According to validated industry data from the Federation of Automobile Dealers Associations (FADA) and dealer bodies, the Indian automotive market saw a 15% year-on-year increase in retail sales in December 2025. This growth spurt was primarily fueled by government GST cuts on small cars and SUVs, prompting consumers to buy...
India Expands EV Incentives
India is set to revamp its electric vehicle incentive policy, expanding opportunities for automakers to invest in electric vehicle production. The new approach, expected to be finalized by March 2025, represents a significant shift in the country's strategy to promote EV manufacturing. Previously, the policy primarily incentivized automakers to build...
Global Automakers Seek Partnerships and Mergers in India
Germany's Volkswagen and India's Tata Motors signed a memorandum of understanding to develop components, and possibly new vehicles. Volkswagen's Skoda Auto AS will join the project on behalf of the German automobile group. Volkswagen CEO Matthias Mueller said the partnership would help it "achieve sustainable and profitable growth in very different...
Auto sales rise 31 percent in 2010, will continue at 15 percent or better in 2011
The Society of Indian Automobile Manufacturers (SIAM) reported that 2010 sales climbed to 1.87 million cars from 1.43 million in 2009, a breathtaking increasing of 31 percent. Car sales are projected to rise to 3 million units a year by 2016, according to SIAM. Growth will not be as high...
Toyota India thrives, among chaos in other markets
While Toyota is under pressure for its brake and gas pedal recalls worlwide, the situation in India seems much rosier. Toyota is reaching out to Indian consumers with a four-month promotional tour of 10 cities launched last month. Its venture there, Toyota Kirloskar Motor, expects its sales to reach 65,000...