At a time when India is positioning itself as a hub for global manufacturing and presenting as an alternative to China, the US President Donald Trump said his country will impose a duty of 25% along with a penalty on the export of goods from India from August 1. “Remember, while India is our friend,… Continue reading US to Impose 25% Tariff Plus Penalty on Goods From India
Category: US Motoring Press
US to Impose 25% Tariff Plus Penalty on Goods From India
At a time when India is positioning itself as a hub for global manufacturing and presenting as an alternative to China, the US President Donald Trump said his country will impose a duty of 25% along with a penalty on the export of goods from India from August 1. “Remember, while India is our friend,… Continue reading US to Impose 25% Tariff Plus Penalty on Goods From India
Mahindra Achieves 8% EV Share, Tops e-SUV Revenue Charts
Mahindra & Mahindra (M&M) recorded a new high in its electric vehicle (EV) journey, with EVs accounting for 8 percent of its total SUV volumes in Q1 FY26 — underscoring the brand’s growing traction in India’s emerging e-mobility landscape. The company also retained its No. 1 leadership position in the electric SUV segment, topping both… Continue reading Mahindra Achieves 8% EV Share, Tops e-SUV Revenue Charts
Mahindra Lead Independent Director T.N. Manoharan Passes Away
Mahindra & Mahindra Ltd. said T.N. Manoharan, its Lead Independent Director, passed away on Wednesday, July 30, 2025. The company confirmed the news in an official filing with the National Stock Exchange of India, BSE Limited, The Luxembourg Stock Exchange, and the London Stock Exchange, in compliance with Regulation 30 of the SEBI (Listing Obligations… Continue reading Mahindra Lead Independent Director T.N. Manoharan Passes Away
Greaves Cotton Reports Q1 FY26 Financial Results with Growth Across Segments
Greaves Cotton Limited has announced its financial results for the first quarter of fiscal year 2025–26, ending June 30, 2025. The company reported year-on-year growth in standalone revenue and earnings, driven by performance across its business divisions and operational improvements. Standalone revenue for the quarter reached ₹541 crore, reflecting a 22% increase compared to the… Continue reading Greaves Cotton Reports Q1 FY26 Financial Results with Growth Across Segments
Qualcomm Showcases Automotive Technology Advancements in India at Snapdragon Auto Day
Qualcomm Technologies, Inc. hosted its inaugural Snapdragon for India: Auto Day event in New Delhi, highlighting its growing role in India’s automotive technology ecosystem. The event, attended by Shri Nitin Gadkari, Union Minister of Road Transport and Highways, emphasized the government’s support for technological innovation in transportation. The gathering brought together key stakeholders from India’s… Continue reading Qualcomm Showcases Automotive Technology Advancements in India at Snapdragon Auto Day
Mahindra & Mahindra Reports Strong Q1 Results with 23% Revenue Growth
Mahindra & Mahindra Limited, one of India’s leading automotive and farm equipment manufacturers, reported robust financial results for the first quarter ended June 30, 2025, with consolidated revenue jumping 23% year-on-year to Rs 45,436 crores from Rs 37,010 crores in the same period last year. The company’s net profit attributable to shareholders increased by 24%… Continue reading Mahindra & Mahindra Reports Strong Q1 Results with 23% Revenue Growth
Hyundai Sees Highest-Ever Rural Penetration in Q1 Led by SUV Demand
Even as Hyundai Motor India grapples with a slowdown in overall volumes, one bright spot emerging with clarity is the rural market. In the first quarter of FY26, rural penetration hit an all-time high of 22.6%, a sharp rise from 19.9% in the same quarter last year, signaling a structural shift in buyer demographics for… Continue reading Hyundai Sees Highest-Ever Rural Penetration in Q1 Led by SUV Demand
Banking on Festive Recovery: Hyundai’s Tarun Garg on Navigating Q1 SUV Sales Slump
Hyundai Motor India is facing headwinds in its core SUV business, as the company’s total volume dipped 6% during Q1 FY26 to 1,80,399 units. The company’s domestic dispatches fell 11.5% to 1.32 lakh units and lost the number two position in the India passenger vehicle market for the first time. SUVs now account for 68.4%… Continue reading Banking on Festive Recovery: Hyundai’s Tarun Garg on Navigating Q1 SUV Sales Slump
JBM Auto Reports 10.3% Rise in Q1FY26 Net Profit
JBM Auto Limited, a leading Indian automotive and electric vehicle manufacturer, reported a 10.28% year-on-year increase in net profit for the quarter ended June 30, 2025 (Q1FY26). The company posted a consolidated net profit of ₹36.59 crore, compared to ₹33.18 crore in the corresponding period last year. Total sales including other operating income rose 9.56%… Continue reading JBM Auto Reports 10.3% Rise in Q1FY26 Net Profit