Layoffs threaten public services while big tech gets a free pass. SAN FRANCISCO, May 30, 2025 /PRNewswire/ — City unions are denouncing Mayor Lurie’s budget proposal, which includes massive layoffs of city workers. City unions—including IFPTE Local 21, SEIU Local 1021, and the SF Building Trades—issued the following joint statement condemning the cuts and demanding… Continue reading City Unions Slam Mayor Lurie’s Budget: “This is the budget Airbnb wants.”
Tag: Honda
Group 1 Automotive Announces Maturity Extension and Upsize of Revolving Credit Facility to $3.5 Billion
HOUSTON, May 30, 2025 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 263 dealerships located in the U.S. and U.K., today announced a $1.0 billion upsize in its revolving syndicated credit facility to $3.5 billion and the extension of the maturity to May 30, 2030. … Continue reading Group 1 Automotive Announces Maturity Extension and Upsize of Revolving Credit Facility to $3.5 Billion
Honda Launches 50th Anniversary Edition of Gold Wing Tour in India at ₹39.90 Lakh
Honda Motorcycle & Scooter India (HMSI) has introduced the 50th Anniversary Edition of its Gold Wing Tour motorcycle in India. Priced at ₹39.90 lakh (ex-showroom, Gurugram), the special edition model commemorates 50 years since the original Gold Wing was launched globally in 1975. Bookings are now open, and the motorcycle will be sold exclusively through… Continue reading Honda Launches 50th Anniversary Edition of Gold Wing Tour in India at ₹39.90 Lakh
Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
Lumax Auto Technologies Limited reported consolidated revenue of ₹3,637 crores for FY25, marking a 29% increase from the previous year’s ₹2,822 crores, while profit after tax rose 37% to ₹229 crores. The automotive component manufacturer announced these audited financial results on May 29, 2025, demonstrating strong performance across operational metrics and strategic expansion initiatives. The… Continue reading Lumax Auto Technologies Reports 29% Revenue Growth, Crosses ₹3,600 Crore Mark in FY25
The 2025 Honda Prologue EV just got $16,500 cheaper to buy or lease
Thinking about driving a 2025 Honda Prologue EV? You’re in luck – CarsDirect says you could score up to $16,500 off, plus 0.99% financing. Honda just sweetened the deal on its 2025 Prologue electric SUV, and it might be the best lease yet. As of May 23, the 2025 Honda Prologue EV has an extra… Continue reading The 2025 Honda Prologue EV just got $16,500 cheaper to buy or lease
Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated gross revenue of $108 billion by FY30. Its last five-year plan was announced in 2020, with a targeted net sales of $36 billion by FY25 at a constant dollar exchange rate of… Continue reading Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated gross revenue of $108 billion by FY30. Its last five-year plan was announced in 2020, with a targeted net sales of $36 billion by FY25 at a constant dollar exchange rate of… Continue reading Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Honda Motorcycle & Scooter India Launches Unified Website Platform
Honda Motorcycle & Scooter India (HMSI) launched its redesigned website on May 29, 2025, combining three previously separate digital platforms into a single unified experience at www.honda2wheelersindia.com. The new platform integrates Honda2wheelersindia.com, HondaBigwing.in, and HondaRacingIndia.com under one digital roof. The website redesign addresses the company’s mobile-first user base, with over 80 percent of visitors accessing… Continue reading Honda Motorcycle & Scooter India Launches Unified Website Platform
Ford Focus ST off sale as order book full until end of production
The business case for such cars has been sullied by the shift to more profitable (and ultimately less dynamic) SUVs, as well as tightening fleet emissions regulations that have pushed manufacturers towards EVs and low-emission hybrids. Hyundai pulled its i30 N and smaller i20 N from Europe last year, the Peugeot 308 GTi didn’t survive more than… Continue reading Ford Focus ST off sale as order book full until end of production