
Maruti Baleno in top demand among used cars in April, alongside two hatchbacks: Report
Maruti Baleno in top demand among used cars in April.
As per a recent report from used car retail platform Spinny, on the occasion of Akshay Tritiya 2025, the company delivered over 800 cars in a single day. Among the top choices for buyers was the
Maruti Suzuki
Baleno, which led the pack in demand alongside two other hatchbacks, the
Hyundai Grand i10
and
Renault Kwid
.
Buyers across cities such as Bengaluru, Mumbai, Pune, and Delhi-NCR used the occasion to bring home their next car. Ahmedabad and Chennai also contributed notably to the day's record-breaking sales.
April used car sales: Key trends from Spinny
Spinny's data for April 2025 reveals some interesting consumer trends. The Baleno stood out as a crowd favourite, reinforcing Maruti Suzuki's dominance in the pre-owned segment. In fact, Maruti, Hyundai, and Honda together accounted for 63% of all deliveries last month.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Start Here - 2025 Top Trend Local network access control
Esseps
Learn More
Undo
Skoda Kylaq Real World Review Things To Know Before Buying | TOI Auto
Automatic transmissions are seeing growing popularity, with their share rising from 21% in April 2024 to 29% this year, reflecting a 60% spike in absolute deliveries. The SUV category also saw a notable 28% year-on-year growth.
Meanwhile, petrol continues to be the fuel of choice for most used car buyers, powering 85% of all vehicles delivered. When it came to style, white, grey, and red were the most picked colours, making up 60% of preferences. Financing and exchange schemes are also gaining traction, with a 28% increase in loan-backed purchases. Over 500 customers opted to exchange their old vehicles.
Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X.
Discover everything about the
automotive
world at
Times of India
.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
an hour ago
- Time of India
'No hard feelings': Donald Trump responds to Elon Musk's apology after intense feud; JD Vance tries to ease tensions
Musk-Trump US President Donald Trump has welcomed Elon Musk 's apology following their very public online feud, saying he holds 'no hard feelings' after the billionaire admitted he had gone 'too far' in his criticism. 'I thought it was very nice that he did that,' Trump told the New York Post during an interview on Wednesday, after Musk posted a late-night message on his platform X saying, 'I regret some of my posts about President Donald Trump last week. They went too far.' The spat between the two began last week when Musk unleashed a string of harsh social media comments, accusing Trump of blocking the release of government files related to the pedophile Jeffrey Epstein. Musk also claimed that Trump wouldn't have won the 2024 election without his support and called the president's major tax bill a 'disgusting abomination.' Musk's attacks followed his departure from the government's Department of Government Efficiency (DOGE). After stepping down, he called for Americans to 'kill the bill' in Congress, warning it could 'cause a recession in the second half of the year.' The bill includes tax cuts and increased defence spending and passed the House last month. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Trump hit back, calling Musk 'crazy' and accusing him of suffering from 'Trump Derangement Syndrome.' He also threatened to review SpaceX 's federal contracts, reportedly worth around $38 billion. Despite the heated exchange, Trump appeared open to reconciliation. 'Look, I have no hard feelings,' he told columnist Miranda Devine on her 'Pod Force One' podcast. 'I was really surprised that that happened. He went after a bill that's phenomenal. I think he feels very badly that he said that, actually.' Efforts to patch things up have already begun behind the scenes. US vice president JD Vance and White House chief of staff Susie Wiles reportedly spoke to Musk on Friday in an attempt to ease tensions. While it remains unclear if Musk personally contacted Trump, some reports suggest he may have called the president earlier this week. Trump declined to say whether he was ready to fully reconcile but left the door open. 'I guess I could, but we have to straighten out the country,' he was quoted as saying to the Post. 'And my sole function now is getting this country back to a level higher than it's ever been. And I think we can do that.' Musk has been a major donor to Trump's campaign and had previously been viewed as a close ally. However, their falling out led to calls for Musk's deportation from former Trump adviser Steve Bannon and sparked debate across political circles.


