Latest Updates Around The World
Sales of cars and two-wheelers – counted as factory shipments – rose at a rapid pace for most manufacturers in February from a year earlier. It was the fifth consecutive month of sales growth after the government reduced the Goods and Services Tax (GST), making cars more affordable across segments.Growth in February was led by […]
Passenger car sales got off to a strong start in the new year, with carmakers across the board reporting healthy demand growth in January.Sales at domestic automakers Tata Motors and Mahindra & Mahindra (M&M) rose 46% and 25% respectively compared to the same period last year.Nalinikanth Gollagunta, CEO, Automotive Division, M&M, said, “Building on the […]
New Delhi: Maruti Suzuki, Tata Motors and Mahindra & Mahindra (M&M) are among India’s top automakers as they prepare to launch more than 30 vehicles by 2026, the highest in the last five years. The wave of launches is expected to provide further impetus in the market as there is a demand spurt following last […]
New Delhi: The government should soon come out with the final notification for the next phase of India’s Corporate Average Fuel Efficiency norms so that the industry can prepare accordingly, a senior executive at Toyota Kirloskar Motor said.The government last year released draft rules for the latest Corporate Average Fuel Efficiency (CAFE) standards, which will […]
A deep division has emerged within the Indian auto industry over a proposed category of lightweight mini cars, just months before the government finalizes the CAFE 3 framework for fuel efficiency and emissions, The Times of India reported on December 10.The dispute has reached Road Transport and Highways Minister Nitin Gadkari’s office, where a broad […]
Mumbai: Automakers in India are reshaping their product development plans and increasingly targeting the growing segment of SUV buyers amid escalating competition. With more than three dozen new SUV models and refreshes set to hit the market over the next five years, companies are focused on creating sharper differentiation through narrower pricing and positioning margins […]
Toyota Kirloskar Motor (TKM) has announced a voluntary recall of 11,529 units of its Urban Cruiser Hyryder to check and replace a dashboard part. The company said the vehicles were manufactured between December 9, 2024 and April 29, 2025 and the combination meter may need to be replaced if found to be defective.In a statement […]
