Montra Electric, the electric vehicle brand under TI Clean Mobility Private Limited of the Murugappa Group, has opened a new three-wheeler dealership in Bengaluru through a partnership with Rainland Autocorp. The dealership is located on Mysore Road, opposite the Satellite Bus Stand in Bapujinagar. This marks Montra Electric’s fourth dealership in Bengaluru and its first… Continue reading Montra Electric Opens New Three-Wheeler Dealership in Bengaluru in Partnership with Rainland Autocorp
Author: Autocar_Professional India Online News
KPIT Technologies Expects Caresoft Acquisition Closure by Quarter End
KPIT Technologies Limited announced in its mid-quarter update for June 2025 that it expects to close its acquisition of Caresoft’s Global Engineering Solutions Business by the end of the current quarter, with revenues from the acquired business to be consolidated beginning Q2FY26. The Pune-based technology company’s board approved the 100% acquisition in May 2025, and… Continue reading KPIT Technologies Expects Caresoft Acquisition Closure by Quarter End
EV91Technologies Launches Electric Two-Wheeler Fleet Operations in Delhi
EV91Technologies Private Limited launched its flagship electric two-wheeler operations fleet in Delhi on June 23, 2025, establishing a service facility equipped with diagnostic tools and trained professionals to support the company’s expansion across Delhi-NCR. The electric mobility startup positioned the launch as part of its commitment to building an inclusive electric vehicle ecosystem in India.… Continue reading EV91Technologies Launches Electric Two-Wheeler Fleet Operations in Delhi
Sona Comstar Appoints New Chairperson; Honours Late Sunjay Kapur as Chairman Emeritus
The Board of Sona BLW Precision Forgings Ltd. (Sona Comstar), in its meeting held on June 23, 2025, made several key decisions including leadership changes, board appointments, committee reconstitutions, and amendments to its Memorandum of Association. Sona Comstar announced several outcomes from its Board of Directors meeting held on Monday. The Board posthumously designated Late… Continue reading Sona Comstar Appoints New Chairperson; Honours Late Sunjay Kapur as Chairman Emeritus
TVS Motor Company Launches HLX 150 5G Motorcycle in Congo
TVS Motor Company announced the launch of its HLX 150 5G motorcycle in the Republic of Congo on June 23, 2025, at 3:30 PM in Lubumbashi. The Indian two-wheeler manufacturer introduced the new version with enhanced features including LED headlamp, adjustable rear suspension, and tubeless tyres as part of its continued expansion in African markets.… Continue reading TVS Motor Company Launches HLX 150 5G Motorcycle in Congo
VinFast Showcases VF 7 and VF 6 Electric SUVs at Shopping Malls Across India
VinFast has launched a public showcase of its electric SUV models, the VF 7 and VF 6, across major shopping malls in 11 Indian cities. This initiative marks the first widespread public display of the two models in local markets following their initial debut at the Bharat Mobility Global Expo earlier this year. The display… Continue reading VinFast Showcases VF 7 and VF 6 Electric SUVs at Shopping Malls Across India
PPS Motors Opens Two New Mahindra Dealerships in Pune
PPS Motors, Mahindra’s largest dealer in India, inaugurated two new Mahindra dealerships in Pune on Monday, expanding its presence to eight outlets in the city and bringing its total national network to 137 Mahindra facilities across six states. The primary facility at Katraj, Ambegaon was inaugurated by Baneswar Banerjee, National Sales Head and VP at… Continue reading PPS Motors Opens Two New Mahindra Dealerships in Pune
India’s Current Account Balance Records Surplus in Q4 FY25
India’s current account balance turned to a surplus of approximately USD 7 billion (0.7% of GDP) in the fourth quarter of FY25, marking the first surplus after three consecutive quarters of deficit, according to India Ratings and Research (Ind-Ra). The surplus represents an improvement from USD 4.6 billion (0.5% of GDP) recorded in Q4 FY24… Continue reading India’s Current Account Balance Records Surplus in Q4 FY25
Antonio Filosa Unveils New Stellantis Leadership Team on First Day as CEO
Antonio Filosa has assumed the role of Chief Executive Officer of Stellantis N.V. and announced a new leadership team structure, effective immediately. Filosa retains his previous role as head of North America and American Brands alongside his CEO responsibilities. The leadership restructuring builds on organizational changes announced by the company in February 2025. “It is… Continue reading Antonio Filosa Unveils New Stellantis Leadership Team on First Day as CEO
Mercedes Leads FY2025 Luxury Car Market; E-Class LWB Emerges as Top Seller
Even though the Indian luxury car market saw tepid growth, the segment remains dynamic, driven by premium SUVs, expanding EV portfolios and greater localisation. The top five players in the segment, namely Mercedes-Benz, BMW, Jaguar Land Rover, Audi and Volvo, added 48,849 units to the total sales tally in FY25, a minuscule 0.55 percent year-on-year… Continue reading Mercedes Leads FY2025 Luxury Car Market; E-Class LWB Emerges as Top Seller