Three-Wheeler Retail Sales Momentum Falters in March 2025

Three-wheeler retail sales experienced a notable setback in March 2025, registering a 5.67% year-over-year decline with 99,376 units sold compared to 105,352 units in March 2024, according to data released by the Federation of Automobile Dealers Associations (FADA). This March contraction marks a worrying end to what was otherwise a positive fiscal year for the… Continue reading Three-Wheeler Retail Sales Momentum Falters in March 2025

CV Retail Sales Face Headwinds IN March Despite Modest Growth

Commercial Vehicle (CV) retail sales showed signs of recovery in March 2025, registering a moderate 2.68% year-over-year growth with 94,764 units sold compared to 92,292 units in March 2024, according to data released by the Federation of Automobile Dealers Associations (FADA). This positive end to the fiscal year provides a glimmer of hope for a… Continue reading CV Retail Sales Face Headwinds IN March Despite Modest Growth

Passenger Vehicle Retail Sales Rebound in March, Breaking Months-Long Slump

In a welcome sign for India’s automotive sector, passenger vehicle (PV) retail sales registered an impressive 6.26% year-over-year growth in March 2025, reaching 350,603 units compared to 329,946 units in March 2024, according to data released by the Federation of Automobile Dealers Associations (FADA). The March growth represents a significant turnaround after months of subdued… Continue reading Passenger Vehicle Retail Sales Rebound in March, Breaking Months-Long Slump

Exclusive: UP, Maharashtra, Karnataka and Tamil Nadu drive double-digit EV sales growth in FY2025

If India’s electric vehicle (EV) industry came within an arm’s length of hitting the 2-million retail sales milestone with 1.96 million units and 17% growth in FY2025, it is thanks to the strong demand for zero-emission vehicles in its major EV-buying markets. The market scenario is similar to CY2024, which saw retail sales of 1.95… Continue reading Exclusive: UP, Maharashtra, Karnataka and Tamil Nadu drive double-digit EV sales growth in FY2025

Trump, Tesla And Tariffs

The auto component industry can often be seen as an early indicator of the shifting winds of global trade, and the current disruptions in global trade patterns are already starting to rustle the leaves in this promising export sector. However, even as the threat of higher US tariffs looms, the Indian auto component industry appears… Continue reading Trump, Tesla And Tariffs

‘India Can Become a Major Pillar for Us’ – Marquardt Group

India, the world’s third largest automotive market, is witnessing action across vehicle categories, and German mechatronics specialist Marquardt Group is keen to make the most of this opportunity. Outside the passenger vehicle segment–which contributes the most to the group’s India sales–it has spotted opportunities in the two- and three-wheeler, truck, and construction equipment categories, says… Continue reading ‘India Can Become a Major Pillar for Us’ – Marquardt Group

Kia India Enters a Phase of Correction, Revenues and Profits fall in FY-24

South Korean car major Kia India has reported its first year-on-year decline in profit and revenue since the COVID-19 pandemic, reflecting the impact of a slowing passenger vehicle market and intensifying competition in the Indian automotive sector. According to the company’s financial filing with the Ministry of Corporate Affairs, for the financial year that ended… Continue reading Kia India Enters a Phase of Correction, Revenues and Profits fall in FY-24

Aisin to produce hybrid motor for Mitsubishi in Thailand

The hybrid drive motor and gearbox, will be produced at Aisin Powertrain (Thailand) Co for use in the Mitsubishi XForce HEV and will mark Asin’s first electric unit production in the ASEAN region, which is part of its strategic plan to develop a global production system for electrification. Mitsubishi Motors has awarded new hybrid electric vehicle… Continue reading Aisin to produce hybrid motor for Mitsubishi in Thailand

Aisin to produce hybrid motor for Mitsubishi in Thailand

The hybrid drive motor and gearbox, will be produced at Aisin Powertrain (Thailand) Co for use in the Mitsubishi XForce HEV and will mark Asin’s first electric unit production in the ASEAN region, which is part of its strategic plan to develop a global production system for electrification. Mitsubishi Motors has awarded new hybrid electric vehicle… Continue reading Aisin to produce hybrid motor for Mitsubishi in Thailand

GM reports strong Q1 sales in China, demand for EVs and hybrids surges 53%

General Motors and its joint ventures have sold more than 442,000 units in China in the first quarter of 2025 (January-March), with positive year-on-year sales growth and the third consecutive quarter of sequential gains in market share. Sales of new energy vehicles (NEVs), including both pure battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), surged… Continue reading GM reports strong Q1 sales in China, demand for EVs and hybrids surges 53%