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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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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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Global automakers scale back electric vehicles, turn towards hybrids

Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…

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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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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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Not even Tesla can dodge the EV sales slowdown

Elon Musk warned that Tesla was "between two major growth waves," with its cheaper mass-market car …

Hasan Chowdhury   


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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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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 India YoY sales growth up 34% in Q1 CY21

Luxury car maker Mercedes-Benz on Wednesday reported a year-on-year sales growth of 34 per cent in …

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Samvardhana Motherson set to bloom from its Japanese play

Samvardhana Motherson, an auto component company, has surged to a 52-week high following the announ…

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Mercedes remains India's top luxury car maker for the fifth year in a row

In the December quarter, the Pune-based company clocked sales growth of 3.3 per cent, selling 3…

PTI   


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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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Women only make up 13% of sales leadership roles in India: LinkedIn

In India, women only make up 19% of the sales workforce, says LinkedIn. Tier 1 cities such as Hyde…

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These 15 car models saw the greatest growth in used sales since customers started buying again

The list, which is ranked by year-over-year growth, is topped by the used Honda HR-V, which saw a 5…

Brittany Chang   


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5 mins read

Auto industry looks to sustain growth momentum in 2023

The Indian automobile industry is setting out on a journey with hopes for a sustained growth moment…

PTI   


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4 mins read

With an eye on listing in the future, Jio Haptik trains guns on growth & profitability

The company’s CRM solution called Interakt is targeting small businesses on WhatsApp Business at 10…

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Mercedes Benz registers record growth in India

For the first half of 2017, Mercedes Benz recorded a growth of 8.7% in its sales, by selling 71…

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GST might boost luxury car sales

It was in 2016 that the sales of cars and SUVs priced between Rs 25 lakh and Rs 2 crore had fall…

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8 mins read

Three unicorns, hundreds of crore in loss and very little market share — What's the hype around online car retailers?

In this same time span, CarTrade has hit the public market and Droom has formally announced its …

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Delhi diesel ban has driven majority of luxury car sales to Southern India

Teh ongoing diesel ban in Delhi NCR has driven the sales of luxury vehicle sales to five southern s…