A Hertz Tesla electric vehicle is displayed during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York City, U.S., November 9, 2021. Brendan Mcdermid | Reuters Hertz Global CEO Gil West is “encouraged” and “energized” by prominent investor Bill Ackman taking a “significant” position in the post-bankrupt rental car… Continue reading Read Hertz CEO’s letter to employees about Bill Ackman’s ‘significant’ stake in the rental car firm
Category: US Motoring Press
Delhi EV Policy 2.0: Ban on Petrol Two-Wheelers Not Included for Now
Refuting media reports, Delhi transport minister Dr Pankaj Singh clarified that “all bikes and autos will continue to operate in the Union Territory”. On Tuesday, the Delhi government approved a three-month extension of its current EV policy and the continuation of power subsidies. This comes ahead of the implementation of EV Policy 2.0, which aims… Continue reading Delhi EV Policy 2.0: Ban on Petrol Two-Wheelers Not Included for Now
Lexus to Unveil New ES on April 23
Toyota-owned Lexus will reveal the eighth-generation ES sedan on April 23, 2025, at the motor show in Shanghai. Lexus has released a series of teasers hinting at the upcoming model’s new design. Its interior, features and powertrain specs willInd be announced next week. New Lexus ES teasers explainedBoomerang DRLs, rakish roofline Lexus dubs the upcoming… Continue reading Lexus to Unveil New ES on April 23
Porsche Pulls Petrol Macan S and GTS from Indian Lineup
The Porsche Macan petrol will now only be available in entry-level guise as the German brand has discontinued the S and GTS variants of the SUV and delisted them from its website. Porsche India has confirmed that new orders for the Macan S and GTS cannot be placed, though there are some units still available… Continue reading Porsche Pulls Petrol Macan S and GTS from Indian Lineup
Setco Automotive CFO Kuldeep Singh Resigns
Setco Automotive Limited has announced the resignation of Kuldeep Singh from his role as Chief Financial Officer (CFO) and Key Managerial Personnel, effective from the close of business hours on April 18, 2025. The company shared this update in a regulatory filing to both BSE and the National Stock Exchange (NSE) under Regulation 30 of… Continue reading Setco Automotive CFO Kuldeep Singh Resigns
ParaSafe Report Highlights Gaps in Road Safety Awareness and Compliance in India
A new report released by ParaSafe, a subsidiary of Paracoat, has identified significant gaps in road safety awareness and compliance across India, particularly in Tier 2 and Tier 3 cities. Despite advancements in vehicle technology and infrastructure, the report highlights that road safety remains a pressing public health concern. The report reveals that 1.68 lakh… Continue reading ParaSafe Report Highlights Gaps in Road Safety Awareness and Compliance in India
Gulf Oil Relaunches Gulf Pride Engine Oil with New Formula and Packaging
Gulf Oil Lubricants India Limited has relaunched its flagship two-wheeler engine oil, Gulf Pride, featuring updated packaging and an enhanced formula. The company has also introduced a 360-degree marketing campaign to support the launch, with cricketer MS Dhoni continuing as brand ambassador. According to Gulf Oil, the upgraded Gulf Pride now meets the latest API… Continue reading Gulf Oil Relaunches Gulf Pride Engine Oil with New Formula and Packaging
Mahindra Tractors Flags Off ‘Ashwamedh’ Initiative Under ‘Rag Rag Laal Hai’ Campaign
Mahindra Tractors, a part of the Mahindra Group and the world’s largest tractor manufacturer by volume, launched a nationwide initiative titled ‘Ashwamedh’ on Friday as part of its ongoing ‘Rag Rag Laal Hai’ campaign. The campaign has been introduced to commemorate the company’s four decades of leadership in India’s tractor market. The initiative was officially… Continue reading Mahindra Tractors Flags Off ‘Ashwamedh’ Initiative Under ‘Rag Rag Laal Hai’ Campaign
Marelli Unveils Platform Approach at Auto Shanghai 2025
Marelli, a global automotive technology supplier, presented its new platform-based development approach at Auto Shanghai 2025 on April 17, showcasing several new technologies designed to streamline product development for different vehicle segments. The company introduced the LeanEnergy battery management system and LeanSuspension solution, along with a new application of its ProDisplay technology at the Shanghai… Continue reading Marelli Unveils Platform Approach at Auto Shanghai 2025
Marelli Unveils Platform Approach at Auto Shanghai 2025
Marelli, a global automotive technology supplier, presented its new platform-based development approach at Auto Shanghai 2025 on April 17, showcasing several new technologies designed to streamline product development for different vehicle segments. The company introduced the LeanEnergy battery management system and LeanSuspension solution, along with a new application of its ProDisplay technology at the Shanghai… Continue reading Marelli Unveils Platform Approach at Auto Shanghai 2025