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2 mins read

Extreme heat melts diesel demand, sales drop 4% in June

India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …

PTI   


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2 mins read

Tesla Q1 sales miss Wall Street expectations and clock the first year-over-year quarterly decline since 2020

Elon Musk's Tesla delivered fewer cars to customers in the first quarter than Wall Street expected …

Graham Rapier,Nora Naughton   


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7 mins read

April Auto Sales: Maruti Suzuki flags decline in bookings in April, electric two-wheelers lose momentum due to FAME-II irregularities

India’s largest car maker Maruti Suzuki sounded a note of caution for the automobile sector stating…

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3 mins read

Gen Z isn't impressed by Tesla cars. That should worry Elon Musk.

A recent survey of Morgan Stanley's 2024 interns found that Gen Z interest in Tesla has fallen ever…

Jaures Yip   


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3 mins read

Tesla's cars are starting to look pretty basic — and that's a problem

Drivers hoping for a redesigned Tesla sedan or crossover are stuck waiting for now, and that's not …

Grace Kay   


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3 mins read

Maruti reports highest ever sales in August, Tata Motors and Bajaj Auto decline

Maruti Suzuki India on Friday reported its highest-ever monthly wholesales at 1,89,082 units i…

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2 mins read

Tesla investor Ross Gerber says he's been dumping the stock because no one wants the company's cars or robots

"We've seen sales go down, and that's what's happening. If you're expecting a great quarter, you're…

Jennifer Sor   


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3 mins read

Indian smartwatch shipments remain flat in Q1 2024, annual shipments expected to end in a decline

The Indian smartwatch shipments remained flat in Q1 2024, recording a 0.3% year-on-year increase, r…

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24 mins read

The long, strange decline of one of America's most influential brands

Chicken Soup for the Soul was almost as big as the Bible. Then it lost its way.

Amanda Chicago Lewis   


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3 mins read

EV sales expected to grow by over 65% in 2024, double its overall market share

Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…

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6 mins read

Tesla needs to figure out how to sell cars. Its salespeople say it's stuck in the past.

Once, Tesla raced to produce enough cars to meet demand. Now the company is scrambling to find cust…

Grace Kay   


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1 min read

Mahindra sales rise 19% to 70,350 units in August

The Mumbai-based auto major's passenger vehicle sales in the domestic market rose by 25 per cen…

PTI   


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3 mins read

Maruti, Hyundai post single-digit rise in June PV sales; industry crosses record 20 lakh units in H1 2023

Maruti Suzuki India (MSI) and Hyundai both experienced single-digit growth in domestic sales in Jun…

PTI   


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3 mins read

Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies

The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…

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5 mins read

Smooth ride for M&M in June but Bajaj and Hero Motocorp stutter

Toyota experienced a 19% surge in sales in June, while Kia India saw a 19% decline in sales volumes…

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2 mins read

Tesla's sales slumped for the 2nd quarter in a row, but things weren't as bad as investors feared

Tesla's sales fell year over year for the second straight quarter, but the decline wasn't as bad as…

Nora Naughton   


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4 mins read

May auto sales rise 10% but still below pre-Covid level with challenges in store

Electric vehicles (EVs) accounted for 8% of total vehicle retail in May, according to data from the…

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4 mins read

SUVs drive Mahindra & Mahindra’s 14% auto sales growth in May to 61,415 vehicles

Passenger vehicle sales hit 32,886 units in May compared with 26,904 units a year earlier. The comp…

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2 mins read

Car prices are finally falling. Here's why people still aren't buying.

Consumers are staying out of the market amid high insurance, loan, and maintenance costs, Bank of A…

Filip De Mott   


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4 mins read

India auto sales seen rising 7-9% in FY24: Passenger & commercial vehicles to drive demand

The Indian auto industry is expected to register a sales volume growth between 7-9% in FY24, buildi…