Electric two-wheeler maker Ather Energy has flagged a short-term disruption in vehicle supply to dealerships due to the shortage of rare earth magnets from China. The company foresees an impact of up to a seven-day supply to dealers during the July–September quarter of this financial year. “In the short term, which is this quarter, there… Continue reading Ather Sees Magnet Shortage Impacting Dealer Supply for 7 days in Q2FY25
Category: US Motoring Press
TMA Recommends Excluding 25–50 HP Tractors From TREM V Emission Norms
In a move designed to promote regulatory consistency and reduce emissions, the Tractor and Mechanization Association (TMA) has recommended that new emission standards for tractors specifically exempt models ranging from 25 to 50 horsepower (HP). Bharat Madan, Whole Time Director and Chief Financial Officer, Escorts Kubota Ltd. (EKL) who also chairs the Finance Committee at… Continue reading TMA Recommends Excluding 25–50 HP Tractors From TREM V Emission Norms
TMA Recommends Excluding 25–50 HP Tractors From TREM V Emission Norms
In a move designed to promote regulatory consistency and reduce emissions, the Tractor and Mechanization Association (TMA) has recommended that new emission standards for tractors specifically exempt models ranging from 25 to 50 horsepower (HP). Bharat Madan, Whole Time Director and Chief Financial Officer, Escorts Kubota Ltd. (EKL) who also chairs the Finance Committee at… Continue reading TMA Recommends Excluding 25–50 HP Tractors From TREM V Emission Norms
MG Motor India Marks Sixth Anniversary with Special Offers on Hector and Astor SUVs
JSW MG Motor India announced special pricing and financing offers on its Hector and Astor SUVs to mark its sixth year of operations in the country. The Hector Sharp Pro MT is now available at ₹19.59 lakh (ex-showroom), and the MG Astor starts at ₹9.99 lakh (ex-showroom) for a limited period. The company is also… Continue reading MG Motor India Marks Sixth Anniversary with Special Offers on Hector and Astor SUVs
P.B. Balaji Appointed CEO of Jaguar Land Rover, to Succeed Adrian Mardell in November
Jaguar Land Rover (JLR), the British luxury automotive arm of Tata Motors, has announced the appointment of P.B. Balaji as its new Chief Executive Officer, effective November 2025. He will take over from Adrian Mardell, who will retire after three decades with the company, including three years as CEO. Balaji, currently serving as Group CFO… Continue reading P.B. Balaji Appointed CEO of Jaguar Land Rover, to Succeed Adrian Mardell in November
NITI Aayog Flags India’s Slower Pace of EV Adoption
India has a goal to achieve 30% electric vehicle (EV) penetration by 2030 as part of its vision to become a global hub for EVs. However, the government’s think tank NITI Aayog has flagged that the country currently lags behind global EV adoption rates and underscored the need for renewed strategies and policy interventions to… Continue reading NITI Aayog Flags India’s Slower Pace of EV Adoption
Sona Comstar Optimistic on BEV and Asia-Led Growth Despite Weak Q1
Sona BLW Precision Forgings Ltd. (Sona Comstar) remains confident of a stronger performance in the coming quarters, even as it posted one of its weakest quarters since listing. The auto component major expects a recovery in Battery Electric Vehicle (BEV) revenues, a growing share from Asia, and a rising contribution from non-automotive segments to drive… Continue reading Sona Comstar Optimistic on BEV and Asia-Led Growth Despite Weak Q1
Delhi, Maharashtra, Chandigarh Emerge as Frontrunners in India’s Electric Mobility Index
NITI Aayog released the first edition of the India Electric Mobility Index (IEMI), on Monday, which aims to track and benchmark the progress of states and union territories in achieving their electric mobility goals. Delhi, Maharashtra, and Chandigarh have emerged as the frontrunners in the index, highlighting the states’ push for transition to electric mobility. Karnataka,… Continue reading Delhi, Maharashtra, Chandigarh Emerge as Frontrunners in India’s Electric Mobility Index
Tata finance boss PB Balaji to replace Adrian Mardell as JLR CEO
JLR has confirmed that PB Balaji, chief financial officer of its parent company Tata Motors, will become its new CEO from November. The appointment follows the news last week, broken by Autocar, that current CEO Adrian Mardell was retiring after 35 years with the company. Prior to becoming CEO in 2023, Mardell had been JLR’s… Continue reading Tata finance boss PB Balaji to replace Adrian Mardell as JLR CEO
GWM launches Poer 300 in UK as diesel pick-up for £31k
Great Wall Motor (GWM), maker of the Ora 03 hatchback and Haval Jolion Pro crossover, is bringing a pick-up truck to the UK – and it will be one of the country’s cheapest. The GWM Poer 300 is a diesel-powered double-cab with a towing capacity of 3.5 tonnes, a one-tonne payload and a starting price of… Continue reading GWM launches Poer 300 in UK as diesel pick-up for £31k