Toyota Kirloskar Motor (TKM) has revealed its intention to raise prices on select vehicles by up to 1% starting from April 1. The decision comes in response to escalating input costs and operational expenditures faced by the automaker. Reason for Price Increase In a statement, TKM attributed the planned price hike to the continual rise […]
Read MoreTata Power has announced its partnership with the Ayodhya Development Authority (ADA) to install electric vehicle (EV) charging points in and around the city, aiming to accelerate the adoption of EVs. Strategic Deployment The initiative strategically places EV charging points along crucial routes, connecting Ayodhya with nearby major cities. These routes include Ayodhya to Lucknow […]
Read MoreTata Motors announced an 8% growth in total wholesales, reaching 86,406 units in February, compared to 79,705 units in the same period last year. The company disclosed these figures in a regulatory filing. Domestic Sales Performance Domestic sales witnessed a robust performance, with total domestic sales reaching 84,834 units, marking a 9% increase from the […]
Read MoreThe Indian auto industry witnessed a notable 13% growth in sales in February 2024, with all segments showing positive performance, according to a report by the Federation of Automobile Dealers Associations (FADA). Overall Performance All segments, including passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and tractors, reported year-on-year increases in sales. However, there was a slight […]
Read MorePassenger Vehicles The Indian auto industry started 2024 on a positive trajectory, with February witnessing the highest-ever sales volume for the month. Passenger vehicle sales surged to 3,73,177 units, marking an 11.3% year-on-year growth from February 2023’s 3,35,324 units. Maruti Suzuki Leads the Way Maruti Suzuki retained its position as the market leader, with sales […]
Read MoreThe Indian government has unveiled a new policy aimed at fostering domestic manufacturing of electric vehicles (EVs), potentially opening doors for Tesla’s entry into the country. The policy seeks to promote environmentally friendly EVs while bolstering the ‘make-in-India’ initiative. Key Policy Highlights Under the new policy, companies intending to import electric vehicles into India must […]
Read MoreMahindra & Mahindra has announced a significant 24% rise in its total sales for February, reaching 72,923 units compared to 58,801 units dispatched to dealers in February 2023. Passenger Vehicle Sales Surge The Mumbai-based auto giant reported a notable 40% increase in domestic passenger vehicle sales, totaling 42,401 units in February. This growth was attributed […]
Read MoreLuxury automaker Audi India is gearing up to initiate local assembly of electric vehicles (EVs), a strategic move aimed at making its models more accessible to customers in the Indian market. Presently, Audi imports its entire EV range, including models like Q8 50 e-tron, Q8 55 e-tron, Q8 Sportback 50 e-tron, Q8 Sportback 55 e-tron, […]
Read MoreHyundai introduced the 2024 version of its popular SUV, Creta, in India in January 2024. Following this launch, the company unveiled the premium N Line variant of the SUV, nearly two months later. Let’s delve into the details of this trendy new SUV that’s grabbing headlines. Hyundai Creta N Line Price and Variants The Hyundai […]
Read MoreKia India has announced its ambitious plan to expand its sales and service network to approximately 700 touchpoints across 300 cities by the end of the year. Currently, the automaker operates 522 touchpoints spread across 236 cities, offering models like Seltos and Sonet. Focus on Tier-1 and Tier-2 Markets With a focus on enhancing its […]
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