Pre-owned car market expected to touch 1.09 cr units by FY28: Report

Pre-owned car market expected to touch 1.09 cr units by FY28: Report

India’s pre-owned cars sales market is expected to reach 1.09 crore units with value more than doubling to USD 73 billion by FY28, according to the latest Indian Blue Book (IBB) report. In FY23, the pre-owned cars sales in India stood at about 51 lakh units. The domestic used car industry was valued at USD … Read more

21 Memorial Day Beauty Sales You Absolutely Do Not Want to Miss in 2024

21 Memorial Day Beauty Sales You Absolutely Do Not Want to Miss in 2024

Editor’s note: Sale prices reflect the highest discount available. Unless noted otherwise, no code is required for the following sales. Amazon is the place to shop for pretty much anything, but right now, the hair tools section is where it’s at. Save on the iconic Beachwaver in this stunning colorway or one of our favorite … Read more

Small cars will be big again, says Maruti Suzuki

Small cars will be big again, says Maruti Suzuki

Small cars sales in the local market will revive in the next couple of years on back of economic growth and improvement in income levels of customers at the entry-level, the country’s largest carmaker Maruti Suzuki said, adding it expects to capitalise on the growth in the segment going ahead with most competitors exiting the … Read more

Suzuki says will continue to expand SUV portfolio to recover market share in India

Suzuki says will continue to expand SUV portfolio to recover market share in India

New Delhi/Tokyo: Japanese car maker Suzuki Motor Corporation on Monday said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment. The company, which currently has around 58 per cent stake in Maruti Suzuki India, said its net sales increased by 732.6 billion yen (15.8 … Read more

India PV sales: Ignored by desis, small cars are driving Made in India ambitions elsewhere

India PV sales: Ignored by desis, small cars are driving Made in India ambitions elsewhere

The average Indian in 2024 might prefer to buy a tank-sized automotive beauty with all the frills over a smaller car. However, what the desis seem to be rejecting, are turning out to be the backbone of India’s car exports. The SUV breeze has affected the sales of smaller cars and sedans in India over … Read more

Nissan promises aggressive electrification push to cut costs, boost global sales

Nissan promises aggressive electrification push to cut costs, boost global sales

TOKYO: Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process, in what the Japanese automaker‘s chief called “The Arc” pathway to higher sales by 2030. “The auto industry is now being forced to reshape its values so we can say continuous change is … Read more

4.2 million car sales may blast their way to record

4.2 million car sales may blast their way to record

New Delhi: India’s car industry is on track for a record-breaking year, with sales expected to touch about 4.23 million vehicles, buoyed by a double-digit sales surge this month. The robust performance would cement India’s position as the world’s third-largest passenger vehicle market, staying ahead of Japan for the second year in a row. As … Read more

‘Money and roads’ make Volkswagen think premium for India

‘Money and roads’ make Volkswagen think premium for India

Rapid growth in the highway network, along with an increase in the spending power of consumers, is pushing up sales of vehicles in India, German automaker Volkswagen’s executive director, international sales, Michael Mayer, told ET. The company, he said, is invested in bringing more premium vehicles to strengthen its presence in this market. India has … Read more

Citroen: Citroen revamping India strategy to boost sluggish sales

Citroen: Citroen revamping India strategy to boost sluggish sales

French automaker Citroen is revamping its strategy to boost its sluggish car sales in India. A relatively new entrant to the Indian car market, Citroen plans to upgrade its entire portfolio, expand sales and service network by over threefold, and launch a new vehicle over the next one year, Aditya Jairaj, managing director and CEO, … Read more

Canon Wants to Achieve ‘Overwhelming Number One Share’ of Mirrorless Market by 2026

Canon Wants to Achieve ‘Overwhelming Number One Share’ of Mirrorless Market by 2026

According to Canon’s 2024 corporate strategy, the Japanese camera behemoth has several goals for the next two years, not the least of which is to “achieve overwhelming number one share in mirrorless camera market.” The strong language was used in a presentation at a corporate strategy conference from Go Tokura, Deputy Head of the Imaging … Read more