Toyota is looking at building the GR Corolla hot hatch in the UK in a bid to cater to massive demand in the US. According to a new report from Reuters, the Japanese company is considering spending £41 million to establish a new line at its factory in Burnaston, Derbyshire. The factory already produces the… Continue reading Report: Toyota to boost GR Corolla production using UK plant
Category: US Motoring Press
Carraro India Expects Sales to Grow by 8–12% in FY26, Led by Strong Domestic Demand
Carraro India Limited, a tractor and construction equipment components manufacturer, expects its revenue to grow by 8–12% in FY26, underpinned by robust domestic demand for 4WD vehicles and tractors, and the ramp-up of its newly acquired tele-boom handler business. While the export outlook remains uncertain in the near term, the company anticipates a recovery in… Continue reading Carraro India Expects Sales to Grow by 8–12% in FY26, Led by Strong Domestic Demand
Bosch Limited Reports Strong Q4 FY25 Performance with Net Profit of Rs 554 Crores
Bosch Limited, the Indian arm of the German automotive technology giant, announced robust financial results for the quarter ended March 31, 2025, posting a net profit of Rs 554 crores compared to Rs 564 crores in the corresponding quarter of the previous year. Q4 FY25 Performance Highlights The company’s profit before tax for the March… Continue reading Bosch Limited Reports Strong Q4 FY25 Performance with Net Profit of Rs 554 Crores
Terra Motors Eyes Africa Return, Southern Expansion with New Bengaluru Plant
Japanese electric two- and three-wheeler manufacturer Terra Motors is gearing up to resume exports of its electric rickshaws and e-autos to Africa by the end of 2025, while also expanding its domestic footprint with a new manufacturing plant in Bengaluru, a senior company official told Autocar Professional. Founded in Tokyo in 2010, Terra Motors has… Continue reading Terra Motors Eyes Africa Return, Southern Expansion with New Bengaluru Plant
Terra Motors Eyes Africa Return, Southern Expansion with New Bengaluru Plant
Japanese electric two- and three-wheeler manufacturer Terra Motors is gearing up to resume exports of its electric rickshaws and e-autos to Africa by the end of 2025, while also expanding its domestic footprint with a new manufacturing plant in Bengaluru, a senior company official told Autocar Professional. Founded in Tokyo in 2010, Terra Motors has… Continue reading Terra Motors Eyes Africa Return, Southern Expansion with New Bengaluru Plant
Terra Motors Launches KYORO+ Electric Auto, Targets 100 Dealerships in 2025
Japanese electric vehicle manufacturer Terra Motors has launched its new electric three-wheeler, the KYORO+, in India. The unveiling took place at The Lalit hotel in New Delhi and was attended by several dignitaries, including BJP National Spokesperson Shehzad Poonawalla. The KYORO+, whose name is derived from a Japanese term meaning alertness and swift movement, is… Continue reading Terra Motors Launches KYORO+ Electric Auto, Targets 100 Dealerships in 2025
Carraro India Reports Strong FY25 Performance, Recommends Rs 4.55 Dividend Per Share
Carraro India Limited announced its financial results for the year ended March 31, 2025, reporting a net profit of Rs 861.87 million, representing a 42% increase from Rs 605.81 million in the previous year. The Board of Directors has recommended a final dividend of Rs 4.55 per equity share, subject to shareholder approval at the… Continue reading Carraro India Reports Strong FY25 Performance, Recommends Rs 4.55 Dividend Per Share
LANXESS Reports Strong Start to FY2025 with 32% Surge in Earnings
LANXESS, a global player in the specialty chemicals sector, has begun the fiscal year 2025 with a sharp uptick in earnings, reporting a 31.7% increase in EBITDA pre exceptionals to EUR 133 million in Q1, up from EUR 101 million during the same period last year. The company cited enhanced operational efficiency and savings under… Continue reading LANXESS Reports Strong Start to FY2025 with 32% Surge in Earnings
Jupiter Electric Mobility Partners with Pickkup to Deploy 300 Electric Vehicles
Jupiter Electric Mobility, the electric vehicle division of Jupiter Wagons Limited, has signed a memorandum of understanding with Pickkup to deploy 300 JEM TEZ electric light commercial vehicles by year-end. The partnership aims to expand electric vehicle adoption in India’s logistics sector. The collaboration follows pilot testing that demonstrated the JEM TEZ vehicles can achieve… Continue reading Jupiter Electric Mobility Partners with Pickkup to Deploy 300 Electric Vehicles
Jupiter Electric Mobility Partners with Pickkup to Deploy 300 Electric Vehicles
Jupiter Electric Mobility, the electric vehicle division of Jupiter Wagons Limited, has signed a memorandum of understanding with Pickkup to deploy 300 JEM TEZ electric light commercial vehicles by year-end. The partnership aims to expand electric vehicle adoption in India’s logistics sector. The collaboration follows pilot testing that demonstrated the JEM TEZ vehicles can achieve… Continue reading Jupiter Electric Mobility Partners with Pickkup to Deploy 300 Electric Vehicles