SML Isuzu Limited has announced key leadership changes following the resignation of its Managing Director and CEO, Junya Yamanishi. The company’s Board of Directors approved the transition in a meeting held on March 21, 2025. Yamanishi, who has served as Managing Director & CEO, will step down effective April 16, 2025, citing a change… Continue reading SML Isuzu Appoints Yasushi Nishikawa as New Managing Director & CEO
Category: US Motoring Press
Govt Will Not Expand PLI Scheme Beyond 14 Pilot Sectors: Report
The Indian government will not expand the PLI Scheme beyond the 14 pilot sectors, two of the four government officials have informed Reuters. They also added that the production deadlines will not be extended, despite requests from several participating firms. Roughly 750 firms, including Foxconnv and Reliance Industries had signed up for the Production Linked Incentive… Continue reading Govt Will Not Expand PLI Scheme Beyond 14 Pilot Sectors: Report
Renault Unveils Redesigned Espace with Hybrid Powertrain and Tech Upgrades
Renault revealed the New Espace, featuring extensive styling updates, enhanced technology, and the brand’s efficient full hybrid powertrain. The vehicle maintains its spacious interior while offering new features focused on comfort and sustainability, Renault said. The New Espace has received significant exterior changes with more than one-third of its body components replaced, including the entire… Continue reading Renault Unveils Redesigned Espace with Hybrid Powertrain and Tech Upgrades
Ola Electric Alleges ‘Orchestrated Smear Campaign’ Against the Company
Ola Electric has accused certain media outlets and vested interests of orchestrating a smear campaign against the company and denied that the company was embroiled in any legal or regulatory proceedings related to the difference between its reported February sales and the number of registrations on the Vahan portal. It, however, acknowledged that the central… Continue reading Ola Electric Alleges ‘Orchestrated Smear Campaign’ Against the Company
Kinetic Green Appoints Sudhanshu Agrawal to Lead Global Expansion
Kinetic Green Energy and Power Solutions Limited has appointed Sudhanshu Agrawal as President of Mobility and International Business, the company announced today. Agrawal will oversee the company’s expansion into global markets and development of last-mile mobility solutions. Agrawal brings over two decades of automotive industry experience to Kinetic Green. He previously served as Chief Business… Continue reading Kinetic Green Appoints Sudhanshu Agrawal to Lead Global Expansion
Toyota Plans First R&D Centre in Bengaluru by 2027: Report
Toyota Motor Corporation is establishing its first R&D centre in India via its local unit, sources in the know informed Bloomberg. This India research centre will be Toyota’s third R&D location in APAC, outside Japan, following similar investments in Thailand and China, the newswire noted. While it will cater to the Indian market in the initially,… Continue reading Toyota Plans First R&D Centre in Bengaluru by 2027: Report
Montra Electric Partners with Steam-A to Expand EV Charging Network
Montra Electric announced a partnership with Steam-A on Friday to integrate the Iris EV Charging Management Suite into its Powerdock charging network. The collaboration focuses on strengthening charging infrastructure to support Montra’s expanding electric small commercial vehicle (SCV) operations. The integration will implement Steam-A’s AI-driven predictive maintenance system and real-time operational monitoring across Montra’s charging… Continue reading Montra Electric Partners with Steam-A to Expand EV Charging Network
ZF Blames ‘Enormous Pressure’ on Auto Industry on Back of 1 Billion Euro Loss: Report
ZF reported a 1 billion euro loss the previous year, as it earmarked hundreds of millions of euros for a restructuring to address what it called the “enormous pressure” facing its industry, Reuters reported. Europe’s auto sector is facing increasing trade tensions, weak demand, cheap competition from China and a high cost of shifting to… Continue reading ZF Blames ‘Enormous Pressure’ on Auto Industry on Back of 1 Billion Euro Loss: Report
ZF Blames ‘Enormous Pressure’ on Auto Industry on Back of 1 Billion Euro Loss: Report
ZF reported a 1 billion euro loss the previous year, as it earmarked hundreds of millions of euros for a restructuring to address what it called the “enormous pressure” facing its industry, Reuters reported. Europe’s auto sector is facing increasing trade tensions, weak demand, cheap competition from China and a high cost of shifting to… Continue reading ZF Blames ‘Enormous Pressure’ on Auto Industry on Back of 1 Billion Euro Loss: Report
Cricket Icon Yuvraj Singh Signs up as Brand Ambassador for New Holland
New Holland, a global manufacturer of tractors and farm equipment, has appointed former cricket player Yuvraj Singh as its brand ambassador. The partnership will focus on the company’s ‘Asli Hero ki Asli Taaqat’ campaign, which recognizes Indian farmers. The campaign aims to highlight farmers’ contributions to the nation’s food security and economic development. Singh, known… Continue reading Cricket Icon Yuvraj Singh Signs up as Brand Ambassador for New Holland