The state of Maharashtra, which recently announced a bold new five-year 2025 Electric Vehicle Policy, continues to maintain its grip on the electric passenger vehicle industry. In FY2025, with 246,221 units and a 12.52% share, it was ranked second on the all-India EV sales scale and had the bragging rights for being No. 1 in… Continue reading Maharashtra top buyer of electric cars and SUVs in January-April 2025
Category: US Motoring Press
The C.E.O. of Detroit Axle Gave Trump’s Tariffs a Chance. Now He’s Nervous.
Mike Musheinesh gets about 75 percent of the auto parts his company sells from China. But even with plenty to lose in a trade war, Mr. Musheinesh gave President Trump the benefit of the doubt when he started increasing tariffs on the company’s most important trading partner. The president “needs to shake it up, and… Continue reading The C.E.O. of Detroit Axle Gave Trump’s Tariffs a Chance. Now He’s Nervous.
Carvana’s record quarterly results top Wall Street expectations
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images DETROIT — Carvana’s first-quarter results easily topped Wall Street’s expectations as the company reported record sales driven by higher-than-expected industry demand amid fears of price increases due to automotive tariffs. Here’s how the company performed… Continue reading Carvana’s record quarterly results top Wall Street expectations
Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — A closely watched barometer for used vehicle pricing jumped last month to its highest level since October 2023 as consumers rushed purchases amid fears of price hikes due… Continue reading Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs
Uber misses revenue expectations with trips up 18% over last year
watch now Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. The company’s shares closed down 2.5%. Here’s how Uber did versus analysts’ estimates compiled by LSEG: Earnings per share: 83 cents vs. 50 cents expected. Revenue: $11.53 billion vs. $11.62 billion expected. Revenue at the ride-hailing… Continue reading Uber misses revenue expectations with trips up 18% over last year
MG Windsor: Variants and Key Features Explained
The MG Windsor is a spacious, crossover-styled EV with unique and comfortable lounge seats. It is very well-equipped, too, and has an easy-going character with relaxed driving manners. With ex-showroom prices ranging between Rs 14 lakh and Rs 17.49 lakh, it is currently the bestselling EV in India. The Windsor is also available with MG’s… Continue reading MG Windsor: Variants and Key Features Explained
2025 Jeep Compass Debuts with Hybrid and EV Options; AWD Reserved for Electric Variant
The third-generation Jeep Compass has been officially been revealed in Europe. Sharing underpinnings with the recently unveiled second-generation Citroen C5 Aircross, the new Compass has an evolutionary design, a more upmarket interior and has the option of mild-hybrid, plug-in hybrid and an all-electric powertrains. This new Compass, however, will not make it to India. Jeep… Continue reading 2025 Jeep Compass Debuts with Hybrid and EV Options; AWD Reserved for Electric Variant
TVS Plans Norton Motorcycle Launch in India by Late 2025
Last year, we exclusively reported that TVS would begin manufacturing Norton motorcycles in India in 2025. Now, TVS MD Sudarshan Venu has confirmed that the British brand will be launched by the end of this year. Given the fact that the existing Norton 961 and V4 models are already on sale in the UK, the… Continue reading TVS Plans Norton Motorcycle Launch in India by Late 2025
Routematic Raises Rs 340 Cr in Series C Funding Led by Fullerton Carbon Action Fund and Shift4Good
Routematic, a Corporate Transport-as-a-Service provider specializing in AI-powered commute solutions, has raised Rs 340 crore in a Series C funding round led by Fullerton Carbon Action Fund and Shift4Good. Ostara Advisors acted as the exclusive financial advisor for the transaction. Founded in 2013, the Bengaluru-based company operates in over 23 Indian cities and serves more… Continue reading Routematic Raises Rs 340 Cr in Series C Funding Led by Fullerton Carbon Action Fund and Shift4Good
India-UK FTA Set to Boost Auto Trade, Reinforce West Midlands’ Role as Investment Hub
The landmark India-UK Free Trade Agreement (FTA) has been welcomed as a game-changer for regional economies and industries on both sides, with the West Midlands Growth Company hailing the pact as a major catalyst for investment, innovation, and job creation — especially within the automotive sector. Finalized after 14 rounds of negotiations, the FTA is… Continue reading India-UK FTA Set to Boost Auto Trade, Reinforce West Midlands’ Role as Investment Hub