Volvo Car India recently undertook an innovative road safety campaign, wherein the company collaborated with renowned Indian artist Subodh Kerkar, founding director of the Museum of Goa. The idea of the partnership was to leverage art to draw public attention towards the cause of improving road safety. As part of the National Road Safety Month… Continue reading National Road Safety Month: Volvo Car India draws attention to zebra crossings
Category: US Motoring Press
Automotive sector plans 70% workforce expansion, reports TeamLease Services
TeamLease Services, a staffing solutions company in India, has released its Employment Outlook Report for HY2 FY25, highlighting workforce trends in the automotive sector. The industry, which contributes approximately 7% to India’s GDP, is experiencing notable hiring momentum driven by consumer demand, technological advancements, and a growing focus on electric and connected vehicles. The report… Continue reading Automotive sector plans 70% workforce expansion, reports TeamLease Services
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in the market for electric cars. The company, which is led by Elon Musk, said it made a profit of $2.3 billion during the last three months of 2024. That… Continue reading Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
Maruti’s rural sales soar 15%, far outpacing urban growth at 2.5% in Q3FY25: Rahul Bharti
India’s largest carmaker Maruti Suzuki India Ltd’s (MSIL) rural retail growth in Q3 FY25 stood at an impressive 15%, significantly higher than urban retail growth, which was recorded at just 2.5%. Overall retail growth for Q3 reached 8.3%, reflecting a slowdown in consumer demand from urban markets. “Rural has been growing better than urban and… Continue reading Maruti’s rural sales soar 15%, far outpacing urban growth at 2.5% in Q3FY25: Rahul Bharti
Musk hits new levels of hype as Tesla earnings fall short
Tesla CEO Elon Musk ratcheted the hyperbole to new levels on the company’s latest earnings call, talking up the earnings potential of new projects like the Optimus robot and Cybercab autonomous car, even as earnings on the core automotive business delivered a “significant” miss on analysts’ expectations. Tesla’s quarterly discussions with business analysts have rarely followed… Continue reading Musk hits new levels of hype as Tesla earnings fall short
Polestar gets rally-ready with beefed-up versions of 2, 3 and 4 EVs
Polestar has given its line-up of electric cars the full-bore rally treatment in a drive to emphasise “the Swedish brand’s performance DNA”. Making their public debut, appropriately, at the annual FAT Ice Race in Austria, the ‘Arctic Circle’ versions of the Polestar 2, 3 and 4 each feature extensive modifications aimed at improving their performance… Continue reading Polestar gets rally-ready with beefed-up versions of 2, 3 and 4 EVs
Morgan releases first pictures of imminent Plus Six replacement
Morgan has released the first pictures of the replacement for the Plus Six, its flagship sports car. It is a rakish coupé, melding the classical styling of the Plus Six and its four-cylinder Plus Four sibling with elements of the Aero cars that bowed out in 2018. Notably, it has a long, sloping tail, similar to… Continue reading Morgan releases first pictures of imminent Plus Six replacement
Tesla to launch ‘more affordable models’ by the summer
Tesla is on the cusp of launching a range of “more affordable models” in a bid to broaden its appeal after it logged its first annual decline in sales since becoming a mainstream brand. It sold 1.79 million cars last year, down from 1.81m in 2023. The new cars are intended to ultimately boost Tesla‘s… Continue reading Tesla to launch ‘more affordable models’ by the summer
Rane Madras reports Q3 net loss as margins face headwinds
Rane (Madras) Limited (RML), a prominent manufacturer of steering and suspension systems, reported a consolidated net loss of ₹0.2 crore for the third quarter ended December 31, 2024, marking a sharp reversal from a profit of ₹9.1 crore in the same period last year. The company’s consolidated revenue remained relatively flat at ₹523.7 crore, showing… Continue reading Rane Madras reports Q3 net loss as margins face headwinds
Auto Expo 2025 – Dialogues | Zakir Hussein, CEO, Alkraft Thermotechnologies
With growing electrification in the heavy-commercial vehicle segment, the company eyes synergies in products such as radiators, and coolers, which find application in ICE as well as EVs. At the recently-concluded Auto Expo 2025, Autocar Professional exclusively spoke with top industry executives to gauge their future technology and business strategies for the Indian market which is likely to witness… Continue reading Auto Expo 2025 – Dialogues | Zakir Hussein, CEO, Alkraft Thermotechnologies