Autos

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Mercedes-Benz India records best-ever H1: EV share reaches 14%

Mercedes-Benz India has reported its highest-ever first-half and second-quarter sales, continuing its growth momentum in the country’s luxury car market. The German luxury carmaker retailed 9,768 vehicles between January and June 2026, registering a 9 percent year-on-year increase over the 9,013 units sold during the same period last year.The company also posted its best-ever second-quarter...
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Rivian stock falls 10% amid plans to sell 75 million shares

A motherboard from one of Rivian’s all-electric vehicles. Michael Wayland / CNBC Rivian Automotive stock was down by more than 10% during premarket trading on Tuesday after the electric vehicle maker announced a public offering of 75 million shares of its Class A common stock. The capital raise occurred during extended hours trading after Rivian...
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OTA or Obsolete: Why automakers must fix software or fall behind

This article is authored by Sai Sridhar, Managing Director – Elektrobit India Pvt. Ltd., CRO – APAC.The automotive industry is at an inflection point, and software is now in the driver’s seat. For decades, vehicles were defined by engineering precision, manufacturing scale, and mechanical innovation. That era is over. Today, vehicles are evolving into software-defined...
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