SUV
Nikhil and Nithin Kamath gift Mercedes to mother Revathi. Check it's jaw-dropping price
Zerodha co-founders Nikhil and Nithin Kamath gifted their mother a luxurious new Mercedes in a traditional ceremony. The gesture not only highlighted their deep respect and gratitude but also underscored their family's cultural values and significant achievements in the fintech industry.
European car companies step on gas for a footing in India
Czech carmaker Skoda Auto's India unit is aiming to sell over 100,000 vehicles annually by 2026, targeting younger customers with affordable, feature-rich models designed specifically for Indian market. This ambitious goal comes amid the dominance of Japanese, Korean, and local automakers, with Skoda striving to carve out a competitive niche through strategic positioning.
Xiaomi shares pricing ‘near-perfect execution’ after 300% rally
Xiaomi's stock has surged 340% in a year, making it one of China’s most expensive tech stocks. Investors await its earnings and the launch of its YU7 electric SUV, a key test for its ambitious $10 billion EV expansion.
Coming soon: A cheaper Tesla Model Y made in China to take on Xiaomi's SU7 sedan
Tesla plans to produce a more affordable version of its Model Y in Shanghai. The new model will be built using existing production lines and is set for mass production by 2026. This initiative aims to regain lost market share in China. Xiaomi's upcoming YU7 crossover could be a strong competitor.
Tata Motors marks return in Sri Lanka with all-new passenger vehicle portfolio
Tata Motors has launched a new range of passenger vehicles, including electric ones, in Sri Lanka, in partnership with DIMO. The company has introduced SUVs like Punch, Nexon, and Curvv, as well as its popular electric hatchback, Tiago.ev. Tata Motors' Head of International Business, Yash Khandelwal, expressed excitement about the launch.
The Mercedes-Benz G580 electric stays true to its roots
The electric vehicle (EV) variant of the G-Wagon deviates little from its conventional antecedents. Built like a tank yet imbued with the grace of a ballet dancer, the G580 EV is a luxury SUV like no other.
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Want to experience Bengaluru traffic? Sign up for this 4-day 'Chaar Jam Yatra' shared by ex-Infosys director Mohandas Pai
Bengaluru's traffic jams have inspired a viral post by Mohandas Pai, who humorously mocked the city’s gridlock with a fake tourism package. He highlighted key congestion spots like Outer Ring Road and Silk Board Junction, criticizing the government’s inaction. Some found the humor relatable, while others suggested solutions like reducing single-occupancy vehicles to ease the situation.
Jaguar Land Rover shelves plan to build EVs at Tata's India plant, sources say
Jaguar Land Rover has called off plans to produce electric vehicles at Tata Motors' new $1 billion factory in southern India due to difficulties in finding a balance between price and quality of locally sourced EV components and slowing demand for electric cars. This decision also impacts Tata's launch plans for premium Avinya EV models, originally scheduled for 2026-2027.
Varun Goel on 3 themes one can invest in this market
Varun Goel, Senior Fund Manager at Mirae Asset, highlights the attractiveness of lending, export-oriented sectors like IT and pharma, and low-ticket discretionary items for earnings growth in FY26. He emphasizes the potential revival in Indian markets due to factors such as rate cuts, tax benefits, and positive crop outcomes, predicting improved Nifty earnings.
Urvashi Rautela is the first actress to buy a rare Rolls Royce model. Ambanis, Shah Rukh Khan own this ultra-luxury car
Urvashi Rautela has become the first Indian actress to own a luxurious Rolls-Royce Cullinan, worth Rs 12 crore. Known for her roles in films like Daaku Maharaj, she also secured a spot on Instagram’s Forbes Rich list. Prominent personalities like Mukesh Ambani, Shah Rukh Khan, Vivek Oberoi, Ajay Devgn, and Allu Arjun also own this luxury SUV.
Mercedes to develop smart cars for global markets with China's Hesai lidar
Mercedes-Benz will develop smart driving cars for global markets, using Hesai's lidar sensors from China. Despite the heightened U.S.-China trade tensions, Mercedes chose Hesai for its cost-effectiveness and production capability. Hesai, China's largest lidar maker, also plans to establish overseas production lines next year to address tariff and logistics concerns.
Buy Maruti Suzuki, target price Rs 14,839: HDFC Securities
HDFC Securities recommends buying Maruti Suzuki India, setting a target price of Rs 14,839. The shift in company strategy, including aggressive new model launches and potential benefits from global EV production, could regain market share. Maruti Suzuki's Consolidated Total Income for the recent quarter is reported at Rs 39,822 crore, with a net profit of Rs 3,659.80 crore.
Cars24 expands into new cars with new digital platform
CARS24 has launched its new 'New Cars' platform in India, aiming to simplify the car-buying process with features such as real on-road prices, AI-powered video walkthroughs, and home test drives. The platform addresses the fragmented information and extensive efforts typically involved in purchasing a new car, promising transparency and convenience for buyers across the country.
Charge at home, cabin for pets: Elon Musk showcases re-designed Tesla's new model Y. Check price, specifications
Elon Musk has shared a video of re-designed Tesla's new Model Y on X, formerly known as Twitter. The Model Y offers innovative storage solutions with power-reclining seats and an expanded cargo capacity. The new Tesla model Y features improved connectivity with enhanced Bluetooth and the Tesla App for remote functionalities.
