BYD, the world’s leading manufacturer of electric vehicles, has confirmed plans to base its European business headquarters in Budapest, Hungary, supported by a new European research and development centre. Under the arrangement, BYD will create thousands of high-value jobs in the Hungarian capital, as well as supporting training and opportunities in further education through cooperation… Continue reading BYD commits to new European HQ and R&D base in Hungary
Category: US Motoring Press
Honda Elevate sees lowest monthly sales in April: 935 units
The Honda Elevate midsize SUV which, soon after its launch in September 2023, had successfully brought the Japanese auto major back into the ‘SUV game’, has hit its lowest monthly sales yet this April. As per the latest SIAM wholesales numbers, the Elevate registered sales of 980 units in April 2025, down 43% YoY (April… Continue reading Honda Elevate sees lowest monthly sales in April: 935 units
Honda Elevate sees lowest monthly sales in April: 935 units
The Honda Elevate midsize SUV which, soon after its launch in September 2023, had successfully brought the Japanese auto major back into the ‘SUV game’, has hit its lowest monthly sales yet this April. As per the latest SIAM wholesales numbers, the Elevate registered sales of 980 units in April 2025, down 43% YoY (April… Continue reading Honda Elevate sees lowest monthly sales in April: 935 units
Hyundai Creta to Tata Curvv: Top 10 midsize SUVs in April 2025
The utility vehicle (UV) segment continues to be the pillar of the overall passenger vehicle (PV) market in India. April 2025, with 348,847 units and 4% YoY growth, was the best-ever April yet for the PV industry. That’s thanks to the UV which, as it is wont to do, continues to admirably buffer the sustained… Continue reading Hyundai Creta to Tata Curvv: Top 10 midsize SUVs in April 2025
Hyundai Creta to Tata Curvv: Top 10 midsize SUVs in April 2025
The utility vehicle (UV) segment continues to be the pillar of the overall passenger vehicle (PV) market in India. April 2025, with 348,847 units and 4% YoY growth, was the best-ever April yet for the PV industry. That’s thanks to the UV which, as it is wont to do, continues to admirably buffer the sustained… Continue reading Hyundai Creta to Tata Curvv: Top 10 midsize SUVs in April 2025
Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs. “Walmart should STOP trying to blame Tariffs as the reason… Continue reading Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
Tesla limits investors’ ability to sue over breach of fiduciary duties
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters In a regulatory filing out Friday, Elon Musk-led automaker Tesla announced a change to its corporate bylaws that will limit shareholders ability to sue the company if investors believe the company’s… Continue reading Tesla limits investors’ ability to sue over breach of fiduciary duties
Happy Forgings Reports 10.1% Profit Growth for FY25 Despite Market Headwinds
Happy Forgings Limited, one of India’s largest manufacturers of heavy forged and precision machined components, reported a 10.1% increase in profit after tax to INR 267 crores for the financial year ended March 31, 2025. The Ludhiana-based company announced its results on May 17, showing revenue growth of 3.7% to INR 1,409 crores despite challenges… Continue reading Happy Forgings Reports 10.1% Profit Growth for FY25 Despite Market Headwinds
PURE Enters North American Energy Storage Market Through Partnership with Charge Power
PURE, an Indian battery technology company, has formed a strategic partnership with Canadian corporation Charge Power Inc. to enter the energy storage markets in the United States and Canada. The partnership, announced on May 16, 2025, will introduce PURE’s PuREPower product line to North American consumers through a co-branding arrangement. The collaboration will focus on… Continue reading PURE Enters North American Energy Storage Market Through Partnership with Charge Power
HMSI and Hyderabad Police Train 750 Students in Road Safety Summer Camp
Honda Motorcycle & Scooter India (HMSI) and Hyderabad Traffic Police concluded a six-day Summer Camp at Hyderabad Traffic Training Park, reaching over 750 students aged 10 to 15. The program focused on teaching traffic rules, pedestrian awareness, and road etiquette through practical simulations in the training park. The camp, part of HMSI’s “#SaferIndiaOn2Wheels” initiative, provided… Continue reading HMSI and Hyderabad Police Train 750 Students in Road Safety Summer Camp