The luxury car market is heading for a German finish. The two luxury marques—Mercedes-Benz and BMW—are racing against each other to get the coveted top slot in the segment.
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Economic Times

Lexus once again stands alone atop a closely watched list of vehicle dependability after Buick slipped from the No. 1 spot it shared with the Japanese luxury brand last year, J D Power and Associates said Thursday.

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Economic Times

The Nano factory site at Singur has an insurance cover from New India Assurance (NIA). And despite delays taking a big toll on the Nano project, the Tatas, surprisingly enough, till date have never lodged a claim.
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Economic Times

Even as the Singur impasse continues, Tata Motors is revving up to make Nano available pan-India by the last quarter of this calendar year. It has asked existing dealers to set up compact showrooms, called F1, which will stock Nano. These F1 outlets will be located in city suburbs and in rural areas to help prospective buyers across the Indian heartland to home in on Nano.
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Economic Times

Bajaj Auto has expressed disinterest in partnering the Nissan-Renault alliance in the mainstream car business. Bajaj Auto MD Rajiv Bajaj told ET that it was not an area he felt his company had any expertise in, hence the decision. So, the Bajaj-Renault-Nissan partnership will be limited to the ultra low-cost car project.
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Economic Times

Global auto major Toyota Motor Corp plans to introduce its hybrid sedan Prius in India as an answer to soaring fuel prices and growing concerns over emissions, a top official at its Indian joint venture said.

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Times of India

Firebrand Trinamool Congress leader Mamata Banerjee on Tuesday said she doesn't want Tatas to abandon their 'Nano' car plant in Singur, but was firm that they surrender a portion of the land acquired for the facility...

Economic Times

Italian auto major Piaggio, whose fully-owned Indian subsidiary Piaggio Vehicles (PVPL) is the market leader in the three-wheeler segment, plans to make its upcoming engine shop at the existing Baramati plant, the global hub for sourcing powertrains.

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Economic Times

Citigroup is bankrolling Amtek Auto in its e250 million (Rs 1,700 crore) bid for the Frankfurt-based KSM Castings. The bids will open on Tuesday and the potential winner will be announced immediately. Other names in the fray are private equity firms and Amtek is understood to be the frontrunner. However, Amtek Auto’s top executives refused to comment.
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Economic Times

Tata Motors joins the league of international automobile companies which are developing vehicles based on alternative, environment-friendly technologies....

Economic Times