Automobile: Page 2

News and Trends

India Buying Less of Entry Level Maruti Suzuki Cars

In September, production of Mini and Compact cars stood at 101,554 as against 128,604 in September 2022. Similarly, in August 2023, a total of 98,056 units in Mini and Compact Sub-segment categories were produced compared with 105,973 units in August 2022

News and Trends

Landmark Cars: Betting Big On Festive Season

The company is eyeing a 30 to 40 per cent increase in sales during the upcoming festive season, says, Sanjay Thakker, promoter and executive Chairman, Landmark Cars Limited

Leadership

Lessons On Leadership: Dr. Hamid Haqparwar, Managing Director, BMW Group Middle East

"The biggest lesson I've learnt is, easily, the importance of staying calm as a leader."

News and Trends

Tata Motors Group Global Wholesales At 3,22,159 In Q1 FY24

In the first quarter ending June 30, 2023, Tata Motors reported a 5 per cent increase in its group global wholesales, including Jaguar Land Rover, at 3,22,159 units.

News and Trends

Luxury Cars: How Used-car Market & Dealership Stores Are Fostering Growth In Tier II, Tier III Cities

Companies such as BMW, Mercedes-Benz, Audi, Lexus see potential in emerging markets of Tier II and Tier III cities which are growing rapidly

News and Trends

Automation Platform SheerDrive Raises Undisclosed Amount In Pre-Series A Funding

The fund raised will help the company to expand into new geographies and enhance the tech stack for new car dealerships, unlocking significant value in used car transactions

News and Trends

India has the Potential To Become a Factory For the World: McLaren

In India McLaren has witnessed double-digit sales in FY23 with a market share of 25 per cent

News and Trends

Rolls Royce To Cut Thousands Of Jobs: Report

As per reports, the luxury car manufacturer has hired consultants led by McKinsey & Co. to advise on the same

Business News

The New BMW Allows You to Change Lanes Only Using Your Eyes

All drivers have to do is look at their side view mirror, and the vehicle automatically maneuvers — traffic conditions permitting.

News and Trends

Passenger Vehicles Sales Up By 13% In April: SIAM

Compared to last year, the two-wheelers and three-wheelers too saw an uptick in sales

News and Trends

What Numbers Say: This Is How Auto Companies Fared In April

Amongst the overall vehicle sales, the passenger vehicle segment (PV), which achieved record sales in FY23, slowed down in April. While a few companies reported a decline in sales numbers others reported an overall growth, as per their April 2023 wholesales statistics

News and Trends

UP Government Sets Target To Become First State To Have 100% EVs In Government Departments

To promote EVs in UP, the Yogi government has decided to give up to 100% exemption on road tax and registration fee for three years

News and Trends

Volkswagen To Launch Its First EV In India By 2024

By 2030, Volkswagen reportedly expects 25-30% of its total sales in India to come from EVs and the rest from internal combustion engine vehicles

News and Trends

Lamborghini To Focus Customers In Smaller Centres For Business Growth In India

Lamborghini India Head Sharad Agarwal Agarwal stated that the company now has customers in places like Amritsar, Shillong, Lucknow, Udupi, and Ajmer as the demand is fairly spread out

News and Trends

Government To Soon Issue SOPs For INR 26,000 Crore Auto PLI: Report

The market estimates reported that as of 2022, India is the third largest automobile market in the world, surpassing Japan and Germany in terms of sales