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Tesla stock surges 5% after Q1 earnings beat, but weak sales and rising competition raise concernsTesla stock went up after strong earnings in Q1 2026. The company made better profit than expected, which helped boost investor confidence....- How GST cuts will change what you pay from Sept 22With GST rates slashed on numerous goods and services, companies are gearing up to revise prices and extend the benefits to consumers by Se...
- More rooms for affordable homesAffordable housing's declining market share necessitates policy support due to post-Covid premiumisation trends and developer concerns abou...
- Tesla halts trade-ins for its own cars as Cybertrucks reportedly pile up in lots with thousands left unsold across U.S.Tesla Cybertruck trade-in halt is making headlines as thousands of unsold units pile up in lots across the U.S. Once promoted as a revoluti...
- India's festive period retail auto sales grow 12%, dealers' body saysIndia's festive season saw a 12% surge in auto sales compared to last year, driven by strong rural demand for two-wheelers. Despite heavy r...
- SUV sales a bright spot in Indian carmakers' October dispatches to dealersTop Indian carmakers saw a significant rise in SUV sales in October, driven by festive demand, but small-car sales remained weak. Maruti Su...
- Tata Motors cuts prices of electric vehicle models including Nexon, Punch by up to Rs 3 lakhTata Motors has reduced prices on its electric vehicles as part of the 'Festival of cars' campaign, running until October 31. Discounts inc...
- The Tata-Marutis of India drive clearance sale offer. But what's the need for it?As the festival season arrives, major automakers are offering significant discounts on cars to address a growing inventory surplus. Tata Mo...
- Tata Motors slashes entry prices of several models including Nexon, Harrier by up to Rs 2.05 lakhTata Motors has launched its 'Festival of Cars' with price reductions up to Rs 2.05 lakh on popular models like Tiago, Altroz, Nexon, Harri...
- Double-whammy for India's car dealers: Rising inventory and increasing demand for discountsIndia's auto dealers are concerned about high inventory levels and the need for deeper discounts to boost demand during the festive season....
- Elon Musk's new problem: Unsold Tesla cars overcrowds parking, satellite imagery showsElon Musk's Tesla is currently in a bottleneck situation with its unsold cars situation. According to the recent satellite images revealed,...
- Realtors put a lock on festive offers amid high demandAs per industry reports, residential sales in India are projected to achieve a record high in 2023, as developers anticipate selling more t...
- Auto off the pace: Number of unsold cars soars, new bookings declineThe rate of cancellation which used to be an average 10% of the total bookings till a few months back, has increased to 15-20%. There are a...
- On last day of BS-IV, dealers rush to register vehicles in their own namesIndian auto dealers registered unsold BS-IV stock in their own names as the financial year drew to a close, seeking to minimize inventory l...
- Lockdown leaves India's car dealers with the battle of their livesFollowing the 21-day lockdown, car dealers now have no way to sell or register cars till April 15.
- Auto companies slam brakes on productionCar and two-wheeler cos to shut plants for several days this quarter to reduce unsold inventory.
- Nirav Modi’s luxury cars re-auctioned, 5 fetch Rs 2.9 croreMSTC had earlier auctioned 13 cars belonging to Modi and his uncle Mehul Choksi on April 25 through its website..
- Ashok Leyland, Hero to be worst hit by BS-III banBofa-Merrill Lynch rates them as 'underperformers'; Tata Motors to also feel the heat, Maruti & Bajaj to be least impacted.
- Realtors like Sunil Mantri Realty, Ackruti City, SG Estates, Gaursons and others offer freebies to offload inventories, for pushing up salesDevelopers are trying to use the general upbeat mood during the festivities to push sales by offering freebies and discounts of up to 20%.
- Mitsubishi Motors hiring 1,300 workers in ThailandJapan's Mitsubishi Motors Corp said Wednesday that it was hiring 1,300 workers in Thailand as the battered car market slowly recovers from ...
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