Getty / Futurism Last week, Tesla shareholders approved an enormous $1 trillion pay package for its controversial CEO Elon Musk. While that may sound like an Earth-shattering amount of cash, the compensation plan will only be paid out if the EV maker achieves some extremely ambitious company goals — like delivering 20 million Tesla vehicles… Continue reading Tesla’s AI Boss Issues Grim Warning to Workers
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TVS SCS Q2 profit rises 54% to ₹16.31 crore
Revenue from the Integrated Supply Chain Solutions (ISCS) segment rose 8.41 per cent year-on-year in Q2 to ₹1,993.01 crore. TVS Supply Chain Solutions reported a consolidated net profit of ₹16 crore in Q2 FY26, up 54 per cent from ₹11 crore a year earlier. Consolidated revenue for the quarter under review was ₹2,662.63 crore, rising… Continue reading TVS SCS Q2 profit rises 54% to ₹16.31 crore
Passenger vehicles drive October auto sales with 17.2 per cent surge: SIAM
Passenger cars reached 1,39,273 units, reporting a growth of 8.7 per cent, while utility vehicles reached 2,51,144 units a growth of 10.7 per cent. India’s automobile sector delivered a robust performance in October 2025, with passenger vehicles (PVs) leading the industry’s growth momentum on the back of early festive demand and the positive impact of… Continue reading Passenger vehicles drive October auto sales with 17.2 per cent surge: SIAM
Tata Motors PV Q2 Hit by JLR Cyber Shock; One-Time Gain Masks Underlying Loss
Tata Motors Passenger Vehicles Ltd. on Friday reported weakness across key earnings metrics for the September quarter, due to the significant impact of the cyber incident at JLR. However, the automaker’s consolidated bottom line came in at ₹74,129 crore, up sharply from ₹3,521 crore in the year-ago period. The jump was purely a result of… Continue reading Tata Motors PV Q2 Hit by JLR Cyber Shock; One-Time Gain Masks Underlying Loss
Higher GST on Big Bikes May Stall Investments, Curb Manufacturing Scale: Royal Enfield Cautions
Royal Enfield has warned that India risks losing its advantage in the global mid-size motorcycle market if the government does not reconsider the steep 40% GST levied on models above 350cc. The company said the sharp disparity in tax rates–18% for motorcycles up to 350cc and 40% for anything above–could suppress demand, reduce scale, and… Continue reading Higher GST on Big Bikes May Stall Investments, Curb Manufacturing Scale: Royal Enfield Cautions
India’s Auto Industry Shifts Into High Gear with Record October 2025 Performance
The auto industry witnessed a notable surge in demand across major vehicle categories, driven largely by the festive season and the GST rate reduction implemented in late September, according to numbers from Society of Indian Automobile Manufacturers (SIAM). Despite some logistical constraints affecting supply chains, overall industry activity remained robust. Total production of passenger vehicles,… Continue reading India’s Auto Industry Shifts Into High Gear with Record October 2025 Performance
Could Hydrogen Trucks Be as Cheap to Run as Diesel? Glickenhaus Thinks So – Fuel Cells Works
Could Hydrogen Trucks Be as Cheap to Run as Diesel? Glickenhaus Thinks So Fuel Cells Works Go to Source
Ineos to cut hundreds of jobs as carmaker struggles with debts – The Guardian
Ineos to cut hundreds of jobs as carmaker struggles with debts The Guardian Go to Source
Ineos Automotive to shed hundreds of jobs in restructuring effort – AM-online
Ineos Automotive to shed hundreds of jobs in restructuring effort AM-online Go to Source
Ineos to axe ‘several hundred’ jobs as losses continue – Autocar
Ineos to axe ‘several hundred’ jobs as losses continue Autocar Go to Source