Surat, November 5: Hyundai unveiled its all-new Venue in a multi-location launch across Navjivan Hyundai showrooms in Udhna, Adajan and Parvat Patiya, drawing strong interest from customers eager for the brand’s latest compact SUV. The vehicle was introduced in the presence of Navjivan Hyundai directors Deepak Gajjar and Hitesh Gajjar, alongside PI V. A. Jogarana from Adajan and PI V. R. Rabari from Khatodara.

The all-new Venue will be offered with both petrol and diesel engine options paired with manual or automatic transmissions. Hyundai is highlighting a safety suite featuring more than 60 safety features and six airbags, complemented by a 12.3-inch HD infotainment system and over 70 Blue Link connected features. The company also emphasised a spacious passenger cabin with ample legroom and headroom, plus a sunroof. Advanced driver assistance is available with ADAS Level 2, which the dealership said bundles 21 safety functionalities.

Navjivan Hyundai’s general manager Kaushik Jariwala provided an overview of the model during the launch programme, noting the combination of comfort, connectivity and protection designed for urban and highway use. Interested customers can contact Navjivan Hyundai at 9376693766 for further information or test-drive enquiries.

New Delhi, September 6 – Mahindra & Mahindra has announced a price cut of up to Rs. 1.56 lakh on its passenger vehicles, passing on the benefit of the recent reduction in GST rates to customers. The company said on Saturday that the revised pricing follows the decisions taken during the 56th GST Council meeting held on September 3, 2025.

According to Mahindra, the revised prices for all applicable ICE vehicles are effective from September 6, 2025, and will be updated transparently across dealerships and digital platforms. As per agency report, the company has reduced the price of the Bolero/Nio range by Rs. 1.27 lakh, the XUV3XO petrol by Rs. 1.4 lakh, the XUV3XO diesel by Rs. 1.56 lakh, the Thar 2WD diesel by Rs. 1.35 lakh, the Thar 4WD diesel by Rs. 1.01 lakh, and the Scorpio Classic by Rs. 1.01 lakh. The Scorpio-N has seen a reduction of Rs. 1.45 lakh, the Thar Roxx by Rs. 1.33 lakh, and the XUV700 by Rs. 1.43 lakh.

Renault India has also confirmed price cuts of up to Rs. 96,395 across its vehicle range to reflect the GST rate reduction. The company announced that the revised prices will apply to deliveries made on or after September 22, 2025, when the new GST slabs of 5 percent and 18 percent come into effect. Customers can immediately begin booking their Renault cars at updated prices through dealerships nationwide.

Renault India’s Managing Director Venkatram Mamillapalle said that the move underscores the company’s commitment to ensuring customers fully benefit from GST 2.0. He noted that the timely decision will not only make Renault cars more affordable but also boost demand during the upcoming festive season.

The company added that the price of its entry-level Kwid has been cut by up to Rs. 55,095, the Triber by up to Rs. 80,195, and the Kiger by up to Rs. 96,395. Renault expects the price adjustment to enhance the appeal of its models, particularly during the festival period, when sales traditionally see an uptick.

New Delhi, May 1 — Kia India reported an 18 percent year-on-year increase in its domestic sales for April 2025, with total dispatches reaching 23,623 units. As per agency report, the automaker had sold 19,968 units in April 2024.

In a company statement, Kia India said the compact SUV Sonet led the sales charts with 8,068 units sold, followed by the mid-sized SUV Seltos with 6,135 units. The Carens registered 5,259 units in sales, while the newly launched Cyros recorded an impressive 4,000 units. The premium MPV Carnival Limousine contributed 161 units to the overall figures.

Hardeep Singh Brar, Senior Vice President and Head of Sales and Marketing at Kia India, stated that the company is focused on delivering progressive, customer-centric mobility solutions aligned with evolving consumer aspirations.

The automaker also announced that it is gearing up to unveil its new offering, the Kia Clavis, on May 8. According to the company, this innovative product aims to set new benchmarks in the segment and is designed to cater to the diverse needs of Indian consumers.

