Lexus India has launched its premium LX 500d SUV in the Indian market with prices starting at Rs 3 crore positioning it among the most expensive luxury SUVs available in the country. The vehicle, available in Urban and new adventure-focused Overtrail variants, marks a significant expansion of the brand’s high-end portfolio following its showcase at… Continue reading Lexus LX 500d Arrives in India at Rs 3 Crore
Category: US Motoring Press
Mahindra Ranks in Top 1% of S&P Global’s 2025 Sustainability Assessment
Mahindra & Mahindra Ltd. has secured a position in the top 1 percent of S&P Global’s 2025 Sustainability Yearbook, becoming the only automobile manufacturer worldwide to achieve this distinction. The ranking, announced Thursday, places the Indian automotive company among an elite group of 780 organizations selected from over 7,690 companies evaluated globally. The recognition follows… Continue reading Mahindra Ranks in Top 1% of S&P Global’s 2025 Sustainability Assessment
UK’s biggest car fleet takes £565 million blow
The UK’s biggest fleet, whose “explosive” growth in June last year was credited with helping car makers through a tricky period, has reported losses of more than half a billion pounds – saying this highlights the growing cost of car ownership and volatile resale values of EVs. Motability Operations, the company behind the Motability charity,… Continue reading UK’s biggest car fleet takes £565 million blow
Kalyani Powertrain Partners With Taiwan’s Compal Electronics to Manufacture Servers in India
Kalyani Powertrain, a wholly-owned subsidiary of Bharat Forge, has signed a technology licensing agreement with Taiwan’s Compal Electronics to manufacture X86 platform servers in India. The companies finalized a Memorandum of Understanding on March 6, 2025, to develop server business using locally manufactured solutions, supporting the Indian government’s “Make in India” initiative. Under the agreement,… Continue reading Kalyani Powertrain Partners With Taiwan’s Compal Electronics to Manufacture Servers in India
Hindustan Zinc Reaches 25% Women in Workforce, Sets Higher Target
Hindustan Zinc Limited, India’s largest zinc producer, announced it has achieved 25% women representation in its workforce, a significant milestone in the traditionally male-dominated metals and mining sector. The company now aims to reach 30% women representation by 2030 as part of its Sustainable Development Goals. The achievement comes as the company prepares to mark… Continue reading Hindustan Zinc Reaches 25% Women in Workforce, Sets Higher Target
Continental wins Tyre Manufacturer of the Year award, lauded for eco-friendly production
Continental has been awarded ‘Tire Manufacturer of the Year’ at this year’s Tire Technology International Awards for Innovation and Excellence. The premium tyre manufacturer received a further honour for its tyre plant in Lousado, Portugal, which can produce tyres CO2-neutrally since last year. This makes Continental the only tyre manufacturer to win two of the… Continue reading Continental wins Tyre Manufacturer of the Year award, lauded for eco-friendly production
Tesla Cannot Succeed in India: JSW’s Sajjan Jindal
Amid reports on Tesla’s imminent entry into India, JSW Group Chairman Sajjan Jindal, whose company is a recent entrant into the automotive sector, expressed skepticism about Tesla’s success in India while asserting that the US electric carmaker would not be able to compete with domestic automakers here. “He [Tesla’s Elon Musk] cannot be successful in… Continue reading Tesla Cannot Succeed in India: JSW’s Sajjan Jindal
Govt Sanctions Rs 74 cr Payment to Ola Electric under PLI Scheme
Ola Electric Technologies Private Ltd has been sanctioned an incentive payment of ₹73.74 crore to under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for FY24, according to a regulatory filing by Ola Electric Mobility Limited. This likely makes it the first two-wheeler maker to do so. “The payment of Rs. 73,74,36,612/-… Continue reading Govt Sanctions Rs 74 cr Payment to Ola Electric under PLI Scheme
Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen has vowed to realise its long-held goal of an ‘affordable’ £17,000 (Rs 17.32 lakh) electric car in 2027 with the arrival of the production version of the new ID Every1 concept car. Described by Volkswagen as a model “from Europe for Europe”, the new car will serve as the spiritual successor to the Up as an A-segment city… Continue reading Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen ID Every1 previews entry level electric city car for Europe
Volkswagen has vowed to realise its long-held goal of an ‘affordable’ £17,000 (Rs 17.32 lakh) electric car in 2027 with the arrival of the production version of the new ID Every1 concept car. Described by Volkswagen as a model “from Europe for Europe”, the new car will serve as the spiritual successor to the Up as an A-segment city… Continue reading Volkswagen ID Every1 previews entry level electric city car for Europe