Category: US Motoring Press

JSW MG Motor India celebrates festive season with over 100 EV deliveries in Delhi-NCR

JSW MG Motor India announced the delivery of over 100 electric vehicles (EVs) in a single day across the Delhi-NCR region. The company promotes adoption of electric vehicles by delivering units of the MG Windsor, the MG ZS EV, and the MG Comet. This delivery reflects the increasing interest among car buyers in MG’s electric… Continue reading JSW MG Motor India celebrates festive season with over 100 EV deliveries in Delhi-NCR

Gulf Oil appoints Abhijit Kulkarni as Chief Commercial Officer

Gulf Oil Lubricants India Ltd. recently appointed Abhijit Kulkarni as its Chief Commercial Officer (CCO). With over 20 years of experience across companies like Unilever, Castrol, and Coca-Cola, Kulkarni brings expertise in strategic marketing, brand development, sales, and general management. In his new role, he will oversee Gulf Oil’s B2C and B2B business segments, excluding… Continue reading Gulf Oil appoints Abhijit Kulkarni as Chief Commercial Officer

Maruti Suzuki stock down sharply on poor Q2 results

Maruti Suzuki shares fell 6% after the automaker posted 17.4% fall in its profitablility for the September quarter due to sharp disounts and a sales slowdown. The shares were being traded at Rs 10,861.80 at 2:10 PM on the NSE. India’s largest passenger car maker’s standalone profit for the quarter came in at Rs 3,069.2… Continue reading Maruti Suzuki stock down sharply on poor Q2 results

Spain and India strengthen ties at CII Business summit

The CII Spain-India Business Summit was held in Mumbai during the visit of H.E. Pedro Sánchez, President of the Government of Spain. This visit marks President Sánchez’s first trip to India and the first by a Spanish president in 18 years. In his address, President Sánchez discussed the potential for enhancing the relationship between India… Continue reading Spain and India strengthen ties at CII Business summit

Fast Fords will survive into the electric era

Ford is committed to making performance models in the future despite the slimming down of the Ford Performance range for ST and RS models in recent years. With the Focus ST soon to follow the Fiesta ST into retirement, only the Puma ST and the Mustang will remain on sale. Autocar spoke to Ford of… Continue reading Fast Fords will survive into the electric era

Porsche 911 GT3 has two years left without hybrid or turbo

The Porsche 911 GT3’s 503bhp naturally aspirated flat six has only around two years left on sale without being turbocharged or electrified, according to Porsche GT boss Andreas Preuninger.  The 4.0-litre engine has powered the GT3 since the ‘991.2’ generation of 2018 and is also fitted in the 911 S/T, 911 GT3 RS, 718 Cayman… Continue reading Porsche 911 GT3 has two years left without hybrid or turbo

Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

Ford and Lincoln vehicles are displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT — Ford Motor guided to the low end of its previously announced 2024 earnings forecast as it slightly topped Wall Street’s third-quarter expectations. The Detroit automaker said Monday it now… Continue reading Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street’s third-quarter expectations

Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says

Cars stand at a Volkswagen dealership on October 10, 2024 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company’s works council said Monday. Volkswagen management recently presented plans to… Continue reading Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says