New Delhi, April 21 – Hyundai Motor India announced on Monday that Sports Utility Vehicles (SUVs) accounted for 68.5 percent of its total vehicle sales in the financial year 2024-25, reflecting a sharp shift in consumer preference towards this segment. The figure marks an eight percent rise in SUV contribution compared to the previous financial year.

As per agency report, the automaker’s total sales for the year stood at 7,62,052 units, slightly lower than the 7,77,876 units sold in 2023-24. Out of this, domestic sales accounted for 5,98,666 units while exports contributed 1,63,386 units.

Hyundai expects the share of SUVs in its overall sales to cross the 70 percent mark in the coming year, buoyed by strong demand and evolving market trends. The company also observed a significant surge in consumer preference for vehicles equipped with premium features. Notably, sales of models with sunroof installations grew by 53 percent, indicating rising aspirations for enhanced comfort and luxury among Indian buyers.

Tarun Garg, Chief Operating Officer of Hyundai Motor India, described FY 2024-25 as a landmark year for the company. He stated that two out of every three Hyundai vehicles sold in India during this period were SUVs.

Among its models, the Creta emerged as the best-selling vehicle in the domestic passenger vehicle segment for March 2025, with sales of 18,059 units.

New Delhi, April 2 – Maruti Suzuki India (MSI), the country’s largest car manufacturer, has announced that it will increase prices across several of its models starting April 8, with hikes ranging between Rs 2,500 and Rs 62,000.

As per agency report, the company informed stock exchanges on Wednesday that the decision has been driven by rising input costs, operational expenses, regulatory changes, and the inclusion of new features in vehicles. Despite efforts to absorb a significant portion of the cost pressures, Maruti Suzuki stated that it is now compelled to pass on some of the burden to customers.

The price adjustment will vary depending on the model. The compact SUV Fronx will see an increase of Rs 2,500, while the Dzire Tour S will become costlier by Rs 3,000. Multi-purpose vehicles XL6 and Ertiga will see a hike of Rs 12,500.

Additionally, the price of the compact model Wagon R is set to rise by Rs 14,000, and the Eeco van by Rs 22,500. The company emphasized its commitment to maintaining cost-efficiency and minimizing the impact on customers, even as it navigates escalating manufacturing and compliance costs.

New Delhi, March 28 – India’s used car market has been growing steadily at a rate of 10 to 12 percent annually over the past two to three years and is now poised to surpass the new car market in sales volume by the financial year 2025-26. Industry insiders attribute this growth to rising consumer demand, which has also led to a steady increase in the average prices of used vehicles.

According to Neeraj Singh, Founder and CEO of used car platform Spinny, the value of the used car market in India is expected to reach $40 billion in FY26, with estimated sales volumes between 6.5 to 7 million units. This would outpace the new car market, which currently stands at around $43 billion and reached a historic high of 4.2 million vehicle sales in FY24. The new car segment is projected to grow marginally by one to two percent, reaching around 4.5 to 4.6 million units in FY26.

Cities like Bengaluru, Hyderabad, and Pune are seeing particularly strong growth in used car sales. Singh highlighted that the most notable surge in demand has been for vehicles in the ₹6 to ₹8 lakh price range, especially compact SUVs, which appeal to buyers due to their performance, spaciousness, pricing, and aspirational value.

This increased demand has also pushed up the average transaction price in the used car market. Singh noted that the average selling price of used cars in India currently ranges between ₹4.5 to ₹5 lakh and has risen by 10 to 15 percent over the past two to three years. Budget cars priced between ₹3 to ₹5 lakh have seen a price increase of around 10 to 12 percent, while mid-range vehicles in the ₹5 to ₹10 lakh bracket have experienced a 14 to 16 percent jump. Premium models and SUVs have registered the sharpest price hikes.

