Two-wheeler major, Bajaj Auto, has not reached any conclusion on partnering with Renault for manufacturing of light trucks, a top company official said.
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Economic Times

Rahul Bajaj, chairman of Bajaj Auto and Rajya Sabha MP, has criticised the government for the higher interest rate scenario faced by consumer durables like two-wheelers and has dubbed it as a "wrong policy" which is "hurting growth".
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Times of India

Europe’s largest car maker, Volkswagen, plans to roll out its low-priced car Up! at Rs 3 lakh in India by 2010-11. It will be the cheapest car from the Volkswagen stable, which is better known for luxury cars like Audi and Phaeton.
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Economic Times

Joining the list of nations that are keen to have the Nano ply on their roads, Cuba today said the world's cheapest car from the house of Tatas has huge potential in the Caribbean nation....

Economic Times

As global auto majors go for more intelligent cars that can even adjust comfort levels according the mood of the driver and co-passengers separately, the benefits are being reaped back in India by Tata Elxsi, which has the automobile sector as a key vertical in its product design services domain.
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Economic Times

Tata Motors may zero in on Ranjangaon near Pune as the new production hub for its Rs 1-lakh car Nano, which is set to hit the roads this October....

Economic Times

Mahindra & Mahindra plans to acquire 76 per cent in two-wheeler maker Kinetic Motor Co for Rs 1.2 billion ($28 million), the media reported on Thursday, citing sources.
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Economic Times

Aiming to grow its castings business, Mahindra and Mahindra (M&M) is learnt to be close to buying out partner Hitachi Metals’ stake in Mahindra Hinoday, a manufacturer of components for automotive, electronics, telecom and other sectors.
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Economic Times

Finance ministry is considering to exempt special economic zones from payment of export duty on steel after the issue has been raised by the commerce ministry and developers, including Reliance and Essar....

Economic Times

Road tests conducted on latest models of hybrid cars have dismissed the environmental claims made by their manufacturers as a marketing gimmick....

Economic Times