Carlos Ghosn, the iconic CEO of Nissan Motors and Renault, is on a whistle-stop visit to India on Monday to finalise a joint venture and small-car blue-print with India's second-largest two-wheeler maker Bajaj Auto. Renault, Nissan and M&M also have a three-way equity tie-up to make passenger vehicles in Chennai, for which the facility is yet to be built.
PCB chief executive Shafqat Naghmi said the South Africans did not want to play in Karachi following last week's bomb attacks on former Prime Minister Benazir Bhutto's convoy that killed 139 people.
The South African cricket team on Wednesday refused to play their fifth and final one-dayer in blast-hit Karachi, forcing the Pakistani authorities to shift the match to Lahore.
The South Africans said they are satisfied with the assurances given to them by the PCB and their security officials, but will monitor the situation on a daily basis.
Carmaker Skoda India has decided to price Fabia, the hatchback it plans to launch at the Auto Expo in January, in the range of Rs 5-6 lakh.
The company looks to sell the vehicle to Indian and sraeli Army.
Renault and M&M had planned to bring the seven-seater MPV through their JV under which the French company's mid-sized sedan 'Logan' is manufactured and sold in India. The MPV was displayed at the Auto Expo held earlier this year.
India's date with Formula One racing is delayed by another year, to 2011, Indian Olympic Association president Suresh Kalmadi said on Thursday but refused to give any reason for it. 'Formula One will be held in India in 2011. Bernie (Ecclestone, Formula One supremo) and GP Group are working on this plan,' he told reporters on the sidelines of a function.
Indian swimming sensation Virdhawal Khade set a new Commonwealth Youth Games record in the 50m freestyle en route to the gold on Friday. Apart from Khade's gold, India also earned a bronze, courtesy Aaron D'Souza in the 200m butterfly.
French automotive giant Renault and India's second largest two-wheeler maker Bajaj Auto has confirmed that they are holding talks for assessing 'very competitive vehicles' for the Indian market.
Finally, an international carmaker serious about Indian design.
Mahindra Renault on Thursday announced the launch of two new variants of its Logan models, one each in petrol and diesel.
The country's fruits and vegetables retail segment has caught up the fancy of international companies even as domestic companies such as Bharti and the Tatas tie up with global firms for supply of farm produce.
A significant portion of the growth in June was propelled by new car launches, including Maruti's SX4, M&M's Logan and GM's Chevrolet Spark.
The effective nationalization of Freddie Mac and Fannie Mae gives big Asian investors the guarantee they're looking for
Tata Motors is likely to launch the world's cheapest car as early as January 2008, turning a whole new chapter in the retailing of low cost vehicles.
Planning to buy a new car? Confused as to what type suits you and which model to buy? This is a ready reckoner for models available in India.
New car launches in the past six months have driven sales growth despite a hike in vehicle financing. In April, new launches accounted for 17 per cent of over all sales.
The new cars which have been launched in the last six months include the Zen Estilo from Maruti, Hyundai Getz diesel, Spark from General Motors, Logan from Mahindra Nissan and Fiat Palio Stile.
A Mahindra in every household wouldn't be realised without two-wheelers.
If you want to be serious in India, you must not cross $3,000 in product cost.
With prices of oil forecast to touch $200 per barrel this year, auto makers in the country have launched a slew of options that are not just fuel efficient but also easy to maintain. Battling the rising fuel bill is premium car maker Honda Siel, who will launch the country's first hybrid car - the Civic hybrid shortly.
Mahindra & Mahindra is developing a small engine for a smaller version of its UVs and replicate the Tatas dream of a small car, a company official said.
It is learnt that the state government is likely to sign a memorandum of understanding with the partnering companies this Monday.
There's nothing offensively bad about the film -- save for the fact that a truly awesome hero has been straddled with a truly boring film.
Amongst cars sold in the mid-size category (domestic sales) between April 2007 and March 2008, diesel variants outsold petrol car models roughly in the ratio of 7:3. That means over 70 per cent of the over 1,79,493 mid-size cars sold in the domestic markets were diesel models. Diesel mid-size cars on an average are priced 15.5 per cent more than the petrol variant. Overall, the mid-size category, petrol and diesel models included, grew by 14.6 per cent.
Decision comes weeks after the company pulls out of a joint venture with Renault and Nissan for a facility there. Commercial production at Chakan is expected to start in two years, about the same time Renault and Nissan will launch production at the Chennai unit. Pawan Goenka, president (automotive sector), M&M, told Business Standard that the company is committed to invest in the south, where a new plant will be set up near Chennai.
The launches will include new cars from General Motors, Tata Motors, Hyundai, Maruti, Volkswagen, Skoda, Mahindra-Renault, Honda, DaimlerChrysler and BMW.
Mahindra and Mahindra will invest Rs 500 crore to set up a new manufacturing unit at its Nashik facility to produce multi-utility vehicle Ingenio.
Renault waited 14 years after India's automotive sector was opened up to foreign investment to enter the country, about a decade behind General Motors, Ford and Daewoo. However, once in, Ghosn has moved quickly to sew up six ventures in India in a mere 33 months.
Mahindra and Mahindra is looking to set up a manufacturing facility in Tamil Nadu for manufacturing proposed multi-utility vehicle Ingenio.
General Motors India reported on Monday a 64 per cent increase in its domestic vehicle sales during September at 5,751 units against 3,506 units in the same month last year. Mahindra and Mahindra reported on Monday a 24.9 per cent increase.
Ashok Maneria will lead India in next month's ICC Under-19 World Cup in New Zealand. Defending champions India are aiming to win the tournament for the third time, having previously won it in Sri Lanka in 2000 and in Malaysia last year.
Malaysia beat South Africa to score their second victory in the men's hockey tournament at the Commonwealth Games.
Spiralling car loan rates continue to dent the passenger car market, as Tata Motors, Hyundai and Honda Motors reported slower sales in July over that in the corresponding month last year.
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