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The United States President Donald Trump and his former billionaire entrepreneur ally, Elon Musk, are currently not on good terms following an intense public feud that erupted this week. In the middle of the ongoing heated exchange of words on social media platforms, the US President is considering selling the Tesla Model S that he … Read more
Gurugram-headquartered automotive parts supplier Lumax Auto Technologies expects 20–25% revenue growth in the fiscal year 2025-26 (FY26), supported by a strong order book, increased wallet share, and benefits from recent acquisitions. The company is aiming for an 80–100 basis points (bps) EBITDA margin expansion and has set a long-term goal of 20% EBITDA margins by … Read more
Overdrive takes a closer look at Tata Motors’ latest electric offering — the Harrier EV — launched in India at an introductory ex-showroom price of ₹21.49 lakh. Along with a detailed walkaround of the SUV, Overdrive’s Rohit Paradkar delves into insights from Tata EV leadership on the platform, supply chain, and broader electric strategy. Also … Read more
Homegrown commercial vehicle manufacturer Tata Motors, on Friday, announced the launch of factory-fitted air-conditioned cabins and cowls across its full truck range, covering SFC, LPT, Ultra, Signa, and Prima models. This is the first time cowl models include air conditioning. The air-conditioning system offers Eco and Heavy modes for efficient cooling. The company has also … Read more
India’s auto industry is staring at a fresh wave of disruption, with growth projections for 2025 now under threat due to China’s export curbs on rare earth magnets. According to Puneet Gupta, Director of India & ASEAN Auto Market at S&P Global Mobility, any production halts triggered by the restrictions could push the industry toward … Read more
A renewed EV price war launched by BYD Co. has shaved $20 billion off its market value in just two weeks, as skepticism over the top Chinese automaker’s strategy takes some steam out of its big rally. Concerns are growing over BYD’s ability to meet its sales target of 5.5 million vehicles this year, with … Read more
Suzuki Motor’s suspension of production of its flagship Swift subcompact is due to China’s rare earth restrictions, two people familiar with the matter said, becoming the first Japanese automaker to be affected by the export curbs. The small car maker halted production of the Swift, excluding the Swift Sport version, from May 26, citing a … Read more
Classic Legends, backed by Mahindra & Mahindra, is accelerating its push in the classic and adventure motorcycle segments with a comprehensive ₹1,000 crore investment plan. So far, ₹350 crore has been dedicated to product development, while the remaining budget will be focused on expanding global distribution, marketing, and introducing new models, revealed co-founder Anupam Thareja … Read more
India must invest in research and innovation to find alternatives to rare earth magnets, as the current global supply crisis triggered by China’s export restrictions is unlikely to ease soon. That’s the view of Jayant Dasgupta, Former Indian Ambassador to the WTO, and Hormazd Sorabjee, Editor of Autocar India, who told CNBC-TV18 that the situation … Read more
Tesla has taken a concrete step toward its long-anticipated India entry, leasing a premium commercial space in Mumbai for what is expected to be one of its first warehousing facilities in the country. According to documents reviewed by CRE Matrix, a real estate data analytics firm, Tesla India Motor & Energy Pvt Ltd signed a … Read more