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
Category: US Motoring Press
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
Mahindra Secures 54.2% LCV Market Share, Overtakes Tata in Q1 FY26
In a significant shift in India’s commercial vehicle market dynamics, Mahindra & Mahindra has emerged as the undisputed leader in the light commercial vehicle segment (below 3.5 tonnes), commanding a dominant 54.2% market share in Q1 FY26, up 340 basis points year-on-year. This achievement represents a strategic coup in a segment long dominated by Tata… Continue reading Mahindra Secures 54.2% LCV Market Share, Overtakes Tata in Q1 FY26
Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra & Mahindra’s strategic focus on SUVs has proven prescient as the segment has exploded in popularity post-COVID, helping the company achieve its highest-ever quarterly SUV volumes of 152,100 units in Q1 FY26, a 22% year-on-year growth. The transformation of India’s automotive market has been dramatic. Pre-COVID, in 2019, SUVs accounted for less than 30%… Continue reading Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra & Mahindra’s strategic focus on SUVs has proven prescient as the segment has exploded in popularity post-COVID, helping the company achieve its highest-ever quarterly SUV volumes of 152,100 units in Q1 FY26, a 22% year-on-year growth. The transformation of India’s automotive market has been dramatic. Pre-COVID, in 2019, SUVs accounted for less than 30%… Continue reading Mahindra’s SUV-Centric Strategy Pays Off Amid Segment Boom
Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
Mahindra & Mahindra’s electric vehicle business delivered a strong financial performance in Q1 FY26, recording ₹111 crore EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortisation) on revenues of ₹2,800 crore. This reflects growing operating scale and traction across its electric SUV portfolio. Breaking down the structure, M&M’s EV operations span two legal entities: • Mahindra Limited,… Continue reading Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
Mahindra & Mahindra’s electric vehicle business delivered a strong financial performance in Q1 FY26, recording ₹111 crore EBITDA (Earnings Before Interest, Taxes, Depreciation, Amortisation) on revenues of ₹2,800 crore. This reflects growing operating scale and traction across its electric SUV portfolio. Breaking down the structure, M&M’s EV operations span two legal entities: • Mahindra Limited,… Continue reading Mahindra’s EV Business Posts ₹111 Cr EBITDA on ₹2,800 Cr Revenue in Q1
US to Impose 25% Tariff Plus Penalty on Goods From India
At a time when India is positioning itself as a hub for global manufacturing and presenting as an alternative to China, the US President Donald Trump said his country will impose a duty of 25% along with a penalty on the export of goods from India from August 1. “Remember, while India is our friend,… Continue reading US to Impose 25% Tariff Plus Penalty on Goods From India
US to Impose 25% Tariff Plus Penalty on Goods From India
At a time when India is positioning itself as a hub for global manufacturing and presenting as an alternative to China, the US President Donald Trump said his country will impose a duty of 25% along with a penalty on the export of goods from India from August 1. “Remember, while India is our friend,… Continue reading US to Impose 25% Tariff Plus Penalty on Goods From India