US Motoring Press – Page 351 – I wish I had more to offer

Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

Mahindra & Mahindra, which sold a record 551,487 SUVs in FY2025 and registered stellar 20% YoY growth (FY2024: 459,877 units), saw growth increase quarter on quarter (QoQ) throughout last fiscal. While Q2 FY2025 wholesales of 135,962 SUVs were up 9.42% on Q1 FY2025’s 124,248 units, Q3 dispatches of 142,150 units rose 4.55% on Q2. And,… Continue reading Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

Chinese EV giant BYD expands in Europe with premium brand launch

A BYD Denza Z9 GT electric car on display in Hong Kong in February 2025. Ucg | Universal Images Group | Getty Images BEIJING — Chinese electric car giant BYD is pushing ahead into Europe, launching its premium Denza brand in the region despite rising trade tensions. The first model, the Z9GT, is set to… Continue reading Chinese EV giant BYD expands in Europe with premium brand launch

Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S.

Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — Canada’s 25% auto tariffs took effect Wednesday on U.S.-produced vehicles and many parts in American cars and trucks, but the new levies differ in important… Continue reading Canada’s 25% auto tariffs are in effect. Here’s how they differ from the U.S.

Auto giants extend losses as Trump’s sweeping global tariffs take effect

A Volkswagen emblem, attached to a tower at the Volkswagen Osnabrück GmbH plant, can be seen behind a red traffic light. Picture Alliance | Picture Alliance | Getty Images Europe’s auto giants slipped on Wednesday, extending recent losses as U.S. President Donald Trump’s sweeping tariffs on dozens of countries came into effect — including a… Continue reading Auto giants extend losses as Trump’s sweeping global tariffs take effect

Chinese firm GAC plots UK launch with Volkswagen ID 3 rival

“I’m a big fan of globalisation. It’s very, very important from a Chinese perspective to understand globalisation, to want to know what our consumer benefits from across the world, and we have a lot of diversity. Not everything that works in China can be shifted across to another market, and that has to be very clearly… Continue reading Chinese firm GAC plots UK launch with Volkswagen ID 3 rival

Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Remsons Industries Limited, a veteran automotive OEM components manufacturer, has acquired a 51.01% stake in Astro Motors Private Limited for Rs. 14.22 crore. The deal, announced on April 9, 2025, was structured as a mix of Rs. 4.22 crore in equity issued on preferential basis and Rs. 10 crore in cash. Astro Motors manufactures electric… Continue reading Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Olectra Greentech Secures ₹424 Crore Order from Himachal Road Transport Corporation

Olectra Greentech Limited, a leading player in the electric mobility sector, has announced a significant milestone with the receipt of a Letter of Award (LOA) from Himachal Road Transport Corporation (HRTC). The company will supply and maintain 297 electric buses in a deal valued at approximately ₹424.01 crores. This order, awarded by a domestic entity,… Continue reading Olectra Greentech Secures ₹424 Crore Order from Himachal Road Transport Corporation