Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025. Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro ($26… Continue reading Stellantis announces $26 billion hit from business overhaul; shares plunge
Category: US Motoring Press
Toyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years
Outgoing Toyota CEO Koji Sato (L) and incoming CEO Kenta Kon (R) pose during a photo session after a press conference in Tokyo, Japan on February 06, 2026. Tomohiro Ohsumi | Getty Images News | Getty Images Toyota Motor announced Friday that Chief Executive Officer Koji Sato will step down and be replaced by its… Continue reading Toyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years
Tesla maintains competitive showing in China-made EV sales despite industry headwinds
Tesla remained a strong contender in Beijing’s competitive electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to data published by the China Passenger Car Association on Wednesday, January deliveries from Tesla’s Shanghai Gigafactory rose by 9% to 69,129 units, from… Continue reading Tesla maintains competitive showing in China-made EV sales despite industry headwinds
Smart #5
Whichever #5 you pick, you won’t be short of performance. We have previously tested the entry-level Pro and the Brabus. The former still delivers 335bhp to the rear axle for 0-62mph in a more than satisfactory 6.9sec. The latter’s nausea-inducing, Lamborghini Urus-baiting 637bhp is little more than a gimmick you will try once, before realising… Continue reading Smart #5
“It was a hairy drive!” – Living with a BAC Mono in winter
When he bought his BAC Mono in sunny Dubai four years ago, did Jason Goddard ever imagine that one day, back home living in England after 14 years working in the Middle East, he’d be driving it in the middle of winter on lifeless carbon brakes up the M6 to BAC’s Liverpool factory for its… Continue reading “It was a hairy drive!” – Living with a BAC Mono in winter
JK Tyre Reports 3.7-Fold Surge in Q3 Profit Amid Strong Demand and Margin Expansion
JK Tyre & Industries Limited reported a sharp 3.7-fold increase in net profit for the third quarter ended December 31, 2025, reaching Rs 209 crore compared to Rs 57 crore in the corresponding period last year, reflecting strong operational performance across business segments. The company’s consolidated total revenues stood at Rs 4,235 crore for the… Continue reading JK Tyre Reports 3.7-Fold Surge in Q3 Profit Amid Strong Demand and Margin Expansion
Olectra Greentech Appoints Suhas Athma as VP-Human Resources
Olectra Greentech Limited announced the appointment of Suhas Athma as Vice President-Human Resources, designated as Senior Management Personnel, effective February 6, 2026. Athma brings over two decades of expertise in strategic HR management, performance management systems, employee and industrial relations, and change management. His professional experience spans diverse industries including pharmaceuticals, auto ancillary, telecommunications, and… Continue reading Olectra Greentech Appoints Suhas Athma as VP-Human Resources
FASTag Annual Pass Surpasses 50 Lakh Users in Six Months
The FASTag Annual Pass has exceeded 50 lakh users within six months of its introduction, according to data released by the National Highways Authority of India. The program, launched on August 15, 2025, has processed more than 26.55 crore transactions. The Annual Pass accounts for approximately 28 percent of total car transactions recorded on the… Continue reading FASTag Annual Pass Surpasses 50 Lakh Users in Six Months
boAt Launches HIVE Dashcam Series from Rs. 2,499
boAt has expanded into the dashcam category with the launch of its HIVE series, comprising three models designed for the Indian automotive market. The company, recognized as India’s leading audio and wearables brand, introduces the Hive Dashcam E1, M1, and F1. Gaurav Nayyar, CEO of boAt, stated that the dashcam launch represents an extension of… Continue reading boAt Launches HIVE Dashcam Series from Rs. 2,499
Sonalika Tractors Introduces GOLD Series on 30th Anniversary
Sonalika Tractors has unveiled its new GOLD Series, marking three decades of agricultural innovation in India. The launch introduces two flagship models designed to address contemporary farming requirements. The series comprises the GOLD DI 745 III and GOLD DI 55 III tractors, incorporating enhanced engine capacity and transmission systems. The GOLD DI 745 III features… Continue reading Sonalika Tractors Introduces GOLD Series on 30th Anniversary