The Indian luxury car market, which has enjoyed robust growth since the COVID-19 pandemic, outpacing the mainstream segment, is now seeing a slowdown as falling stock markets and geopolitical instability dampen consumer sentiment. The high-end car market may be experiencing its slowest growth from January to March 2025. If the weakness persists, it may even… Continue reading Luxury Car Market to Slow in 2025: Mercedes-Benz Sees Flattish Numbers
Category: US Motoring Press
Royal Enfield 650cc models command 96% of 500-800cc motorcycle market
Midsize motorcycle market leader Royal Enfield, which has registered total wholesales of 814,707 units (up 6% YoY) in the first 11 months of FY2025, is set to surpass its record FY2024 sales of 834,795 units (up 13% YoY) in the current fiscal. It is witnessing strong growth in the 500-800cc segment where it has three… Continue reading Royal Enfield 650cc models command 96% of 500-800cc motorcycle market
Auto suppliers face more dire circumstances than automakers amid Trump tariffs
US President Donald Trump arrives to speak about the United States – Mexico – Canada agreement, known as USMCA, during a visit to Dana Incorporated, an auto supplier manufacturer, in Warren, Michigan, January 30, 2020. Saul Loeb | Afp | Getty Images DETROIT — President Donald Trump‘s proposed tariffs on goods from Mexico and Canada would hit automotive… Continue reading Auto suppliers face more dire circumstances than automakers amid Trump tariffs
Why so many people are getting scam texts saying they have unpaid tolls
A rise in text messages telling people they have unpaid toll fees is emerging as the latest iteration of a ballooning form of fraud. It’s called “smishing” — a portmanteau of “phishing,” the practice of tricking people into sharing financial information or downloading malware, and “SMS,” the software protocol used for text messages. Scammers can… Continue reading Why so many people are getting scam texts saying they have unpaid tolls
Meta’s potential exit from Delaware had governor worried enough to call special weekend meetings
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters After news broke on the last day of January that Meta might follow Elon Musk’s lead in exiting Delaware to incorporate in another state, Democratic Gov. Matt Meyer sprung into action. Delaware has long been the dominant… Continue reading Meta’s potential exit from Delaware had governor worried enough to call special weekend meetings
How 3D-printing ‘microfactories’ can transform plastic waste into brand new products
A new era of 3D printing “microfactories” is helping to turn waste plastics into “highly competitive” products fit for use in the construction industry, according to Veena Sahajwalla, professor and founding director of UNSW Sustainable Materials Research and Technology (SMaRT) Centre. Speaking to CNBC’s Mandy Drury at Schneider Electric’s Sydney Innovation Summit on Monday in… Continue reading How 3D-printing ‘microfactories’ can transform plastic waste into brand new products
Ashok Leyland Opens Bus Manufacturing Plant in Andhra Pradesh
Ashok Leyland, a leading commercial vehicle manufacturer and part of the Hinduja Group, inaugurated its new bus manufacturing plant near Vijayawada, Andhra Pradesh. Nara Lokesh, Minister of Information Technology, Electronics and Communications, and Human Resource Development, Government of Andhra Pradesh, presided over the event. As part of the ceremony, Ashok Leyland and the Hinduja Group… Continue reading Ashok Leyland Opens Bus Manufacturing Plant in Andhra Pradesh
Volkswagen to unveil 50th anniversary Golf GTI at Nurburgring 24hr
Volkswagen has confirmed plans to unveil a celebratory Golf GTI model at the Nürburgring 24 Hours race in June, marking 50 years of the genre-defining hot hatchback. While full details remain under wraps, the 50th-anniversary edition of Volkswagen’s most iconic performance model is expected to be based on the recently updated Golf GTI Clubsport, featuring… Continue reading Volkswagen to unveil 50th anniversary Golf GTI at Nurburgring 24hr
Exponent Energy Unveils India’s First 1MW Rapid Charging Technology, Plans 1.5MW System
Exponent Energy has unveiled India’s first 1MW rapid charging technology for electric buses and announced plans to introduce a 1.5MW rapid charging system for EVs later this year. The announcement follows BYD’s recent introduction of its 1MW charging technology for cars in China. In August 2024, Exponent Energy partnered with Veera Vahana to launch… Continue reading Exponent Energy Unveils India’s First 1MW Rapid Charging Technology, Plans 1.5MW System
Hyundai Motor India to Implement Price Hike of Up to 3% from April 2025
Hyundai Motor India Limited (HMIL) has announced a price increase of up to 3% across its model lineup, effective April 2025. The revision comes in response to rising input costs, higher commodity prices, and increased operational expenses. The extent of the price hike will vary depending on the model and variant. Tarun Garg, Whole-time… Continue reading Hyundai Motor India to Implement Price Hike of Up to 3% from April 2025