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Toyota Motor Corp’s Tahara Plant Goes Carbon Neutral
May 01, 2026
At the Tahara Plant, carbon neutrality involves reducing greenhouse gas emissions from vehicle production as much as possible. Unavoidable emissions are balanced through removal activities, such as forest management. The scope of this achievement covers a
MT Bureau
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Redseer Report Projects India’s Used-Car Market To Double To $70 Billion By FY31
April 30, 2026
Redseer Strategy Consultants has released a new report stating that India is on track to become one of the world’s most attractive used-car markets. The analysis focuses on retail transactions of passenger vehicles. Market value is projected to double f
MT Bureau
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Ashok Leyland Opens Seventh LCV Dealership In Odisha With New Rourkela Facility
April 30, 2026
Ashok Leyland, the Indian flagship of the Hinduja Group and the nation’s leading commercial vehicle manufacturer, has expanded its presence in Odisha with a new light commercial vehicle dealership in Rourkela. This facility represents the company’s se
MT Bureau
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Ferrari Unveils Handling Speciale Option For Four-Door, Four-Seater Purosangue Model
April 30, 2026
Ferrari has introduced the Handling Speciale, a new optional configuration for the Purosangue model, aimed at further sharpening the sporting character of the marque’s first four-door, four-seat vehicle. This setup enhances mechanical and electronic res
MT Bureau
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EVs Contribute 39% Revenue Share For Sona Comstar In FY2026
April 30, 2026
For Q4 FY2026, the revenue grew by 47 percent YoY to reach INR 12.72 billion, EBITDA at INR 3.11 billion, up 32 percent YoY, PAT at INR 1.92 billion, an uptick of 17 percent YoY. Interestingly, revenue from battery electric vehicles program reached INR 3.
MT Bureau
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Hero MotoCorp Enters Ecuador With Quilmotors Partnership
April 30, 2026
The company is opening a facility in Guayaquil on Avenida de las Américas to display its portfolio. The site includes a parts inventory and service workshops with future expansion plans include establishing a presence in Quito, Manta and the Manabi provi
MT Bureau
