Volvo Car India has introduced the updated XC90, featuring design refinements and enhanced technology. Priced at ₹1,02,89,900 (ex-showroom), the latest iteration of the flagship SUV was unveiled at an event held at the Embassy of Sweden in New Delhi. Ambassador Thesleff highlighted the strong economic and technological ties between India and Sweden, stating that the… Continue reading Volvo Car India Launches Updated XC90 SUV, Priced at ₹1.02 Crore
Category: US Motoring Press
Schaeffler Plans Global Capability Centre to Strengthen Software, Digitalisation Capabilities
Schaeffler is actively evaluating the establishment of a Global Capability Centre (GCC) as part of its strategy to enhance software and digital capabilities. The move aligns with the company’s broader transformation towards electrification, digitalisation, and climate neutrality. The GCC is expected to complement Schaeffler’s existing mechatronics centre in Pune, which focuses on designing and developing… Continue reading Schaeffler Plans Global Capability Centre to Strengthen Software, Digitalisation Capabilities
Hyundai Motor CEO Muñoz Reaffirms Plans for EV Expansion in India to Support Global 2030 Target
Hyundai Motor India Limited (HMIL) held a town hall meeting at its headquarters in Gurugram on March 4, 2025, featuring José Muñoz, President and CEO of Hyundai Motor Company (HMC). During the session, Muñoz emphasized India’s role as a key automotive manufacturing and export hub for Hyundai’s global operations. He highlighted the company’s commitment to… Continue reading Hyundai Motor CEO Muñoz Reaffirms Plans for EV Expansion in India to Support Global 2030 Target
Saint-Gobain Sekurit India CFO Jeyendran Jayaseelan Resigns
Saint-Gobain Sekurit India Limited announced today that Jeyendran Jayaseelan, the company’s Chief Financial Officer (CFO), has tendered his resignation, effective March 25, 2025. In a disclosure to the BSE Limited, the company revealed that Jayaseelan is leaving to pursue career opportunities outside the organization. The official communication emphasized that there are no other material reasons… Continue reading Saint-Gobain Sekurit India CFO Jeyendran Jayaseelan Resigns
Ola Electric Receives Notice Over Missed Milestone in PLI ACC Scheme
Ola Electric Mobility Limited has disclosed receiving a critical letter from IFCI Limited regarding a missed milestone in the Production Linked Incentive (PLI) Advanced Chemistry Cell (ACC) scheme, potentially signaling challenges in the company’s strategic battery manufacturing plans. In a stock exchange filing today, the company revealed that its wholly-owned subsidiary, Ola Cell Technologies Private… Continue reading Ola Electric Receives Notice Over Missed Milestone in PLI ACC Scheme
India’s Automotive Industry Shaped by Three Key Trends in 2025
Climate convergence, globalisation fractures, and technology innovation are the three main trends that will define India’s automotive industry in 2025, according to the 10th edition of the Ipsos Global Trends Report released on Tuesday. The report, which focused on “Digital Indians” and “Early Automotive Adopters,” found that 45% of citizens are willing to make sustainable… Continue reading India’s Automotive Industry Shaped by Three Key Trends in 2025
Apollo Tyres and French Institute in India Recognize Women Entrepreneurs for Community Impact
Apollo Tyres, in collaboration with the French Institute in India (IFI), recognized the achievements of eight women entrepreneurs as part of Project Navya, an initiative by Apollo Tyres Foundation (ATF) aimed at empowering rural women. The event, held on March 4, 2025, was attended by Dr. Thierry Mathou, Ambassador of France to India, and Onkar… Continue reading Apollo Tyres and French Institute in India Recognize Women Entrepreneurs for Community Impact
Kia Reports 4.5% Year-on-Year Growth in February 2025 Global Sales
Kia Corporation has reported global sales of 253,850 units in February 2025, marking a 4.5 percent increase compared to the same period last year. The growth was supported by steady demand across international markets and key model performances, including the introduction of new models such as the K4 sedan and Syros SUV. SUVs continued… Continue reading Kia Reports 4.5% Year-on-Year Growth in February 2025 Global Sales
Indy Autonomous Challenge Sets New Autonomous Speed Record with Maserati MC20
The Indy Autonomous Challenge (IAC) and Politecnico di Milano have set a new autonomous driving speed record with a Maserati MC20 Coupe, reaching 198.2 mph (319 km/h) during the 1000 Miglia Experience Florida at the Kennedy Space Center. The event was conducted as part of MOST, Italy’s National Center for Sustainable Mobility, which focuses on… Continue reading Indy Autonomous Challenge Sets New Autonomous Speed Record with Maserati MC20
Tata Motors Begins Hydrogen Truck Trials in India
Tata Motors has launched trials of hydrogen-powered heavy-duty trucks in India, marking a step towards sustainable long-haul transportation. The trial was flagged off by Union Minister of Road Transport & Highways, Nitin Gadkari, in the presence of government officials and representatives from Tata Motors. The trial, funded by the Ministry of New and Renewable… Continue reading Tata Motors Begins Hydrogen Truck Trials in India