Tessolve, a global engineering solutions provider specializing in semiconductor and system design, has announced its membership in the eSync Alliance, a nonprofit organization focused on standardizing over-the-air (OTA) software updates and data collection in automotive electronics. The partnership aims to integrate Tessolve’s hardware and software capabilities with the eSync Alliance’s standardized architecture for connected vehicles.… Continue reading Tessolve Joins eSync Alliance to Advance Automotive Connectivity Standards
Category: US Motoring Press
GST 2.0 Sparks Festive Momentum, Revs Up Auto Retail Sales in September
India’s automobile retail industry ended September 2025 on a positive note, clocking 5.22% year-on-year growth, driven by the rollout of GST 2.0 reforms and the onset of the festive season. The Federation of Automobile Dealers Associations (FADA) said demand picked up sharply in the final week of the month, reversing the muted start that saw… Continue reading GST 2.0 Sparks Festive Momentum, Revs Up Auto Retail Sales in September
Skoda Octavia RS bookings open ahead of October 17 launch
Skoda has officially opened bookings for the much-anticipated Octavia RS in India ahead of its price reveal on October 17, 2025. Interested buyers can reserve one through the brand’s official website for a token amount of Rs 2.50 lakh. However, only 100 units have been earmarked for India, all arriving as full imports (CBUs). The… Continue reading Skoda Octavia RS bookings open ahead of October 17 launch
EV Share of 3W Market at 60% in January-September, CNG Share Drops to 25%
With three months left to go in CY2025, the electric three-wheeler industry, the second-largest contributor to EV sales in the country after two-wheelers, is well set to achieve its best-ever calendar-year sales this year. As per retail sales statistics on the Vahan portal, a total of 555,263 units were delivered between January and September, up… Continue reading EV Share of 3W Market at 60% in January-September, CNG Share Drops to 25%
EVs Are Key to CAFE-3 Compliance and Future Growth, Says Mahindra’s Gollagunta
Mahindra & Mahindra (M&M) is banking on the electrification of its portfolio to stay ahead of tightening efficiency and emissions regulations, even as it fine-tunes its internal combustion engine (ICE) portfolio and expands customer choice across segments. As India prepares for the next phase of Corporate Average Fuel Efficiency norms, which will impose stricter CO₂… Continue reading EVs Are Key to CAFE-3 Compliance and Future Growth, Says Mahindra’s Gollagunta
BYD’s UK sales soar 880%, making it the EV-maker’s largest market outside China
BYD has slashed its sales target for this year by as much as 16% to 4.6 million vehicles, two people with knowledge of the matter said. Cfoto | Future Publishing | Getty Images Chinese electric carmaker BYD sold 11,271 cars in the U.K. last month, the company said on Monday, representing year-on-year growth of 880%.… Continue reading BYD’s UK sales soar 880%, making it the EV-maker’s largest market outside China
Tesla’s stock jumps 5% after teaser video sparks speculation of Roadster or mass market model
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters Tesla shares rose more than 5% on Monday after the electric vehicle maker posted a teaser video on X sparking speculation that the company could be… Continue reading Tesla’s stock jumps 5% after teaser video sparks speculation of Roadster or mass market model
Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil
The Aston Martin DB12 Goldfinger Edition during the 007 takeover of Burlington Arcade on Oct. 29, 2024, in London, England. Dave Benett | Getty Images Entertainment | Getty Images Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry… Continue reading Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil
Mercedes-Benz India Sees Sharp, 36% Jump in September Sales.
Mercedes-Benz India reported its highest-ever monthly sales in September 2025, with retail volumes growing 36% year-over-year, driven primarily by the government’s GST 2.0 reforms that reduced tax rates on luxury vehicles and coincided with the festive buying season. The German automaker retailed over 2,500 units during the nine-day Navratri festival period alone, marking the company’s… Continue reading Mercedes-Benz India Sees Sharp, 36% Jump in September Sales.
Tenneco Clean Air India Receives SEBI Approval for ₹3,000 Crore IPO
Tenneco Clean Air India Limited has received observations from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering, marking a significant step toward listing on Indian stock exchanges. The IPO comprises an offer-for-sale of up to ₹3,000 crore by Tenneco Mauritius Holdings Limited, the promoter selling shareholder. Each equity share… Continue reading Tenneco Clean Air India Receives SEBI Approval for ₹3,000 Crore IPO