Minda Corporation Limited, the flagship company of Spark Minda Group, appointed Ajay Agarwal as President – Finance & Strategy today to support the company’s strategic growth initiatives and financial operations. The appointment comes as the automotive component manufacturer enters its next phase of growth. Agarwal, a Chartered Accountant and Lawyer with over 24 years of… Continue reading Minda Corporation Appoints Ajay Agarwal as President, Finance & Strategy
Category: US Motoring Press
Steel Strip Wheels to Expand Capacity in FY26 Amid Export Growth
Steel Strip Wheels Ltd (SSWL), a leading Indian wheel manufacturer, is planning to expand its annual wheel manufacturing capacity to 5.3 million units by FY26 from the current 4.8 million units in FY25. The expansion comes as the company positions itself to capitalize on expected orders from Maruti Suzuki and anticipates a gradual recovery in… Continue reading Steel Strip Wheels to Expand Capacity in FY26 Amid Export Growth
How AI Can Increase Transparency & Boost Revenue for Used Car Market
The global used car market is experiencing rapid growth, driven by factors such as rising consumer preference for cost-effective mobility, economic uncertainties affecting new car purchases, and supply chain disruptions in the automotive industry. According to a recent CARS24 report, the Indian used car industry is projected to reach USD 100 billion by 2034, growing… Continue reading How AI Can Increase Transparency & Boost Revenue for Used Car Market
Happy Forgings Sees Global CV Market Fall in FY26 Due to US Class8 Weakness
Happy Forgings Limited (HFL), a leading auto components manufacturer specializing in forged and machined products for commercial vehicles, tractors, passenger vehicles, and industrial applications, has forecasted a decline in the global commercial vehicle (CV) market for the financial year 2026, citing significant weakness in the US Class8 truck segment. According to the company’s latest quarterly… Continue reading Happy Forgings Sees Global CV Market Fall in FY26 Due to US Class8 Weakness
Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Eurogrip Tyres, a leading Indian tyre manufacturer, is exhibiting its high-end two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition in Medellín, Colombia. The four-day event, which runs from May 15-18, 2025, at Plaza Mayor, represents one of South America’s most significant commercial platforms for the two-wheeler industry. The company’s… Continue reading Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Eurogrip Tyres, a leading Indian tyre manufacturer, is exhibiting its high-end two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition in Medellín, Colombia. The four-day event, which runs from May 15-18, 2025, at Plaza Mayor, represents one of South America’s most significant commercial platforms for the two-wheeler industry. The company’s… Continue reading Eurogrip Tyres Showcases Premium Two-Wheeler Tyre Range at Colombia’s F2R Expo
Daimler Truck Appoints Raghavendra Vaidya as New Chief Information Officer
Raghavendra Vaidya has been appointed as the new Chief Information Officer of Daimler Truck, effective June 1, 2025. The announcement was made today in India, where Vaidya currently serves as Managing Director and Chief Executive Officer at Daimler Truck Innovation Center India (DTICI). He will replace Marcus Claesson, who is leaving the company of his… Continue reading Daimler Truck Appoints Raghavendra Vaidya as New Chief Information Officer
Exclusive: HMSI Eyes Output of 7.7 million units by FY30
Honda Motorcycle & Scooter India (HMSI) has laid out an ambitious roadmap to scale up to 7.7 million units annually by FY30, signaling its most aggressive push yet to challenge Hero MotoCorp’s dominance in the Indian two-wheeler market. This means that the company intends to grow at a compound annual growth rate (CAGR) of 5.7%.… Continue reading Exclusive: HMSI Eyes Output of 7.7 million units by FY30
EV charger rollout is failing disabled drivers
A parliamentary report has criticised the absence of electric car charge points that fully satisfy new standards for disabled driver access, concluding that “the interests of disabled drivers have been left behind in the rollout”. The Public Accounts Committee’s paper into the UK’s EV charge point network also claimed that of the 15,000 rapid and… Continue reading EV charger rollout is failing disabled drivers
Horse boss: ‘definitely’ more to come from ICE despite shift to EVs
The rush to electric cars has generally coincided with a slowing down if not a complete pause in looking for breakthroughs in internal combustion engine development. Car makers’ pockets typically do not run deep enough to invest so heavily in parallel technologies. Yet with EVs set to make up only half of all global sales… Continue reading Horse boss: ‘definitely’ more to come from ICE despite shift to EVs