Category: US Motoring Press

Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40

The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital.  Martyn Lucy | Getty Images News | Getty Images Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40. That reflects a significant upswing… Continue reading Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40

TVS, TAFE Succession Lines Get Clearer

The ownership and management of TVS Holdings and Tractors and Farm Equipment Ltd (TAFE) is being aligned among the family members, according to sources. It is now evident that a clear separation of ownership and management of businesses is happening among the children of Venu Srinvasan and his wife Mallika Srinivasan. Sudarshan Venu, Managing Director… Continue reading TVS, TAFE Succession Lines Get Clearer

Gabriel India Announces Resignation of CFO Rishi Luharuka

Gabriel India Limited, a leading automotive component manufacturer, announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Rishi Luharuka, effective end of the day on May 25, 2025. The disclosure was made in a filing with the stock exchanges. In a letter addressed to the Board of Directors dated March… Continue reading Gabriel India Announces Resignation of CFO Rishi Luharuka

Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India 

Mercedes-Benz introduced the Mercedes-Maybach SL 680 Monogram Series in India, at an ex-showroom price of ₹4.2 crore (all-India). Customer consultations begin immediately, with deliveries expected to start in Q1 2026, the company said.  The open-top two-seater combines the SL silhouette with Mercedes-Maybach design elements. The vehicle is powered by a 4.0-liter V8 biturbo engine that… Continue reading Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series at ₹4.2 Crore in India 

Ionity targets company car fleets as network doubles in size

Ionity has launched an EV charge card with discounted rates for fleets as part of an effort to attract time-sensitive business drivers to its fast-growing network of rapid-charging hubs. The manufacturer-backed network is installing 500 additional chargers in the UK this year, more than doubling the 379 already operating across the country. Each of its hubs… Continue reading Ionity targets company car fleets as network doubles in size

Next Jeep Cherokee to offer choice of petrol or electric power

Jeep is priming the next-generation Cherokee for launch next year, with the new-look SUV set to offer the choice of petrol or electric power. It’s set to be a close relationship of the flagship Jeep Wagoneer S EV, making the switch to Stellantis’s STLA Large platform. Indeed, the new Cherokee shares several design cues with the Wagoneer… Continue reading Next Jeep Cherokee to offer choice of petrol or electric power

Gordon Murray’s cars to headline 2025 Goodwood Festival of Speed

The cars of Gordon Murray Automotive will be the focus of the famous central sculpture at the 2025 Goodwood Festival of Speed as part of the event’s celebration of 60 years of its founder’s influence in automotive design and engineering.  As part of the celebrations, the Festival of Speed will also host the brand’s public debuts of the T50, T33 and… Continue reading Gordon Murray’s cars to headline 2025 Goodwood Festival of Speed

Uproar over end of bargain deals for car industry staff

“Banning the schemes will hamper recruitment, but then if everyone is suffering, I suspect the impact will not be so great,” he said. “At the moment, the prospect is a worry but not yet a problem, and I’m sure the accountants and lawyers will come up with a solution.  “If they don’t, a ban might… Continue reading Uproar over end of bargain deals for car industry staff