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Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season

The luxury car market in India currently remains very small accounting for less than 2% of the over…

PTI   


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Mercedes expands BEV range; rolls out second locally produced model in India

EQS SUV 580 4MATIC is the second model, after the EQS sedan, to be locally produced at company'…

PTI   


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Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment

Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…

PTI   


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Expect India to be third largest market among 118 countries: Mercedes-Benz

India is the fifth largest market in the region after Japan, South Korea, Australia and Turkey.…

PTI   


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Passenger vehicle wholesales dip 2% in August as OEMs cut dispatches

Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in …

PTI   


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State-run liquor outlets in Kerala have more than 50 percent female sales staff

Women now make up over 50% of the workforce at Kerala State Beverages Corporation, marking a signif…

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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Europe shouldn't be afraid of Chinese electric cars, says Mercedes-Benz CEO

Ola Källenius rallied against protectionism in an interview with the Financial Times, arguing that …

George Glover   


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Foreign brands bet big on Bharat’s bulging wallets

Companies like BMW, Mercedes-Benz, Lamborghini, and others are eyeing smaller towns and cities like…

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Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


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India's EV landscape set to be transformed with key govt initiatives: Industry experts

The rise in Electric Vehicle (EV) battery manufacturing, alongside the 'Make in India' initiative, …

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Mercedes-Benz India posts record sales at 4,697 units in March quarter

German luxury car maker Mercedes-Benz on Tuesday reported record sales in India at 4,697 units duri…

PTI   


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Gold continues to shine bright on Dhanteras, but should you participate in the glitter?

Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…

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Mercedes-Benz says 25% of its sales in India will be electric by 2027, plans to launch three new electric cars this year

Mercedes-Benz is pushing its EV portfolio by launching three new electric cars in India. The compan…

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Rising input and supply chain costs push luxury carmaker Audi to hike prices by 2.4%

Luxury car Audi is about to get a tad more expensive, as the automaker increases its prices for the…

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Mercedes-Benz will launch 10 new vehicles in India in 2023: Santosh Iyer

German luxury carmaker Mercedes-Benz will launch ten new vehicles in India in 2023 with the majorit…

PTI   


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Voltas net profit declines 22% YoY to ₹110.64 crore in Q4 FY24

Air conditioning and engineering services provider Voltas Ltd on Tuesday reported a 22.75 per cent …

PTI   


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RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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Tier II and Tier III cities to see maximum retail expansion in coming years: JLL

The report also added that the Tier II and Tier III cities in the country are experiencing a surge …

ANI   


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Amul thinking to enter European market after US success, MD Jayen Mehta calls it the lifeline for rural India

Amul, the Indian dairy cooperative, is set to enter the European market following its success in th…