New KTM Adventure Range Introduced in India, Starting at ₹2.59 Lakh

KTM, Europe’s leading premium motorcycle manufacturer, today announced the launch of its highly anticipated 2025 Adventure motorcycle range in India, marking a significant evolution in the adventure touring segment. The new lineup introduces three distinct models catering to different rider preferences. The flagship KTM 390 Adventure, priced at ₹3,67,699 (Ex-showroom Delhi), leads the range with… Continue reading New KTM Adventure Range Introduced in India, Starting at ₹2.59 Lakh

Rolls-Royce Launches Ghost Series II in India, Starting at Rs. 8.95 Crore

Rolls-Royce Motor Cars has officially launched its latest iteration of the Ghost Series II in India, marking a significant milestone for the luxury automotive manufacturer. The vehicle, now available for order at Rolls-Royce’s Chennai and New Delhi showrooms, represents the most technologically sophisticated V12 model in the company’s lineup. The new Ghost Series II showcases… Continue reading Rolls-Royce Launches Ghost Series II in India, Starting at Rs. 8.95 Crore

Bookings for Mahindra BE 6 and XEV 9e to open next week

Mahindra will open bookings for its complete lineup of XEV 9e and BE 6 Electric Origin SUVs on February 14, 2025, at 9 AM in Mumbai. The phased delivery schedule is set to begin mid-March 2025 with Pack Three variants, while other packs will be delivered between June and August 2025. Customers can indicate their… Continue reading Bookings for Mahindra BE 6 and XEV 9e to open next week

Indian govt accuses Kia of evading $155 million in taxes: Report 

India has accused Kia of evading taxes to the tune of $155 million by misclassifying component imports, Reuters reported.  The carmaker has denied any wrongdoing. This marks the latest tiff by an automaker with the Delhi government over tariffs, as per a document and two persons in the know, Reuters reported.  Tax officials sent a… Continue reading Indian govt accuses Kia of evading $155 million in taxes: Report 

OPG Mobility Rewards EV Owners with ‘Silent Miles’ Referral Program

OPG Mobility, the electric vehicle manufacturer formerly known as Okaya EV, today announced a new customer referral initiative that offers financial incentives to existing Ferrato owners who help bring in new customers. The program, dubbed “Silent Miles,” provides a ₹1,000 cashback reward to current Ferrato electric two-wheeler owners when they successfully refer a new customer.… Continue reading OPG Mobility Rewards EV Owners with ‘Silent Miles’ Referral Program

Lucas TVS bets big on diverse portfolio for future growth

Tier-1 major Lucas TVS is bullish about strong growth in the coming years. The company is betting big on the growing demand for its products, which comprise a healthy mix of ICE and EV components.  Arvind Balaji, Managing Director, Lucas TVS, says, “ICE will contribute a much bigger portion of our revenues, and we expect a… Continue reading Lucas TVS bets big on diverse portfolio for future growth

Ford says reports on India return delay untrue 

Recent media reports said that Ford was rethinking its India strategy on account of the shift in the US political climate that’s pushing its companies to produce locally. Another factor, according to reports, is the investment needed to make its Tamil Nadu plant operation-worthy again. However, when contacted, Ford said that the reports were untrue… Continue reading Ford says reports on India return delay untrue 

Ola Electric enters motorcycle market with Roadster X series starting at ₹74,999

Ola Electric, India’s largest EV manufacturer, announced its entry into the electric motorcycle segment with the launch of the Roadster X series on February 5, 2025. The new series includes five variants with prices ranging from ₹74,999 to ₹1,54,999, with deliveries scheduled to begin in mid-March. The top-end Roadster X+ 9.1kWh variant, featuring the 4680… Continue reading Ola Electric enters motorcycle market with Roadster X series starting at ₹74,999

Nissan calls off merger talks with Honda: Report

Nissan has cancelled merger discussions with Honda. This effectively puts on hold what would have been the world’s number three automaker, Reuters reported.  Nissan shares fell more than 4% before trade was suspended by Tokyo Stock Exchange, following the report by Nikkei. Honda shares were up around 8%, in signs of relief about the deal… Continue reading Nissan calls off merger talks with Honda: Report

Sterling Tools Reports 0.15% Increase in PAT in Q3FY25 at Rs 13.60 Crore

Sterling Tools Ltd (STL), an automotive fastener manufacturer, reported a profit after tax of Rs 13.6 crore for the third quarter of FY25, up from Rs 13.58 crore during the same period previous year. The company’s consolidated total income grew by 12.3% year-over-year to Rs 262.7 crore in Q3 FY25, compared to Rs 234.0 crore… Continue reading Sterling Tools Reports 0.15% Increase in PAT in Q3FY25 at Rs 13.60 Crore