In this video interview, Vineet Singh, Director, Strategy and Growth, Daewoo Lubricants (India) outlines the company’s roadmap to capture a 2% market share by FY26 with its range of highly advanced and localised products. On April 29, Korea’s Daewoo partnered India’s Mangali Industries to foray into the area of automotive lubricants in India. Daewoo Lubricants… Continue reading Daewoo Lubricants’ Expansion Plans in the Indian Market
Category: US Motoring Press
Tenneco Names Arvind Chandra as New India CEO
Tenneco, a global automotive supplier, has appointed Arvind Chandra as Chief Executive Officer of its India operations, the company announced Tuesday. Chandra will oversee all divisions under Tenneco India, including Clean Air, Monroe Ride Solutions, Champion Ignition, and Powertrain businesses. The appointment comes as Tenneco continues to position India as a strategic growth market within… Continue reading Tenneco Names Arvind Chandra as New India CEO
Fuel-Tech Platform Nawgati Secures $2.5 Million in Pre-Series A Funding
Nawgati, an Indian fuel-tech platform, has secured $2.5 million in pre-series A funding led by stock market investor Ajay Upadhyaya. The round included participation from Deepak Bhagnani Family Office, MeitY Startup Hub, Aamara Capital, and several angel investors including former Accenture MD Sanjay Sharma. The company plans to use the funds to expand globally while… Continue reading Fuel-Tech Platform Nawgati Secures $2.5 Million in Pre-Series A Funding
Trump tariffs: car makers struggle to mitigate loss of billions in profit
Car makers with exposure to the giant US car market are scrabbling for solutions to mitigate the predicated loss of billions in profits as a result of the sudden and highly punitive tariffs imposed by president Donald Trump. General Motors said it had “pulled out the Covid playbook” in a bid to reduce costs after… Continue reading Trump tariffs: car makers struggle to mitigate loss of billions in profit
Ather Energy Lists at Premium of 2%
Ather Energy Ltd today listed at premium of 2.18% at Rs 328 on the National Stock Exchange, lull. On BSE the stock was listed at a premium of 1.6% at Rs 326.05, before giving up the gains to trade at around Rs 310, down 3% over the issue price. Ather Energy entered the public markets… Continue reading Ather Energy Lists at Premium of 2%
Ather Energy IPO: What Are the Prospects for the Stock?
Bengaluru-based Ahter Energy has got off to a muted start to its life as a listed entity, with the stock trading flat compared to the issue price of Rs 321. We examine the strengths and weaknesses of this R&D-focused EV maker, and assess the stock’s long-term prospects. The Bull Case On the positive side, Ather… Continue reading Ather Energy IPO: What Are the Prospects for the Stock?
KPIT Technologies Acquires Caresoft Global’s Engineering Solutions Business
KPIT Technologies Ltd., a global leader in mobility solutions, announced today the acquisition of Caresoft Global’s Engineering Solutions Business to deliver enhanced cost optimization and innovative engineering solutions to trucks, off-highway, and mobility players amid intensifying industry disruption. The acquisition comes as automotive manufacturers face mounting challenges from tariff uncertainties, strained supply chains, and increasing… Continue reading KPIT Technologies Acquires Caresoft Global’s Engineering Solutions Business
Sonalika Tractors Records 11,962 Sales in April, Sets FY’26 Growth Path
India’s leading tractor export brand, Sonalika Tractors, recorded 11,962 overall tractor sales in April 2025, marking a strong start to FY’26. The company continues its farmer-centric strategy, customizing its heavy-duty tractors to meet regional needs and enhance agricultural productivity. Sonalika has launched the ‘Sonalika Toofani Dhamaka’ offer, providing farmers with the opportunity to purchase tractors… Continue reading Sonalika Tractors Records 11,962 Sales in April, Sets FY’26 Growth Path
Mahindra May Tweak EV Portfolio To Offer Greater Range In Lower Variants
Mahindra & Mahindra Ltd, which is getting the overwhelming share of bookings for its recently introduced BE 6 and XEV 9e at the top-end “Pack 3” variant, it’s likely to create new variants to make its sales mix more balanced. Despite healthy inquiries for the lower-priced variants, consumers appear hesitant to commit without seeing the… Continue reading Mahindra May Tweak EV Portfolio To Offer Greater Range In Lower Variants
Hyundai Motor India Reaches 12.7 Million Sales Mark in 29-Year Journey
Hyundai Motor India Limited (HMIL) marked its 29th foundation day today, announcing total sales of over 12.7 million units since its establishment on May 6, 1996. The company has invested US $6 billion in its Indian operations to date and exported more than 3.7 million vehicles to over 150 countries, establishing itself as one of… Continue reading Hyundai Motor India Reaches 12.7 Million Sales Mark in 29-Year Journey