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
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
BANKING & FINANCE
Mahindra Finance Eyes Disciplined Growth, AI-Led Transformation
Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) will focus on disciplined growth, deeper customer relationships and a diversified lending franchise as it enters a “more deliberate phase of growth.” In his message to shareholders, Chairman Anish Shah said the company’s priority remains to strengthen its leadership in vehicle financing while gradually building a more […]
CW Bureau
·
Jun 26, 2026
AUTO
PV Wholesales Rise 27% In May, Auto Industry Records Double-Digit Growth
India’s automobile industry recorded its highest-ever sales for the month of May, with passenger vehicles, two-wheelers and three-wheelers registering strong double-digit growth, reflecting improving consumer sentiment and easier access to financing. According to data released by the Society of Indian Automobile Manufacturers (SIAM), sales momentum remained robust across segments during May 2026, aided by a […]
CW Bureau
·
Jun 15, 2026
