Car Sales

Elon Musk's Tesla is flailing in China and BYD's rapid rise is to blame

Elon Musk's automaker has been backsliding in China for the past five consecutive months on a year-on-year basis, according to data from the country's Passenger Car Association

Car firms likely to witness sales growth crawling at 1-2% in FY26

Two-wheeler industry's volume growth expected to be in 8-10 pc in FY26

M&M Q3 results: Profit climbs 20% to Rs 3,181 cr, driven by SUV demand

M&M Q3 FY25 results: Revenue up 18% to Rs 41,464.98 crore, led by demand for SUVs and tractors

Toyota sells 10.8 mn vehicles in 2024, stays world's top-selling automaker

Japanese automaker posted a 3.7 per cent drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors

Used car market overtakes new car sales in India: CARS24's report

Maharashtra, Uttar Pradesh, and Delhi emerged as key drivers of the used-car boom, reflecting diverse regional demands

Sales boost for auto dealers as deal with Meta helps digitisation: Report

Consumers consider social media for decision to buy new vehicle and use messaging apps to communicate with auto dealers

VinFast readies India drive for export hub, plans first stop in Tamil Nadu

Scouts for co-investors in charging firm V-Green in India

BMW India eyes double digit growth, expects sales to keep momentum in 2025

German luxury carmaker BMW is looking at double- digit sales growth this year having already reported record deliveries in 2024, its India Group President and CEO Vikram Pawah said on Saturday. The company is also expecting its electric vehicle sales portfolio to go up this year. In 2024, BMW Group India posted its best-ever annual car sales at 15,721 units, an 11 per cent growth over the previous year. The BMW brand registered 15,012 units while the MINI brand clocked 709 units in 2024. The group's motorcycle brand, BMW Motorrad sold 8,301 units last year. Asked if the company is looking at a similar growth as last year, Pawah said,"Thinking anything less than a double- digit growth will be understatement for India as a country itself. So absolutely, yes." He noted that all segments -- entry, mid and luxury -- were witnessing growth at a very solid pace for the company in the Indian market. "So I expect the same in 2025 because, you know, we've always said that we have a very ro

Are we entering an era of boring colours but exciting brand marques?

At one time, we used to photograph the cars in various colours to study how they reproduced; green and blue were a problem. Silver gray was difficult to shoot

Renault 2024 sales volume grows 1.3% with 2.26 mn vehicles, most hybrids

Sales growth, however, slowed sharply from the 9 per cent rise recorded in 2023, as the global auto sector faced a challenging year with inflation weighing on consumer appetite

Mercedes-Benz 2024 car sales fell 3% in a tough year for automakers

Annual sales of battery-electric cars (BEV) dropped by 23 per cent to 185,100 vehicles, adding pressure on the carmaker as new, harsher EU CO2 emission reduction targets take effect this year

Auto retail sales dip 12% in December despite a good show in CY 2024

Sales of two wheelers dipped by 18 per cent, passenger vehicles by 2 per cent and commercial vehicles (CV) by 5.2 per cent

Tata Motors' new EVs promise over 500 km range on a single charge

This has been made possible by declining global costs of battery cells for EVs

European car sales decline in November, led by France and Italy: ACEA

The slowdown in electric vehicle (EV) sales was only partly offset by the growth of hybrid-electric car registrations

BYD on track to beat 2024 sales goal of 4 mn vehicles, outsell Ford, Honda

During August to October, BYD added nearly 200,000 units in production capacity and hired 200,000 workers for auto and part manufacturing

After Audi and Hyundai, Maruti Suzuki to raise car prices starting Jan 1

Several automakers have announced price increases for their vehicles starting January 2025, citing rising input costs, operational expenses, and supply chain disruptions

Wedding season sparks 2-wheeler boom but passenger vehicles hit the brakes

As passenger vehicle retail sales slowed in November, companies are anticipated to maintain high discount levels to attract buyers

Nissan Oct production down globally except Mexico amid Trump tariff threat

Nissan's worldwide output for October decreased 6 per cent from the same month a year earlier to 290,848 vehicles

Auto retail sales up 32% in Oct as 2W, PVs shine in festival season

Inventory levels improve from record high in Sept; dealers expect business improvement to continue

Deferred tax pulls down Honda Cars's net profit by 53% to Rs 661 crore

During the two Covid-affected years of FY20 and FY21, the company's net loss stood at Rs 1,672.2 crore and Rs 1,587.5 crore, respectively, according to documents