The expansion of the used car market is expected to have a positive ripple effect on allied sectors such as tyres and vehicle financing. Singh also projected a robust compound annual growth rate (CAGR) of 12 to 13 percent in the used car segment over the next seven to eight years, indicating sustained momentum in consumer preference for pre-owned vehicles across urban India.

New Delhi, March 23 : Beginning April 2025, most major automobile companies in India are set to increase the prices of their cars. Faced with rising production and operational costs, leading automakers including Maruti Suzuki, Mahindra & Mahindra, Hyundai, Tata Motors, and others have announced plans to hike vehicle prices across various models.

Maruti Suzuki India, the country’s largest passenger car manufacturer, has stated that it will increase prices of its entire range of models by up to four percent starting next month. The company’s offerings span from the entry-level Alto K10 to the premium multi-purpose vehicle Invicto, priced between Rs 4.23 lakh and Rs 29.22 lakh (ex-showroom, Delhi).

Hyundai Motor India, a key competitor of Maruti, has also confirmed a price hike of up to three percent from April 2025. The company cited increased raw material and operating costs as primary reasons for the decision.

Tata Motors is also set to raise prices across all its passenger vehicles, including electric models, making this the second price revision announced by the company in 2025. Similarly, Mahindra & Mahindra plans to increase the prices of its SUVs and commercial vehicles by up to three percent starting April.

Other manufacturers including Kia India, Honda Cars India, Renault India, and BMW have also announced price hikes across their lineups from next month.

As per agency report, Deloitte Partner and Automotive Sector Leader Rajat Mahajan explained that carmakers in India typically raise prices twice a year—once at the beginning of the calendar year and again at the start of the fiscal year. He noted that the extent of the hike often depends on currency fluctuations, as importing components becomes costlier when the Indian rupee weakens against the US dollar. Over the past six months, the rupee has depreciated by approximately three percent against the dollar, impacting sectors that rely heavily on imports.

Mahajan added that declining demand for entry-level vehicles, especially among first-time buyers and rural consumers, has further pressured automakers’ profit margins. With consistent additions of new features in vehicles, production costs have been steadily rising, prompting companies to adjust prices accordingly.

He emphasized that original equipment manufacturers (OEMs) are mindful of the price-sensitive nature of the entry-level segment and usually exercise caution when raising prices in this category.

Rohan Kanwar Gupta, Vice President and Sector Head at ICRA Corporate Ratings, stated that such price hikes are commonly implemented at the start of a new calendar or fiscal year to help offset inflationary pressures and increased operational costs due to rising commodity prices.

New Delhi, March 18 – Kia India has announced a price hike of up to three percent on its vehicles starting April 1, 2025, citing increased production and supply chain costs. The decision comes as the automaker seeks to manage rising material expenses and maintain its commitment to delivering high-quality vehicles.

As per agency report, the company attributed the price adjustment to the growing costs of raw materials and supply chain logistics, which have significantly impacted the automobile industry. The increase will be applicable across all Kia models available in the Indian market.

Hardeep Singh Brar, Senior Vice President of Sales and Marketing at Kia India, stated that while the company remains dedicated to offering exceptional value and quality to customers, the rising costs necessitate this revision. He emphasized that Kia has always aimed to provide competitively priced vehicles but now finds it essential to adjust prices to sustain the production of technologically advanced and high-quality cars.

Brar acknowledged that price hikes can be challenging for customers but assured that the adjustment is necessary to maintain Kia’s standard of innovation and excellence. The increase will affect all models under Kia India's lineup from the beginning of April.

New Delhi, December 8: Vehicle manufacturers in India have announced price hikes across various car models starting January 2025, attributing the increase to rising input and operational costs. However, industry experts believe this yearly practice also aims to boost December sales, as buyers often defer purchases to the new year.

Rajat Mahajan, Partner at Deloitte India, explained, "Price hikes are typically observed at the beginning of a calendar or financial year, although some manufacturers time increases based on planned launches."

