Tesla’s long-awaited entry into the Indian electric vehicle market is expected to shake up the premium segment, as industry experts anticipate stiff competition and evolving dynamics in the luxury EV space.Speaking in a panel discussion with CNBC-TV18, Vivek Vaidya, Associate Partner at Frost & Sullivan, said Tesla’s arrival could give a “run for their money…
Elara Capital expects India’s two-wheeler industry to grow at a faster clip than passenger vehicles (PVs) and commercial vehicles (CVs) in financial year ending March 2026, driven by rural recovery and healthy festive demand.“We remain positive on the two-wheeler space and our pecking order would be TVS Motor and Bajaj Auto,” said Jay Kale, Executive…
1 / 10 EV Debut: Kia has launched the Carens Clavis EV in the Indian market. The seven-seater electric MPV is available in four variants, priced between ₹17.99 lakh and ₹24.49 lakh (ex-showroom). This is Kia’s first made-in-India mass-market electric vehicle. Bookings for the Carens Clavis EV will begin on July 22, with deliveries expected…
A day after Tesla officially entered the Indian market, Maharashtra Deputy Chief Minister Eknath Shinde drove a Tesla Model Y outside Vidhan Bhavan in Mumbai on Wednesday.Transport Minister Pratap Sarnaik accompanied him as a passenger during the ride, which drew attention from legislators, reporters, and officials present at the scene. ◻️LIVE????मुंबई ????️ 16-07-2025 …
Analysts say a GST cut could reset the growth base for autos and trigger earnings upgrades, but questions remain on whether the boost will last. 4 Min Read BNP Paribas analyst Kumar Rakesh told CNBC-TV18 that a price cut could reset the base for the industry and lead to sizable earnings upgrades. “Historically, we have…
Homegrown commercial vehicle manufacturer Tata Motors, on Wednesday, launched the Tata LPT 812, a 4-tyre truck in the Intermediate, Light, and Medium Commercial Vehicles (ILMCV) segment.The company claims it to be India’s first 4-tyre truck with a 5-tonne payload capacity, offering the strength of a 6-tyre vehicle alongside the efficiency, manoeuvrability, and lower maintenance of…
Shares of automobile manufacturer Renault SA, fell as much as 18% on Wednesday, July 17, after the company slashed its profitability and margin guidance for the full year.This is the biggest single-day fall in the stock since March 2020, which marked the onset of the Covid-19 pandemic. Renault cut its guidance for this year’s operating…
Ford is recalling 694,271 crossover SUVs in the United States due to a fuel leak issue that could increase the risk of a fire, the U.S. National Highway Traffic Safety Administration said on Wednesday, following a year-long investigation.The NHTSA said fuel injectors in affected vehicles may crack, causing fuel to leak into the engine compartment…
Homegrown automaker Maruti Suzuki, on July 16, 2025, announced that six airbags will now be a standard feature in its Ertiga and Baleno models.The move, effective immediately, will result in an average ex-showroom price increase of 1.4% for the Ertiga and 0.5% for the Baleno, revealed the company in a regulatory filing. This step aligns…
Homegrown automaker Maruti Suzuki, on Wednesday, launched its new compact sport utility vehicle (SUV), the Victoris, as the flagship model for its Arena channel.Positioned between the Brezza and Grand Vitara, the Victoris will be offered with multiple powertrain options, including petrol, mild-hybrid, strong-hybrid, CNG with an underbody-mounted tank, and all-wheel drive variants. The biggest headline…
