models by early 2027
Two-wheeler owners finding upward mobility challenging
Company plans greenfield PV plant by FY28 as SUV capacity runs past 90%
The delay sets back Xiaomi's $10 billion EV project, which billionaire co-founder and Chairman Lei Jun has described as his last startup endeavor
Japanese automaker Nissan on Sunday said the company is set to launch in India a seven-seater multi-purpose vehicle in the last quarter of the 2025-26 fiscal, and a five-seater compact SUV towards the end of the April-June quarter of 2026-27. As part of its plans to reshape new products for the India business, Nissan had earlier announced the launch of the seven-seater B-MPV (multi-purpose vehicle) and two compact SUVs (in five and seven-seater configurations), besides the existing new Magnite and the X-TRAIL. "Let me be very clear, we will focus only on SUVs. These will have Japanese DNA and very strong Nissan technologies... We are now ready to share the timing of the new launches: the B-MPV seven-seater is going to come out in the last quarter of this fiscal, while the C-SUV (five-seater) will come at the end of the first quarter (2026-27 fiscal)," Nissan Motor India Managing Director Saurabh Vatsa said. Vatsa said the timeline for the launch of the seven-seater compact SUV will
Toyota Kirloskar Motor aims to maintain sales volume growth in the current fiscal with plans to expand the sales network and introduce new models, according to a senior company executive. The automaker, which reported record sales in the last fiscal, expects demand for its SUVs and MPVs to remain robust in the ongoing financial year. In an interaction with PTI, Toyota Kirloskar Motor Vice President (Sales-Service-Used Car Business) Varinder Wadhwa said the automaker plans to increase its production capacity and explore electrification, including the introduction of battery electric vehicles as part of its commitment towards carbon neutrality. "We believe, with the kind of product portfolio we have now, right from the small cars to the flagship offering, increased production capacity and our network which is further going to be enhanced in tier II, tier III market...all this will further help the company to consolidate and help play a bigger role in the Indian automobile market," he
According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market
Vietnam's electric vehicle maker VinFast Auto on Saturday said its two electric SUVs -- VF 7 and VF 6 -- will hit the Indian market later this year to mark its foray into the country, which it says has a huge growth potential. The company, which is investing USD 500 million to set up its manufacturing plant at Tuticorin in Tamil Nadu, expects completion of the facility in the second half of 2025 after which it will launch the products. It is also in talks with the government for its investment in India to be considered for incentives under the new EV policy and is looking to export EVs produced in India to the Middle East and African markets. "We hope that it (Tuticorin plant) will be completed by the end of H1 or H2 beginning of 2025, then we can launch our cars," VinFast Asia CEO Pham Sanh Chau said here in an interaction. "This year, we will launch two products," he said when asked about the product launch plans of the company in India. Stressing that the premium SUVs VF 7 and
Mercedes-Benz began accepting bookings for the G 580 electric last year, and deliveries are expected to begin in the January-March 2025
The Mahindra BE 6 will be available in three variants: Pack One, Pack Two and Pack Three, though prices for the mid-spec trim have not yet been announced
Three of the top five best-selling cars in 2024 were SUVs.
The uptick in the M&M share price came after the company announced that its subsidiary, Mahindra Electric Automobile Limited (MEAL), has launched two new electric Sports Utility Vehicles (SUVs)
(Reuters) -Indian automaker Mahindra & Mahindra reported a surprise rise in second-quarter profit on Thursday, helped by higher sales of its sport utility vehicles (SUV) and a recovery in tractor demand.
JLR cautioned last month that its push into EVs will cost more than initially planned, citing weak consumer demand
General Motors is recalling more than 449,000 of its SUVs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place. The National Highway Traffic Safety Administration said Friday that the recall includes certain 2023-2024 Cadillac Escalade and Escalade ESVs, 2023 Chevrolet Silverado 1500, 2023-2024 Chevrolet Tahoe and Suburban 1500, 2023 GMC Sierra 1500, 2023-2024 GMC Yukon and Yukon XL models. The agency said that without the warning light, a vehicle may be driven with low brake fluid, which can reduce braking performance and increase the risk of a crash. A free software update will be provided to vehicle owners. Owner notification letters are expected to be mailed Oct 28. Vehicle owners can contact GMC customer service at 1-800-462-8782, Chevrolet customer service at 1-800-222-1020, or Cadillac customer service at 1-800-458-8006.