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Rajesh Jejurikar, Executive Director and CEO of the Auto & Farm Sector at Mahindra & Mahindra, outlined the company’s volume expectations across key segments, projecting mid-to-high teen growth for SUVs—including electric models—and high single-digit growth for both the tractor segment and light commercial vehicles (LCV) under 3.5 tonnes. In the January–March 2025 quarter (Q4FY25), Mahindra … Read more
Volkswagen has started accepting bookings for the Golf GTI premium hatchback in India from May 5, with the official launch expected by the end of May 2025. The car will be brought into the country as a completely built unit (CBU), and the first batch will consist of 250 units. Deliveries are set to begin … Read more
The Karnataka government has introduced the Karnataka Motor Vehicles Taxation (Amendment) Act, 2025, announcing a new one-time lifetime tax structure. Under the revised policy, vehicles under ₹10 lakh will attract a one-time lifetime tax of 5%. It replaces the earlier annual tax of ₹1,800. Vehicles costing between ₹10 and ₹15 lakh will have to pay … Read more
Ashok Leyland reported a 6% year-on-year decline in total vehicle sales for April 2025, with combined domestic and export volumes reaching 13,421 units, down from 14,271 units in April 2024. The CNBC-TV18 poll had estimated the number to come in at 14,246 units. Also Read: RailTel Corporation shares soar 12% after revenue, profit hit multi-quarter … Read more
UK automaker Jaguar Land Rover (owned by the Mumbai-based Tata Motors) has resumed shipments of vehicles to the US after pausing them following the announcement of tariffs by President Donald Trump’s government. Shares of Tata Motors have lost nearly 13% of their value since the start of 2025 due to rising risk aversion in the … Read more
The automotive market has seen several new launches and updates this week, catering to diverse consumer preferences. Recent notable releases include the Lamborghini Temerario, priced at ₹6 crore and the Bajaj Chetak 3503 electric scooter, available for ₹1.10 lakh. Other updates include the Range Rover Evoque Autobiography and the refreshed Citroen C5 Aircross, among others. … Read more
Three of India’s top four carmakers reported weak sales to dealers in April, company data showed on Thursday, as buyers delayed purchases amid concerns about slowing economic growth. Market leader Maruti Suzuki posted a marginal 0.6% year-on-year rise, while Hyundai Motor India and Tata Motors clocked declines of 11.6% and 5.1%, respectively. Mahindra & … Read more
Suzuki Motorcycle India Pvt Ltd on Thursday (May 1) reported a 14% growth in total sales at 1,12,948 units in April 2025, as compared to 99,377 units sold in the same month last year. Domestic sales were at 95,214 units in the month under review, up 8% from 88,067 units sold in April 2024, Suzuki … Read more
TVS Motor Company, one of India’s leading two-wheeler and three-wheeler manufacturers, recorded a robust 16% year-on-year (YoY) increase in overall sales for April 2025, reaching 443,896 units, compared to 383,615 units sold in April 2024. TVS Motor two-wheeler segment performance The company’s total two-wheeler sales grew 15% to 430,330 units in April 2025, up from … Read more
Escorts Kubota Ltd on Thursday, May 1, said it sold a total of 8,729 tractors in April 2025. It was 1.2% lower than the 8,839 tractors it sold in April 2025. Of these, it reported domestic sales of 8,148 tractors in April 2025, which too were down 4.1% from the 8,492 tractor sales in the … Read more