Latest Updates Around The World
Ahead of Budget 2026, Santosh Iyer, Managing Director and CEO of Mercedes-Benz India, has called for rationalization of customs duties on imported luxury cars. He said this could boost demand in the premium segment and ultimately increase government tax revenues.Speaking to PTI, Iyer highlighted the challenges faced by luxury car makers due to rising input […]
New Delhi: Indian carmakers ended a turbulent global year on a high, exporting a record number of vehicles, buoyed by rising demand in Africa, South America and West Asia, strengthening the country’s position as an emerging manufacturing hub.Industry estimates show that India exported 858,000 cars, sedans and commercial vehicles in 2025, up 15% from 2024, […]
Domestic sales of passenger cars remained virtually unchanged compared to a year earlier.Two-wheeler sales shrank, breaking a four-year growth streak. Passenger car sales fell to an 18-month low. That was the confrontation with the macro mood The Indian automotive industry in 2025, during the first half of the year.After several years of steady expansion, the […]
