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
Category: US Motoring Press
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
Stellantis taps Swedish start-up for quadricycle production tech
Stellantis is on the verge of expanding its quadricycle business beyond the Citroën Ami, Fiat Topolino and Opel Rocks Electric, having partnered with Swedish firm Luvly to evaluate its flat-pack production method. Luvly’s patented chassis design uses a series of large composite panels joined with extruded aluminium connectors, to which other key components (such as… Continue reading Stellantis taps Swedish start-up for quadricycle production tech
Mercedes-Benz Launches Mercedes-Maybach SL 680 Monogram Series 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 in India
Ultraviolette Opens Experience Center in Patna
Electric motorcycles manufacturer Ultraviolette has launched its first experience center in East India with the inauguration of a 2500 sq. ft. facility in Patna. This marks the company’s expansion into the region, marking its presence in twelve cities across the country. Ultraviolette has presence in Bengaluru, Pune, Mumbai, Chennai, Visakhapatnam, Hyderabad, Kochi, Mangaluru, Ahmedabad, Coimbatore, and… Continue reading Ultraviolette Opens Experience Center in Patna
Ericsson, Volvo Group, and Airtel Begin 5G Advanced Research Partnership in India
Telecommunications giant Ericsson, automotive manufacturer Volvo Group, and telecom provider Bharti Airtel have announced a joint research initiative to explore industrial applications of Extended Reality (XR) and Digital Twin technologies powered by 5G Advanced networks in India. The collaboration, centered at Volvo Group’s manufacturing facility and R&D center in Bangalore, will investigate how these technologies… Continue reading Ericsson, Volvo Group, and Airtel Begin 5G Advanced Research Partnership in India
Sundaram Finance Holdings Acquires Forge 2000 for Rs. 16 Crores
Sundaram Finance Holdings Limited (SFHL) announced today the completion of its acquisition of Forge 2000 Private Limited. The company has acquired a 100% stake in the automotive forge components manufacturer for Rs. 16 crores. In a filing with the National Stock Exchange, SFHL confirmed that it has purchased 20,00,000 equity shares at Rs. 80 per… Continue reading Sundaram Finance Holdings Acquires Forge 2000 for Rs. 16 Crores
Moody’s downgrades VW on sector headwinds, Chinese competition: Report
Moody’s has downgraded Volkswagen from Baa1 to A3, on the back of sector headwinds, structural issues and competition from China, besides the ongoing investment requirements, Reuters reported. The ratings agency noted in a statement that the downgrade reflects a recent contraction in operating margin and free cash flow generation, with limited expectation of a material… Continue reading Moody’s downgrades VW on sector headwinds, Chinese competition: Report
Endurance Technologies Accepts 57 Separations Under Voluntary Scheme at Maharashtra Plant
Endurance Technologies Limited has accepted the separation of 57 permanent workmen under its Voluntary Separation Scheme (VSS) at its plant in Waluj, Chhatrapati Sambhajinagar district, Maharashtra, according to a regulatory filing today. The company will make a payout of approximately Rs. 106.35 million to implement the scheme at its L-6/3 (LPDC) plant located in the… Continue reading Endurance Technologies Accepts 57 Separations Under Voluntary Scheme at Maharashtra Plant
Li-ion Battery Supplier Neuron Energy Targets 10x Growth in 5 years
Lithium-ion battery maker Neuron Energy is planning to diversify its business by expanding its energy storage system (ESS) business, even as the company targets to grow its revenue by nearly 10x over the next five years. Neuron Energy, which is likely to record revenue of Rs 130-150 crore this year, is known for its lithium-ion… Continue reading Li-ion Battery Supplier Neuron Energy Targets 10x Growth in 5 years