Automobile enthusiasts,
prospective car owners and those looking to upgrade are set for a treat, as
over the next two years, over 40 models with multiple powertrains are expected
to be launched in the Indian market with automakers seeking to attract
customers and increase sales.There are
some that have been eagerly awaited, such as the Tata Harrier EV and MG
Cyberstar, both will be launched this year. Other new launches include the
Hyundai Creta EV, revived versions of Tata Sierra with both EV and internal
combustion engines (ICE) , new Skoda Kodiaq, Skoda Superb, E Vitara, Citroen
C3X, C3 Aircross, Mahindra XEV 7E, XUV700 Ebony edition and Kia Syros. “We will witness new launches across
segments by Indian automakers in 2025. Automakers will also launch a slew of
electric vehicles throughout the year,” Manish Raj Singhania, Chairman, of
Research & Academy, FADA told businessline...Luxury
carmakers are also introducing new cars for the Indian market. German luxury
car maker Mercedes-Benz introduced its electric G class and will be launching
the Mercedes-Maybach SL 680 Monogram. Audi India recently rolled out the Audi
RS Q8 while Swedish luxury carmaker Volvo introduced the XC90.
In FY25, the domestic passenger vehicle industry is
expected to grow up to 2 per cent. “New model launches, cost of ownership,
disposable income, remain neutral or favourable drivers for the Indian
automobile industry. Accordingly, the base for the industry continues to remain
high. The passenger vehicle industry
volume is expected to grow at a moderate pace of 4 to 7 per cent in FY26,”
mentioned market rating agency ICRA.
The new launches and
discounts offered by Original Equipment Manufacturers (OEM) will fuel passenger
vehicle sales, said dealers.
“The passenger vehicle segment in March is expected
to gain traction, fuelled by attractive schemes, the impact of preponed
festival sales and fiscal year-end advantages,” according to the Federation of
Automobile Dealers Association.