The Society of Indian Automobile Manufacturers (SIAM) has hailed the India–UK Comprehensive Economic and Trade Agreement (CETA) as a landmark step in India’s global economic strategy, particularly in engaging with developed markets. Commenting on the deal, SIAM President Shailesh Chandra congratulated the government of India for its “tireless efforts” in bringing the agreement to fruition… Continue reading UK Trade Deal Landmark Step in Strengthening India’s Trade: SIAM
Category: US Motoring Press
Volkswagen Group Cuts 2025 Outlook Amid Tariffs, EV Mix and Restructuring Costs
The Volkswagen Group has revised its full-year 2025 financial guidance downward, citing continued pressure from U.S. import tariffs, restructuring expenses, and a growing share of lower-margin electric vehicles in its sales mix. According to the company’s updated outlook, group sales revenue for 2025 is now expected to remain flat compared to the previous year, abandoning… Continue reading Volkswagen Group Cuts 2025 Outlook Amid Tariffs, EV Mix and Restructuring Costs
Renault Group Reports 1.3% Rise in Global Sales in H1 2025 Amid Market Challenges
Renault Group announced a 1.3% year-on-year increase in global vehicle sales during the first half of 2025, with total registrations reaching 1,169,773 units. The Group’s brands – Renault, Dacia, and Alpine – demonstrated resilience amid a complex market environment, bolstered by strong international performance and continued electrification efforts. In Europe, the Group recorded 708,106 vehicle… Continue reading Renault Group Reports 1.3% Rise in Global Sales in H1 2025 Amid Market Challenges
Schaeffler India Reports 12% Rise in H1 FY2025 Revenue, Net Profit at ₹561.6 Crore
Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) announced its financial results for the second quarter and half year ended June 30, 2025, following approval by its Board of Directors. In the second quarter (April–June 2025), the company posted net revenue from operations of ₹2,282.1 crore, reflecting a 10.1% increase over the same quarter last year… Continue reading Schaeffler India Reports 12% Rise in H1 FY2025 Revenue, Net Profit at ₹561.6 Crore
Zen Mobility’s Micro Pod Aims to Bridge Last-Mile Delivery Gap
India’s electric cargo three-wheeler market is expanding rapidly, dominated by established players and volumedriven startups. Yet, in this crowded landscape, Zen Mobility is positioning itself as a challenger brand with a focused proposition. Rather than competing head-on in the high-volume race, the company is targeting a specific gap in urban last-mile delivery with its Micro… Continue reading Zen Mobility’s Micro Pod Aims to Bridge Last-Mile Delivery Gap
India-UK FTA to Cut Import Duties on Goods Vehicles to 8.8% Over 5 Years
In a move poised to reshape the import dynamics of commercial vehicles, India will progressively reduce duties on completely built units (CBUs) of internal combustion engine (ICE) goods vehicles imported from the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). According to a document from the Ministry of Commerce, the current base… Continue reading India-UK FTA to Cut Import Duties on Goods Vehicles to 8.8% Over 5 Years
JSW MG Motor India Launches Electric Roadster Cyberster at ₹72.49 Lakh
JSW MG Motor India launched the Cyberster electric roadster on July 25, 2025, priced at ₹72.49 lakh for pre-reserved bookings and ₹74.99 lakh for fresh bookings. The vehicle will be available through the company’s MG SELECT luxury brand channel across 13 cities, with deliveries beginning August 10, 2025. The Cyberster features a dual-motor all-wheel-drive system… Continue reading JSW MG Motor India Launches Electric Roadster Cyberster at ₹72.49 Lakh
Volkswagen Opens New Dealership in Patiala, Expands Punjab Network
Volkswagen India announced the opening of a new customer facility in Patiala, Punjab, on July 25, 2025, marking another step in the company’s expansion across northern India. The inauguration brings the brand’s total network in Punjab, Chandigarh, and Panchkula to 11 sales and 7 service touchpoints. The Patiala facility operates from two locations and employs… Continue reading Volkswagen Opens New Dealership in Patiala, Expands Punjab Network
Sona Comstar’s Former Chairperson Seeks AGM Deferral Over Coercion Claims
Rani Kapur, former Chairperson and wife of Sona Comstar’s founder, has requested the deferral of the company’s July 25 Annual General Meeting of Shareholders, citing allegations of coercion and misrepresentation, according to CNBCTV18. In a letter, Kapur stated she was forced to sign documents under duress and has been denied access to their contents despite… Continue reading Sona Comstar’s Former Chairperson Seeks AGM Deferral Over Coercion Claims
STUDDS Launches Batman Edition Drifter Helmet at Rs 2,995
STUDDS Accessories Ltd., has launched the Batman Edition Drifter helmet in collaboration with Warner Bros. Discovery Global Consumer Products India. The full-face helmet starts at Rs 2,995 and is available in seven color combinations with both ISI and DOT safety certifications. The launch marks the beginning of a broader collaboration to introduce high-performance helmets inspired… Continue reading STUDDS Launches Batman Edition Drifter Helmet at Rs 2,995