Rohan Kanwar Gupta, Vice President and Sector Head (Corporate Ratings) at ICRA, added, "Automakers generally increase prices in January to offset operational cost pressures stemming from inflation and rising commodity prices. Many manufacturers have already announced price adjustments for similar reasons."

Announcements by Major Automakers:

• Maruti Suzuki: India’s leading carmaker, selling models from the Alto K10 to the Invicto, has attributed the hike to escalating input and operational costs.
• Hyundai Motor India: Plans to raise prices by up to ₹25,000 across its model range from January 1, 2025.
• Mahindra & Mahindra: Announced a 3% price increase for its SUVs and commercial vehicles to address rising inflation and commodity prices.
• MG Motor India: Will implement up to a 3% increase across all models, citing higher input costs and external factors.
• Honda Cars India: Considering price hikes, though the exact increase has yet to be finalized.
• Luxury Car Segment:
  • Mercedes-Benz India: Plans a 3% price hike starting January.
  • Audi India: To increase prices across its range by up to 3%, citing rising input and transportation costs.
  • BMW India: Also planning a 3% price increase across its portfolio.

Industry experts note that passenger vehicle manufacturers are offering significant discounts on existing models to reduce inventory levels. The planned hikes come as a balancing act to offset rising costs while maintaining competitiveness in a price-sensitive market.

New Delhi, December 1: Major automakers Maruti Suzuki India, Tata Motors, and Toyota Kirloskar Motor reported growth in domestic passenger vehicle (PV) sales in November, driven by the ongoing wedding season, strong demand in rural markets, and the rising popularity of SUVs. However, Hyundai Motor India Limited (HMIL) saw a slight dip in its domestic sales.

Maruti Suzuki India Reports 5% Growth

Maruti Suzuki India registered a 5% increase in PV sales, with 141,312 units sold in November compared to 134,158 units in the same month last year. Senior Executive Officer for Marketing and Sales, Partho Banerjee, attributed this growth to factors such as the wedding season, increased demand in rural areas, and limited edition models. The company’s rural outreach grew by 2.2% to 48.7% this year.

While rural demand remained strong, urban sales showed a slowdown. “Urban customers often wait for December for better year-end offers,” Banerjee added.

• Small cars such as Alto and S-Presso sold 9,750 units in November, slightly down from 9,959 units last year.
• Compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, Tour S, and WagonR, saw a decline in sales to 61,373 units from 64,679 units last year.
• SUVs and multipurpose vehicles like Brezza, Ertiga, Grand Vitara, and XL6 surged to 59,003 units, up from 49,016 units.
• The Eeco van recorded sales of 10,589 units, up from 10,226 units.
• Light commercial vehicle Super Carry saw sales rise to 2,926 units from 2,509 units.

Tata Motors and Toyota See Gains

Tata Motors reported a 2% increase in domestic PV sales, including EVs, with 47,063 units sold in November compared to 46,068 units last year.

Toyota Kirloskar Motor (TKM) recorded a robust 44% growth in overall sales, reaching 25,586 units compared to 17,818 units in the same period last year. Sabri Manohar, TKM’s Vice President, highlighted their diverse portfolio catering to various lifestyles.

Hyundai and MG Motor Witness Mixed Results

Hyundai Motor India’s domestic sales declined by 2% to 48,246 units from 49,451 units last year. Its exports fell by 20% to 13,006 units in November. Despite this, the company achieved its highest-ever monthly rural contribution at 22.1%, reflecting deeper penetration into rural markets.

MG Motor India recorded a 20% increase in wholesale sales, with 6,019 units sold in November. The company’s electric crossover utility vehicle, Windsor, maintained strong performance with 3,144 units sold for the second consecutive month.

The overall performance in November highlights the varying dynamics of urban and rural markets, with SUVs and electric vehicles emerging as significant growth drivers.

New Delhi: Maruti Suzuki India Limited (MSIL), the country’s leading car manufacturer, has announced an immediate reduction in the prices of select variants of its popular Alto K10 and S-Presso models. The new prices came into effect on Monday.