Takashi Nakajima named new President & CEO of Honda Cars India
Takashi Nakajima has been appointed as the new president and chief executive of Honda Cars India Ltd, effective from April 1. He will replace Takuya Tsumura, who is returning to Honda's Japan headquarters. Nakajima's experience spans multiple countries and roles in business planning, marketing, and product planning.
Why global EV giants like Tesla, BYD can't challenge India's Tatas and Mahindras: Anand Rathi report cites key reasons
India’s passenger vehicle market is unlikely to face major disruption from new competition in the near future. Reports suggest that global players like Tesla and BYD struggle with local regulations, pricing, and market dynamics. Despite government efforts to encourage electric vehicles (EVs), challenges such as high import duties and localisation requirements keep the sector largely dominated by homegrown brands. Experts argue that established Indian automakers hold a strong advantage, making it difficult for new entrants to gain ground.
Skoda Auto VW in talks with JSW & Tata Motors for e-car deal
Skoda Auto Volkswagen India is negotiating with JSW Group and Tata Motors for licensing agreements to manufacture electric cars. Talks with Mahindra & Mahindra remain unresolved. The company seeks cost savings and compliance with India's fuel efficiency norms. A deal could help Skoda VW locally produce EVs sooner, avoiding substantial self-funding investments.
Antilia bomb scare: HC dismisses ex-cop Sachin Waze's plea claiming illegal detention
The Bombay High Court ruled that Sachin Waze was not acting in his official capacity when he planted an explosives-laden car near Mukesh Ambani's residence and conspired to kill Mansukh Hiren, negating the need for state sanction before his arrest. The court dismissed Waze's petition claiming illegal detention.
Volvo Cars may move some production to US over Trump tariffs
Volvo may relocate some production to the U.S. depending on tariff changes but will continue plans to export the EX30 SUV made in Europe. CEO Jim Rowan indicated strategies are adaptable, with potential capacity shifts to the Charleston plant based on future tariff impacts.
Volvo to launch electric SUV EX30 in India this year: Official
Volvo is set to launch the fully electric SUV EX30 in India this year, aligning with its goal to achieve 90-100% electrified car sales by 2030. The company also plans to introduce the new XC60 model. Last year, 25% of Volvo’s sales in India were electric vehicles, comprising the XC40 and C40 models.
ET Awards for Corporate Excellence 2024: Meet the leaders driving innovation and impact
Celebrating 25 years of excellence, The Economic Times Awards for Corporate Excellence honours leaders and organizations transforming India's business landscape. This year's notable winners include Ashwini Vaishnaw, Kumar Mangalam Birla, Vishakha Mulye, Venu Srinivasan, Fareed Zakaria, Peyush Bansal, and entities like Mahindra & Mahindra, Zomato, and Grasim Industries.
Nissan Motor India total sales up 44.76% at 8,567 units in February
Nissan Motor India reported a 44.76% year-on-year increase in total sales for February 2025, reaching 8,567 units primarily due to a surge in exports. The company noted all powertrain options of its Magnite SUV are now E20-compatible, highlighting its commitment to future-ready mobility solutions. Domestic sales saw a slight decline.
Which car companies are in firing line of Trump's tariffs on Mexico, Canada?
The United States is set to implement proposed tariffs on Canada and Mexico, potentially affecting automakers like Audi, BMW, Ford, GM, and Toyota. The tariffs, which could be as high as 25%, would primarily impact vehicles and parts imported from Mexico to the U.S., with significant implications for production and trade in the auto industry.
Powered by SUVs, Mahindra outruns Hyundai to clinch silver in PV race
In February, Mahindra & Mahindra overtook Hyundai Motor to secure the second position in India's passenger vehicle market, driven by strong demand for its SUVs like XUV700 and Thar Roxx. Mahindra's sales surged 19% to 50,420 units, while Hyundai's sales declined by 5% to 47,727 units.
Why SUVs have begun to resemble trucks again
Sport utility vehicles are making a comeback with rugged designs, as seen in models like the Mercedes-Benz G-Class, Ford Bronco, and Jeep Wrangler. Nostalgia and outdoor lifestyles have driven this trend, with modern SUVs blending heritage and off-road capabilities. The pandemic spurred interest in these vehicles, which now offer a blend of classic design and modern features.
Maruti domestic PV sales marginally up; Hyundai, Tata report decline in Feb
Maruti Suzuki reported marginal growth in domestic sales for February, while Hyundai and Tata Motors saw declines due to muted demand. However, Mahindra & Mahindra, Toyota Kirloskar Motor, and Kia India experienced significant growth, driven by strong SUV and MPV sales. Royal Enfield and JSW MG Motor also posted substantial increases.
Why do SUVs look like trucks again?
A resurgence in rugged SUVs is transforming the market, with models like the Mercedes G-Class, Ford Bronco, and redesigned Toyota Land Cruiser leading the trend. These vehicles blend nostalgic design with modern technology, appealing to consumers' desire for both heritage style and contemporary functionality.
Kia India Feb sales up 23.8 pc at 25,026 units
Kia India reported a 23.8% increase in total sales for February, totaling 25,026 units compared to 20,200 units last year. The new compact SUV Syros saw 5,425 units sold, contributing to the boost. Other models including the Sonet, Seltos, Carens, and Carnival Limousine also showed strong sales.
General Motors' electric gains face critical test as Trump targets EV subsidies
General Motors has doubled its U.S. market share for electric vehicles to 12%, driven by an expanding EV lineup. However, potential challenges loom as political changes could impact EV subsidies. GM's commitment to an all-electric fleet is tested by continued reliance on profitable gasoline-powered trucks and SUVs, hindering its electrification goals.
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