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
Landmark Cars, OLX India Partner To Build Phygital Used-Car Marketplace
Landmark Cars Ltd, a premium automotive retail network in India, and OLX India, part of CarTrade Tech Ltd, have entered into a strategic partnership to create an integrated physical and digital, or phygital, pre-owned car buying and selling experience. The partnership seeks to combine OLX India’s digital consumer reach with Landmark Cars’ physical retail and […]
CW Bureau
·
Sep 24, 2026
AUTO
Used-Car Market Outpaces New-Car Sales: Autocar India-Spinny Report
India’s used-car market is now 1.39 times larger than the new-car market and is growing at 11-13% annually, according to the Mobility Intelligence Report 2026 released by Autocar India and Spinny. The report, based on an analysis of more than 11,000 vehicle transactions across nine cities, said the organised used-car segment is expanding at more […]
CW Bureau
·
Jun 29, 2026
