India’s largest carmaker by volume Maruti Suzuki saw a bumpy third quarter as the automaker struggled with higher discounts and weak small car sales, leading to a lower-than-expected profit. For Maruti and its peers, FY25 has been about poor consumer sentiment, which had raised car inventories everywhere. Hyundai India also reported lower third-quarter earnings, while … Read more
The country’s largest carmaker Maruti Suzuki Thursday said it will increase prices across its range of vehicles by up to Rs 32,500 with effect from Feb 1, 2025. The company attributed the price rise to rising input and operational costs. “While the company is committed to optimising costs and reducing the impact on the customers, … Read more
Last Updated:January 23, 2025, 17:19 IST The revised prices mean the compact Celerio will be up to Rs 32,500 more expensive, while the premium Invicto will see a price increase of up to Rs 30,000. Maruti Suzuki Price Hike. Maruti Suzuki India is all set to increase car prices by up to Rs 32,500 from … Read more
After a long wait, Maruti Suzuki has entered the EV segment with a product that they feel confident with. The E Vitara SUV, showcased in Auto Expo 2025 in Delhi signifies the priority that the EV segment holds. Available with 49kWh and 61kWh battery packs you can expect the following power outcomes. 49kWh: 144hp & … Read more
Mumbai: India’s passenger vehicle market is set to surpass 4.5 million units in 2025 for the first time, as the industry anticipates the positive sentiment of December quarter to carry into the new year despite price increases.The surge in demand comes along with a notable shift in pricing dynamics driven by the growing trend of … Read more
NEW DELHI: Maruti Suzuki, Hyundai and Skoda Auto are among several automakers unveiling a slew of electric car models targeting the mainstream segment at the New Delhi auto show, signalling a decisive shift to clean mobility in the world’s third largest automobile market.Senior industry executives told ET new launches, especially in the high-volume mid-size SUV … Read more
India is set to host one of the largest mobility exhibitions in the world—the Bharat Mobility Show—from January 17 to 22. As many as 34 homegrown and global automakers are set to take the covers off a slew of vehicles, many in the electric vehicle segment, at the show in the National Capital Region. New … Read more
In a showcase of enthusiasm for used cars, a significant 76 per cent of customers in 2024 were first-time buyers, used car platform Spinny observed in its annual report. This year’s sales witnessed a jump of 3 per cent from the previous year’s figure of 73 per cent, the annual report added. On its platform, … Read more
The volume of two-wheelers (2Ws) and tractors will grow at a compounded annual growth rate (CAGR) of 13 to 15 per cent, outpacing passenger vehicles (PVs) and trucks between financial year (FY) 2025-27, stated a report by Jefferies an investment banks and financial services company.“We expect 2Ws and tractors to grow at strong 13 per … Read more
Mobility solutions and financial services provider ORIX Corporation India Ltd expects automobile leasing market in India to account for 7-8 per cent of the overall vehicle sales in the next 5-7 years, up from about 2 per cent currently with more younger people joining the workforce, its Managing Director and CEO Vivek Wadhera. With good … Read more
