US Motoring Press – Page 308 – I wish I had more to offer

Pricol Reports 18.79% YoY Rise in FY25 Net Profit to ₹1,670.3 Crore

Pricol Limited, a prominent auto component manufacturer headquartered in Coimbatore, reported a consolidated profit after tax (PAT) of ₹1,670.3 crore for the financial year 2024–25, marking an 18.79% increase over the previous fiscal. For the fourth quarter ending March 31, 2025, the company posted revenue from operations of ₹752.01 crore, reflecting a 32.81% year-on-year (YoY)… Continue reading Pricol Reports 18.79% YoY Rise in FY25 Net Profit to ₹1,670.3 Crore

Apollo Tyres Tightens Belt, Capex Below Target as Profitability Takes Center Stage

Apollo Tyres Ltd, one of India’s major tyre manufacturers, kept capital expenditures below its guidance in fiscal year 2025, prioritizing profitability and strategic spending amidst a challenging operating environment. The move highlights a broader industry trend toward cost optimization as raw material inflation weighs on margins, even as companies pursue premiumization and capacity expansion. The… Continue reading Apollo Tyres Tightens Belt, Capex Below Target as Profitability Takes Center Stage

10 best-selling SUVs, MPVs in April 2025: Hyundai Creta to Kia Sonet

With 348,847 units and 4% YoY growth, April 2025 has turned out to be the best-ever April for the Indian passenger vehicle industry. That’s thanks to the utility vehicle (UV) which, as it is wont to do, continues to admirably buffer the sustained decline in hatchback and sedan sales. In April, the UV segment which… Continue reading 10 best-selling SUVs, MPVs in April 2025: Hyundai Creta to Kia Sonet

Hyundai Exter compact SUV clocks 150,000 sales in 21 months

The Hyundai Exter SUV, the second compact SUV from the Korean carmaker after the Hyundai Venue, has driven past the 150,000 cumulative wholesales mark in the domestic market. As per apex industry body SIAM’s wholesales data, the Exter’s total sales in India since its July 10, 2023 launch till end-April 2025 are 154,127 units. The… Continue reading Hyundai Exter compact SUV clocks 150,000 sales in 21 months

DICV Reports Steady Performance in 2024, Focuses on Long-Term Sustainability and Product Expansion

Daimler India Commercial Vehicles (DICV), a subsidiary of Daimler Truck AG, reported steady performance in 2024 despite a 10% overall decline in the Indian commercial vehicle market caused by macroeconomic pressures, elections, and erratic monsoons. The company emphasized stability in its core operations, supported by growth in its bus and aftermarket segments, and outlined future… Continue reading DICV Reports Steady Performance in 2024, Focuses on Long-Term Sustainability and Product Expansion

JK Tyre Launches India’s First Passenger Car Tyre with ISCC Plus Certified Sustainable Materials

JK Tyre & Industries Ltd. has started producing its new passenger car tyre, the ‘UX Royale Green’, using ISCC Plus certified sustainable materials at its Chennai facility. This development marks the introduction of India’s first passenger car tyre manufactured with globally certified renewable and recycled raw materials. The ISCC Plus certification is a part of… Continue reading JK Tyre Launches India’s First Passenger Car Tyre with ISCC Plus Certified Sustainable Materials

Indian Passenger Vehicle Sales Hit April Record While Two-Wheelers Decline

The Indian passenger vehicle market recorded its highest-ever April sales with 348,847 units sold in April 2025, marking a 3.9% growth compared to the same month last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday. However, this represents an 8.5% decrease from the 381,358 units sold in March… Continue reading Indian Passenger Vehicle Sales Hit April Record While Two-Wheelers Decline

‘Modern diesel engines will continue to improve’: Cummins India’s Nilesh Deshpande

In this interview, Nilesh Deshpande, Director – Engineering, Engine Business, Cummins India, talks about how the company is driving innovation to make diesel engines cleaner and more efficient, while developing a range of alternative powertrain solutions, including hydrogen-ICE technology for commercial vehicle application. Global technology giant Cummins, which is a key player in the areas… Continue reading ‘Modern diesel engines will continue to improve’: Cummins India’s Nilesh Deshpande

Tata Motors, Vertelo Form Partnership to Offer EV Commercial Vehicle Leasing

Tata Motors and Vertelo signed a Memorandum of Understanding (MoU) on May 15, 2025, to provide leasing solutions for electric commercial vehicles in India. The agreement enables Vertelo to offer customized leasing options for Tata Motors’ complete range of electric commercial vehicles, making sustainable transport more accessible to fleet operators nationwide. The partnership will facilitate… Continue reading Tata Motors, Vertelo Form Partnership to Offer EV Commercial Vehicle Leasing