Search result for 'car industry'

India and the UK have signed a free trade agreement that includes phased auto duty cuts, safeguards for Indian industries, and enhanced services access. The agreement aims to double bilateral trade...

Maruti Suzuki chairman says tax relief won't revive small car demand in India, citing affordability concerns and high regulatory costs. He emphasizes the need for government intervention to lower...

Jaguar Land Rover India achieved record retail sales of 6,183 units in FY25, a 40% increase from the previous year. The company's 'House of Brands' strategy and strong product portfolio drove...

Think tank GTRI advises India to reconsider a comprehensive trade deal with the US, suggesting a limited zero-to-zero tariff agreement on industrial goods instead. The group warns of potential...

British PM Keir Starmer visits Tata Motors' JLR amid US trade tensions, pledging support for the car industry and announcing investments in life sciences.

GTRI advises India to withdraw from US trade negotiations, citing unfair pressure and inaccurate data used by the Trump administration. It suggests a 'Zero-for-Zero' tariff approach and highlights...

Audi India head Balbir Dhillon predicts luxury car market growth to 5% of total car sales, highlighting India's economic potential and growing demand for luxury vehicles.

Audi India expects sales to rebound in 2025, anticipating an 8-10% growth. The company faced supply chain disruptions in 2024 but sees recovery fueled by new models like the Q7.

Maruti Suzuki Chairman RC Bhargava calls for a policy framework promoting clean technologies to replace petrol and diesel cars with electric vehicles and other alternatives.

India's pre-owned car market is expected to reach 1.09 crore units by FY28, with value exceeding USD 73 billion. The report highlights the growing demand for used cars, driven by factors like...

Maruti Suzuki aims to boost exports, reaching 3 lakh units in FY25 and 8 lakh by 2030, driven by new model launches and enhanced distribution networks.

Audi expects India's luxury car market to grow at a slower pace in 2024 due to high taxes. However, the company remains bullish on the long-term potential of the market.

GTRI warns India against reducing import duties for the auto sector in free trade agreements, arguing it could harm domestic companies and lead to closures.

Automakers urge the Indian government to continue supporting green mobility and infrastructure development in the upcoming budget. They seek policy stability and FAME scheme extension for electric...

BMW India President Vikram Pawah emphasizes the need for duty structure rationalization to accelerate adoption of new technologies like EVs, ensuring a level playing field for all players.

Audi aims to achieve 50% EV sales in India by 2030, expanding its electric vehicle lineup. The company is optimistic about EV adoption with favorable tax policies and developing charging...

Asian markets were mixed on Friday, with some benchmarks rising after Wall Street rebounded following strong profit reports. Tokyo's Nikkei edged up, while Hong Kong's Hang Seng fell.

Global NCAP warns of rising SUV sales posing road safety and environmental threats, urging governments to discourage their sales. Learn about the dangers of larger, heavier vehicles.