AUTOMOBILES
Range Rover Unveils Ultra-Luxurious SV Masāra Edition in India, Limited to 12 Units at ₹4.99 Crore
The edition is named after the Sanskrit term Masāra, as a nod to Range Rover's intention to connect with Indian history and cultural heritage.
Ola Electric Slips to 3rd as May EV Scooter Sales Plunge 51%
The electric two-wheeler (E2W) segment as a whole, however, witnessed strong momentum during the month, with overall retail sales reaching 100,266 units, according to government portal Vahan's data.
Nissan Strengthens India Presence with €700 Million Investment Despite Stake Divestment
This capital injection is expected to back the launch of various new models between 2025 and 2027, highlighting Nissan's long-term growth vision in India.
Kia Carens Clavis Debuts in India with Starting Price of ₹11.49 Lakh
Bookings for the model had opened from 9 May. Available in seven different variants, the Carens Clavis features three engine options and eight exterior colors to choose from.
Toyota Unveils All-New Sixth-Generation RAV4
Sitting on a revised version of its predecessor platform, the new RAV4 is sold only in hybrid (HEV) and plug-in hybrid (PHEV) flavors with no regular petrol-only variant offered. A sporty GR Sport version will also be offered.
Honda Rebel 500 Cruiser Launched in India at ₹5.12 Lakh
The cruiser is priced at ₹5.12 lakh (ex-showroom, Gurugram) and is available for booking at a selection of BigWing Topline showrooms present in Gurugram, Mumbai, and Bengaluru. Deliveries will commence in June 2025.
Norton Motorcycles, Under TVS Ownership, Set to Launch in India by 2025 with 6 New Models by 2027
TVS bought Norton for Rs 153 crore and has already invested more than Rs 1,000 crore in the brand. The money has gone into product development, research and development, and building a new factory in Solihull, UK, which has the potential to make about 8,000 bikes every year.
Global Auto Giant Hit by Tariffs, Reports 21% Drop in Profits
The largest automaker in the world anticipates earnings of 3.8 trillion yen ($26 billion) for the fiscal year ending now, down from 4.8 trillion yen in the just-concluded fiscal year. The forecast is consistent with the 4.75 trillion yen average estimate of 25 analysts polled by LSEG.
India Set to Hit 123 Million EVs on Roads by 2032, Says Report
Released in collaboration between the India Energy Storage Alliance (IESA) and Customised Energy Solutions (CES), the report highlights the important role EVs will be in enabling the nation to achieve its net-zero emissions goal by 2070.
Ola Electric Postpones Roadster X Deliveries Again as Shares Slide Over 43%
In a stock exchange filing, the company said deliveries will now start in May 2025 after originally specifying April as the delivery month after the missed mid-March deadline.
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