Genesys International Corporation reported a 160% increase in annual profit for the financial year ended March 2025, with net profit rising to Rs 56.10 crore from Rs 21.61 crore in the previous year. The Mumbai-based mapping services company also recorded revenue growth of 55% to Rs 315.39 crore. The company’s earnings before interest, taxes, depreciation… Continue reading Genesys International Reports 160% Jump in Annual Profit on Strong Mapping Demand
Category: US Motoring Press
MWIC Bonus Episode 10: Autocar Meets Renault Brand CEO Fabrice Cambolive
In this week’s bonus ‘Autocar Meets’ podcast associate editor James Attwood speaks to Renault Brand CEO Fabrice Cambolive on the challenges of running the French firm, retro design, electrification and why he’s got more to worry about than tariffs.You can make sure you never miss an Autocar podcast by subscribing wherever you get your podcasts.… Continue reading MWIC Bonus Episode 10: Autocar Meets Renault Brand CEO Fabrice Cambolive
Tesla gains 22% in May as Elon Musk ends time with Trump’s DOGE
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images Shares of the Elon Musk-led automaker Tesla have rallied in May despite recent poor car sales numbers for the company in… Continue reading Tesla gains 22% in May as Elon Musk ends time with Trump’s DOGE
As EVs stumble, automakers are bringing back a kind of hybrid that promises long range
Volkswagen is planning to begin production of an EREV pickup truck and SUV under the Scout brand name starting in 2027. Volkswagen Major automakers are set to resurrect a type of hybrid vehicle that seemed dead in the U.S. just a few years ago to meet a changing consumer demand landscape. Extended-range electric vehicles (EREVs)… Continue reading As EVs stumble, automakers are bringing back a kind of hybrid that promises long range
Bajaj Auto to Launch E-Rickshaw in July; Aims to Play in 40,000-Unit Monthly Segment
Bajaj Auto Ltd. is set to launch an electric rickshaw under its recently unveiled brand, ‘GoGo’, by early July 2025. The move signals the company’s ambition to secure a leadership position in India’s growing electric three-wheeler segment. Rakesh Sharma, Executive Director at Bajaj Auto, said that the company has already established strong momentum in the… Continue reading Bajaj Auto to Launch E-Rickshaw in July; Aims to Play in 40,000-Unit Monthly Segment
Amara Raja Delays Start of Operations at Li-ion Cell Plant to FY27
India’s largest lead-acid battery maker, Amara Raja Energy and Mobility Ltd, is slightly delaying its plans to start operations at its upcoming Gigafactory for lithium-ion cell manufacturing to the financial year 2027. Earlier, the company had said it was looking to start the first production of cells in FY26. In its investor presentation, the Hyderabad-based… Continue reading Amara Raja Delays Start of Operations at Li-ion Cell Plant to FY27
Indian EV Makers Push Back Against Hybrid Vehicle Inclusion in Government Fleets: Reuters
Leading Indian automobile manufacturers are actively opposing efforts by a pollution control authority to include hybrid vehicles alongside electric cars in government fleet recommendations for the Delhi region, according to internal documents accessed by Reuters. Major automakers including Mahindra & Mahindra and Tata Motors have submitted formal appeals to India’s heavy industries ministry, urging officials… Continue reading Indian EV Makers Push Back Against Hybrid Vehicle Inclusion in Government Fleets: Reuters
Amara Raja Energy & Mobility Reports 10.2% Annual Revenue Growth in FY25, Declares Final Dividend of ₹5.20
Amara Raja Energy & Mobility Limited (ARE&M), a prominent player in the energy and mobility sector, reported a 10.2% increase in revenue for FY25, with the figure rising to ₹12,405 crore compared to ₹11,260 crore in FY24. The company also declared a final dividend of ₹5.20 per share. The profit before tax (PBT) for the… Continue reading Amara Raja Energy & Mobility Reports 10.2% Annual Revenue Growth in FY25, Declares Final Dividend of ₹5.20
Yamaha Launches 5-Year Roadside Assistance Program for Indian Customers
India Yamaha Motor Pvt. Ltd. has introduced a 5-year roadside assistance program priced at Rs 975, marking another step in the company’s customer service expansion as it completes four decades of operations in India. The program provides 24-hour support nationwide and covers multiple emergency scenarios including vehicle breakdowns, accidents, battery failures, flat tires, minor repairs,… Continue reading Yamaha Launches 5-Year Roadside Assistance Program for Indian Customers
Bajaj Auto to Launch New Entry-Level Chetak in June, Eyes Portfolio Expansion in FY26
Bajaj Auto Ltd., a leading player in India’s electric two-wheeler segment, is set to launch a new entry-level Chetak electric scooter in June. The move is part of the company’s broader strategy to further strengthen its position in the rapidly growing electric mobility market. The new variant will build upon the success of the Chetak… Continue reading Bajaj Auto to Launch New Entry-Level Chetak in June, Eyes Portfolio Expansion in FY26