Auto Retail sector has grown YoY by 10%, but experienced an 8% MoM dip, showing a short-term slowing in sales. When analysed individually on a yearly basis, 2W, 3W, PV, Tractor and CV segments registered growths of 7%, 75%, 5%, 41% and 0.5% respectively. In comparison to pre-COVID figures, the overall auto retail saw a

Are you considering an EV car as your next vehicle? The insurance is more expensive for EV cars than an ICE vehicle. Automobiles are headed in an electric direction. While they may cost a bit more initially, EV can also save money over a longer period of time compared to vehicles that run on petrol

SAIC Motor Corporation Limited’s subsidiary MG Motor entered the Indian market in 2019 with its first SUV, the MG Hector. With a total of 5 cars in India – Hector, Hector Plus, Gloster, Astor, and ZS EV – MG Motor has made significant strides in establishing itself as a popular brand. Next month, the Comet

Are you tired of stepping into a cluttered and disorganized garage every day? If so, you’re not alone. Nearly 1 in 4 Americans say their garage is too untidy to fit their car. But it doesn’t have to be this way. Here, we’ll explore 7 simple ideas for a garage makeover that will help you

Even as the overall passenger vehicle segment crossed the 20 lakh unit sales mark for the first time in the first half of this year, Maruti Suzuki India (MSI) and Hyundai posted single-digit growth in domestic sales in June. The dispatches of Toyota Kirloskar Motor to dealers rose by double digits last month, while wholesales

Hyundai Motor Group, led by billionaire Euisun Chung, announced on Tuesday that it will plan to spend $18 billion on its domestic EV manufacturing business. Hyundai will plan to expand domestic EV production to 1.51 million units by 2030, and global EV production to 3.64 million units by 2030, including Hyundai Motor, sister company Kia

As the new fiscal year approaches, the auto industry is gearing up for another price hike due to stricter emissions standards. Typically, automakers increase vehicle prices starting on April 1. This time, high inflation and regulatory requirements are driving up prices. Several automakers have raised their vehicle prices to comply with new environmental regulations, including

On Wednesday, IFC announced that it will invest Rs 600 crore in a new last-mile mobility (LMM) company, a subsidiary of Mahindra & Mahindra that will be newly incorporated (NewCo). As IFC’s first investment in an EV manufacturer, and the first in electric three-wheelers globally, it will be in the form of compulsory convertible instruments

In its first annual earnings since parent Volkswagen took the sports-car maker public last year, Porsche unveiled plans to launch a new electric SUV. According to the German company – Porsche, the new luxury SUV will be a cornerstone of its plan to boost profitability by focusing more on high-end automotive buyers. Porsche has always

Automobili Lamborghini is reportedly planning to launch a hybrid car next year in India, and Mercedes Benz already has three electric cars scheduled for release over the course of this year. A report by ETAuto indicates that the Italian car-maker is planning on launching its first hybrid car to markets in India in response to