luxury car market

Tesla has initiated the certification and homologation process for the Model Y and Model 3 in India as required to enter the market. The Indian EV market is growing, with sales increasing by 20%, due to government initiatives and subsidies.

Chinese customers who once flocked to Tesla are turning more and more to local brands that offer more efficient cars with better technology, sometimes at half the price

Mumbai remains a more expensive market in India compared to Delhi and Bengaluru, but globally falls behind cities like Monaco and Hong Kong. Despite this, the affordability in USD terms has improved due to a strengthening dollar, enabling buyers to acquire more space in Indian cities.

Zion Williamson has amassed a net worth of $46.1 million by 2025. His earnings come from his NBA salary and endorsements with brands like Nike, Gatorade, and 2K Sports. He owns luxury cars and a mansion in North Carolina. Williamson is also known for his charitable contributions, including support during the COVID-19 pandemic.

Bollywood superstar Akshay Kumar has sold his apartment in Borivali East, Mumbai, for Rs 4.35 crore, as per property registration documents from the Inspector General of Registration (IGR). The apartment is located in Sky City, a luxury residential project developed by Oberoi Realty and spread across 25 acres. The apartment, featuring a carpet area of 1,073 sqft (99.71 sqm), includes two car parking spaces.

A couple from Punjab was arrested for a multi-level marketing scam involving fake cloud space rental promises, resulting in over Rs 3,500 crore defraud. The ED seized 26 luxury cars and other assets. They were traced to Nepal and arrested in India. Funds were siphoned into shell companies and personal ventures, prompting a comprehensive investigation.

Elon Musk’s Tesla cars in India: The US government is urging India to lower import tariffs on automobiles, which currently reach up to 110%. This reduction is crucial for Tesla's market entry in India.

In 2025, various reimagined classic Air Jordans will be launched, including special editions like 'Doernbecher' AJ6. These models will feature modern designs and elements while paying homage to the classics, appealing to both collectors and sneaker enthusiasts.

Car ownership in Gujarat has seen a significant rise, tripling in the past 15 years due to increased financial accessibility, economic growth, and evolving aspirations. As of today, one in 16 people owns a car, and every third person owns a two-wheeler, with aggressive bank funding playing a key role.

In a world where being a billionaire is no longer rare, a new financial elite has emerged– the super-billionaires. These are individuals worth $50 billion or more, and they’re not just building wealth; they’re reshaping industries, influencing global markets, and pushing the boundaries of technology, luxury, and finance. Delve in and read on to know who made it to the list!

Tata Motors' shares have dropped 44%, losing Rs 1.9 lakh crore in market value. This decline is mainly due to weak demand for Jaguar Land Rover, especially in China, the UK, and the EU. Analysts suggest this correction could be a buying opportunity, urging long-term investors to consider potential recovery despite ongoing macroeconomic challenges.

Lewis Hamilton, a seven-time Formula 1 World Champion, has transitioned to Ferrari in 2025, significantly increasing his earnings. With an annual salary of $60 million and numerous high-profile endorsements, his net worth stands at $300 million. Hamilton remains dedicated to philanthropy and investing in sustainable ventures.

A viral video has surfaced showing a Rs 2.6 crore Alef Model Zero flying car effortlessly gliding above traffic. Created by Alef Aeronautics, the electric car features an innovative propulsion system. Skeptics question the authenticity and practicality of the footage, but the flying car has generated over 3,000 pre-orders, igniting curiosity about the future of urban transport.

Max Verstappen has a net worth of approximately $200 million, backed by a $55 million annual salary, endorsements from brands like Heineken and EA Sports, and strategic investments. Residing in Monaco, Verstappen enjoys a luxurious lifestyle and engages in philanthropy. His rising success continues to break records in Formula 1.

Volvo's upcoming ES90 will feature dual Nvidia Drive AGX Orin chips, making it the most powerful car in terms of computing capacity.

PUBG Mobile 3.7 update introduces a new themed mode, Golden Dynasty, and an expansive 8x8 km map called Rondo. Highlights include new weapons like the JS9 submachine gun, various new vehicles, and significant updates to Arena and Metro Royale modes. The update also brings enhancements to gameplay mechanics, world maps, and the Home system.

Honeymoons are a milestone celebration, and so it’s no surprise that couples are willing to splurge on it. According to a survey by WedMeGood, 31% of couples plan to spend over 5 lakh rupees on their honeymoon.

Floyd Mayweather is set to venture into NFL ownership, aiming to purchase a 10 percent stake in the New York Giants, worth $700 million. He is collaborating with real estate mogul Meyer Orbach, who holds a significant share in the NBA's Minnesota Timberwolves.