Business
Explore our curated collection of articles about Business. Stay informed with the latest stories, expert analysis, and in-depth coverage from Nxcar Content Hub, India's premier automotive content platform.
16 articles
Two-Wheeler Sales Hit Record 25 Million Units Amid Electric Shift
India's automotive industry news: India's two-wheeler industry has recorded its highest-ever annual sales of 25.2 million units in fiscal year 2025, surpassing the previous record set in 2019. The achievement comes...
Auto Component Sector Achieves Record Exports of $22 Billion
India's automotive industry news: India's automotive component industry has achieved record exports of $22 billion in fiscal year 2024, establishing the country as a critical node in global automotive supply chains...
Porsche Opens First India Manufacturing Facility for Select Models
India's automotive industry news: German sports car manufacturer Porsche has inaugurated its first Indian manufacturing facility, a semi-knockdown (SKD) assembly unit in Maharashtra that will produce the Macan and ...
Used Car Prices Crash 20% as New Vehicle Supply Normalizes
India's automotive industry news: The used car market is experiencing its sharpest price correction since the COVID-19 pandemic, with average prices falling approximately 20% from their peak in late 2022. The decli...
Bajaj Auto Partners with Triumph for Premium Motorcycle Manufacturing
India's automotive industry news: Bajaj Auto and Triumph Motorcycles have formalized a manufacturing partnership that will bring mid-capacity Triumph motorcycles to India at unprecedented price points. The collabor...
Car Insurance Premiums Rise 25% as Repair Costs Surge
India's automotive industry news: Motor insurance premiums in India have increased by an average of 25% over the past 12 months, with some categories seeing increases exceeding 40%. The surge reflects a fundamental...
Volkswagen Considering Exit from Indian Manufacturing Operations
India's automotive industry news: Volkswagen Group is reportedly reconsidering its India manufacturing strategy, with internal discussions examining whether to continue local production or transition to an import-o...
Honda Exits Small Car Segment in India, Focuses on Premium Vehicles
India's automotive industry news: Honda Cars India has discontinued production of the Amaze sedan and Jazz hatchback, effectively exiting the entry-level and compact car segments to focus exclusively on premium veh...
Kia India Launches Sixth Manufacturing Plant, Eyes Export Hub Status
India's automotive industry news: Korean automaker Kia has inaugurated its second manufacturing facility in India, with a combined investment of Rs 8,000 crore in Andhra Pradesh. The new plant will focus on electri...
Suzuki Announces Rs 10,000 Crore EV and Battery Investment in India
India's automotive industry news: Suzuki Motor Corporation has announced a Rs 10,440 crore investment to establish electric vehicle and battery manufacturing facilities in Gujarat, signaling the Japanese automaker'...
Mercedes-Benz India Records Best-Ever Sales, Luxury Segment Booms
India's automotive industry news: Mercedes-Benz India has recorded its highest-ever annual sales, delivering 18,245 vehicles in calendar year 2024—a 14% increase over 2023 and a clear indicator that India's luxury ...
Ola Electric Posts First Profitable Quarter, Announces New Factory
India's automotive industry news: Ola Electric, India's leading electric two-wheeler manufacturer, has reported its first-ever profitable quarter since inception, marking a significant milestone in the company's jo...
Global Chip Shortage Eases: Indian Car Waiting Periods Drop 50%
India's automotive industry news: After nearly three years of unprecedented semiconductor shortages that crippled global automobile production, the Indian automotive industry is finally seeing significant relief. A...
Hyundai India IPO: Largest Auto Sector Listing in Indian History
India's automotive industry news: Hyundai Motor India has officially filed its Draft Red Herring Prospectus (DRHP) for what is set to become the largest initial public offering in the Indian automotive sector and o...
Maruti Suzuki's First Electric Car Delayed to 2026, Stock Tumbles
India's automotive industry news: India's largest carmaker, Maruti Suzuki, has confirmed that its highly anticipated first electric vehicle will not launch until early 2026, missing its originally planned 2024 debu...
BYD Enters Indian Market with Three New Models, Challenging Local Players
India's automotive industry news: Chinese automotive giant BYD has officially launched its India operations with three new electric vehicle models, marking one of the most significant foreign entries into the India...