No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts

Automakers — who generally revise prices in January and are currently dealing with higher imported-component costs due to the rupees depreciation — may push back those adjustments unless they receive clarity soon. Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward… Continue reading No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts

Top 10 MPVs in April-Oct: Maruti Ertiga Tops but Toyota Innova Hycross and Kia Carens Shine

Despite the raft of popular SUVs which are the growth drivers of the utility vehicle market, a clutch of multi-purpose vehicles led by the Maruti Ertiga, Toyota Innova and the Kia Carens continue to draw buyers with their high level of practicality and ability to transport seven people and their luggage in comfort. In fact, each… Continue reading Top 10 MPVs in April-Oct: Maruti Ertiga Tops but Toyota Innova Hycross and Kia Carens Shine

HD Hyundai Wins 1.46 billion USD Order for Eight Ultra-Large Container Ships

Recorded the highest number of container ship orders in 18 years since the shipbuilding supercycle in 2007 Signed large-scale supply contract with HMM: HD Hyundai Heavy Industries and HD Hyundai Samho to deliver consecutively through 2029 “Based on our technological competitiveness in eco-friendly and high-efficiency vessels, we will lead the decarbonization of the shipbuilding and shipping… Continue reading HD Hyundai Wins 1.46 billion USD Order for Eight Ultra-Large Container Ships

The fastest trains in the world

Following low-speed testing, it was transferred to the High-Speed Ground Test Center, which was designed by the Department of Transport to test hovertrain concepts. 9. LIMRV – 256mph Calculations showed the LIMRV needed just over 10 miles of track to hit its maximum speed, however, the DoT could only afford to fund a 6.2-mile section… Continue reading The fastest trains in the world

Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits

These components form the backbone of EV powertrains and electronics. India’s electric car market continues to rely heavily on Chinese imports, with the vast majority of models failing to meet the domestic value-addition thresholds mandated under the government’s Production-Linked Incentive (PLI) scheme. According to a Times of India report, only six out of 46 electric… Continue reading India’s EV market still dependent on Chinese imports; only 13% models qualify for PLI benefits

Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Over 95% of noteholders have agreed to participate, demonstrating confidence in the Company’s strategy SANTIAGO, Chile, Nov. 22, 2025 /PRNewswire/ — Automotores Gildemeister SpA (“Gildemeister”) today announced the launch of exchange offers for its Junior Notes maturing in 2027 and Subordinated Notes maturing in 2035 (collectively, “the Existing Notes”) for new Senior Notes maturing in… Continue reading Automotores Gildemeister Launches Exchange Offers and Consent Solicitations to Enhance Financial Flexibility and Support Growth Initiatives

Hyundai IONIQ 9 Named “EV of the Year” by the Hispanic Motor Press

The award was presented by the Hispanic Motor Press at the 2025 Los Angeles Auto Show’s AutoMobility LA media days, where the top vehicles were chosen by a distinguished jury panel of Hispanic automotive journalists, content creators, and industry experts. Hyundai’s IONIQ 9 stood out among finalists for its three-row versatility, innovative EV technology, advanced… Continue reading Hyundai IONIQ 9 Named “EV of the Year” by the Hispanic Motor Press

Genesis G90 Wingback previews wild M5 Touring rival

The new Genesis G90 Wingback previews an estate version of the Korean luxury brand’s flagship saloon in high-performance Magma form that’s set to serve as a future BMW M5 Touring rival. A surprise unveiling during the launch event for the marque’s new hot Magma sub-brand, the large executive estate is intended to show how Genesis… Continue reading Genesis G90 Wingback previews wild M5 Touring rival