Japan’s Suzuki Motor Corporation said that its business environment in India has changed due to its declining market share and intensified competition in electric vehicles in the country, and that it needs to “rethink its strategy.” Reviewing the current mid-term management plan (Japanese FY2021–FY2025) — (Indian FY2022 to FY2026), the management noted that the company… Continue reading Suzuki Motor Says Need to Rethink India Strategy Amid Falling Market Share
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SIAM Looking Ahead Conclave sees PV sales growing 1-4% in FY26
India, the world’s third-largest car market, is looking at yet another year of sluggish growth in its passenger vehicle market as major carmakers are now forecasting another year of low single-digit volume growth for financial year 2025-2026, following a similar performance in this financial year. The persistent weakness in small car sales due to the affordability… Continue reading SIAM Looking Ahead Conclave sees PV sales growing 1-4% in FY26
M&M at its peak – Should you buy, sell, or hold?
The M&M stock recently hit its new all-time high of Rs 3,270.95 on the NSE on February 10 With strong fundamentals, a diversified portfolio, and an aggressive push into the electric vehicle (EV) segment, fund manager Sandip Sabharwal of asksandipsabharwal.com believes that Mahindra & Mahindra’s (M&M’s) strong fundamentals and growth potential make it a compelling… Continue reading M&M at its peak – Should you buy, sell, or hold?
Tesla’s sudden Indian jobs plan comes amid Trump’s tariff threats
Tesla’s India intent follows Modi’s meeting with Musk and President Donald Trump in Washington last week. Less than a week has passed since Prime Minister Narendra Modi met with Tesla CEO Elon Musk, a key figure in the Trump administration now, to outline a bilateral roadmap for strengthening technology partnerships. Yet, within this short span… Continue reading Tesla’s sudden Indian jobs plan comes amid Trump’s tariff threats
Can the Rs 9.99 lakh Renault Kiger RXT (O) Turbo CVT Reshape India’s Automatic Market?
The introduction of Renault’s Kiger RXT(O) Turbo CVT at INR 9.99 lakh signals a bold bet by the French auto brand in India’s automotive transmission landscape, where automatic options have historically struggled to gain widespread acceptance compared to manual transmissions. The Indian market currently offers several automatic transmission technologies, each with distinct characteristics. Continuously Variable… Continue reading Can the Rs 9.99 lakh Renault Kiger RXT (O) Turbo CVT Reshape India’s Automatic Market?
Hyundai’s Pre-Owned Car Sales Grow by 5.8% in 2024, Driven by Certified Program Success
Hyundai Motor India Limited (HMIL) reported sales of 157,503 pre-owned cars through its Hyundai Promise program in 2024, marking a 5.8% increase from the previous year. The company’s certified pre-owned car segment contributed 35,553 units, representing 23% of total volume. The i20, CRETA, and GRAND i10 models accounted for 55% of certified pre-owned sales. In… Continue reading Hyundai’s Pre-Owned Car Sales Grow by 5.8% in 2024, Driven by Certified Program Success
Car sales fall 14%, SUVs rise 12% in first 10 months of FY2025
Of the total estimated wholesales of 3.53 million passenger vehicles in the past 10 months of FY2025, up 2% YoY (April 2023-January 2024: 34,76,319 units), the share of passenger cars is now down to 31% compared to 37% a year ago. In the first 10 months of FY2025, an estimated 11,13,905 cars have been sold,… Continue reading Car sales fall 14%, SUVs rise 12% in first 10 months of FY2025
How tariff reductions could impact India’s automotive industry? Sunil Subramaniam explains
Sunil Subramaniam, Market Expert “The fact that we are going to be reducing tariffs means that Indian industry has become more competitive if they have to compete then because the support of tariffs will not be there,” says Sunil Subramaniam, Market Expert.Sunil Subramaniam: First of all, yes, there will be an increased competitive element to… Continue reading How tariff reductions could impact India’s automotive industry? Sunil Subramaniam explains
Rakesh Srivastava Joins AI Technology Firm BiUP.ai as Advisor
BiUP.ai, an emerging player in the artificial intelligence sector, has appointed former Nissan Motor India Managing Director Rakesh Srivastava as its Mentor and Advisor. The announcement, made in New Delhi on February 14, 2025, marks a significant development for the B2B SaaS platform specializing in AI-driven immersive technology. Srivastava, who brings extensive automotive industry experience… Continue reading Rakesh Srivastava Joins AI Technology Firm BiUP.ai as Advisor
Car sales shift to first gear in Jan after demand bump
At Toyota Kirloskar Motor (TKM) too, sales grew 13% to 26,178 units. New Delhi: Sales of passenger cars, vans and utility vehicles grew in low single-digits in January, mainly because of a high base and continued tepid demand in the local market. Market leader Maruti Suzuki posted a 4% rise from a year earlier at… Continue reading Car sales shift to first gear in Jan after demand bump