Germany’s Mercedes-Benz, fresh off a year of record sales in India, plans to add another 20 dealerships or service outlets in 2025 – mainly in smaller cities where young, well-travelled business owners are indulging in luxury goods. Rapid economic growth in India has wrought a fundamental shift in attitude towards luxury purchases among its younger … Read more
Mumbai: India’s electric vehicle industry is on the verge of a transformation, with the spotlight shifting to EVs that can go the extra mile—literally. As consumers increasingly demand vehicles capable of covering hundreds of kilometres on a single charge at prices comparable to petrol and diesel-powered models, manufacturers are racing to deliver. Almost 75% of … Read more
Taxation of automobiles must be based on national goals of reducing fossil fuel consumption, decarbonisation and ‘Make in India’, and incentives must not be reserved only for a specific technology, according to Toyota Kirloskar Motor Executive Vice President & Country Head Vikram Gulati. Toyota Kirloskar Motor (TKM), which on Wednesday launched its new version of … Read more
