Daily Rev-Up

Morning revs from Ignition Garage

📅 Date: July 8, 2025
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 July 8, 2025 | Ignition Garage Daily Rev‑Up 
Today’s auto headlines:

1.  Price Watch – MG Hector & Hector Plus Get ₹23k–₹30k Price Hike
MG Motor India has raised ex‑showroom prices across Hector and Hector Plus models by ₹23,400 to ₹30,400, effective July 1. This marks the third price hike in six months, driven by increasing input costs.

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2.  China EV Industry – China Cracks Down on EV Price Wars
To stabilize the market, the Chinese government and top EV players including BYD have signed an agreement to pay suppliers within 60 days and avoid destructive price undercutting that’s been hurting the sector.

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3.  India EV & Fuel Trends – EV Sales Surge in June, Petrol–Diesel Dip
Electric vehicle sales saw a sharp increase in June, while demand for petrol and diesel-powered cars declined. India’s fuel consumption also dropped 4.7%, partially due to monsoon effects.

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4.  India Auto Market – June Auto Wholesales Down 6.4%; Retail Falls 9.4%
India’s passenger vehicle wholesales dipped 6.4% month-on-month in June. Meanwhile, FADA reported a 9.4% drop in retail sales, with average inventory at 55 days—above the ideal level.

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5.  Luxury Watch – Skoda‑VW India Now Handles Bentley from July
Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has officially taken over Bentley operations in India from July 1. A new subsidiary, “Bentley India,” will handle all import, sales, and aftersales functions.

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6.  Manufacturing & Maintenance – Bajaj Chakan Plant Earns World-Class TPM Award
Bajaj Auto’s Chakan facility has been recognized with the prestigious World-Class TPM Achievement Award by JIPM for its excellence in Total Productive Maintenance and operational efficiency.

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7.  Green Mobility – Hyundai’s Jaehoon Chang Named Co-Chair of Hydrogen Council
Hyundai’s CEO, Jaehoon Chang, has been appointed co-chair of the Hydrogen Council. This further emphasizes Hyundai’s long-term commitment to hydrogen-powered mobility and clean energy initiatives.

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8. ⚙️ Powertrain Shift – Mercedes-AMG to Drop Four-Cylinder Plug-in Hybrid
Mercedes-AMG is set to phase out its 2.0L four-cylinder plug-in hybrid engine (M139), criticized for weight and cost. Future AMG plug-ins will focus on inline-sixes and V8s under Euro 7 compliance.

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