US Motoring Press – Page 316 – I wish I had more to offer

Gensol Engineering Announces Resignation of Two Key Board Members

Managing Director Anmol Singh Jaggi and Whole-time Director Puneet Singh Jaggi step down from their positions effective May 12, 2025, with both resignations linked to a SEBI interim directive dated April 15, 2025. Gensol Engineering Limited has officially announced the resignation of two senior members from its Board of Directors. Anmol Singh Jaggi, serving as… Continue reading Gensol Engineering Announces Resignation of Two Key Board Members

Greaves Cotton Issues ₹40 Crore Corporate Guarantee for Subsidiary GEML’s Loan from Tata Capital

Greaves Cotton Limited has announced the issuance of a corporate guarantee amounting to ₹40 crore in favour of Tata Capital Limited. This guarantee is intended to secure a term loan facility availed by Greaves Electric Mobility Limited (GEML), which is a material subsidiary of the company. The term loan facility, secured through this guarantee, has… Continue reading Greaves Cotton Issues ₹40 Crore Corporate Guarantee for Subsidiary GEML’s Loan from Tata Capital

Tariffs, Trade, and Transformation: How India’s Auto Component Industry Can Navigate Global Shifts

India’s auto component industry stands at a pivotal moment, poised to play an increasingly significant role in the global automotive supply chain. As the world’s third-largest automotive market, India’s strength as a manufacturing hub has never been more evident. With 11% year-on-year growth, reaching ₹3.32 lakh crore (US$ 38.4 billion) in the first half of… Continue reading Tariffs, Trade, and Transformation: How India’s Auto Component Industry Can Navigate Global Shifts

Ather Energy Posts ₹812.3 Crore Loss in FY25 Despite Higher Revenues

Bengaluru-based electric vehicle manufacturer Ather Energy reported a net loss of ₹812.3 crore for the financial year ending March 31, 2025, according to its audited financial statements. The company registered a revenue from operations of ₹2,255 crore in FY25, marking a significant increase from ₹1,753.8 crore in the previous year. However, this growth in topline… Continue reading Ather Energy Posts ₹812.3 Crore Loss in FY25 Despite Higher Revenues

Triumph Launches Scrambler 400 XC in India at ₹2.94 Lakh

Triumph has introduced the Scrambler 400 XC in India at an ex-showroom price of ₹2,94,147 (Delhi). This latest addition expands the company’s 400cc Modern Classic lineup, positioned alongside the Scrambler 400X, and aims to offer practical usability across road and trail conditions. Drawing design inspiration from the Scrambler 900 and 1200 models, the new motorcycle… Continue reading Triumph Launches Scrambler 400 XC in India at ₹2.94 Lakh

LANXESS Earns Top Recognition from CDP for Climate and Water Initiatives

LANXESS, a specialty chemicals company, has been recognized by the global non-profit organization CDP for its environmental reporting and actions, placing it among the top 2 percent of over 24,700 companies assessed worldwide. In the CDP’s 2025 evaluation, LANXESS received an “A” rating in the climate category, acknowledging its transparency and efforts in addressing climate… Continue reading LANXESS Earns Top Recognition from CDP for Climate and Water Initiatives

Maruti Suzuki Standardizes 6 Airbags Across Four Popular Models

Maruti Suzuki ARENA has announced the standardization of 6 airbags across four of its popular models – WagonR, Alto K10, Celerio, and Eeco. The move, revealed today, aims to enhance occupant protection and elevate safety standards for motorists nationwide. The safety enhancement includes dual front airbags, side airbags, and curtain airbags, complemented by 3-point seat… Continue reading Maruti Suzuki Standardizes 6 Airbags Across Four Popular Models

BorgWarner Extends Exhaust Gas Recirculation Supply Contracts Through 2029

BorgWarner, a global leader in sustainable mobility solutions, has extended four volume contracts to supply Exhaust Gas Recirculation (EGR) systems to a major North American automotive manufacturer. The agreement covers EGR valves, coolers, and modules for multiple passenger and light commercial vehicle platforms, with production scheduled to continue through the end of 2029. The contract… Continue reading BorgWarner Extends Exhaust Gas Recirculation Supply Contracts Through 2029

Bajaj Auto Claims Top Position in India’s Electric Commercial Vehicle Market

Bajaj Auto Ltd has secured the number one position in India’s electric commercial vehicle segment in April 2025, according to data from the Vahan portal. The world’s most valuable two-wheeler and three-wheeler manufacturer sold 5,506 units of electric three-wheelers, capturing a 36% market share in the L5 category. This achievement comes less than two years… Continue reading Bajaj Auto Claims Top Position in India’s Electric Commercial Vehicle Market