Toyota Kirloskar's first mass-market electric SUV debuts at Rs 23.60 lakh ex-showroom (E3 variant) with a 61kWh battery, 543 km claimed range, 174bhp output, Level-2 ADAS, and 18-inch wheels. Ownership sweeteners include an 8-year battery warranty, battery-as-a-service option, and 60% guaranteed buyback after 3 years, putting direct pressure on Hyundai Creta EV, Tata, MG and Mahindra in the premium EV SUV segment.

Business Today · Latest · 5/29/2026, 12:29:48 PM

Landmark Cars has completed its acquisition of Mumbai-based dealer Auto Hangar at an enterprise value of ~Rs 215 crore, absorbing its BMW and MG businesses and deepening its luxury and mass-market footprint in India's largest auto retail market.

Moneycontrol · News Web · 5/27/2026, 9:15:01 AM

Opinion signal flags a retail UX problem: Tata Nexon now ships 79 variants, Hyundai Creta 69, Mahindra Scorpio 43, Hyundai Venue 41 — overwhelming showroom decision-making. Maruti's leaner 18-variant Victoris is cited as the counter-model gaining traction, suggesting simplification may become a retail differentiator.

Hindustan Times · Business · 5/15/2026, 3:57:24 AM