Industry News

BMW India to hike car prices by up to 2% from April 1, 2026. Increase to impact BMW and MINI models across petrol, diesel and electric range.

Hero Electric faces liquidation after NCLT rejects revival plan. FAME-II subsidy halt, no buyers, and insolvency push EV maker towards shutdown in India.

The expanded KTM Premium Manufacturer’s Warranty replaces the previous two-year coverage offered on the majority of the models sold in the global market.

FASTag annual pass price will rise to Rs 3,075 from April 1 in India, and the revised rate will apply at national highway toll plazas with local pass facility.

Mercedes-Benz India will increase prices by up to 2% from April 1, 2026. Current prices stay valid for bookings and deliveries completed by March 31.

The upcoming price hike will affect ex-showroom prices across the entire lineup, including sedans and SUVs such as the Audi A4, A5, A6, Q3, and Q3 Sportback.

March discounts on the Ather scooters are up to Rs 20,000, including a credit card discount of Rs 10,000, a cash discount of Rs 6,500, and an extended components warranty worth Rs 3,500.

BYD reveals second-gen Blade battery with 5-minute charging from 10% to 70%. New LFP battery tech also brings higher energy density and a 1,500kW flash charger.

Passenger car retail sales in India climbed to 3.95 lakh units in February 2026, from 3.13 lakh units in the same month last year, marking a growth of 26.12% year-on-year.

Suzuki Motorcycle India posts 37% YoY growth in Feb 2026, crossing 1.23 lakh sales. Strong domestic demand and higher overseas shipments drive gains.