Japanese carmaker Nissan is shifting the production of its next generation compact car — Micra — to five leading competitive countries (LCC), including India and Thailand, from 2010. The production of the Nissan Micra will move from the British Sunderland factory to make room for a new small soft roader model.

...

Economic Times

Car sales dampened in May as hike in their prices, rising interest rates and the anticipated petrol and diesel price increase curbed demand....

Economic Times

In a complete reversal of international trends, new cars in India are spewing more greenhouse gases than older models, pushing up emissions in Delhi alone by 72% in five years (2002-07), the Centre for Science and Environment said on Monday, releasing its analysis of emission data accessed from the Automotive Research Association of India.
...

Economic Times

Batteries maker Amara Raja Batteries expects a 35 per cent year on year growth in FY09 revenue driven by its recently launched two wheeler batteries business and volume growth in its auto batteries, a senior official said....

Economic Times

South Korea's top automaker, Hyundai Motor Co, hopes to launch its small car in India by 2011 or 2012, the managing director of its India unit said on Friday.

...

Economic Times

The country’s largest tyre cord manufacturer, SRF, is acquiring Thai Baroda Industries (TBIL), a Thailand-based tyre cord company, for approximately Rs 100 crore. The loss-making TBIL has annual sales of around $50 million or Rs 200 crore. Post-acquisition, SRF will become the third-largest tyre cord fabric manufacturer in Asia and the fifth-largest in the world.

...

Economic Times

Country's second largest car manufacturer Hyundai Motor will launch a new model of its hatchback 'i10', powered by a 1.2 litre all aluminium engine, within the next two months.
...

Economic Times

German luxury car maker, the BMW Group, is looking at the Indian market for high-level sourcing of automotive components, engineering services and IT software to develop its future technologies. It has set up an international purchase office (IPO) in Delhi to identify potential suppliers for its global operations.
...

Economic Times

After a splendid run for most of last fiscal and in April, passenger car sales are decelerating as consumers apprehend a hike in petrol and diesel prices. With crude oil price hitting a record $133 per barrel and a fuel price hike looking imminent, Indian customers are postponing their car purchases. The biggest hit is the price-sensitive small-car segment, which accounts for 75% of the total sales.
...

Economic Times

In a country where cars are using up more road space everyday than is being added, there isn't a better business to park your money than, well, parking.
...

Economic Times