Nearly one in two luxury cars sold in India in the first three months of 2024 was a Mercedes Benz, which achieved its best ever quarter (January-March), selling 5,412 units, up 15 per cent year-on-year (Y-o-Y) from 4,697 units in the previous year.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
Volvo joins the band of affordable entry level luxury cars.
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
The company shall hike prices of its various models at least by 5 per cent or so in India from January next year, in the wake of rupee devaluation, inflation, and rising cost of imports, a company official said.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the Ministry of Road Transport and Highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
Volvo S60 is all set to re-define the driving dynamics for the discerning car buyers.
While company would hold on to prices for now, hike likely by end of 2013
When launched later this year, the Volvo will lock horns with the BMW 5-series, Mercedes-Benz E-Class, Jaguar XF and the Audi A6
If you are planning to buy an electric car in the near future, it would be highly advisable to wait for these upcoming electric SUVs.
The third Cross Country model for India, the V90 Cross Country is based on the S90 sedan and promises to offer the best of two different worlds - sedan (S90) and SUV (XC90).
It is powered by the T8 Petrol-Electric Hybrid system
The Volvo S60 Cross Country is a very capable car that can be handled across all weather and terrain conditions, says P Tharyan.
To establish itself as a top luxury player, Volvo plans to launch V40 in India by April.
Skoda Auto, Volvo Cars and Daimler India Commercial Vehicles are not participating in the Expo.
There's a car and bike to match every personality and every budget in 2018, say P Tharyan and Joshua David Luther
Audi, Mercedes and BMW will soon hot up the market.
The manufacturers are not only keen to introduce small cars in India but also luxurious sedans and stunning SUVs.
While the rich are buying expensive luxury vehicles in Patna, the poor continue to suffer. The pandemic, discovers M I Khan, has cast new light on the stark economic divide in the capital city of Bihar, India's poorest state.
India wasn't applying widespread crash testing like foreign countries do, so manufacturers didn't see the need for an investment focus on safety. Customers rarely walked into showrooms asking for the safest car. They wanted the cheapest or the most fuel-efficient or the best-looking car.
Once customs duties are slashed, your dream to own a luxury car may become a reality.
According to the Society of Indian Automobile Manufacturers, significant growth is being witnessed in the multi-axle trucks segment, which has posted 112 per cent growth in the year 2006-07.
Auto giants like Hyundai, Volkswagen and Nissan too will hike prices, even though no announcement has yet been made.
The move will primarily impact luxury car companies like Mercedes Benz, BMW, Audi and Volvo and bike brands like Triumph and Harley Davidson.
The ban does not speak about used luxury cars.
'More than one brand in a showroom is too risky because customer loyalty in this market is low. Most people don't drive different cars made by the same manufacturer for a lifetime, they experiment.'
'I see a virtually zero impact on the sales of new vehicles with this move,' said an expert
Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.
There are a whopping 10 sedans slated for a launch in India this year. Rajesh Karkera/Rediff.com gives the lowdown.
From a Rs 9-lakh Maruti to a Rs 2 crore-Nissan, Indian auto industry packs quite a surprise for car buyers
The electric vehicle market in India needs a policy push that goes beyond targets, says Vandana Gombar.
General Motors aims to grab at least 5 per cent market share in India within the next decade.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
The number of participating automakers has fallen from 50 in 2018 to 30 this year. The count of exhibitors, including technology companies, has come down from 119 to 112. And showstopper luxury and supercar brands, including Toyota, Jeep, Lamborghini, Porsche, and Volvo will be missing. Similarly, the commercial vehicle makers also gave the show a miss -- a prolonged economic slowdown has dented their fortunes and near chances of any recovery.
The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest
And it feels entirely different when compared to all its earlier avatars, observes Pavan Lall.
The story of the Eicher group, promoted by the Delhi-based Lal family, may some day make a case study, not least for its agility in coping with the changing reality of doing business in India.
After achieving the rare feat of being the World No. 1 in women's doubles for 80 consecutive weeks, Indian tennis star Sania Mirza has said it was very satisfying to be bracketed with the legends of the game.
Elon Musk's likely referring to waiver of 30% local sourcing norm for setting up single-brand retail
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