Porsche AG, the renowned sports car manufacturer, has maintained a stable level of deliveries in the first quarter of 2024, despite facing various challenges in the global market. The company delivered a total of 77,640 vehicles worldwide between January and March, marking a moderate decline of four per cent compared to the previous year. Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG, attributes this stability to the company’s strategic focus on updating its model lines and navigating through regulatory requirements and market dynamics. Keep Reading

In a testament to its resilience and strategic growth initiatives, the Tata Motors Group has announced impressive global wholesales figures for the fourth quarter of fiscal year 2024, which includes the performance of Jaguar Land Rover. The conglomerate’s global wholesales stood at 377,432 units, marking an 8% increase compared to the same period in the previous fiscal year. Keep Reading

In the first quarter of 2024 (January – March), BMW Group India showcased robust business performance. Especially, by delivering a total of 3,680 cars (BMW and MINI) and 1,810 motorcycles (BMW Motorrad). Within the car segment, BMW accounted for 3,510 units while MINI contributed 170 units. Keep Reading

In 1974, amidst the backdrop of the oil crisis that shook global markets in the preceding year. The German automotive landscape witnessed a revolutionary addition – the Audi 50. Marking the debut of a small car from a German manufacturer, the Audi 50. Further, brought forth a blend of economical fuel consumption and pioneering design that set new standards in the industry. Keep Reading

Hyundai India has announced its ambitious plans to significantly expand its electric vehicle (EV) lineup in India starting from 2025. The company aims to introduce more electric cars into the Indian market. Especially, equipped with localized battery packs and improved charging infrastructure. This move comes as the e-car market is poised to reach an inflection point in 2025. Further, signaling a pivotal moment for the automotive industry. Keep Reading

The fiscal year 2023-24 witnessed a dynamic and competitive landscape in the Indian automotive industry. Especially, with key players Tata Motors and Maruti Suzuki India showcasing impressive sales performance. These industry giants demonstrated resilience and strategic prowess in navigating market challenges while capitalizing on emerging opportunities. In this article, we delve into the notable sales achievements of Tata Motors and Maruti Suzuki India. Especially, highlighting their respective positions and contributions to the evolving automotive sector. Keep Reading

The BMW Group and Tata Technologies, a global product engineering and digital services company. Further, recently announced a significant collaboration aimed at establishing a software and IT development hub in India. Keep Reading

In January 2024, the Indian electric vehicle (EV) market witnessed significant surge in sales across various segments. Further, highlighting the evolving consumer preferences and market dynamics. Keep Reading