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India's Luxury Car Market May Reach 5% Share by 2030: BMW India

India's Luxury Car Market May Reach 5% Share by 2030: BMW India

autherKiran Murali     calendar08 Apr 2026

The segment currently accounts for roughly 2-2.5% of the overall market when defined as vehicles priced at ₹40 lakh and above.

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Varroc Engineering Appoints Avijit Roy as Group Chief Human Resources Officer
Varroc Engineering Appoints Avijit Roy as Group Chief Human Resources Officer

autherSarthak Mahajan calendar08 Apr 2026

Varroc Engineering names a senior HR leader with over 27 years of automotive and manufacturing experience to head its ...

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BMW India Flags Impact of West Asia War on Luxury Car Market Demand
BMW India Flags Impact of West Asia War on Luxury Car Market Demand

By Kiran Murali and Mugdha Mishra calendar08 Apr 2026

India President & CEO Hardeep Singh Brar said the impact is felt earlier in the luxury car market because its customer...

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Kia India Crosses One Lakh Paid Renewals for Connected Car Subscription Service
Kia India Crosses One Lakh Paid Renewals for Connected Car Subscription Service

autherSarthak Mahajan calendar08 Apr 2026

Retention rate surpasses 30% as Kia Connect transitions from a complimentary offering to a paid subscription model, si...

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JBM Auto Captures 24% of India's Electric Bus Market in FY26
JBM Auto Captures 24% of India's Electric Bus Market in FY26

autherShruti Shiraguppi calendar08 Apr 2026

Company registers 1,282 e-buses across five states, holds over 79% share in electric tarmac buses and 50% in intercity...

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BMW Group India to Launch 8 Products in Apr–Jun; Sees Double Digit Growth in 2026
BMW Group India to Launch 8 Products in Apr–Jun; Sees Double Digit Growth in 2026

By Kiran Murali and Mugdha Mishra calendar08 Apr 2026

The group plans a total of 27 new products, add 19 more outlets in 2026.

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Yuma Energy Partners with Quantum Energy for Battery Swapping on Quantum Bziness
Yuma Energy Partners with Quantum Energy for Battery Swapping on Quantum Bziness

autherShruti Shiraguppi calendar08 Apr 2026

Collaboration enables battery swaps to reduce downtime for commercial electric scooter users.

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BMW Group India Delivers 4,567 Units in Q1 2026, Records 17% Growth
BMW Group India Delivers 4,567 Units in Q1 2026, Records 17% Growth

autherShruti Shiraguppi calendar08 Apr 2026

EVs drive 26% of sales as BMW maintains over 70% share in luxury electric segment.

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Yerth Motors Opens Pune Innovation Centre to Build Next-generation Mobility Platforms
Yerth Motors Opens Pune Innovation Centre to Build Next-generation Mobility Platforms

autherShruti Shiraguppi calendar08 Apr 2026

The company, backed by a $2.2bn Indian electronics manufacturer, is founded by Ashish Singh Joshi and Imran Ismail Mul...

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Trev Mobility Raises ₹3.65 Crore in Angel Round to Scale EV Fleet Across Delhi-NCR
Trev Mobility Raises ₹3.65 Crore in Angel Round to Scale EV Fleet Across Delhi-NCR

autherShruti Shiraguppi calendar08 Apr 2026

The capital, sourced entirely from existing users, will fund fleet expansion and operations in five cities.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.74%

No

 

35.26%

Total Votes : 933