india auto sales: Milestone unlocked: Annual passenger vehicle sales in India surpass 4 million mark in CY23

Sales of cars, sedans and utility vehicles ended on a strong note last month helping annual volumes breach the four million mark for the first time in 2023. As per industry estimates about 4.1 million passenger vehicles were sold in the local market in the last calendar year, which is an increase of around 8.2% … Read more

Hyundai Motor India ropes in Deepika Padukone as brand ambassador

Chennai: Hyundai Motor India has roped in popular Bollywood actress Deepika Padukone as its brand ambassador, the Korean automaker said on Friday. Her association adds a touch of star power, emphasising Hyundai’s commitment to style, performance and an unparalleled driving experience, the company said in a statement. “We are thrilled to onboard the incredibly talented, … Read more

With slew of new launches, Auto Inc set for a happy new year

Mumbai: More than two dozen new car models will be unveiled or go on sale in 2024 as automakers ride on the momentum of the past two years and launch new battery-run vehicles as part of the transition to electric. This will be the highest number of new model introductions in the non-luxury segment in … Read more

SUV launches jam sales highway as sedans and hatchbacks take a backseat

Indian carmakers have rolled out more sports utility vehicles than all other types of passenger vehicles combined in the last two years and the trend is likely to continue with many new SUVs proving instant hits. The number of SUV launches hit a new high this calendar year at 108, reaching the three-figure mark for … Read more

car price hike: BMW India to hike car prices up to 2 pc from Jan 1

New Delhi: German luxury carmaker BMW on Monday said it will increase the prices of its vehicles by up to 2 per cent across the model range from January 1 to partially offset the adverse impacts of fluctuations in foreign exchange rates and rising input costs. BMW India’s decision to implement a price increase across … Read more

volkswagen passenger cars india: Volkswagen Passenger Cars India to hike prices from January

Volkswagen Passenger Cars India on Tuesday said it plans to hike prices by up to 2 per cent across model range to offset adverse impact of rising input and material costs from January 1, 2024. Already other manufacturers such as Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, Honda, Audi and BMW, have … Read more

Skoda price rise: Skoda Auto India to increase prices from Jan 1

Skoda Auto India on Tuesday said it will hike the prices of its vehicles by around 2 per cent across its range from January 1 next year. The price increase is owing to rising supply, input and operational costs, the company said in a statement. The hike will be effective on the entire range of … Read more

Mercedes-Benz India to hike prices from Jan 1

New Delhi: German luxury carmaker Mercedes-Benz on Wednesday said it will hike prices of select models in India by up to 2 per cent from January 1 next year to partially offset rising input, commodity and logistics costs. The price hike will range from Rs 60,000 for the C-Class to Rs 2.6 lakh for a … Read more