Pre-owned BMW i7, Mercedes EQS and Audi e-tron, alongside Defender, G-Wagon and Maybach, are commanding stronger resale prices amid tight supply, OEM hikes and growing EV buyer confidence. Big Boy Toyz and rivals report deals from ₹75 lakh to ₹3.5-3.7 crore, with some models retaining up to 90% of value.

The Hindu BusinessLine · 5/31/2026, 2:01:55 PM

Tesla repositions Model Y in India with a price cut of up to Rs 9 lakh, launching Premium RWD at Rs 50.89 lakh and Premium AWD at Rs 61.99 lakh. The move follows soft volumes - 342 units in FY26 and just 43 in April - and pairs with retail and charging expansion into Bengaluru and Hyderabad beyond Mumbai and Delhi.

Times of India · Business · 5/30/2026, 8:59:38 AM

Tesla repositioned Model Y in India at Rs 50.89 lakh entry (down Rs 9 lakh) and Rs 59.89 lakh long-range, slipping below BMW iX1 and Mercedes CLA BEV despite 70% customs duty. Retail footprint expanding from Mumbai-Delhi to Bengaluru, with Hyderabad next. FY26 volumes remain thin at 342 units, but pricing signals a German-luxury EV assault.

ET Small Business · 5/30/2026, 3:20:31 AM

Mercedes-Benz has launched the CLA 250+ electric sedan in India at ₹59 lakh (ex-Delhi), alongside a CLA 200 variant at ₹55 lakh. The CBU import delivers 268 bhp, an 85 kWh battery and 792 km range, with 0-100 in 6.7 seconds. Targeting young aspirational buyers in Delhi and Mumbai, it squares off against the BMW iX1 LWB.

The Hindu BusinessLine · 5/29/2026, 12:50:35 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

Ferrari unveiled Luce, its first fully electric production car—a four-door GT co-developed with LoveFrom. HT Auto exclusively learnt the marque plans an India launch, with specs including a 122 kWh battery, 1,050 hp, 530 km range and 0-100 kmph in 2.5 seconds. The move could reshape India's nascent luxury EV market.

Hindustan Times · Business · 5/27/2026, 3:39:57 AM

India's shift to WLTP testing alongside CAFE III norms from April 2027 will compress certified mileage and EV ranges (500km to 430–450km), while forcing Maruti, Tata, Mahindra, Toyota and Hyundai to add compliance tech. Sticker prices could rise ₹30,000 on entry hatches to ₹2 lakh on large SUVs.

The Hindu BusinessLine · 5/18/2026, 6:47:10 AM