Cashing in on the success of its home-grown mintruck, Ace, Tata Motors is teaming up with US auto major Chrysler to market its electric version (EV) in the US market, early 2009.
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Economic Times

Inspired by spiking gas prices and growing concern for the environment, US consumers are showing more interest in hybrid vehicles despite their higher price tag, according to a survey released Tuesday.

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Economic Times

Malaysia-based engineering and energy major Scomi Group, which is bidding for the Mumbai monorail project, plans to set up plants in India to manufacture buses and monorail coaches.

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Economic times

Tata Motors has decided to absorb a significant portion of the cost increase of its Nano vendors. As a result of severe pressure put by the vendors on Tata Motors, the company has agreed to foot the cost difference that has risen as a result of increased steel prices.
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Economic Times

Car manufacturer Ford India on Monday said the Indian auto industry would not be able to match the growth of past years in view of inflationary pressures.

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Economic Times

Luxury sports cars, gas-guzzling SUVs, even tanklike Hummers all jostle for space on Gulf highways, their owners buoyed by record oil prices that have forced some motorists to ditch cars for bicycles in the West.
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Economic Times

Japan's Mitsubishi Motors Corp will start selling cars in South Korea by the year-end, aiming to capture growing demand for imported vehicles, the Nikkei business daily reported on Tuesday....

Economic Times

The premium car segment is hotting up after Honda Siel Cars India (HSCI) marked down the price of its popular sedan Civic with the launch of a new variant.

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Economic Times

When you watch a James Bond movie, you can't help gawking at the smart Aston Martin that executes breathtaking manouevres at Bond’s command. What if you could own such a car that could dial a phone, play DVDs for your family and be an extension of your digital home—all at one voice command? And now all this is for real.
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Economic Times

It’s a transformative thing, the boot. Slap one on the back of a car and things change: a car goes from hatchback to sedan, transformed out of one segment and right into another. At a social level, adding a boot changes something else too; your status and this is especially true in our part of the world. So, in a country where two-wheelers seat four or more, it makes sense that the pinnacle of the consumer dream, the thing that says you made it,is the badi gaadi.
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Economic Times