Automobile

News and Trends

3,200 New Outlets; Ola Electric Pushes Towards 4,000 Stores by Christmas

With introductory prices starting at INR 39,999, Ola's EVs cater to diverse markets, from rural to urban.

News and Trends

India Aims To Achieve 30% Share of EVs in New Sales by 2030: Report

India's EV market saw robust growth in 2023, with sales surpassing 1.5 million units; a 49 per cent increase compared to 2022. Notably, 95 per cent of these sales came from e2Ws and e3Ws, which play a pivotal role in India's transition to electric mobility.

News and Trends

Why Should You Buy Your Cars In December; Price Hikes Might Not be the Best Call In Jan, Says Expert

The current stock levels for most of the manufacturers at dealership points are very high, and the reason why price hike at this time isn't the best idea

News and Trends

JSW Group Charges Ambitions with New EV Brand Launch in India

While specific details about upcoming models remain under wraps, the move signals JSW's entry into a competitive sector dominated by established players such as Tata Motors, Mahindra, and Hyundai.

News and Trends

INR 16,000 Crore Is Required To Meet Public Charging Demand For EVs By 2030: Report

Innovation and research will be key in driving down costs and improving efficiency of electric vehicles.

News and Trends

How The Automobile Giants Performed in October 2024

October 2024's sales data reveals the shifting dynamics of India's passenger vehicle market. The festive season has underscored the growing demand for SUVs and MPVs, with Toyota Kirloskar and Mahindra & Mahindra emerging as clear winners by capitalizing on this trend.

News and Trends

Jaguar Land Rover Bolsters Global Innovation Network with New Hub in India

JLR's India Hub will work closely with a range of startups, concentrating on some of the most impactful emerging technologies in the automotive sector.

News and Trends

Indian Automobile Sector Sees Mixed Performance in September 2024: Report

The SIAM report provides a mixed outlook for India's auto sector. Utility vehicles and two-wheelers are driving domestic growth, while export markets show healthy demand.

Growth Strategies

Driving Change in Car Rentals

Ammar Akhtar shares his journey in building Cardiff based Finalrentals from leveraging personal savings to tapping into a robust global network. Explore his insights on navigating challenges, securing funding, and achieving enduring success.

News and Trends

Hyundai Motor India Receives SEBI Nod for $3 Billion IPO, Set to be India's Largest

Hyundai has maintained a consistent market share between 15 per cent and 17 per cent since 2008, reinforcing its position as the second-largest automaker in India.

News and Trends

Innovation & Sustainable Practices To Drive India's Automobile Industry

India's automotive future is bright, with innovative clean energy technologies and bio-fuels, reducing dependency on imports and enhancing exports

News and Trends

Maruti Expects Fivefold Growth In India's Automobile Market

Maruti Suzuki India plans 50 per cent market share by 2030, from around 40 per cent for the fiscal year through March, according to Bloomberg

News and Trends

TVS Motor Company to Invest in Norton: British Classic Set for New Markets

Chennai-based motorcycle manufacturer TVS Motor Company is investing USD 260 Million (£200 million) in the iconic British motorcycle brand Norton Motorcycles.

News and Trends

Race for India's No. 2 Car Company Tightens as Tata and Mahindra Put Pressure on Hyundai

With a potential $3.5 billion Indian IPO on track for Hyundai, rival automobile companies, Tata Motors and Mahindra, eye the number two spot in the Indian market

News and Trends

Two-Wheeler Volumes Expected to Grow 5% Year-over-Year: Report

Automobile wholesale volumes are expected to be mixed in June, with two-wheeler volumes expected to grow 5 per cent year-over-year (YoY), while passenger vehicle volumes are expected to rise 3 per cent YoY. Commercial vehicles are expected to see flat sales growth, while tractor sales are expected to dip.