Electric two-wheeler maker Ather Energy sees the absence of Production Linked Incentive (PLI) benefits for the company as a long-term structural advantage, with CEO Tarun Mehta arguing that operating without policy-linked subsidies allows it to build a more robust pricing and profitability framework. “Us not having PLI is actually one of the strongest and one… Continue reading Here is why Ather Energy Sees Staying Outside the PLI Scheme as a Long-Term Advantage
Category: US Motoring Press
Belrise Industries Q3 FY26 Revenue Rises 8%
Belrise Industries Ltd reported a 35.9% year-on-year rise in profit before tax (PBT) to ₹177.5 crore for the December quarter (Q3 FY26), while consolidated revenue increased 8% to ₹2,340.5 crore, according to its unaudited results. For the first nine months of FY26, PBT rose 62.5% to ₹497.7 crore, supported by a 15.6% increase in revenue… Continue reading Belrise Industries Q3 FY26 Revenue Rises 8%
Ather Energy to Set up Subsidiary in Hong Kong to Strengthen Supply Chain
Electric two-wheeler maker Ather Energy is setting up a wholly owned subsidiary in Hong Kong to support critical procurement functions and strengthen supply chain resilience across the Asia-Pacific region. In a regulatory filing to stock exchanges, the company said its board has approved the proposal, and the subsidiary will be fully owned by Ather Energy.… Continue reading Ather Energy to Set up Subsidiary in Hong Kong to Strengthen Supply Chain
Ferrari Tailor Made 12Cilindri goes large on K-pop, horsehair and neon
Tracing its roots back to the 250 and more closely in design-terms, the Daytona, the Ferrari 12Cilindri is Ferrari’s current GT flagship. That makes it an obvious target for Ferrari’s personalisation programme and the result of some in-depth fettling is the new Ferrari Tailor Made 12Cilindri. Ferrari says the Tailor Made 12Cilindri is the work… Continue reading Ferrari Tailor Made 12Cilindri goes large on K-pop, horsehair and neon
How to buy a used supercar: driving thrills without the horrendous bills
Admittedly, when we first entered, the sight of a one-of-799 Ferrari F12tdf listed for £900,000 nearly had us make a U-turn straight for the gleaming glass doors we’d stepped through just moments prior; the cynic inside us can’t help but wonder whether its placement is designed to act as a deterrent for any chancers looking… Continue reading How to buy a used supercar: driving thrills without the horrendous bills
Used Ferrari F430 (2005-2009) buyer’s guide: fast, fun and almost affordable
The F430’s bodywork is all aluminium, so it doesn’t rust. But it can corrode, so check for signs of bubbling, especially where the panels meet. Most F430s have had some paint rectification by now. Light duties There are four separate rear light units and they can work loose once their retaining fixings have snapped off.… Continue reading Used Ferrari F430 (2005-2009) buyer’s guide: fast, fun and almost affordable
Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Software and non-vehicle revenue accounted for 14% of Ather Energy’s total income in the third quarter of FY26, underlining the growing role of software in the electric two-wheeler maker’s business model as margins improved sharply. Speaking during the company’s Q3 FY26 earnings call, Tarun Mehta, Executive Director and CEO of Ather Energy, said non-vehicle revenue… Continue reading Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Software and non-vehicle revenue accounted for 14% of Ather Energy’s total income in the third quarter of FY26, underlining the growing role of software in the electric two-wheeler maker’s business model as margins improved sharply. Speaking during the company’s Q3 FY26 earnings call, Tarun Mehta, Executive Director and CEO of Ather Energy, said non-vehicle revenue… Continue reading Software Contributes 14% to Ather’s Q3 Revenue; Tarun Mehta Says there’s More Room
Hyundai’s Rural Sales Hit Record High in Q3 as SUVs Gain Ground
Hyundai Motor India Ltd has reported its highest-ever quarterly contribution from rural markets, underscoring a structural shift in demand as sport utility vehicles gain popularity beyond urban centres. Rural markets accounted for over 24% of Hyundai’s domestic sales in the December quarter, the highest level recorded so far, Managing Director and CEO Tarun Garg said… Continue reading Hyundai’s Rural Sales Hit Record High in Q3 as SUVs Gain Ground
Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai
Recent GST rate reforms have triggered a sharp recovery in India’s passenger vehicle market, reviving demand across segments after a prolonged slowdown. While expectations were high for a turnaround in small cars and hatchbacks, Hyundai Motor India says compact SUVs have emerged as the biggest beneficiaries of the tax cut, even as the hatchback segment… Continue reading Compact SUVs Largest Beneficiary of GST 2.0, Hatch Share Declining: Hyundai