To equip students for the future of mobility, the government has introduced new automotive skill subjects in schools. These are a part of a broader list of 138 job roles across sectors like healthcare, aviation and agriculture. The new additions include roles focused on electric vehicles (EVs), automotive design, and industrial IoT, reflecting efforts to… Continue reading Government Approves New Automotive Courses to Equip Students for Smart Mobility Jobs
Category: US Motoring Press
Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
The luxury automakers Mercedes-Benz and Porsche slashed their forecasts for earnings this year as the double whammy of President Trump’s tariffs and slowing demand in China hit the German companies hard. Mercedes said on Wednesday that revenue in 2025 would come in “significantly below” last year. The company also lowered its projection for profit margins.… Continue reading Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Ford reinstates full-year outlook, including $2 billion tariff hit
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Ford Motor reported second-quarter revenue that beat expectations Wednesday, and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President… Continue reading Ford reinstates full-year outlook, including $2 billion tariff hit
François Provost Named CEO of Renault Group
Renault Group has appointed François Provost as its new Chief Executive Officer and Director, effective July 31, 2025, for a four-year term. The decision was made during a board meeting chaired by Jean-Dominique Senard, following a recommendation from the Governance and Remuneration Committee. Provost, a Renault veteran with over two decades of experience, most recently… Continue reading François Provost Named CEO of Renault Group
What is Iveco, the Company Tata Motors Just Acquired
In a landmark acquisition that promises to reshape India’s commercial vehicle landscape, Tata Motors has acquired Iveco Group, bringing one of Europe’s most established truck and bus manufacturers under Indian ownership. For many Indian readers unfamiliar with this global player, here’s everything you need to know about Tata Motors’ newest addition. From European Roots to… Continue reading What is Iveco, the Company Tata Motors Just Acquired
What is Iveco, the Company Tata Motors Just Acquired
In a landmark acquisition that promises to reshape India’s commercial vehicle landscape, Tata Motors has acquired Iveco Group, bringing one of Europe’s most established truck and bus manufacturers under Indian ownership. For many Indian readers unfamiliar with this global player, here’s everything you need to know about Tata Motors’ newest addition. From European Roots to… Continue reading What is Iveco, the Company Tata Motors Just Acquired
BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
Tata Motors and Iveco Group have announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal. The acquisition will be executed through a voluntary tender offer for all common shares of Iveco Group (post-separation of its defence business), marking a strategic move to create a global leader… Continue reading BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
Tata Motors and Iveco Group have announced a definitive agreement to combine their commercial vehicle (CV) businesses in a landmark €3.8 billion all-cash deal. The acquisition will be executed through a voluntary tender offer for all common shares of Iveco Group (post-separation of its defence business), marking a strategic move to create a global leader… Continue reading BREAKING: Tata Motors to Acquire Iveco Group in €3.8 Billion Deal, Creating Global CV Powerhouse
BSA Motorcycles Unveils Scrambler 650 and Bantam 350
BSA Motorcycles has launched two new models: the Scrambler 650 and the Bantam 350, as part of its ongoing global expansion and brand revival efforts. The Scrambler 650 is powered by a 652cc liquid-cooled single-cylinder DOHC engine that produces approximately 44.4 hp at 6500 rpm and 40.6 lb-ft of torque at 4000 rpm. It features… Continue reading BSA Motorcycles Unveils Scrambler 650 and Bantam 350
Mahindra Logistics Charts New Course Focused on Profitability
Mahindra Logistics Limited (MLL), a part of Mahindra & Mahindra, has initiated a strategic realignment aimed at improving its operational and financial performance. This follows a quarter where consolidated revenue grew 14% year-on-year to Rs 1,625 crore, despite reporting a consolidated loss of Rs 10.8 crore. Managing Director and CEO Hemant Sikka, during the post-results… Continue reading Mahindra Logistics Charts New Course Focused on Profitability