What’s the new equity structure of the joint venture going to look like? This joint venture has 35% from the JSW Group. Indian financial institutions will hold 8%, dealers 3% and employees 5%. This will happen over a period of time because employees have to access this (ESOPs) over the next four to five years.… Continue reading ‘We’re going to target more mainstream vehicles than premium ones going forward’: Rajeev Chaba
Category: US Motoring Press
‘Steeling’ its way into auto: How the JSW, MG Motor India JV will play out
The event in mid-March announcing the formal launch of JSW MG Motor India — a joint venture between the JSW Group and the Shanghai Automotive Industry Corporation’s (SAIC) Motor’s British brand MG Motor India — was one of utmost confidence, giving the country’s auto industry much to look forward to. “We will launch one newly-designed… Continue reading ‘Steeling’ its way into auto: How the JSW, MG Motor India JV will play out
Alpine to run hydrogen-combustion supercar at Spa next month
Alpine’s radical Alpenglow concept will hit the track for the first time next month, using a hydrogen-fuelled combustion engine that the brand suggests could soon feature in its road cars. Revealed as a static concept at the Paris motor show in 2022, the futuristic Alpenglow will be driven for the first time at Spa-Francorchamps ahead… Continue reading Alpine to run hydrogen-combustion supercar at Spa next month
Elon Musk confirms meeting with Prime Minister Modi in India
Tesla is now back with its India plans and its chief Elon Musk is set to visit India. Musk today confirmed that would be meeting Prime Minister Narendra Modi in India. “Looking forward to meeting with Prime Minister @NarendraModi in India!,” Musk said in a post on X (formerly Twitter) today. Musk did not share… Continue reading Elon Musk confirms meeting with Prime Minister Modi in India
Toyota’s first new 4Runner SUV in 15 years will offer a hybrid engine
2025 Toyota 4Runner TRD Pro Toyota Toyota Motor revealed a new 4Runner SUV for the first time in nearly 15 years — completing a recent redesign of the automaker’s current trucks and SUVs. Aside from its new looks, which are similar to the recently redesigned Toyota Tacoma pickup, the 2025 4Runner will be offered with… Continue reading Toyota’s first new 4Runner SUV in 15 years will offer a hybrid engine
Mercedes-Benz EQS gains new face and 511-mile range
The Mercedes-Benz EQS electric saloon has gained an extra 51 miles of range and a new front-end design echoing the firm’s traditional radiator grille as part of a range of major upgrades. The BMW i7 rival will also receive a host of interior updates, with the option of more luxurious rear seats, new driver assistance features and the deployment… Continue reading Mercedes-Benz EQS gains new face and 511-mile range
Alfa Romeo Milano: firm’s smallest model gets hot 237bhp EV
Alfa Romeo has revealed the Milano as its third SUV and its first series-production electric car. Named for the brand’s hometown, the urban-focused crossover is positioned as the spiritual successor to the Giulietta and Mito hatchbacks, majoring on accessibility but offering both premium appeal and driver engagement in a bid to “attract a new generation of… Continue reading Alfa Romeo Milano: firm’s smallest model gets hot 237bhp EV
Aston Martin to keep combustion cars on sale well into 2030s
There will “always be demand” for combustion-engined cars, according to Aston Martin chairman Lawrence Stroll, who has pledged to keep selling them for as long as he is legally allowed to. Aston Martin recently pushed back its plans to launch its first electric car in 2025 to 2027 and has increased investments in plug-in hybrid technology… Continue reading Aston Martin to keep combustion cars on sale well into 2030s
Lamborghini Huracan STJ is swansong for famed V10
Lamborghini has revealed the ultra-limited Huracán STJ – the firm’s final ever car to be fitted with a V10 engine and the jointly most powerful Huracán ever built. Just 10 examples of the STJ – Super Trofeo Jota – will be built. That will effectively see out the Huracán’s production, which started back in 2014, before the… Continue reading Lamborghini Huracan STJ is swansong for famed V10
Porsche Taycan Turbo GT
Though it’s perhaps not quite as impressive as how it accelerates, the Turbo GT does a remarkably good job of carrying and disguising its weight when cornering, which it does with amazingly level body control, intuitively weighted and communicative steering, and a sweetness of handling balance that endures right up to and beyond the limit… Continue reading Porsche Taycan Turbo GT