Watch | Timeless beauties on display at the 58th Statesman Vintage & Classic Car Rally in Delhi

The two-day 58th Statesman Vintage & Classic Car Rally concluded on March 1 near Connaught Place in New Delhi.This annual event offers enthusiasts a glimpse into automotive history, featuring a parade of meticulously maintained classic cars and live music performances.  Participants showcase iconic models from renowned manufacturers, including Rolls-Royce, Bentley, and Cadillac, among others. The … Read more

Mahindra’s SUV success drives past Hyundai, hits 2nd spot in India car sales

In a notable shift in India’s automotive landscape, Mahindra overtook Hyundai in February 2025 to claim the position of the second-largest seller of passenger vehicles (PVs) by domestic sales. Mahindra recorded domestic PV sales of 50,420 units, reflecting a robust 19% growth compared to February 2024. In contrast, Hyundai’s domestic sales dropped 5% to 47,727 … Read more

TVS Motor, Eicher Motors record rise in February sales, Tata Motors declines

India Business News LIVEBLOG: The Indian automobile industry is set to release its highly anticipated February 2025 car sales data on Saturday, March 1, offering valuable insights into market trends, consumer demand, and industry performance. Major players like Maruti Suzuki, Hyundai, Tata Motors, and Mahindra will be in focus, with attention also on the growing … Read more

February 2025 car sales expected to hit lowest point in years: Four reasons why

1 / 9 Passenger vehicle (PV) retail sales fell by 14%, two-wheeler (2W) sales dropped by 12%, and medium and heavy commercial vehicle (MHCV) sales decreased by 11%, according to a CNBC-TV18 poll. Two-wheeler sales is expected to decline 6% compared to a year earlier, according to Nomura’s estimates. 2 / 9 Significant discounts offered … Read more

Bombay HC to rule if $1.4 billion Volkswagen tax notice came 12 years too late

Bombay High Court, on Wednesday, wrapped up hearings in a $1.4 billion tax disagreement between Volkswagen and Indian customs officials, focusing only on whether the customs’ show-cause notice (SCN) was issued beyond the legal time limit. Justices BP Colabawalla and Firdosh Pooniwalla, after six days of arguments, stated, “Although we have heard extensively on all … Read more

Bajaj Auto unveils GoGo electric autos with 251 km range, longest in segment

Bajaj Auto Ltd., on Thursday, introduced Bajaj GoGo, a new electric auto brand boasting a range of 251 km per charge, the longest in its category, as announced by the company. The initial passenger models, P5009 and P7012, are priced at ₹3.27 lakh and ₹3.83 lakh, respectively (ex-showroom Delhi), with bookings now available at dealerships … Read more

Tesla sales crash 45% in Europe as rivals surge, Musk’s politics spark backlash

Tesla Inc.’s sales plunged 45% last month across Europe, where rival carmakers saw a surge in electric-vehicle demand. The Elon Musk-led company registered only 9,945 cars in January, down from 18,161 a year ago, according to the European Automobile Manufacturers’ Association. EV sales soared 37% for the overall industry, with carmakers posting big gains in … Read more

Bombay HC probes Volkswagen over $1.4 billion tax demand and possible duty evasion tomorrow

The Bombay High Court, while hearing Volkswagen’s appeal against a $1.4 billion tax bill, raised tough questions about the possible circumvention of tax duties by importing a car in parts. The Bombay High Court is hearing a plea by the German carmaker Volkswagen against a show cause notice issued by the Customs authorities. According to … Read more