Time of India
2 hours ago
- Time of India
Growth boost or caution flag? RBI sends conflicting signals with surprise moves
India's central bank under new Governor Sanjay Malhotra is giving market participants conflicting signals about monetary policy as it takes aggressive steps to spur economic growth and lending. The Reserve Bank of India surprised analysts last week by cutting interest rates more than expected and announcing a cash boost for banks, citing the need to spur growth. Yet, at the same time, it changed the policy stance back to neutral after just one meeting, a relatively hawkish signal on future rate cuts. Malhotra — who has been in the role for six months now — said at the time there's 'very limited space to support growth.' Taken together, the message is a 'somewhat confusing policy signal,' said Priyanka Kishore, principal economist at Asia Decoded Pte Ltd. in Singapore. 'This lack of clarity could potentially hinder the effective transmission of interest rate cuts, thereby undermining the policy's objectives.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like When the Camera Clicked at the Worst Possible Time Read More Malhotra is seeking to boost growth after recent data showed the economy grew 6.5% in the past fiscal year, well below the 8% Prime Minister Narendra Modi needs to meet his ambitious goals for the nation. Yet despite three rate cuts under the new governor, consumers and businesses are reluctant to borrow, leading banks to park much of that cash rather than lend it out. Bloomberg Live Events You Might Also Like: RBI's 50 bps rate cut surprise: Two economists who beat the crowd are back with another call The central bank didn't respond to an email seeking comment. Recent liquidity steps taken by the RBI also appear to be contradictory to some analysts. Despite excess funds in the market, the RBI said last week it will cut the cash reserve ratio for banks in a phased manner — a move that will pump 2.5 trillion rupees ($29.2 billion) into the banking system from September. On Monday, the RBI then announced it will discontinue daily liquidity injections, leading to speculation the central bank's next move may be actively withdrawing excess cash from the market. 'With banking system liquidity ample, the need to use a blunt tool like the CRR is unclear,' Sonal Varma, chief economist for Asia ex-Japan at Nomura Holdings Ltd. in Singapore, said after the RBI's policy decision last week. You Might Also Like: RBI said to use cash reserve ratio as active liquidity tool The RBI's moves triggered volatility in bond yields, prompting two state-run companies to scrap their plans to sell rupee-denominated debt. The average yield on top-rated three- and five-year corporate debt rose eight basis points and nine basis points, respectively, this week after dropping 4-5 basis points after the central bank's liquidity boost on Friday. Loan Growth The CRR cut comes on top of a record 9.5 trillion rupees of liquidity already pumped into the banking system since January. With credit demand remaining sluggish though, banks are parking the excess funds with the RBI rather than extending loans. As of June 10, banks had deposited 2.7 trillion rupees in the central bank's overnight facility. Meanwhile, India's loan growth dipped below 10% last month for the first time in more than three years, according to RBI data. The excess funds in the system have dragged rates on secured money market instruments far below the RBI's policy rate of 5.5% and even lower than the central bank's interest rate floor. You Might Also Like: RBI to cut CRR by 100 bps in four tranches to boost liquidity, effective Sept The new monetary policy committee under Malhotra has made a shift from the past by using the policy stance as a tool of forward guidance on interest rates, said A. Prasanna, chief economist at ICICI Securities Primary Dealership Ltd., a bond trading firm. In the past, the stance represented the RBI's comprehensive view on liquidity, interest rates, money supply, and credit conditions, he said. 'We are not used to such guidance, so it may be confusing for market participants, depending on their expectations from policy,' Prasanna said. You Might Also Like: RBI's big-bang policy approach has no room for incrementalism


Time of India
2 hours ago
- Time of India
HDFC Bank shares in focus amid loan record, bribery allegations by Lilavati Trust
Shares of HDFC Bank are expected to be in focus on Thursday after the Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) leveled serious allegations against the bank and its MD & CEO, Sashidhar Jagdishan, citing inconsistencies in loan records and allegations of bribery. The trust, which operates the well-known Lilavati Hospital in Mumbai, has alleged that the bank has made conflicting statements about a single loan amount—initially quoting Rs 4.8 crore, then Rs 450 crore, and now Rs 65.22 crore—without producing any official loan agreement or ledger. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like A casa do Padre Fábio de Melo chocou o mundo inteiro Weight Loss Groove Undo The Trust has maintained that it has never taken any loan from HDFC Bank. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Further, the Trust alleged that a bribe of Rs 2.05 crore was paid to the bank's CEO to assist another group in remaining in control of the Trust. HDFC Bank has denied all allegations, stating they are false, malicious, defamatory, and devoid of any truth. Live Events The bank reiterated that neither it nor its CEO has engaged in any illegal or unethical conduct. The bank said it is concerned about its stakeholders and is on the verge of taking strong legal action, as per expert advice, against those who are initiating these baseless allegations with malicious and ulterior motives, or are involved in propagating the same. HDFC Bank share price performance Over the past one year, the shares of HDFC Bank have gained 24.59%, while the year-to-date (YTD) return stands at 9.38%. In the last 6 months, the stock has appreciated by 4.61%, and in the most recent 3-month period, it has delivered a strong gain of 15.71%. Over the past 1 month, the stock has risen by 3.20%. HDFC Bank shares closed 0.8% lower at Rs 1,949.60 on the BSE on Wednesday. Also read: Nifty to climb new high by Sept-Oct; bullish on 3 stocks now: Dharmesh Shah ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)