Mahindra & Mahindra, a major player in the Indian SUV market, has announced that it will implement a price increase across its SUV and commercial vehicle (CV) range, effective from January 2025. The price adjustment comes in response to rising inflation and increased commodity prices. While Mahindra has made efforts to absorb a significant portion… Continue reading Mahindra to hike prices across SUV and CV range from January 2025
Category: US Motoring Press
CEAT acquires Camso Off-Highway tyres and tracks business from Michelin in $225 Million deal
CEAT, part of the RPG Group, has entered into an agreement with Michelin to acquire the Camso brand’s off-highway construction equipment bias tyres and tracks business. The all-cash deal, valued at $225 million, includes two manufacturing facilities in Sri Lanka and the global rights to the Camso brand. The acquired business recorded revenues of $213… Continue reading CEAT acquires Camso Off-Highway tyres and tracks business from Michelin in $225 Million deal
Ultraviolette announces 5% price increase on F77 MACH 2 starting January 2025
Ultraviolette has announced a price revision for select variants of its flagship F77 MACH 2 electric motorcycle. The price increase, effective from January 1, 2025, will be up to 5%, although the starting price of the F77 MACH 2 will remain Rs 2,99,000. The decision to revise the pricing is attributed to rising input costs… Continue reading Ultraviolette announces 5% price increase on F77 MACH 2 starting January 2025
Reise Moto launches Acerbis and Nexx helmets in India at IBW 2024
Reise Moto, a premium tyre manufacturer and provider of motorcycle accessories and apparel, has expanded its product range with the introduction of Acerbis and Nexx helmets at IBW 2024. The new helmets, alongside Reise Moto’s own branded gear including jackets, gloves, and pants, are designed to meet the specific needs of Indian riders. Acerbis helmets… Continue reading Reise Moto launches Acerbis and Nexx helmets in India at IBW 2024
2025 Ducati Multistrada V2 revealed, steps in as the lightest in the segment
The Ducati Multistrada V2 sets a new benchmark for mid-size crossovers, focusing on lightness, handling, and ease of riding. Featuring a redesigned framework around the new Ducati V2 engine, the bike is 18 kg lighter than its predecessor, making it the lightest in its category. When talking about it in detail, the design of the… Continue reading 2025 Ducati Multistrada V2 revealed, steps in as the lightest in the segment
Nissan launches national training centre ‘Nissan Academy’ in Chennai
Nissan Motor India inaugurated its first national training centre, the Nissan Academy, at the Alliance JV plant in Chennai, Tamil Nadu. The facility aims to upskill dealership and service staff across India, enabling Nissan to deliver superior customer experiences. The 10,500-square-foot academy, inaugurated by Frank Torres, Divisional Vice President AMIEO & President, Nissan India Operations,… Continue reading Nissan launches national training centre ‘Nissan Academy’ in Chennai
MIC Electronics introduces Emergency Light Unit to improve railway safety
MIC Electronics Limited (MICEL), a provider of LED lighting and electronic display systems, has introduced an Emergency Light Unit (ELU) to improve passenger safety on trains during power outages and emergencies. The product is undergoing pilot testing on Vande Bharat trains and coaches, with final approval expected within 15 to 25 days, pending successful trials.… Continue reading MIC Electronics introduces Emergency Light Unit to improve railway safety
Stellantis Chairman John Elkann visits Maserati’s Modena Headquarters
John Elkann, chairman of Stellantis, visited Maserati’s historic headquarters in Modena as part of a global tour of the company’s sites and plants. The visit comes after Elkann’s recent trip to Auburn Hills in the United States and highlights his commitment to engaging with the workforce amidst challenging times for the industry. At the Viale… Continue reading Stellantis Chairman John Elkann visits Maserati’s Modena Headquarters
Setco Automotive’s Lava Cast begins export of flywheels and covers to the USA
Setco Automotive Limited a manufacturer of MHCV clutches and truck products, has successfully exported flywheels and covers to the US market through its subsidiary, Lava Cast. This marks a step in the company’s efforts to expand its international operations and provide products to a diverse customer base. The shipment includes flywheels designed for key… Continue reading Setco Automotive’s Lava Cast begins export of flywheels and covers to the USA
Maruti Suzuki to hike prices by up to 4% from January 2025
Maruti Suzuki India Ltd, the country’s largest automobile manufacturer, has announced plans to increase the prices of its vehicles starting January 2025. The hike, which is expected to be up to 4%, will vary across different models. The decision comes as a response to escalating input costs and rising operational expenses, according to a statement… Continue reading Maruti Suzuki to hike prices by up to 4% from January 2025