watch now Tesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday. The total package is worth about $975 billion based on the maximum payout, assuming share count remains. The proposed plan for Musk, already the world’s wealthiest individual, consists of 12 tranches… Continue reading Tesla’s nearly $1 trillion new pay plan for Musk would expand his voting power
Category: US Motoring Press
BMW doubles down on software and brand value to take on Tesla, Chinese EV rivals
Oliver Zipse, Chairman of the Board of Management of BMW, presents the BMW iX3 on stage at the world premiere before the start of the International Motor Show (IAA Mobility) as the first model in BMW’s “New Class”. Picture Alliance | Picture Alliance | Getty Images German auto giant BMW is doubling down on its… Continue reading BMW doubles down on software and brand value to take on Tesla, Chinese EV rivals
GST Relief: Tata Motors Car Price Cuts will Range From ₹65,000 to ₹1.55 Lakh
Tata Motors has announced that it will pass on the full benefit of the recent GST reduction to its customers. The revised prices, effective September 22, 2025, will make Tata’s cars and SUVs significantly more affordable. According to the company, price cuts will range from ₹65,000 to ₹1.55 lakh, depending on the model. The biggest… Continue reading GST Relief: Tata Motors Car Price Cuts will Range From ₹65,000 to ₹1.55 Lakh
Tata Motors to Pass Full GST Benefit to Customers Starting September 22
Tata Motors announced it will pass the complete benefit of upcoming GST reductions on passenger vehicles directly to customers, effective September 22, 2025, when the revised tax rates take effect. The decision affects the company’s entire passenger vehicle lineup, with potential savings ranging from Rs 65,000 on the Curvv to Rs 1.55 lakh on the… Continue reading Tata Motors to Pass Full GST Benefit to Customers Starting September 22
Citroën Sets 2,000 Monthly Sales Target in India, Plans to Double Volumes in FY26
Stellantis has sharpened its ambitions for Citroën in India, setting an immediate milestone of crossing 2,000 units in monthly sales while targeting a doubling of volumes by the end of FY26. The French brand, which entered India just a few years ago, believes its growing product portfolio, expanding retail footprint, and localised marketing efforts have… Continue reading Citroën Sets 2,000 Monthly Sales Target in India, Plans to Double Volumes in FY26
Qualcomm and BMW Debut Joint Automated Driving System at IAA Mobility 2025
Qualcomm Technologies and BMW Group have unveiled their collaborative automated driving system, Snapdragon Ride Pilot, marking the culmination of a three-year joint development effort. The system made its debut in the all-new BMW iX3 at IAA Mobility 2025, representing the first production vehicle in BMW’s Neue Klasse lineup. The Snapdragon Ride Pilot system combines Qualcomm’s… Continue reading Qualcomm and BMW Debut Joint Automated Driving System at IAA Mobility 2025
Renault India Records Strong Onam Sales with 300+ Vehicle Deliveries
Renault India achieved significant sales momentum during Kerala’s Onam festival, completing deliveries of more than 300 vehicles across the state. The French automotive manufacturer’s performance was bolstered by strong demand for its recently launched All-New Triber model, which accounted for over 180 of the total deliveries. The company reported receiving an overwhelming market response for… Continue reading Renault India Records Strong Onam Sales with 300+ Vehicle Deliveries
India Must Build Its Own Ecosystem for Construction Equipment: Ammann India’s Sundaresan
The Indian construction equipment (CE) industry has been on a remarkable growth trajectory over the last few years barring an odd blip, but Anand Sundaresan, Director of Ammann India Pvt Ltd, believes the foundations are not yet strong enough to sustain the journey. He pointed out that while industry volumes are rising, systemic gaps remain.… Continue reading India Must Build Its Own Ecosystem for Construction Equipment: Ammann India’s Sundaresan
Citroën Launches Basalt X Range at Rs 7.95 Lakh; Fully Loaded MAX AT Priced at Rs 12.89 Lakh
Citroën India launched the Basalt X Range on September 5, 2025, featuring CARA, India’s first intelligent in-car assistant, as part of the company’s ‘Citroën 2.0 – Shift Into the New’ strategy. The fully loaded variant is priced at INR 12.89 lakh, while the Basalt range starts at INR 7.95 lakh. CARA represents India’s first multilingual,… Continue reading Citroën Launches Basalt X Range at Rs 7.95 Lakh; Fully Loaded MAX AT Priced at Rs 12.89 Lakh
BMW Launches First Neue Klasse Model: The iX3 Electric Sports Activity Vehicle
BMW has unveiled the new iX3, the first series-production model from its Neue Klasse lineup, featuring sixth-generation eDrive technology that delivers up to 805 kilometers of range and 400kW peak charging capability. The fully electric Sports Activity Vehicle marks the beginning of a new technological era for the German automaker, with production starting in November… Continue reading BMW Launches First Neue Klasse Model: The iX3 Electric Sports Activity Vehicle