As the number of high-net-worth individuals rises and preferences shift towards top-end models and electric vehicles, India’s luxury car market is evolving rapidly.
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Production will begin in a phased manner and progressively increase to reach this capacity over the next 5-7 years
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Minister Athawale praised the plan, expressing support for electric vehicle initiatives that would provide sustainable livelihoods and employment for marginalised groups
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As electric vehicles (EVs) gain traction, challenges in infrastructure and battery supply loom large
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Company's domestic business witnessed 0.2 per cent YoY growth and 12.5 per cent MoM growth
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The upward revision in industry volume estimates for FY'2025 stems from better-than-expected offtake in Q1 FY2025 and anticipation of a continued uptick in demand in H2 FY2025
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The domestic sales for Mahindra's Commercial Vehicles stood at 21,092 units
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The company exported 26,003 units in the same month
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The total sales includes 6,283 units of Eicher brand and 260 units of Volvo brand
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Kia Sonet emerged as the top selling among the Kia product line-up with 10,073 units sales
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