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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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'Pay your staff properly, solve the 80,000 complaints first': Internet reacts on Ola CEO Bhavish Aggarwal and Kunal Kamra feud

Comedian Kunal Kamra’s criticism of Ola Electric’s service led to a heated Twitter exchange with CE…

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Ola Electric continues to lose market share as Bajaj Auto and TVS Motor gain

The Indian electric two-wheeler market has reported subdued sales in September 2024, with 88,156 el…

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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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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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Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA

"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…

PTI   


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Japan’s Musashi Seimitsu and Log9 Materials partner to offer EV powertrain and battery solutions

Japanese firm Musashi Seimitsu Industry, the parent company of Musashi India has announced a strate…

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Electric two-wheeler sales declined in August 2024, but year-on-year growth continues

After months of subdued sales, the Indian electric two-wheeler market bounced back in July 2024, cr…

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Amazon Prime Day 2024 to begin on July 20 in India – everything you need to know about Amazon’s biggest sale

Amazon’s most awaited Prime Day sale 2024 is just around the corner. The e-commerce giant is all se…

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Power, energy sector in India sees 9% growth in hiring in H1FY25, notes report

TeamLease Services 'Employment Outlook Report, showcases changes in employment for the period betwe…

PTI   


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Passenger vehicles record 11.3% growth in February 2024, two-wheelers record 35% growth

The Indian auto companies continued to perform well in February 2024, starting the year on a positi…

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Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars

India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…

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Maruti Suzuki, Tata Motors, Hyundai and other automakers report a decline in sales in July 2024

The month of July 2024 could have been better for automakers, with most companies reporting a decli…

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Tata Motors shares slump 4% on poor sales data

On the BSE, scrip of Tata Motors dropped 3.69 per cent to trade at Rs 1,102.40 per piece. …

PTI   


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MG Motor retail sales up 2% to 4,154 units in November

MG Motor India on Friday said its retail sales increased by 2 per cent to 4,154 units in November 2…

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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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EV-iction notice: Why are electric vehicle owners switching back to petrol and diesel (ICE) cars?

Despite the largely successful worldwide push for EV adoption, many drivers are thinking about retu…

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Retail auto sales grow by 13% in February, but elevated inventory levels a concern

The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…

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6 mins read

Ahead of its mega IPO, why is Hyundai Motor India's GMP tanking?

​​Generally, a higher GMP is seen as a positive sign, indicating that there is increased demand and…