Shares of India’s top carmakers dropped as much as 5 per cent on Tuesday after India and the European Union announced sharp tariff cuts on European car imports as part of a trade deal, potentially
This move is anticipated to boost European luxury EV sales in India and position the country as a competitive manufacturing hub for these vehicles. The proposed free trade agreement (FTA) between India and the European
Mercedes-Benz India CEO Santosh Iyer Upcoming free trade agreements (FTAs) will stimulate consumer demand through lower prices and help Mercedes-Benz India sell more cars, the luxury-vehicle maker’s India chief executive Santosh Iyer said. “FTAs will
The Sonet has recorded annual sales of more than 1 lakh units for two consecutive years, indicating steady demand. Kia India has crossed cumulative sales of 5 lakh units for its subcompact SUV, the Sonet,
According to Jahn, geopolitical tensions are on the rise globally, with conflicts breaking out at a frenetic pace, combined with the absence of a clear technology roadmap and fluctuating energy prices. Martin Jahn, Board Member,
Sculptural interpretation of the MG Cyberster, presented at the new store Designer Gaurav Gupta has opened his first dedicated menswear flagship store at DLF Emporio, alongside a collaboration with MG Select that marks his entry
The automaker has outlined plans to raise its overall production capacity to four million units per annum to cater to rising domestic demand and growing exports. Maruti Suzuki India will set up a new manufacturing
Representative image Audi fell just short of its 2025 sales target despite a strong final quarter, the Volkswagen-owned premium carmaker said on Wednesday, citing U.S. tariffs and a highly competitive market. The German company is
XUV 7XO Mahindra & Mahindra on Wednesday announced the opening of bookings for its SUVs, the XEV 9S and the XUV 7XO, and said it had received 93,689 consolidated bookings for the two models. The
Toyota Kirloskar Motor exported 30,358 units to over 20 countries and supplied ‘e-Drive’ components to Japan. India’s automobile exports rose 13 per cent year-on-year in April–December 2025, highlighting the country’s growing importance as a global