US Motoring Press – Page 1595 – I wish I had more to offer

Utility vehicle share of PV sales jumps to 60% in FY2024, cars and sedans hit new low of 37%

India, which is the fastest growing economy in the world and billed to grow at 6.8 percent in FY2025 by no less than the IMF, is also firing on all cylinders on the passenger vehicle (PV) front. A record 4.21 million cars, SUVs, MPVs and vans were sold in FY2024, an increase of 8% over… Continue reading Utility vehicle share of PV sales jumps to 60% in FY2024, cars and sedans hit new low of 37%

VW workers in Tennessee vote to join UAW in historic win for Detroit union

Kelcey Smith displays UAW buttons in Chattanooga, Tennessee on April 10, 2024. Kevin Wurm | The Washington Post | Getty Images Volkswagen workers in Chattanooga, Tennessee, have overwhelmingly voted to join the United Auto Workers — marking a major milestone for the union and its first successful organizing drive of an automaker outside of Detroit’s… Continue reading VW workers in Tennessee vote to join UAW in historic win for Detroit union

Mercedes-AMG GT hybrid revealed as firm’s quickest car yet

The new plug-in hybrid version of the Mercedes-AMG GT is not just the brand’s quickest-accelerating road car yet, but also one of the fastest cars in production. Arriving just a few months before Porsche is expected to reveal the long-awaited hybrid version of the 911, the GT 63 S E Performance shares its electrified innards with… Continue reading Mercedes-AMG GT hybrid revealed as firm’s quickest car yet

JVs, acquisitions driving diversification at Remsons

Remsons Industries has been a pioneer in manufacturing control cables for vehicles since 1965. With the rapidly evolving automotive landscape, the Mumbai-based auto component maker is now on the path of diversifying its business into next-generation products. A year ago, top management of Remsons had told Autocar Professional that the company aimed reaching a revenue… Continue reading JVs, acquisitions driving diversification at Remsons

JVs, acquisitions driving diversification at Remsons

Wardwizard eyes fresh funds of USD 180 million

Vadodara-based Wardwizard Innovations & Mobility is planning to raise roughly USD 180 million by the end of FY25. Of this, USD 30 million is expected to be raised through an American Depository Receipts (ADR) issue. “We see a good appetite for our ADR issue. It’s based on strong on-ground trends. We see it getting fully… Continue reading Wardwizard eyes fresh funds of USD 180 million

‘Hard to be profitable in India, but the country will play a strategic global role’

At a select media round table recently, Ashwani Muppasani, Chief Operating Officer of Stellantis India and Asia Pacific spoke about how the company will leverage India’s strengths. “I have software in India, I have a huge engineering centre in Bengaluru. I can design from the ground up using the same existing platforms. So India is… Continue reading ‘Hard to be profitable in India, but the country will play a strategic global role’

‘Hard to be profitable in India, but the country will play a strategic global role’

Renault-Nissan Alliance rebooted

It was a show of strength, a commitment to the Indian market and a celebration too. To mark the 25th anniversary of the Renault-Nissan Alliance, the global board made a historic visit to India. It was the first time that all three heads – the global CEOs of both the Renault and Nissan brands as… Continue reading Renault-Nissan Alliance rebooted