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
1 / 8 Estimates for the April 2025 project indicate that automobile retail sales are expected to remain slow, with wholesales remaining under pressure, according to projections by Nomura and a CNBC-TV18 poll. A moderate growth has been projected across various segments, such as passenger vehicles, two-wheelers, and medium and heavy commercial vehicles. 2 / … Read more
President Donald Trump signed a pair of directives easing the impact of his tariffs on the automotive industry, yielding to weeks of intense lobbying from automakers, parts suppliers and dealers who warned excessive levies could push up car prices, triggering plant shutdowns and job losses. Under the first executive order, signed aboard Air Force One, … Read more
The Maharashtra state cabinet has approved a comprehensive new electric vehicle (EV) policy aimed at accelerating adoption, manufacturing, and charging infrastructure development across the state. Chief Minister Devendra Fadnavis announced the decision on Tuesday, calling it a key step towards sustainable mobility. The revised policy goes beyond earlier versions focused on two- and three-wheelers, now … Read more
President Donald Trump is on track to ease the impact of his auto tariffs, with changes sought by the industry that would lift some levies on foreign parts for cars and trucks made inside the US. Imported automobiles also would be given a reprieve from separate tariffs on aluminum and steel, an effort to prevent … Read more
Mahindra Group Chief Executive Officer Anish Shah said the SML Isuzu deal is aimed at scaling up the company’s light and intermediate commercial vehicle business, with a strong focus on increasing market share. “This is one segment where we were at 3% market share,” Shah told CNBC-TV18, referring to the greater than 3.5-tonne category. He … Read more
Ola Electric on Friday (April 25) issued a clarification in response to a CNBC-TV18 report that Maharashtra authorities are moving to shut down over a hundred of its unlicensed showrooms across the state. In a statement, the company said it has not received any official notice regarding the closure of its showrooms in Maharashtra. “Unaware … Read more
A Tesla Cybertruck was recently spotted on the outskirts of Mumbai. It raised hope among people that the EV giant may soon make its way to India. The picture, shared on the social media platform X, fuelled speculation about Tesla’s potential launch in India. However, the vehicle had a Dubai registration plate, suggesting it was … Read more
Tesla Inc.’s India office is refunding early bookers of its Model 3, according to emails seen by Bloomberg News, sparking speculation the American electric vehicle maker is nearing a roll out in the world’s third-largest automobile market. “We would like to return your reservation fee for the time being,” read the emails to customers who … Read more
For buyers eyeing a stylish, diesel-powered mid-sized SUV, both the Hyundai Creta and the Tata Curvv are likely at the top of the list. Overdrive has rigorously tested these models, running them through real-world mileage checks and performance benchmarks to give viewers a full picture of what clicks – and what doesn’t – with each. … Read more