AUTO
Young First-Time Car Buyers Spend ₹5–8 Lakh In India, Says Kotak Prime
India’s first-time car buyers are moving towards more expensive vehicles, with young customers in their mid-20s and early 30s increasingly spending ₹5 lakh to ₹8 lakh on their first car, compared with ₹1.5 lakh to ₹2.5 lakh a decade ago, according to Kotak Mahindra Prime Ltd (Kotak Prime). The shift reflects changing consumer aspirations, improved […]
CW Bureau
·
Oct 15, 2026
AUTO
Organised Used-Car Market To Cross 7 Mn Units As Profitability Improves
India’s organised used-car market is expected to maintain its growth momentum this fiscal, with sales projected to cross 7 million units, driven by robust demand from first-time buyers, improving digital adoption and better financing access, according to a Crisil Ratings report. The report estimates used-car volumes will grow 7-9% during the current fiscal, while the […]
CW Bureau
·
Aug 5, 2026
AUTO
Renault India Launches New Kwid At ₹4.52 Lakh For First-Time Car Buyers
Renault India, the wholly owned subsidiary of French automaker Renault Group, has launched the new Kwid, introducing a refreshed design, a simplified variant lineup and revised pricing aimed at making first-time car ownership more accessible. The updated hatchback is now available in two variants, Evolution and Climber, replacing the earlier multi-variant range to offer customers […]
CW Bureau
·
Jul 3, 2026
