BMW Group India has posted a strong performance in the first half of 2024 calendar year by delivering 7,098 cars (BMW and MINI) and 3,614 motorcycles (BMW Motorrad).
Selling 6,734 BMW units and 364 Mini units to be precise, the automaker experienced an increase of over 21 percent in car sales (BMW + MINI) in the first half of the calendar year, fuelled by high demand for its sports activity vehicles, luxury class and electric cars.
Vikram Pawah, President, BMW Group India, mentioned that the BMW Group India is making great strides in implementing its strategy by achieving new heights in business performance and customer delight in 2024. “We have accomplished the highest ever half-yearly car sales and continuously maintained leadership in luxury electric car segment. The strong affinity for our vehicles is driven by our competitive edge in exclusive mobility paired with unmistakable driving pleasure and best-in-class innovations,” he informed.
BMW Group Electric Vehicles (EV)
BMW Group India electric vehicles have once again emerged as the top choice of luxury consumers when it comes to sustainable mobility. 397 units of fully electric BMW and MINI cars were sold in the first six months. BMW i7 was the largest selling BMW EV in H1, reflecting the rising attraction of sustainable mobility in high-end circle.
The auto maker claimed to be the first luxury car manufacturer in the country to cross the milestone of over 2,000 EV deliveries till date. BMW iX is the most popular luxury EV in India with over 1,000 units sold till date. Possessing the most elaborate EV range in the luxury market with great product substance is a key factor in meeting diverse consumer preferences. BMW Group India now offers six EVs in India - BMW i7, BMW iX, BMW i5, BMW i4, BMW iX1 and MINI SE. In July, this range will expand further with launch of MINI Countryman E and BMW CE 04, the first electric two-wheeler by BMW Motorrad India.
BMW Luxury Class (BMW 7 Series, BMW i7, BMW X7 and BMW XM)
BMW Luxury Class vehicles registered impressive growth of over 17 percent, contributing 18 percent to total sales. The BMW X7 was the highest-selling Luxury Class model. BMW Sports Activity Vehicles (SAV) contributed 54 percent to sales, posting a solid growth of over 24 percent. The BMW X1 was the most popular SAV with around 19 percent share in sales. The BMW 3 Series was once again the highest selling BMW sedan with a 17 percent share.
BMW and MINI 360°
Customers are taking benefit of the great value proposition and complete peace of mind the ‘360⁰’ finance product BMW India Financial Services is offering , according to sources close to the company. The respective product offers attractive low monthly instalments, assured buy-back, flexible end of term options and an opportunity to upgrade to a new car amongst other benefits, they explain. Some seven out of 10 cars financed by BMW India Financial Services are through the ‘360⁰ finance product.
Maruti Suzuki India, AU Small Finance Bank Launch Suhana Safar Initiative
- By MT Bureau
- July 02, 2026
AU Small Finance Bank has partnered with Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, to introduce 'Suhana Safar', a scheme that links Recurring Deposits (RD) to auto loans. The initiative is aimed at first-time car buyers and applies to the Alto K10, S-Presso, Celerio and WagonR models.
Under the programme, customers open an RD account with AU Small Finance Bank and deposit a monthly amount equivalent to the future car EMI for 3 to 6 months. Upon maturity, the accumulated funds, which have earned interest, are used as the down payment for the vehicle, after which the bank provides the auto loan.
The scheme allows customers to save and earn interest while demonstrating repayment capacity before committing to a loan. The bank also uses this process to evaluate creditworthiness.
AU Small Finance Bank offers RD interest rates of 4.75 percent to 7.40 percent per annum for the general public, and 5.25 percent to 7.90 percent per annum for senior citizens.
Skoda Kodiaq RS Launched At INR 6.69 Million In India
- By MT Bureau
- July 02, 2026
Czech automaker Skoda Auto India has introduced the new Kodiaq RS, the first SUV to carry the performance-focused RS badge in the Indian market at INR 6.69 million (ex-showroom).
The company limited the initial release to 50 units, which were sold out within six minutes of launch. This release aligns with the 50th anniversary of the RS badge and the 125th year of the brand’s motorsport history.
Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge represents an iconic performance legacy. Bringing it to our flagship 4x4, all-terrain, 7-seater SUV combines luxury, capability and motorsport DNA in one offering. The overwhelming response, with all units sold out in minutes, reflects the strong enthusiasm among customers.”
The Kodiaq RS features a 2.0-litre TSI engine producing 195 kW (265 PS) and 400 Nm of torque, paired with a 7-speed DSG transmission and all-wheel drive. The vehicle accelerates from zero to 100 kmph in 6.3 seconds, with a top speed of 231 kmph.
The vehicle is equipped with progressive steering and the latest-generation Dynamic Chassis Control (DCC) Plus, which allows drivers to adjust damping characteristics. The Driving Mode Select offers multiple settings, including Eco, Comfort, Normal, Sport, Individual, Snow and a dedicated Off-Road mode.
The exterior includes black accents on the grille frame, mirrors, window frames, roof rails, and the D-pillar. The front features a bumper with black elements and a horizontal light strip in the grille. The rear includes a full-width reflector, blacked-out lettering, and stainless-steel exhaust tips. The SUV is fitted with 20-inch Elias alloy wheels and is available in Moon White, Magic Black, Velvet Red and Steel Grey.
Honda Cars India Reports 5,243 Unit Wholesales In June 2026
- By MT Bureau
- July 01, 2026
Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced wholesales of 8,788 units in June 2026.
In the domestic market, the company sold 5,243 units and 3,545 units for export, which marks 71.5 percent YoY, when the company sold 4,618 units domestically and exported 506 units.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, "The launch of new City and India Premiere of global SUV Honda ZR-V has generated strong momentum for our overall sales including Amaze and Elevate during June, driven by healthy customer demand and a positive market response. With Monsoon conditions expected to improve during July, we hope to sustain this positive momentum in the months ahead.
“The deliveries of ZR-V are also scheduled to begin from July. It will draw discerning new customers and prospects into Honda showrooms, enhancing our premium brand appeal and unlocking new growth opportunities,” he added.
Renault India Reports 4,063 Unit Wholesales For June 2026
- By MT Bureau
- July 01, 2026
French automotive company Renault India has recorded 4,063 domestic wholesale units in June 2026, a 55 percent YoY increase compared to the previous year. This also marks the 10th consecutive month of double-digit growth for the company.
Interestingly, for H1 CY2026, the company reported sales of 25,844 units, representing 61 percent YoY growth.
During June, Renault India began exports of the Duster, dispatching 750 units to South Africa. The company stated that this performance reflects customer response to its product strategy and demand across its portfolio.
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