Annual used-car sales are projected to reach 9–10 million units by FY31. India’s used-car market is projected to reach about $70 billion by FY31, from about $35 billion in FY26, according to the latest report
Francisco Hidalgo, VP Sales & Marketing Renault India delivered 5 dusters in Ranchi on Tuesday. Renault India, a wholly-owned subsidiary of the French automobile major Renault Group, on Tuesday inaugurated its first new’R store in
Despite the moderation, demand is expected to remain supported by GST cuts, new model launches, and continued strength in the utility vehicle segment. Growth in India’s passenger vehicle (PV) industry is expected to moderate to
Stellantis has long planned for most of its models to use a limited number of shared, so-called multi-energy platforms, supporting both fully electric and hybrid or petrol powertrains. Stellantis will focus the majority of its
Mercedes Benz India CLA BEV Mercedes-Benz India is targeting younger customers with its newest portfolio addition that will start getting delivered later this month. The luxury carmaker on Friday launched its latest all-electric sedan –
Volvo EX60 electric SUV Volvo Cars expects to build up to 40,000 of its new flagship electric model this year, with demand exceeding initial expectations, its CEO told Reuters as the automaker started production of
More than 40 years after Volkswagen stole the show at its first Chinese auto fair, it has lost its cutting-edge status in the country, with homegrown brands setting the pace for a younger generation of
The move would mark a further retreat by Honda in one of its key markets, as traditional automakers lose ground to fast-moving Chinese electric-vehicle makers and are forced to shrink legacy petrol operations. Honda Motor
Polestar did not provide any financial forecasts apart from the previously disclosed retail sales volume growth, which is expected to increase at low-double-digit rates. Sweden’s Polestar on Friday reported a sharp jump in fourth-quarter revenue
Volvo Car India added that it may consider further price hikes if the current geopolitical and economic situation continues to impact the global supply ecosystem. New Delhi: Swedish luxury carmaker Volvo Car India on Thursday