Maruti Suzuki Expands Business Scope to Emerging Areas of Mobility, Sustainability

Signaling a strategic shift, India’s largest passenger car maker Maruti Suzuki India has made changes to its Memorandum of Association to expand the company’s objectives beyond just automobile manufacturing. This comes at a time when the company is preparing to start the sales of its first electric vehicle. The carmaker’s objective clause now includes a… Continue reading Maruti Suzuki Expands Business Scope to Emerging Areas of Mobility, Sustainability

Maruti Suzuki Expands Business Scope to Emerging Areas of Mobility, Sustainability

Signaling a strategic shift, India’s largest passenger car maker Maruti Suzuki India has made changes to its Memorandum of Association to expand the company’s objectives beyond just automobile manufacturing. This comes at a time when the company is preparing to start the sales of its first electric vehicle. The carmaker’s objective clause now includes a… Continue reading Maruti Suzuki Expands Business Scope to Emerging Areas of Mobility, Sustainability

Royal Enfield Says Rare Earth Magnet Supply Choke Hit Production of Himalayan, Scram

The production of Royal Enfield’s 450cc platform motorcycles was temporarily disrupted because of the scarcity of rare earth elements from China during the April-June period, company officials said.  The magnet supply constraint resulted in halting the production of models, such as Himalayan and Scram, at some point during the quarter, but the company has now… Continue reading Royal Enfield Says Rare Earth Magnet Supply Choke Hit Production of Himalayan, Scram

Maruti Suzuki Expects CAFE 3 Norms to be Final in 1-2 Months

The government is expected to finalize the guidelines of the Corporate Average Fuel Economy (CAFE) 3 regulations within the next one to two months, offering long-awaited clarity to automakers as they prepare the future powertrain roadmap, according to a senior executive at Maruti Suzuki. Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki said, “The… Continue reading Maruti Suzuki Expects CAFE 3 Norms to be Final in 1-2 Months

BorgWarner Awarded New Dual Inverter Contract by Major Chinese OEM

BorgWarner has secured a new contract to supply dual inverters to a major Chinese original equipment manufacturer (OEM) for use in hybrid electric vehicles. The project is set to enter mass production by the end of 2025, marking a continuation of the companies’ collaboration in the new energy vehicle (NEV) sector that began with a… Continue reading BorgWarner Awarded New Dual Inverter Contract by Major Chinese OEM

EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career

Adrian Mardell, Jaguar Land Rover (JLR) ‘s chief executive officer, has announced his decision to retire, ending a distinguished 35-year career with the company. The company confirmed that his successor will be announced in due course. “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with… Continue reading EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career

EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career

Adrian Mardell, Jaguar Land Rover (JLR) ‘s chief executive officer, has announced his decision to retire, ending a distinguished 35-year career with the company. The company confirmed that his successor will be announced in due course. “Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with… Continue reading EXCLUSIVE: Adrian Mardell, CEO of Jaguar Land Rover Retires after 35-Year Career

Eicher Motors Q1FY26 Net Profit Rises 9% YoY; Margins Narrow Amid Higher Costs

Eicher Motors Ltd delivered a steady set of earnings in the April-June quarter of FY26, driven by strong growth in its Royal Enfield motorcycle and VE Commercial Vehicles (VECV) businesses. The company posted a consolidated net profit of ₹1,205.22 crore, up 9.4% year-on-year from ₹1,101.46 crore in the same period last year. Total revenue from… Continue reading Eicher Motors Q1FY26 Net Profit Rises 9% YoY; Margins Narrow Amid Higher Costs

India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL

India’s electric two-wheeler industry has reached a significant milestone, with retail sales hitting 1.15 million units in fiscal 2025, marking a remarkable 86% compound annual growth rate since fiscal 2019, according to a new report by Crisil Intelligence. The industry’s evolution from a subsidy-dependent market to one driven by consumer demand and product innovation signals… Continue reading India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL

India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL

India’s electric two-wheeler industry has reached a significant milestone, with retail sales hitting 1.15 million units in fiscal 2025, marking a remarkable 86% compound annual growth rate since fiscal 2019, according to a new report by Crisil Intelligence. The industry’s evolution from a subsidy-dependent market to one driven by consumer demand and product innovation signals… Continue reading India’s Electric Two-Wheeler Market Accelerates Amid Policy Shifts, Premiumisation Trend: CRISIL