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Passenger vehicle sales grow 10% in September

MUMBAI, Oct. 16 -- For the first time this fiscal, retail sales of passenger vehicles (PV) have seen a yearon- year growth, with September volumes growing 10% to 195,665 units, according to data from ... Read More


Mercedes-Benz sells over 2,000 cars in Sep quarter

Mumbai, Oct. 15 -- Driven by the festive demand, Mercedes-Benz India Pvt Ltd has sold 2,058 luxury cars in the September quarter, the company said on Wednesday. Country's largest luxury carmaker has ... Read More


BMW India sees strong demand for pre-owned luxury cars

Mumbai, Oct. 15 -- German luxury carmaker's local unit, BMW India Pvt Ltd is witnessing a strong demand for pre-owned cars, a top company executive told Mint. "We did see that earlier during the fina... Read More


JLR launches iconic Defender SUV starting at Rs.73.98 lakhs

Mumbai, Oct. 15 -- Jaguar Land Rover India has launched the much-awaited Defender sport utility vehicle (SUV) today in 3-door and 5-door body styles and in a price range of Rs.73.98 lakh - Rs.90.46 la... Read More


Passenger vehicle volumes may decline upto 25% in FY21: Icra

Mumbai, Oct. 14 -- The passenger vehicle (PV) industry is expected to register a year-on-year decline of upto 25% this fiscal as the trickle down impact of expected GDP decline of 11% in FY2021, credi... Read More


EV startup Ultraviolette plans to raise up to $75 million in one year

MUMBAI, Oct. 13 -- TVS Motor Company-backed electric motorcycle startup Ultraviolette Automotive plans to raise up to $75 million in the next 12-14 months, across series B and C rounds, three people a... Read More


LCVs see strong pickup in sales

New Delhi, Oct. 10 -- Mini-trucks, pickup vans and other light commercial vehicles (LCVs) are seeing a rebound in sales, driven bya robust e-commerce market and the need to transport fresh vegetables,... Read More


Passenger vehicle sales grow 10% in September

Mumbai, Oct. 9 -- For the first time this fiscal, retail sales of passenger vehicles (PV) witnessed a year over year growth in September with PV retail volumes growing 10% YoY to 195,665 units, accord... Read More


Passenger vehicle makers drive into the fast lane

MUMBAI, Oct. 9 -- Leading passenger vehicle makers posted strong growth in factory dispatches in September as companies continued to build dealer inventory to capitalize on an expected spurt in sales ... Read More


MG Motor launches Toyota Fortuner-rival Gloster SUV

MUMBAI, Oct. 8 -- Expanding its product portfolio with a fourth model, MG Motor India Pvt Ltd on Thursday launched premium sport utility vehicle Gloster with a starting price range of Rs.28.98-35.38 l... Read More