Supercar manufacturer and race outfit McLaren’s financial worries are well documented, but its new owner, Abu Dhabi-based CYVN Holdings, could well be the answer to the Woking firm’s woes. A potential deal between the Abu Dhabi government-owned investor and the manufacturer was first announced in October 2024, and the ink dried on the agreement on… Continue reading McLaren gets a new owner with big plans for the future
Category: US Motoring Press
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO’s exit
Dodge CEO Tim Kuniskis unveils the Charger Daytona SRT concept electric muscle car in Pontiac, Michigan, Aug. 17, 2022. Michael Wayland / CNBC DETROIT — Well-known Stellantis executive Tim Kuniskis is returning to the automaker effective immediately, CNBC has learned. Kuniskis, who retired from the automaker in May, will once again lead the company’s Ram… Continue reading Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis after CEO’s exit
Toyota Kirloskar Motor launches ‘Toyota Youth Connect’ to enhance skill development in Karnataka
Toyota Kirloskar Motor (TKM) has launched the “Toyota Youth Connect” program, a three-week initiative aimed at bridging the gap between academic education and industry requirements. The program, conducted across all 30 districts of Karnataka, targeted over 7,700 youth and collaborated with more than 70 Industrial Training Institutes (ITIs) to introduce students to career opportunities in… Continue reading Toyota Kirloskar Motor launches ‘Toyota Youth Connect’ to enhance skill development in Karnataka
BOCI announces new leadership
The Bus and Car Operators Confederation of India (BOCI), the apex body representing passenger transport operators across the country, has announced its new National Committee for a three-year term. The key members of the committee include Prasanna Patwardhan as National President, A. Afzal as National Vice President, Dharmaraj D.R. as General Secretary, Harsh Kotak as… Continue reading BOCI announces new leadership
Global innovators to showcase battery solutions at Bharat Battery Show 2025
The Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, is set to feature participation from over 100 companies across various countries, including the USA, Japan, Korea, Singapore, China, and India. The event is expected to attract more than 500,000 visitors from over 50 countries and will take place at the Bharat Mandapam… Continue reading Global innovators to showcase battery solutions at Bharat Battery Show 2025
Kia India to increase prices by up to 2% starting January 2025
Kia India has announced a price hike of up to 2% across its entire product range, effective from January 1, 2025. The decision has been attributed to rising input costs, including commodity prices and supply chain expenses. Explaining the move, Hardeep Singh Brar, Senior Vice President – Sales and Marketing, Kia India, stated that the… Continue reading Kia India to increase prices by up to 2% starting January 2025
Tata Motors to hike prices by up to 3% from January 2025
Tata Motors announced today that it will take a price increase of up to 3% across its passenger vehicles portfolio, including EVs. Effective January, 2025, the price increase will vary depending on model and variant, and is being taken to partially offset the rise in input costs and inflation, the company said. This move aligns with… Continue reading Tata Motors to hike prices by up to 3% from January 2025
Tata Motors to hike prices by up to 3% from January 2025
Tata Motors announced today that it will take a price increase of up to 3% across its passenger vehicles portfolio, including EVs. Effective January, 2025, the price increase will vary depending on model and variant, and is being taken to partially offset the rise in input costs and inflation, the company said. This move aligns with… Continue reading Tata Motors to hike prices by up to 3% from January 2025
Eastman Auto & Power expands inverter battery portfolio with over 170 SKUs
Eastman Auto & Power, a prominent player in the power solutions sector, has launched a comprehensive expansion of its inverter battery portfolio. The company introduced over 100 new models under the Eastman brand and more than 70 models under its sister brand, ADDO, bringing the total number of SKUs to over 170. The expanded range… Continue reading Eastman Auto & Power expands inverter battery portfolio with over 170 SKUs
MG Select teases MG Cyberster with electric scissor doors, unveiling in January 2025
MG Motor India, through its newly launched luxury brand channel MG Select, has shared a preview of its upcoming model, the MG Cyberster. This new roadster, expected to be the fastest in the brand’s history, will feature India’s first-ever electric scissor doors. The car draws design inspiration from the classic MG B Roadster from the… Continue reading MG Select teases MG Cyberster with electric scissor doors, unveiling in January 2025