Automotive (auto) major Tata Motors posted a 51 per cent drop in consolidated net profit for the January-March quarter (Q4) of 2024-25 (FY25), to Rs 8,470 crore, due to a deferred tax asset of almost Rs 9,000 crore in the corresponding quarter of the previous financial year and an exceptional item of Rs 566 crore during the quarter. Revenue was up just 0.5 per cent year-on-year (Y-o-Y) at Rs 1.18 trillion for Q4FY25.
The 150 cars that were distributed include 13 S class, 74 E class, 39 C class, 6 GL class and 18 M class cars.
A part of Volkswagen Group, Audi currently imports its 'A4', 'A6' luxury sedans and SUV 'Q7' in India through the completely-built-unit route.
On Sunday morning, the sun shone brightly on vintage cars parked in symmetry on the grounds of ITC Maurya in New Delhi. The owners were making sure the old beauties turned up spick and span for a rally organised by ITC Hotels in partnership with the Heritage Motoring Club of India. The rally would end at ITC Grand Bharat in Gurugram, Haryana, later in the day.
'Grateful to the Almighty for his blessings and for making me capable of buying this dream car.'
Once an undisputed leader of luxury brands, BMW has moved to the third position in India, and is now seriously looking forward to dethrone its prime rivals.
The new models of mid-range cars are expected to be launched over a period of next two-three years.
It's not just the type of car that can tell a lot about you but also the colour.
BMW is all set to challenge Merc's No.1 position in India's premium car segment.
The market likely to cross $10-bn mark in 2014.
Luxury car maker BMW is conducting trials of prototypes of a car, which will be run on hydrogen as well as petrol.
Youngest customer for Rolls- Royce is a 26-year-old-Indian.
Faced with rising gas prices, consumers will opt for fuel-efficient low-cost cars and hybrids over the next five years rather than sport utility vehicles and luxury cars
After rise in duties, third-party motor insurance rates set to increase premiums 5 - 10 per cent.
Mahindra is coming up with the Thar Roxx. MG Motor India announced a third electric vehicle Windsor. Hyundai and Kia are expected to introduce updated versions of the Alcazar and Carnival respectively.
German luxury carmaker Mercedes-Benz on Friday said it will hike prices of its vehicles in India by up to 3 per cent on its entire model range in the portfolio from January 1, 2025, citing a rise in input costs, inflationary pressures and higher operational expenses. Prices of Mercedes-Benz cars in India will be revised by Rs 2 lakh for the GLC to Rs 9 lakh for the top-end Mercedes-Maybach S 680 luxury limousine, Mercedes-Benz India said in a statement.
Luxury car maker Rolls-Royce unveiled the car that defines the future of luxury mobility.
The government on Tuesday put on hold the district training programme of controversial Indian Administrative Service officer Puja Khedkar, who is under the scanner for allegedly forging disability certificates to clear the Civil Services examination.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
Lamborghini car caught fire due to overheating of the engine.
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
Luxury car major Volvo would launch its new car in Indian market by the end of March 2013, a top company official has said.
At the age of 27, Chandrashekhar has cases of cheating and illegal money laundering against him in the Enforcement Directorate, the Central Bureau of Investigation, the Chennai Police and the Bengaluru Police, a senior Delhi police officer said.
The pop icon was reportedly arrested after his car crashed into a shop on the night of London's Gay Pride Parade.
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The company introduced many firsts in 2014, including introduction of segment first products such as Audi A3 Sedan and Audi A3 Cabriolet.
Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.
Agarwal, a real estate developer, was arrested under sections 75 and 77 of the Juvenile Justice Act, while the others were booked for allegedly serving alcohol to an underage person.
Actor-turned-politician Hema Malini was spotted travelling by the Mumbai Metro.
The Porsche 911 RS is fast becoming a collector's item among India's high net worth individuals.
They are known to have introduced northern India to luxury cars. But now the British Motor Car Company (BMC) is playing an active role in the country's fitness movement.
Announcing launches of not less than four of its dashing rides that are to take place over the next 6 months, Mercedes has definitely created tidal waves in the already raging waters of its arch rivals.
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
Bhavish Aggarwal, the founder of ride-hailing firm Ola who disrupted the electric scooters market in the country, is planning to launch an electric sports car in 2024. The plan will put it in competition with Indian players, such as the Tata group and Mahindra & Mahindra, and global giants like Tesla and Hyundai. Aggarwal, recently, took a group of reporters to the firm's design studio at the Ola campus in Bengaluru where his teams are working on several EVs, including scooters, motorcycles, sedans, and SUVs - and even robotaxis.
The 11th edition of the Mercedes-Benz Classic Car Rally in Mumbai on Sunday featured headturners that left the audience gasping in awe. Rajesh Alva/Rediff.com presents a ringside view.
Saina Nehwal received a brand new BMW car for winning a bronze medal at the London Olympics from none other than batting legend Sachin Tendulkar, who said that the world is yet to see the best of the star shuttler.
Carmakers like Porsche, Rolls Royce, Bentley, etc have a number of products to offer in this segment.
The seized properties include a hospital building at Bhavani Nagar in Nauchandi and two luxury cars that Qureshi had allegedly purchased in the name of his family members and employees, they said.
Cars with left-hand-drive option would be introduced globally later this year in Europe.
Probationary Indian Administrative Service (IAS) officer Dr Puja Khedkar had obtained a partial 'locomotor disability' certificate from a hospital at Pimpri in Pune district in August 2022, a senior official said on Tuesday.
Brio, cheaper City and Jazz and diesels could pave the way for growth in India.
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