U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. Massimo Pinca | Reuters DETROIT – Shares of Nikola closed Thursday down 27.8% after a report that the embattled electric truck maker is exploring… Continue reading Shares of cash-strapped Nikola nosedive on report of potential sale
Category: US Motoring Press
GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
2026 Cadillac Lyriq-V DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S. Cadillac expects to achieve that target with an expanding lineup of electric vehicles such as the performance Lyriq-V, Escalade… Continue reading GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
Tata Motors and BVG Foundation collaborate to launch good samaritan road safety app
Tata Motors Limited, a prominent player in India’s automotive industry, has teamed up with BVG Foundation, a nonprofit organisation, to launch the Good Samaritan Road Safety App. The initiative aims to improve road safety and streamline emergency responses in Maharashtra by leveraging technology and community participation. The Good Samaritan Road Safety App is designed… Continue reading Tata Motors and BVG Foundation collaborate to launch good samaritan road safety app
Maruti Suzuki to hike car prices by up to Rs 32,500 in February
Maruti Suzuki India (MSIL) said it will increase the prices of vehicles from February 1 amid rising input costs and operational expenses. The price hike ranges from Rs 5,000 to Rs 32,500 across all models. “While the company is committed to optimise costs and reduce the impact on the customers, we are constrained to pass… Continue reading Maruti Suzuki to hike car prices by up to Rs 32,500 in February
INDEA and XLRI showcase automotive design education at Mobility Expo
The Indian School for Design of Automobiles (INDEA), affiliated with XLRI Centre for Automobile Design & Management, participated in the Bharat Mobility Global Expo 2025, highlighting its vision for automotive design education in India. As the country’s first dedicated school for automobile design and management, INDEA aims to align academic training with industry requirements in… Continue reading INDEA and XLRI showcase automotive design education at Mobility Expo
Sona Comstar to invest $4 million in suspension technology company ClearMotion
Sona BLW Precision Forgings Ltd (Sona Comstar) will invest Rs $4 million (around Rs 34.6 crore) in US-based automotive technology company ClearMotion Inc in the form of convertible preferred stock, according to an exchange filing. Sona Comstar’s board has approved the investment. ClearMotion makes products that enable a smooth user experience in vehicles. The company’s… Continue reading Sona Comstar to invest $4 million in suspension technology company ClearMotion
Honda Launches 2025 Activa Starting at ₹80,950
Honda Motorcycle & Scooter India (HMSI) has launched the new 2025 Activa, priced from ₹80,950 (ex-showroom Delhi). The updated model complies with OBD2B standards and introduces advanced features to enhance technology, convenience, and sustainability for Indian customers. The new Activa is powered by a 109.51cc single-cylinder PGM-Fi engine that produces 5.88 kW at 8,000 RPM… Continue reading Honda Launches 2025 Activa Starting at ₹80,950
Kia PV5 electric van to make UK debut on 29 April
Kia will launch its electric van business in the UK on 29 April when the production version of the PV5 makes its national debut at the Commercial Vehicle Show. The PV5 was first shown in concept form at the CES electronics show in Las Vegas last year and prototypes have recently been spotted testing in… Continue reading Kia PV5 electric van to make UK debut on 29 April
EV startup Simple Energy plans nationwide expansion in 2025
Simple Energy, a clean technology startup focused on electric two-wheelers, announced an ambitious expansion strategy for 2025, planning to open 150 new stores and 200 service centers across India. The company, which launched commercially in May 2023, currently operates in seven cities across five southern states and has completed over 1,500 vehicle deliveries. The expansion… Continue reading EV startup Simple Energy plans nationwide expansion in 2025
Sona Comstar Q3FY25 earnings: Net profit up 14%, revenue up 12%
Sona BLW Precision Forgings Ltd (Sona Comstar) posted a 14% year-on-year growth in its net profit for the October-December quarter to clock the highest ever-quarterly net profit. Strong growth in the revenue from battery electric vehicles supported the earnings. The Gurugram-based company manufactures components such as differential assemblies, differential gears, starter motors, BSG systems, EV… Continue reading Sona Comstar Q3FY25 earnings: Net profit up 14%, revenue up 12%