The European Union is pressing India to completely remove import tariffs on cars as part of broader trade discussions, with negotiations gaining momentum after similar demands from the United States, as per a Reuters report. According to multiple sources familiar with the talks, India is considering a proposal to gradually lower these tariffs to 10%,… Continue reading EU Seeks Elimination of Car Import Tariffs in Trade Talks With India: Reuters
Author: Autocar_Professional India Online News
Tata Punch outpunches rivals to be SUV No. 1 in FY2025
A month before FY2025 closed, the Tata Punch and the Hyundai Creta were separated by 2,041 units in their race to be India’s No. 1 SUV in FY2025. Now with March 2025 numbers factored in, the Tata Punch with estimated wholesales of 196,567 units has beaten the Hyundai Creta (194,871 units) by 1,696 units. This… Continue reading Tata Punch outpunches rivals to be SUV No. 1 in FY2025
CASE India Opens New Dealership in Nashik to Strengthen Maharashtra Presence
CASE Construction Equipment, a brand of CNH, has announced the opening of a new dealership, Gulati Cranes, in Nashik as part of its network expansion in Maharashtra. Located on Nashik Airport Road in Adgaon, the facility is expected to serve customers across Nashik, Dhule, Nandurbar, and Jalgaon districts by offering access to construction equipment, after-sales… Continue reading CASE India Opens New Dealership in Nashik to Strengthen Maharashtra Presence
JLR Achieves Net Cash Positive Position Following Consistent Global Demand
Jaguar Land Rover (JLR) announced today that it has achieved its net cash positive target, a key milestone in its Reimagine strategy, following strong sales performance for the fiscal year ending March 31, 2025. The company reported wholesale volumes of 400,898 units for FY25, remaining flat year-on-year, while retail sales reached 428,854 units, representing a… Continue reading JLR Achieves Net Cash Positive Position Following Consistent Global Demand
Hyundai Motor India Launches New EXTER Hy-CNG Duo EX Variant Priced at INR 7.50 Lakh
Hyundai Motor India Limited (HMIL) today expanded its green mobility solutions by introducing a new EX variant to its EXTER Hy-CNG Duo lineup, priced at INR 7,50,700 (ex-showroom). The EXTER Hy-CNG Duo EX variant features a dual-cylinder setup that enhances boot space while delivering optimal performance for both city commutes and highway journeys. This configuration… Continue reading Hyundai Motor India Launches New EXTER Hy-CNG Duo EX Variant Priced at INR 7.50 Lakh
Is the ‘Golden Era’ of Premium-led Auto Sales Growth Coming to an End?
India’s auto industry is undergoing a subtle but significant transformation. Urban auto sales, which have fueled growth since the lifting of COVID-19 lockdowns, are beginning to slow, while rural markets are showing initial signs of stabilization. This shift could reshape the fortunes of automakers in the coming years if current trends persist. Companies like Kia,… Continue reading Is the ‘Golden Era’ of Premium-led Auto Sales Growth Coming to an End?
Ashok Leyland Signs Channel Finance Agreement with Indian Bank for M&HCV Dealers
Ashok Leyland, the Indian flagship of the Hinduja Group and a leading commercial vehicle manufacturer, has entered into a Memorandum of Understanding (MoU) with Indian Bank to provide channel finance facilities for its Medium and Heavy Commercial Vehicle (M&HCV) dealers. The agreement, signed today between C. Neelakantan, Head – Treasury and Direct Taxation at Ashok… Continue reading Ashok Leyland Signs Channel Finance Agreement with Indian Bank for M&HCV Dealers
Honda, TVS & Suzuki – The Gainers of FY25 Two-Wheeler Market
The financial year ending March 2025 (FY25) marked a period of significant transition within the Indian two-wheeler (2W) market. While the overall segment posted moderate growth, the competitive landscape saw notable shifts, particularly with Honda Motorcycle and Scooter India (HMSI) making substantial inroads, according to the latest retail sales data from the Federation of Automobile… Continue reading Honda, TVS & Suzuki – The Gainers of FY25 Two-Wheeler Market
M&M Emerges as the Big Winner in FY25 as Rivals Slip
In a year marked by moderate growth and shifting consumer preferences, Mahindra & Mahindra has emerged as the undisputed star performer in India’s passenger vehicle market, posting a remarkable 19.95% year-on-year growth while industry veterans fought to maintain their positions. The Federation of Automobile Dealers Associations (FADA) released its comprehensive analysis of the financial year… Continue reading M&M Emerges as the Big Winner in FY25 as Rivals Slip
Two-Wheeler Retail Sales Growth Slows in March 2025
In a mixed indicator for India’s automotive sector, two-wheeler retail sales registered a moderate 1.77% year-over-year decline in March 2025, with registrations totaling 15,08,232 units compared to 15,35,398 units in March 2024, according to data released by the Federation of Automobile Dealers Associations (FADA). Despite the March contraction, the overall fiscal year 2025 ended on… Continue reading Two-Wheeler Retail Sales Growth Slows in March 2025