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NEW YEAR CAR SALES
Tata Motors to invest up to Rs 40,000 crore by FY31Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce ne...
Skoda Auto and its Mumbai dealer ordered to pay Rs 3.25 lakh compensation after 58 days repair delay on five-month-old carA Mumbai lawyer's brand-new Skoda Superb refused to start just five months after purchase. The car spent 58 days at the service centre whil...
What are the Fed's bank 'stress tests' and what's new this year?The US Federal Reserve is releasing its annual bank stress test results today, assessing how major lenders would fare in a severe economic ...
Auto ancillary stocks: Time for a re-rating as transformation nears the finish line? 6 stocks with upside potential of up to 34%When auto companies do well, it is an indication that the underlying health of the economy is not bad. The reason why we are using the word...
Porsche CEO aims to finalise new cost-cutting package by JulyPorsche's CEO anticipates a swift resolution to cost-cutting talks, aiming for employee agreement before July holidays to provide clarity. ...
Nissan car owner awarded Rs 11 lakh compensation after waiting 8 years for repairA Patna man's Nissan Evalia, bought in 2014, has finally seen resolution after an eight-year ordeal at a workshop. The car, taken for a sta...
India's passenger vehicle sales expected to grow 4-6% in FY27: ReportPassenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the...
As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forumA car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Elec...
BMW to launch 27 products in India this year, eyes No. 1 spotBMW Group India is launching 27 new models this year, aiming to solidify its position as the top luxury carmaker. The company is focusing o...
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
NSE IPO Effect: New India Assurance shares rally 14% on plans to offload over 1 crore shares in blockbuster offerNew India Assurance shares surged over 14% following the National Stock Exchange's (NSE) filing of its Draft Red Herring Prospectus (DRHP) ...
US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
CarTrade Tech shares surge 12% in two days after launching new used-car platformCarTrade Tech shares rallied after the company launched CarTrade Used Auto, a new platform targeting India’s fragmented used-car market. In...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Carnival Time! Auto cos on a roll as demand stays strongIndian auto sales experienced robust double-digit growth in May, with passenger vehicles up 27% and two-wheelers by 31%. This surge, driven...
Mercedes-Benz India confident of sustaining growth on strong demand this yearThe premium car maker also said that a price increase was on the cards to deal with the impact of sustained pressure on Indian Rupee, among...
India passenger vehicle sales rise 27.3% in May to 438,854 units: SIAMIn an exhilarating turn of events, the Indian automobile market experienced an extraordinary spike in sales last month, setting new records...
Passenger vehicle dispatches rise 27.3% at 4,38,854 units in May: SIAMVehicle sales in India saw a significant jump in May. Passenger vehicle dispatches increased by 27.3 percent. Two-wheeler sales also grew b...
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...