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Rajiv Bajaj held the position of Deputy chairman at Pierer Mobility AG and he will resign at the next annual general meeting of the company on June 23, 2025.

As part of a broader realignment strategy, Austria-based Pierer Mobility AG announced significant changes to its Supervisory Board. The company confirmed that Chairman Stephan Zochling, Deputy Chairman Rajiv Bajaj, and board member Friedrich Roithner will step down from their roles at the conclusion of the upcoming Annual General Meeting scheduled for June 23, 2025. The resignations come in the wake of a successful restructuring process involving Bajaj Auto and KTM along with its affiliated companies where the Indian two-wheeler giant has committed to infuse 800 million euros to bail KTM out of its financial troubles. From the outside, it may seem a bit anti-climatic, for Bajaj to resign from the board, but industry analysts see this as more of a strategic reshuffle. 

at the same meeting, shareholders will vote on the appointment of three new candidates to the Supervisory Board. Nominated for election are Dinesh Thapar, Chief Financial Officer of Bajaj Auto Limited, and legal experts Ernst Chalupsky and Ewald Oberhammer. The move signals a refreshed strategic direction for the company, which is known for its global leadership in performance motorcycles and e-mobility solutions. These changes underscore PIERER Mobility’s commitment to evolving its governance structure in alignment with its long-term growth objectives and international partnerships, particularly with Bajaj Auto.

To revive the struggling KTM, Bajaj arranged a comprehensive 800 million Euros (approximately Rs. 7,200 crore) debt funding package. Of this, 200 million Euros have already been infused in tranches to maintain business continuity. The remaining 600 million Euros is now being deployed to fulfill creditor obligations and reboot operations. Out of this 450 million Euros will be a secured term loan by BAIH BV to KTM AG and the rest 150 million Euros will be issued as convertible bonds by PBAG and will be subscribed by BAIHBV, that will be loaned by Pierer Bajaj AG to Pierer Mobility AG and the funds will be eventually used to pay off the balance amount of creditors’ quota and restart costs.

The VinFast VF7 has now been spotted in India, ahead of its official launch. Here’s what you must know about the all-electric SUV.

VinFast, the Vietnamese automaker, is gearing up to introduce its lineup in the country. Recently, the VinFast VF7 has been spotted in India, and this suggests some of the major exterior highlights. First spotted at the Bharat Mobility Global Expo 2025, the VinFast VF7 is an all-electric SUV by the brand and is expected to go on sale by the festival season.

VinFast VF7: Exterior Highlights

The production-spec VinFast VF7 spotted in India is shaded with black paint and reveals some of the important exterior highlights. The soon-to-be-launched VF7 gets a unique LED DRL design that is “V” shaped at the middle section of the bonnet. The front fascia also holds a split LED headlamp setup, a 360-degree camera, and front parking sensors.

Though the production-spec iteration carries the same design as the one showcased at the BMGE’25, the spied images suggest that it now sits on a 19-inch alloy wheel, ditching the 20-inch wheel setup.

VinFast VF7: Interior Highlights

The exact interior highlights of the production-spec VinFast VF7 will be revealed as the launch gets sooner. However, as seen in the BGMI’25, it will get a 15-inch touchscreen infotainment unit, a heads-up display, a panoramic glass roof, a wireless phone charger, and more.

VinFast VF7: Battery And Powertrain

The VinFast VF7 iteration available in the international market gets a 75.3 kWh battery pack that is coupled with a single and a dual-motor setup, available as options. It has two variants, the VinFast VF7 Eco gets the single motor setup and boasts a peak power and torque output of 204 hp and 310 Nm, while the other variant, the VF7 Plus, has a dual motor configuration and gives out 354 hp and 500 Nm.

VinFast VF7: Launch And Price Expected

The VinFast VF7 is likely to be launched around the festival season in India, however, we still await the official launch from the brand. It is expected to be priced around the Rs 25-Rs 35 lakh price bracket.

Toyota reports 22% May sales growth, driven by MPVs, SUVs, and strong demand for hybrid models. Check details.

Toyota Kirloskar Motor announced that it has witnessed a sales growth of 22% in May 2025 over the same period last year. The company sold 30,864 units during the month, including 29,280 units in domestic sales and 1,584 units exported. In May 2024, Toyota sold 25,273 units.

The company also recorded 27% growth in the first two months of FY 2025-26, selling 58,188 units, compared to 45,767 units in FY 2024-25.

Speaking on the occasion, Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, said- “In May, we achieved a growth of 22%, a testament to the enduring trust and support of our valued customers, for which we are deeply grateful. With the onset of the monsoon and forecasts indicating a normal to above-normal season, we remain optimistic about improved market sentiment in the coming months, particularly across rural and semi-urban regions. This, backed by our vast product portfolio and innovative campaigns, we are well-positioned to maintain this growth trajectory.”

