Hyundai Motor India Limited announced the appointment of actor Pankaj Tripathi as its brand ambassador on Thursday, marking the company’s latest effort to connect with Indian consumers through celebrity endorsements. The partnership positions Tripathi alongside the automaker’s existing roster of brand ambassadors as the company competes in India’s competitive automotive market. Tripathi, known for his… Continue reading Hyundai Motor India Appoints Pankaj Tripathi as Brand Ambassador
Tag: Suzuki
MG Astor Becomes India’s Only Mid-Size SUV With 10-Inch Infotainment and Panoramic Sunroof Under ₹12.5 Lakh
JSW MG Motor India announced that its MY2025 Astor is now the only 1.5-litre mid-size SUV in India to offer both a 10-inch infotainment display and panoramic sunroof under ₹12.5 lakh ex-showroom. The company made the announcement on May 30, 2025, positioning the vehicle as a “Blockbuster SUV” in the competitive mid-size SUV segment. The… Continue reading MG Astor Becomes India’s Only Mid-Size SUV With 10-Inch Infotainment and Panoramic Sunroof Under ₹12.5 Lakh
Passenger Vehicle Sales Lose Steam in May After Record Start to 2025
India’s passenger vehicle (PV) market is showing early signs of fatigue after a record-breaking start to 2025. According to industry estimates, wholesale dispatches in May are expected to be in the range of 350,000 to 355,000 units, translating to a marginal year-on-year growth of just 0.22% to 1.65%. This would mark the slowest pace of… Continue reading Passenger Vehicle Sales Lose Steam in May After Record Start to 2025
Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Nuvama sees India as auto safe haven, bets on Eicher, TVS, M&M, Maruti amid global slowdown
“Domestic 2Ws and PVs continue to see tailwinds from demand and product refresh. Export-oriented names should gradually recover as overseas demand stabilises,” Nuvama said. Nuvama Institutional Equities is betting on Indian two-wheeler, passenger vehicle and tractor majors including Eicher Motors, TVS Motors, Maruti Suzuki and Mahindra & Mahindra to outperform, citing resilient domestic demand and… Continue reading Nuvama sees India as auto safe haven, bets on Eicher, TVS, M&M, Maruti amid global slowdown
Maruti Suzuki Partners with JETRO to Connect Indian and Japanese Startups
Maruti Suzuki India Limited signed a memorandum of understanding with the Japan External Trade Organization (JETRO) today, to facilitate business opportunities for startups in both countries. The agreement was formalized between Dr. Tapan Sahoo, Executive Officer of Digital Enterprise at Maruti Suzuki, and Takashi Suzuki, Chief Director General of JETRO India, in the presence of… Continue reading Maruti Suzuki Partners with JETRO to Connect Indian and Japanese Startups
Indian Auto Industry Shows Mixed Performance in April 2025 Amid Production Adjustments
The Indian automobile industry exhibited varied performance across segments in April 2025, with commercial vehicles experiencing a slight decline, passenger vehicles posting modest gains, and two-wheelers facing production challenges despite stable consumer demand. Commercial vehicle wholesale volumes fell 1.4 percent year-on-year in April 2025, while retail volumes contracted 1.0 percent. The segment was affected by… Continue reading Indian Auto Industry Shows Mixed Performance in April 2025 Amid Production Adjustments
Chinese Export Curbs on Rare Earth Magnets Could Disrupt Indian Auto Production: Reuters
Indian auto manufacturers may face production shutdowns within days due to China’s export restrictions on rare earth magnets, according to industry sources and documents seen by Reuters. China, which processes over 90% of these magnets globally, implemented new rules in April requiring import permits—initially seen as a response to U.S. tariffs. However, the impact is… Continue reading Chinese Export Curbs on Rare Earth Magnets Could Disrupt Indian Auto Production: Reuters
Tata Altroz to cross 300,000 sales soon, refreshed model to spur demand
The Tata Altroz is set to drive past the 300,000-unit sales milestone in the Indian market soon. As per SIAM wholesales data, Tata Motors’ premium hatchback has clocked cumulative wholesales of 296,425 units till end-April 2025. Expect the minuscule gap of 3,575 units to be bridged in early June 2025, as a result of the… Continue reading Tata Altroz to cross 300,000 sales soon, refreshed model to spur demand