Kabira Mobility, an Indian electric two-wheeler manufacturer, has announced a discount campaign for veterans and active service members of the Indian Armed Forces. The campaign, which runs from 15th to 30th November 2024, offers discounts on its electric vehicle range to personnel from the Army, Navy, Air Force, and Paramilitary Forces, including the BSF, CRPF,… Continue reading Kabira Mobility announces exclusive discounts for armed forces veterans and service members
Category: US Motoring Press
Honda reveals new Passport SUV
Honda has taken the wraps off the all-new fourth-generation Passport SUV globally. The new Honda Passport is slightly bigger with a more upright and tougher look compared to its predecessor. It even gets an off-road focused TrailSport variant which is indicative of Honda positioning it as a rugged go-anywhere SUV. The new Passport SUV ditches… Continue reading Honda reveals new Passport SUV
Hyundai elevates chief operating officer Jose Munoz to CEO
Hyundai has named chief operating officer Jose Muñoz as its new global CEO. He will take the reins on 1 January from Jaehoon Chang, who has been promoted to vice chair of the company’s automotive division. Born in Spain, Muñoz will be the first non-Korean to lead Hyundai Motor Company since it was founded in 1967. Joining Hyundai… Continue reading Hyundai elevates chief operating officer Jose Munoz to CEO
Hyundai elevates chief operating officer Jose Munoz to CEO
Hyundai has named chief operating officer Jose Muñoz as its new global CEO. He will take the reins on 1 January from Jaehoon Chang, who has been promoted to vice chair of the company’s automotive division. Born in Spain, Muñoz will be the first non-Korean to lead Hyundai Motor Company since it was founded in 1967. Joining Hyundai… Continue reading Hyundai elevates chief operating officer Jose Munoz to CEO
Small EVs dominate Car of the Year 2025 shortlist
The list of the seven finalists for the 2025 edition has just been published, and the 60 jurors from 23 European countries have had to choose from among 42 models those they consider most likely to win the continental award. The winner of ‘The Car Of The Year’ award will be announced on January 10,… Continue reading Small EVs dominate Car of the Year 2025 shortlist
I love planes, but driving is just better
Steve Cropley recently said he’d rather have driven than flown home from an event, even though it would have taken longer. He absolutely, resolutely, talked my language. As I write I’m on an aeroplane. I love planes, enjoy being in the air and think modern aviation is one of humankind’s greatest achievements, shrinking the planet,… Continue reading I love planes, but driving is just better
OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive
Indian truck manufacturers, including Tata Motors and Ashok Leyland, advocated for component-level incentives and long-term asset utilization to boost the effectiveness of the Rs 500 crore PM E-Drive subsidy for electric trucks, during a consultative meeting hosted by the Ministry of Heavy Industries. Leaders from original equipment manufacturers (OEMs) asked the government to undertake programs… Continue reading OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive
OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive
Indian truck manufacturers, including Tata Motors and Ashok Leyland, advocated for component-level incentives and long-term asset utilization to boost the effectiveness of the Rs 500 crore PM E-Drive subsidy for electric trucks, during a consultative meeting hosted by the Ministry of Heavy Industries. Leaders from original equipment manufacturers (OEMs) asked the government to undertake programs… Continue reading OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive
Setco Auto records highest ever revenue in H1FY25 led by strong demand
Setco Automotive Ltd, one of India’s largest Medium and Heavy Commercial Vehicles (MHCV) clutch manufacturers, reported a 10% increase in revenue from operations in Q2 FY25 to Rs 159.9 crore up from Rs 145.7 crore in Q2 FY24. The company’s EBITDA for Q2 FY25 was Rs 26.0 crore, a 104% year-on-year growth from Rs 12.7… Continue reading Setco Auto records highest ever revenue in H1FY25 led by strong demand
GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT – General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the… Continue reading GM lays off 1,000 employees amid reorganization, cost-cutting