India’s state-owned Oil Marketing Companies (OMCs), namely Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL), have launched a significant biodiesel procurement initiative for the financial year 2025-26, signaling a renewed push to bolster the country’s biofuel agenda. The tender, opened on March 13, 2025, seeks to procure… Continue reading Indian OMCs Kick Off Biodiesel Procurement for FY 2026 with Major Tender
Category: US Motoring Press
Hero MotoCorp Pauses Production to ‘Navigate Supply Alignment’
India’s largest two-wheeler manufacturer, Hero MotoCorp, said it will pause production at four of its six manufacturing plants for three days from April 17 to 19, 2025, citing the need for a “short-term supply alignment”. The production pause affects Hero’s facilities in Dharuhera, Gurugram, Haridwar, and Neemrana, while operations at Tirupati and Halol plants will… Continue reading Hero MotoCorp Pauses Production to ‘Navigate Supply Alignment’
Hero MotoCorp Pauses Production to ‘Navigate Supply Alignment’
India’s largest two-wheeler manufacturer, Hero MotoCorp, said it will pause production at four of its six manufacturing plants for three days from April 17 to 19, 2025, citing the need for a “short-term supply alignment”. The production pause affects Hero’s facilities in Dharuhera, Gurugram, Haridwar, and Neemrana, while operations at Tirupati and Halol plants will… Continue reading Hero MotoCorp Pauses Production to ‘Navigate Supply Alignment’
Rajputana Biodiesel Secures ₹30 Crore Order from Oil Marketing Companies
Rajputana Biodiesel Limited and its subsidiary Nirvaanraj Energy Private Limited have secured Letters of Intent (LOIs) for the supply of 3,543 KL of biodiesel to Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL). The orders, valued at approximately ₹30 crore, cover the period from April to July 2025. The LOIs follow a… Continue reading Rajputana Biodiesel Secures ₹30 Crore Order from Oil Marketing Companies
Subaru hints at STI revival in performance car push
Subaru is planning to offer performance models in its future full electric line-up – which could include new sports cars in the vein of the Impreza STI and BRZ. The brand gained a huge cult following for its rally-honed performance machines in the early 1990s, and also enjoyed success with the BRZ sports car that… Continue reading Subaru hints at STI revival in performance car push
Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Bill Ackman’s Pershing Square took a sizable stake in Hertz, the rental-car company that exited from bankruptcy four years ago, sparking a big rally. Shares of Hertz surged 56% on Wednesday after a… Continue reading Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm
Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs
FILE PHOTO: The American flag flutters at a Nissan automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters Nissan Motor’s new Americas leader said the automaker is aiming to “max out” production at its largest American production plant amid President Donald Trump’s 25% auto tariffs. Christian Meunier, who started as chairman… Continue reading Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs
Why Tesla’s turn to robots has divided Wall Street
In just a decade, Tesla grew its electric vehicle sales from 32,000 units to 1.8 million — making it, for most of that stretch, the world’s largest seller of pure EVs. But while it was aggressively ramping up EV production, the company was also changing its mission. In 2006, CEO Elon Musk said Tesla’s purpose… Continue reading Why Tesla’s turn to robots has divided Wall Street
Lyft to buy taxi app Free Now for $200 million to expand into Europe
Lyft logo is seen in this illustration taken June 27, 2022. Dado Ruvic | Reuters U.S. ride-hailing firm Lyft on Wednesday announced that it’s buying European taxi app Free Now in a 175 million euro ($199 million) deal. The company said that the acquisition — Lyft’s first in Europe — is expected to close in… Continue reading Lyft to buy taxi app Free Now for $200 million to expand into Europe
U.S. vehicle supply is falling amid tariff fear-buying
Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California. Justin Sullivan | Getty Images DETROIT – Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers flock to purchase cars and trucks ahead of potential price increases due… Continue reading U.S. vehicle supply is falling amid tariff fear-buying