German auto supplier ZF Friedrichshafen has reported a €1 billion loss in 2024, citing intensified trade tensions, weak demand, rising competition from China, and the high costs of EV transition as key challenges.
In India, affluent individuals are often seen traveling in convoys of ultra-expensive and rare luxury vehicles. Due to their high profile, many of these individuals request state-provided security, which grants them police protection. Traditionally, security personnel are assigned older government-i...
Starting April, car prices in India are set to rise as leading automakers, including Maruti Suzuki, Mahindra & Mahindra, and Hyundai, announce price hikes. The increase is attributed to rising input costs, currency fluctuations, and operational expenses.
M...
The Indian auto ancillary sector is a critical part of the country’s automotive ecosystem, supplying essential components to vehicle manufacturers both domestically and internationally. The market was valued at approximately ₹6.14 trillion in FY24 and is projected to grow at a CAGR of 10.67% from FY...
India's luxury car market is experiencing unprecedented growth, with supercar demand reaching new heights. The rise of the ultra-rich and a growing appetite for high-end automobiles have fueled strong sales for brands like Lamborghini, Rolls-Royce, Porsche, Mercedes-Maybach, and other premium manufa...
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