In a notification to the stock exchanges on Monday, Maruti Suzuki confirmed the price cuts, stating that the S-Presso LXi petrol variant will see a reduction of ₹2,000, while the Alto K10 VXi petrol variant will be cheaper by ₹6,500. This move comes just a day after the company reported a nearly 3.9% drop in sales for August 2024.

The company revealed that it sold 181,782 units in August 2024, compared to 189,082 units in the same month the previous year. The total sales figure includes 145,570 units sold domestically and 26,003 units exported. The price adjustment is seen as a strategic response to counteract the declining sales trend, aiming to boost consumer interest in these models.

Mumbai (Maharashtra) [India] May 1: Epitome Cars, a new venture led by industry veteran Steven Sweeney, recently celebrated its grand opening in Mumbai on Saturday, April 27th, 2024. The event marked the launch of their premium pre-owned car dealership, offering a curated selection of luxury cars with complete peace of mind for discerning buyers. The launch was headlined by renowned Indian professional boxer Neeraj Goyat as the chief guest, setting the tone for a star-studded celebration.

Epitome Cars caters to a clientele seeking a luxurious pre-owned car buying experience that prioritises transparency and trust. Every car in their collection undergoes a rigorous inspection process to ensure 100% genuine kilometres driven and a non-accidental history. Buyers can also enjoy the peace of mind that comes with a 6-month warranty on the engine and transmission, an assured 12-month buyback option, and access to exchange, insurance, and financing facilities.

A Grand Celebration Befitting the Luxury Experience

The launch event kicked off in style with a ceremonial ribbon-cutting ceremony at the new Epitome Cars showroom, located at Shop No. 1, Ground Floor, Amrapali CHS Bima Nagar, Teli Gali, Andheri-East 69. This was followed by an exclusive sundowner party held at the Sun-n-Sand Hotel (39, Juhu Beach, Chand Society, Juhu, Mumbai 400049). The event attracted Btown celebrities, including Niharica Raizada (Suryavanshi and IB71), Gayathiri Iyer (Naagin 6), and Shaurya Khare, adding further glamour to the festivities.

A Showcase of Premium Pre-Owned Luxury Cars

The grand opening wasn’t just about celebrating a new venture but also a chance for Epitome Cars to showcase its impressive collection of premium pre-owned cars. The showroom featured a stunning display of iconic brands, including the sophisticated Range Rover Vogue, the ever-popular Mini Cooper, and the range of powerful Mercedes Benz like the luxurious V-Class. Also includes the Head-Turning Super SUV, G63 AMG, along with the performance variant of the Volvo S60 Polestar. This diverse selection catered to a variety of tastes and budgets, offering something for every discerning luxury car enthusiast.

Epitome Cars: Redefining the Pre-Owned Car Experience in Mumbai

Epitome Cars aims to redefine the entire buying experience in Mumbai. Its commitment to quality, transparency, and customer satisfaction ensures that every buyer finds the perfect car with complete peace of mind. The launch event was a resounding success, garnering support from prominent figures in the Indian entertainment industry, including Actor Amit Sadh, legendary Actor Jackie Shroff, Rapper Mellow Mellow, Aly Goni and Actor Rishabh Sawhney (Fighter) on their social media by sharing a heartfelt congratulation note. This support signifies the brand’s potential to become a leading player in Mumbai’s luxury pre-owned car market.

Setting A New Standard for Pre-Owned Luxury

With quality, transparency, and exceptional customer service promise, Epitome Cars is poised to become a trusted destination for discerning buyers seeking pre-owned luxury vehicles in Mumbai. The company’s focus on curated collections, rigorous inspections, and comprehensive warranties ensures a stress-free and rewarding car buying experience. The grand opening event was a fitting introduction to this exciting new venture, and it leaves car enthusiasts eagerly anticipating the future of Epitome Cars.

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