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Hyundai Motor India Ltd has been hit hard by the waning popularity of hatchback cars in India. Its domestic sales volume fell by 4% year-on-year in the March quarter (Q4FY25) led by a steep 18% drop in hatchback volumes. Export volumes saved the day, clocking 14% growth, keeping the company’s total volume largely stable at…
RPG Enterprises’ Chairman Harsh Goenka on Wednesday, April 23, compared buying gold against spending money on other depreciating assets like a car, a phone, or a vacation, according to a social media post on X. Also Read | Harsh Goenka impressed by Shanghai’s gold ATM, warns Indian lenders Sharing an example from his personal life,…
Rising food inflation and falling wages have prompted urban consumers to hold back their car purchase plans in FY25, as evidenced by muted sales in the mass-market segment. However, the wealthy class continued their luxury shopping spree, with demand for premium cars remaining strong throughout the fiscal year. Luxury carmakers sold 51,406 units in FY25,…