BP announced on Tuesday that it has reached an agreement to sell a majority shareholding in Castrol, its lubricants business, to alternative investment firm Stonepeak at an enterprise value of $10 billion. Under the terms of the agreement, Stonepeak will acquire a 65% stake in Castrol, while BP retains 35% ownership in a newly formed… Continue reading BP Agrees to Sell Majority Stake in Castrol to Stonepeak in $10 Billion Deal
Author: Autocar_Professional India Online News
Bajaj Pulsar 150 Gets LED Lighting Update, Prices Start at ₹1.08 Lakh
Bajaj Auto has announced an update to its popular Pulsar 150 motorcycle, introducing LED lighting technology and refreshed aesthetics while maintaining the model’s classic design philosophy. The announcement was made on December 24, 2025, from the company’s Pune headquarters. The updated range includes three variants with ex-showroom Delhi pricing: the Pulsar 150 SD at ₹1,08,772,… Continue reading Bajaj Pulsar 150 Gets LED Lighting Update, Prices Start at ₹1.08 Lakh
A Look Back at the Major Policy Developments of 2025
The year 2025 has unfolded as an action-packed phase for India’s automotive sector, with policy announcements arriving in rapid succession and reshaping the industry’s near-term outlook. As the country accelerates its push for localisation and competes head-to-head with global benchmarks in technology, cost and efficiency amid global supply chain disruptions and geopolitical uncertainties, incentives and… Continue reading A Look Back at the Major Policy Developments of 2025
Maruti Suzuki Partners with Uttar Pradesh Gramin Bank for Vehicle Financing
Maruti Suzuki India Limited has signed a memorandum of understanding with Uttar Pradesh Gramin Bank to provide retail financing solutions for vehicles. The partnership represents a significant expansion of Maruti Suzuki’s financing network, bringing its total number of retail finance partners to 50. The collaboration will offer financing options for new cars, pre-owned vehicles, and… Continue reading Maruti Suzuki Partners with Uttar Pradesh Gramin Bank for Vehicle Financing
Citroën India Delivers Fleet of 51 C3 CNG Vehicles to Luthra Group in Surat
Citroën India has completed the delivery of 51 C3 CNG vehicles to Luthra Group at the company’s Surat headquarters, marking a significant milestone in the French automaker’s expansion within India’s emerging markets. The ceremonial handover, conducted in partnership with Citroën’s Gujarat dealership La Maison Nanavati, underscores the brand’s commitment to providing sustainable and economical transportation… Continue reading Citroën India Delivers Fleet of 51 C3 CNG Vehicles to Luthra Group in Surat
Chartered Speed Deploys Electric Buses for DCM Shriram Staff Transport
Chartered Speed Limited, one of India’s prominent passenger bus mobility service providers, has deployed 11 electric buses dedicated to staff transportation for DCM Shriram at Jhagadia GIDC in Bharuch. The service was inaugurated on December 24, 2025, by Sanyam Gandhi, Whole-time Director at Chartered Speed Limited, and Aditya Shriram, Deputy Managing Director at DCM Shriram.… Continue reading Chartered Speed Deploys Electric Buses for DCM Shriram Staff Transport
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Popular Vehicles Secures AUDI Partnership in Telangana and Andhra Pradesh
Popular Vehicles & Services Limited has announced a new partnership with AUDI India through its subsidiary Imperion Cars Private Limited, which has received three Letters of Intent for retail operations in Telangana and Andhra Pradesh. The agreement enables the company to take over existing AUDI dealer operations in these states, establishing a total of five… Continue reading Popular Vehicles Secures AUDI Partnership in Telangana and Andhra Pradesh
TVS Motor Launches Nationwide Service Campaign from December 20 to January 5
TVS Motor Company has launched a nationwide service campaign running from December 20, 2025, to January 5, 2026, encouraging customers to prioritize vehicle maintenance at the start of the new year. The initiative, themed ‘Resolve, Refresh & Ride’, is available at all authorized TVS Motor Company service centers across India. The campaign provides customers with… Continue reading TVS Motor Launches Nationwide Service Campaign from December 20 to January 5
JK Tyre Completes Merger of Subsidiary Cavendish Industries
JK Tyre & Industries Ltd has completed the merger of its subsidiary, Cavendish Industries Ltd, with the parent company, consolidating operations nearly a decade after acquiring the business from Kesoram Industries in 2016 . Cavendish Industries operates manufacturing facilities producing truck and bus radial tyres, truck and bus bias tyres, and two- and three-wheeler tyres.… Continue reading JK Tyre Completes Merger of Subsidiary Cavendish Industries