Autocar_Professional India Online News – Page 240

JSW MG Motor India Records 47% of Total EV Sales in 2024 from South India

JSW MG Motor India sold 22,646 electric vehicles across India in 2024, with South India accounting for 10,698 units or 47.2% of the total sales, the company said, citing VAHAN data released on March 20, 2025. Karnataka led the regional sales, followed by Telangana and Kerala. The strong performance in these states reflects growing consumer… Continue reading JSW MG Motor India Records 47% of Total EV Sales in 2024 from South India

JSW MG Motor India Records 47% of Total EV Sales in 2024 from South India

Toyota’s Hino Motors Pleads Guilty to US Emissions Fraud, Fined $1.6 Billion: Report

Toyota subsidiary Hino Motors pleaded guilty on Wednesday over a multi-year emissions fraud scheme in the United States and must pay $1.6 billion in penalties, the U.S. Justice Department said. U.S. District Court Judge Mark Goldsmith in Detroit accepted the Japanese truck and engine manufacturer’s guilty plea and sentenced the company to pay a fine… Continue reading Toyota’s Hino Motors Pleads Guilty to US Emissions Fraud, Fined $1.6 Billion: Report

Revolt Motors Enters Nepal Market in Partnership with MV Dugar Group

Revolt Motors, India’s electric motorcycle company, has announced its entry into Nepal, marking its second international market after Sri Lanka. The company will open its first Revolt Hub in Kathmandu in April 2025 through a partnership with MV Dugar Group, a company with 140 years of history and 52 years in Nepal’s automobile industry. The… Continue reading Revolt Motors Enters Nepal Market in Partnership with MV Dugar Group

BMW Group India Announces Price Hike of Up to 3% from April 2025

BMW Group India will increase prices by up to 3% across its BMW and MINI car range effective April 1, 2025, according to a company announcement made in Gurugram today. The price adjustment will apply to all locally produced cars and completely built-up units (CBUs). The locally manufactured lineup includes the BMW 2 Series Gran… Continue reading BMW Group India Announces Price Hike of Up to 3% from April 2025

Lamborghini Posts Record 2024 Performance with €3.09 Billion Revenue

Automobili Lamborghini has reported exceptional financial results for 2024, with revenue exceeding €3 billion for the first time in company history. The Sant’Agata Bolognese-based manufacturer posted €3.09 billion in revenue, representing a 16.2% increase compared to 2023. Operating income reached a record €835 million, up 15.5% from the previous year, with operating margin holding steady… Continue reading Lamborghini Posts Record 2024 Performance with €3.09 Billion Revenue

India’s infrastructure boom powers Tata Hitachi’s expansion strategy

Tata Hitachi Construction Machinery is strengthening its presence in India with a new developmental centre in Dharwad, Karnataka, signaling a strategic shift from consumption to innovation. The company is optimistic about future growth as it finds the market scenario to be favourable, says Sandeep Singh, MD, Tata Hitachi Construction Machinery. Tata Hitachi Construction Machinery is… Continue reading India’s infrastructure boom powers Tata Hitachi’s expansion strategy

Renault India Announces Price Hike of Up to 2 Percent Starting April

Renault India plans to increase prices across its vehicle lineup by up to 2 percent beginning April 2025, the company announced on Thursday. The price adjustment will vary depending on the model and variant. According to Venkatram Mamillapalle, Country CEO and Managing Director of Renault India, the company has been absorbing rising input costs for… Continue reading Renault India Announces Price Hike of Up to 2 Percent Starting April

Luxury Car Market to Slow in 2025: Mercedes-Benz Sees Flattish Numbers

The Indian luxury car market, which has enjoyed robust growth since the COVID-19 pandemic, outpacing the mainstream segment, is now seeing a slowdown as falling stock markets and geopolitical instability dampen consumer sentiment. The high-end car market may be experiencing its slowest growth from January to March 2025. If the weakness persists, it may even… Continue reading Luxury Car Market to Slow in 2025: Mercedes-Benz Sees Flattish Numbers

Royal Enfield 650cc models command 96% of 500-800cc motorcycle market

Midsize motorcycle market leader Royal Enfield, which has registered total wholesales of 814,707 units (up 6% YoY) in the first 11 months of FY2025, is set to surpass its record FY2024 sales of 834,795 units (up 13% YoY) in the current fiscal. It is witnessing strong growth in the 500-800cc segment where it has three… Continue reading Royal Enfield 650cc models command 96% of 500-800cc motorcycle market