Porsche India On Growth Path With 2023 Sales Achievement
Porsche India marked a historic milestone in 2023, achieving its best retail year since its inception with the sale of 914 new vehicles. This outstanding performance by Porsche India represents a remarkable 17% growth. As compared to the previous year and follows a substantial 64% increase recorded in…
Lamborghini India Hopes For Ease In Taxation For Better Growth
Italian luxury sports car manufacturer Lamborghini has marked a significant achievement in the Indian market by surpassing the century mark in sales. Despite the milestone, the company is calling for favorable changes in taxation policies and improved infrastructure to unlock its full potential in the country.…
Porsche Unveils The New All Electric Macan Turbo
Stuttgart/Singapore – In a groundbreaking move, Porsche is set to launch the second all-electric model in its lineup, the highly anticipated Macan Turbo. Celebrating a decade since the debut of the original Macan. Further, the latest iteration aims to redefine electric SUV standards with its powerful performance, cutting-edge…
Tata Motors To Hike Price By 0.7% On Passenger Vehicle Portfolio
In a move reflective of the dynamic challenges facing the automotive industry, Tata Motors, India’s leading vehicle manufacturer, disclosed today its decision to implement a 0.7% price hike on average across its extensive passenger vehicles portfolio, including electric vehicles (EVs). This measured adjustment is set to take effect…
Mercedes-Benz Set To Launch The Luxurious GLA And GLE
In a strategic move to solidify its standing in the competitive Indian luxury car market. Mercedes-Benz is gearing up for a significant launch event this month. Especially, the spotlight will be on the facelifted Mercedes GLA and the high-performance AMG GLE 53 Coupe. Further, marking another milestone for…
Classic Legends Aims To Lead The Mid-Range Superbike Market
Classic Legends Pvt Ltd, the premium bike arm of Mahindra & Mahindra, renowned for its Jawa, Yezdi, and BSA brands of high-end motorcycles, is strategically positioning itself as a key player in the mid-range superbike market (350cc-750cc). With a focus on expanding its product portfolio to include higher…
Volkswagen Group Reports 2% YoY Growth In India For 2023
New Delhi, 18th January 2024: In a recent announcement on Monday, European auto giant Volkswagen Group revealed that its car sales in India experienced a year-on-year growth of around 2%, reaching a total of 145,713 units in 2023. The company, operating under Skoda Auto Volkswagen India, emphasized the…
Price Hike Announced By Maruti Suzuki On All Models
New Delhi, 18th January 2024 – In a recent development, Maruti Suzuki India, a prominent player in the Indian automotive industry. Now Maruti has officially announced a price increase across its entire model range, effective immediately. The decision comes as part of the company’s strategic adjustments to meet…
New Initiative By NHAI, ‘One Vehicle, One FASTag’ Introduced
New Delhi, January 15, 2024 – In a bid to elevate the efficiency of the Electronic Toll Collection (ETC) system and facilitate smooth movement at Toll Plazas across the nation. The National Highways Authority of India (NHAI) has implemented the ‘One Vehicle, One FASTag’ initiative. This strategic move…
India Records 21% Dip In Automotive Exports As Per SIAM
Overview: A 21% Dip in Indian Automobile Exports in 2023 The latest data from the Society of Indian Automobile Manufacturers (SIAM) reveals a significant 21% decline in automobile shipments from India last year, attributing the drop to monetary and geopolitical crises faced by overseas markets. The overall automotive…