The National Green Tribunal (NGT) has sought a response from the Union Ministry of Road Transport and Highways (MoRTH), Bureau of Indian Standards (BIS) and others in a matter related to the use of cancer-causing chemicals in automobiles. The court was hearing a matter in which it had taken sua sponte notice (on its own … Read more
The 2024 Mercedes-Benz E-Class LWB receives significant design changes compared to its predecessor Mercedes-Benz Planning to launch the new V214 E-Class LWB The BMW 5 Series LWB will be launched in the Indian market on October 9. It is to be noted that the German carmaker had introduced the sedan market earlier this month and … Read more
Suzuki Swift: Suzuki will soon be introducing the fourth generation of the Swift in South Africa. While it shares many similarities with the Indian model, the main difference is that instead of an AMT gearbox, the South African Swift will be offered with a CVT option. Suzuki Swift: Trim The sporty hatchback will be available … Read more
Tata Motors, India’s largest commercial vehicle manufacturer, has announced its partnership with Jamshedpur FC, one of India’s leading football clubs, as the official automotive partner for the next three editions of the Indian Super League (ISL). Over the next few seasons, Jamshedpur FC will promote Tata Motors’ Intra range of vans, designed to perfectly suit … Read more
Tata Motors introduces the updated Punch Tata Motors has introduced a facelifted version of its popular B-segment SUV, the Punch. Priced starting at Rs 6.12 lakh (ex-showroom, Mumbai), the updated Punch offers a range of new features and a revised variant structure. The 2024 Punch now features a more comprehensive feature set, including a USB … Read more
Suprajit Engineering expects double-digit revenue growth in FY2024-25, driven by strong performance in its domestic market, which accounts for 50% of its business. The company has a positive outlook on the global business due to new contracts even though the automotive segment remains largely stagnant. The company is targeting profit margins of 12-13%, founder and … Read more
Tariffs on electric vehicles will hurt Germany and China, says Chinese commerce minister PorcelainThe US trade minister said the imposition of tariffs by the European Union on electric vehicles (Electric vehicle) “will seriously interfere” with trade and investment cooperation and harm both China and Germany. In talks with German Vice Chancellor and Economics Minister Robert … Read more
Brokerage firm CLSA has maintained its “underperform” rating on two- and three-wheeler maker Bajaj Auto Ltd. and expects the stock to fall to ₹7,000. CLSA’s target price implies a potential downside of over 40% from Bajaj Auto’s closing levels on Monday. Of the 45 analysts covering Bajaj Auto, 13 have a “sell” rating on the … Read more
Oil prices rise on hurricane impact ahead of US rate decision (image source: Canva) Oil prices Oil prices rose on Monday as the continued impact of Hurricane Francine on U.S. Gulf of Mexico production offset lingering concerns about Chinese demand ahead of the U.S. Federal Reserve’s decision to cut interest rates this week. Brent crude … Read more
Revolt Motors on Tuesday unveiled the Revolt RV1, which is billed as India’s first electric motorcycle designed specifically for the commuter segment. The RV1 is priced at ₹84,990, while the premium variant, RV1+, is available for ₹99,990. Bookings for the new bikes have already begun and can be made for ₹499, with the company promising … Read more
