Spinny’s Q3 CY24 Report Highlights Growth In Used-Car Sales
- By MT Bureau
- September 19, 2024
Spinny, India's full-stack used car marketplace, has published its Q3 CY24 report highlighting a significant growth in the used-car segment in the last two quarters of CY24. The report also mentions the important trends that have emerged in car buyer preferences, financing options and delivery choices.
One of the most notable trends is Honda's ascent back to the top three most popular auto brands, replacing Tata in the rankings along with Maruti Suzuki, Hyundai and City as important models. Furthermore, the Renault Kwid remains a popular vehicle with consumers, ranking in the top three models for the third consecutive quarter alongside the Hyundai Grand i10 and Maruti Suzuki Waggon R. Furthermore, with 12 percent growth over the previous quarter, the compact SUV segment is the category with the fastest rate of growth. Eighty-three percent of buyers indicated that they preferred petrol-powered vehicles, 12 percent diesel and 5 percent compressed natural gas. Red, white and grey are the most popular colours among automobile purchasers.
A 6 percent rise in customers choosing auto financing is indicative of an increasing level of trust in Spinny's financial services, according to its research. Significantly, 60 percent of all purchases were funded by Spinny's easy financing services, highlighting the business's open and customer-focused philosophy. With 65 percent of consumers choosing to buy automobiles online, a 5 percent increase from the previous quarter, the research also shows an increase in digital car purchases. This change reflects India's increasing inclination towards online transactions for auto purchases. Furthermore, there has been a notable increase in hub deliveries; 82 percent of buyers preferred to pick up their vehicles at Spinny Hubs or Spinny Parks, while just 18 percent selected home delivery. The increase in hub deliveries from the previous quarter is 7 percent, with 53 percent of these deliveries taking place at Spinny Parks.
In line with Spinny's efforts to increase the number of women who own cars, the company's data also reveals a sharp increase in first-time car buyers, who now account for 67 percent of all customers. Of these women, 30 percent are female. Another noteworthy change is the increasing inclination of consumers towards manual transmissions, which now account for 76 percent of purchases, up from 70 percent in the prior quarter. In contrast, automatic transmissions have decreased to 24 percent from 30 percent.
Urban areas have seen strong growth in the used luxury car industry, with Delhi leading the way, followed by Bengaluru and Mumbai. Popular models like the Audi A4 and BMW X1 demonstrate India's preference for high-end German vehicles, and the Jeep Compass is now among the best options.
Over a million people used Spinny every day during its recent Freedom Days event, which ran from 15–18 August. The company reported a 15 percent spike in traffic across the country during this time. During this campaign, Bengaluru, Pune and Delhi NCR were the top car-buying regions and cities. Furthermore, the campaign's average buyer age of 36 years showed a little older client base than the average of 32 years earlier. As the necessity and demand for EVs grows, Nexon EV is now the customer's favourite model thanks to Spinny's collaboration with Tata Motors, followed by Tiago EV in Bengaluru, Mumbai and Pune.
Niraj Singh, Founder & CEO, Spinny, said, “The trust our customers place in us reflects our commitment to making car buying and selling simple and delightful. The consistent rise in car financing and the increasing number of women buyers are a testament to young India's embrace of Spinny’s efforts to make used car transactions more transparent and customer-focused, fulfilling aspirations of car ownership and its significance for Indian households. It’s interesting how our dynamic nation continues to evolve every quarter with its diverse tastes, keeping us excited and encouraging us to enhance our services.”
- Tata Motors Passenger Vehicles
- TMPV
- Harrier
- Safari
- Altroz
- Curvv
- Nexon.ev
- Sierra
- Vivek Srivatsa
- Tata Passenger Electric Mobility
Tata Motors Passenger Vehicles Announces Onam Offers In Kerala
- By MT Bureau
- August 07, 2026
Tata Motors Passenger Vehicles (TMPV) has announced consumer offers and vehicle special editions across its internal combustion engine and electric vehicle portfolios in Kerala for the Onam festive period.
The festival promotions run through August 2026, offering financial benefits up to INR 225,000, priority delivery slots and vehicle financing packages. As part of the seasonal campaign, the manufacturer has introduced the Sierra Jubilee Edition, Nexon Camo Edition and Punch HBX Pack to its product line-up.
The maximum benefits vary by model across both powertrain platforms – Internal combustion engine (ICE) models include benefits up to INR 54,500 on the Altroz, INR 72,500 on the Nexon and INR 77,500 on the Curvv.
The Harrier and Safari both get benefits up to INR 47,000, while the Sierra includes a loyalty benefit of INR 30,000. In the electric vehicle segment, savings up to INR 60,000 for the Nexon.ev and INR 55,000 for the Curvv.ev is being offered by the automaker. The Harrier.ev features benefits reaching INR 225,000, which includes a loyalty benefit of INR 100,000 alongside complimentary insurance coverage.
Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility, said, “Onam is a celebration of cherished traditions, meaningful reunions and the progress that every family takes pride in. It is a season of gratitude for how far they have come and optimism for the road ahead. Through our 'Celebrate How Far You've Come' campaign, we are celebrating the aspirations, achievements and milestones that make every customer's journey and success unique. Kerala has always been a deeply important market for TMPV, and we are delighted to mark this festive season with special editions, attractive offers and seamless ownership solutions across our safest and most diverse range of cars and SUVs. We look forward to celebrating with our customers their next milestone and creating many more joyful memories.”
At present, Tata Motors Passenger Vehicles operates 85 service centres across Kerala to support vehicle maintenance during and after the sales campaign.
Tata Motors Passenger Vehicles Launches Nexon CAMO Special Edition
- By MT Bureau
- August 06, 2026
Tata Motors Passenger Vehicles (TMPV) has launched the Nexon CAMO, a new special edition of its popular compact SUV, with prices beginning at INR 999,000 ex-showroom in Delhi. The introduction coincides with the brand’s celebration of a decade since the Nexon’s original debut and the trust of over 1.1 million customers, marking the model’s enduring success in the Indian automotive market.
The new CAMO variant distinguishes itself with two exclusive premium paint schemes, named Munnar Mist and Coorg Cloud. The former is a dynamic dark green that shifts to a sophisticated grey in shadows and reveals rich green and golden tones under sunlight. In contrast, the latter is a contemporary grey-silver finish with subtle metallic highlights, designed to offer an understated yet premium aesthetic that complements the SUV's rugged character.
TMPV has equipped the Nexon CAMO with a significant technology upgrade, headlined by an Ultra View Twin HD Digital Cockpit. This features a 31.24-cm infotainment system and a 26.03-cm digital instrument cluster, both from Harman, with the latter including embedded navigation. The technology package is further enhanced by an integrated dashcam recorder that is part of the 360-degree camera surround view system, which also includes a blind spot view monitor.
The special edition is not solely about aesthetics and screens, as it also incorporates a comprehensive suite of comfort and safety features. The cabin includes ventilated leatherette front seats, a voice-assisted panoramic sunroof, and an immersive nine-speaker JBL audio system with a subwoofer. Safety is addressed through seven Advanced Driver Assistance Systems functions calibrated for Indian roads, six airbags and electronic stability control, ensuring the CAMO is as secure as it is stylish.
Maintaining the Nexon’s hallmark versatility, the CAMO is offered across all three powertrain options: a 1.2-litre turbocharged petrol, a 1.5-litre diesel and the segment-exclusive 1.2-litre turbocharged iCNG with twin-cylinder technology. With multiple transmission choices available, the automaker has positioned the Nexon CAMO as a distinctive and aspirational package for a wide range of SUV buyers, reinforcing the model's legacy of innovation as the festive season approaches.
Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility, said, "Since its launch a decade ago, the Nexon has provided comfortable, safe and enjoyable journeys for over 1.1 million families, becoming one of India's most iconic nameplates with an unmissable presence on the roads. This success has been built on constantly raising the bar in safety, technology and design while keeping these innovations accessible to a wider set of customers. The Nexon CAMO carries that spirit forward, with two striking new colours and an elevated technology package that makes it the most distinctive Nexon yet. Timed perfectly for the festive season, it gives customers an even stronger reason to make the Nexon their own."
Mahindra Updates Scorpio-N SUV Range, Panoramic Sunroof & More On Offer
- By MT Bureau
- August 05, 2026
Mumbai-headquartered automotive major Mahindra & Mahindra has announced a suite of technology and equipment updates for its Scorpio-N SUV model line-up.
The updates introduce a panoramic sunroof, a 540-degree surround view camera system with a blind view monitor and R18 alloy wheels to select variants.
On the inside, the updated model features a 31.24 cm floating touchscreen infotainment display, a 26.03 cm digital instrument cluster with three display modes, a 65W USB Type-C fast-charging port in the front row and integrated vehicle dynamics displays covering engine data, pitch, roll and g-force metrics.
The Scorpio-N platform continues to offer the G20 TGDi mStallion petrol and D22 mHawk diesel engine options, available with rear-wheel drive and four-wheel drive configurations.
Pricing for the updated Scorpio-N range begins at INR 1.36 million for the entry-level Z2 petrol manual variant, with the line-up extending to INR 2.54 million for the top-specification Z8L diesel automatic four-wheel drive version (all prices ex-showroom).
Mitsubishi Motors Teases Off-Road Capabilities Of New Pajero SUV Ahead Of Autumn Debut
- By MT Bureau
- August 05, 2026
Japanese automotive company Mitsubishi Motors Corporation has shared an update regarding its upcoming new Pajero SUV launch scheduled for premiere this autumn.
The automaker confirmed that the vehicle combines off-road driving capabilities across weather and road conditions with on-road ride refinement.
The SUV utilises a ladder frame chassis paired with a re-engineered suspension system designed to maintain road-holding performance over uneven surfaces, bumps and terrain impacts. The setup aims to reduce body movement and cabin vibration to support occupant comfort during long-distance driving.
Handling and drive distribution are managed by Mitsubishi Motors' Super-All Wheel Control (S-AWC) technology. The integrated vehicle dynamics control system manages power output and braking to optimise stability and traction across driving conditions.

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