Adding further, he quoted- “In line with overall market trends, our MPV and SUV segments continue to be the primary growth drivers, reflecting a clear shift in customer preference towards dependable and versatile mobility options. During April-May FY 2025-26, combined sales of MPVs and SUVs recorded a robust 34% increase compared to the same period last year, underscoring the strong traction these segments enjoy. Reinforcing this momentum, we marked a significant milestone this month with the Toyota Fortuner and Legender crossing a cumulative 3 lakh units sold in India-further cementing their position as benchmarks in the premium SUV category.”

Meanwhile, Toyota also added a member to its MPV lineup with the launch of the Innova HyCross Exclusive Edition, featuring 19 upgrades that claim to deliver enhanced sophistication to its hybrid offering. Toyota also claims that the edition has been met with an enthusiastic response, underscoring strong customer appreciation and market traction.

The Mahindra BE Rall-E has now been snapped testing in India and suggests some major exterior updates. Read along to know more.

Mahindra is now working on the BE Rall-E, the rugged off-road version of the Mahindra BE 6. The production-spec test mule has been spotted testing in India and hinting at the major exterior highlights. First introduced in the Mahindra EV Fashion Festival in 2023 as a concept, the BE Rall-E has now been snapped testing, carrying forward the same design. Here’s what you must know about the upcoming Mahindra BE Rall-E.

Mahindra BE Rall-E: Powertrain Expected

The exact battery and powertrain details of the Mahindra BE Rall-E have not been officially confirmed yet. However, it is expected to retain the same battery pack options offered for the BE 6- a 59 kWh and a 79 kWh battery option. The Mahindra BE 6 gets a single-motor setup with an RWD configuration, while the Mahindra BE Rall-E is likely to get a dual-motor AWD setup to comply with the off-road capabilities.

Mahindra BE Rall-E: Exterior Expected

The Mahindra BE Rall-E production-ready version was spotted testing with heavy camouflage, however, it does reveal a lot about the exterior elements. The test mule suggests that it borrows the design elements from the Mahindra BE 6 and the Ball-E concept unveiled in 2023.

The Mahindra BE Rall-E’s front fascia consists of circular LED projector headlights, a bash plate, and the air scoop on the bonnet gives it a rugged appeal. It also gets a black roof rack, 17-inch wheels with square-shaped arches, and more.

Mahindra BE Rall-E: Interior Expected

While the snapped images do not show the interior highlights, the BE Rall-E is likely to carry forward most of the interior features and elements from the BE 6. It is expected to get a two-spoke steering wheel and other INGLO-specific interior elements.

Mahindra BE Rall-E: Launch Expected

Mahindra has not revealed the launch details of the BE Rall-E yet. However, the increased frequency of the test mules suggests that it is likely to be launched by the year end.

Range Rover SV Masara Edition is now in India, available at Rs 4.99 crore (ex-showroom) and has just 12 units on sale

Range Rover has now launched the SV Masara Edition in India at Rs 4.99 crore (ex-showroom) and has been limited to just 12 units. The British car maker claims that this exclusive and limited-edition masterpiece, crafted specifically for India, and the Range Rover SV Masara Edition is inspired by majestic Himalayan blue sapphires. Here’s what you must know about the Range Rover SV Masara Edition.

Range Rover SV Masara Edition: Engine And Powertrain

The Range Rover SV Masara Edition features a 4.4-liter V8 twin-turbo petrol engine, which works in conjunction with an 8-speed torque converter transmission, delivering power to all four wheels. It churns out a peak power and torque output of 615 hp and 750 Nm.

Range Rover SV Masara Edition: Exterior

While most of the exterior design elements have been borrowed from the regular Range Rover, however, the SV Masara Edition gets some exclusive exterior highlights like a satin Blue color scheme, complemented by bronze accents on the bumpers, grille, doors, and tailgate. Also, the brand lettering is present on the bonnet, and the tailgate gets bronze shades. The Range Rover SV Masara Edition gets refreshed 23-inch diamond-turned wheels with gloss black calipers and a silver & bronze finish.

Range Rover SV Masara Edition: Interior

On the inside, the Range Rover SV Masara Edition Flaunts a dual-tone blue & beige interior. The front seats get the blue shade, while the rear seats are highlighted with the beige theme. Apart from the interior cosmetic highlights, the SV Masara Edition gets features like a 13.1-inch touchscreen infotainment system, a 12.3-inch digital driver’s display, four-zone climate control, a Meridian sound system, panoramic sunroof, wireless phone charger, and a powered tailgate.

Range Rover SV Masara Edition safety suite includes multiple airbags, ESC, a 360-degree camera, and other ADAS features.

Range Rover SV Masara Edition: Price

The limited-edition Range Rover SV Masara Edition has been launched in India at a price tag of Rs 4.99 crore (ex-showroom).

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