German driver Nico Hulkenberg will race in next year's Le Mans 24 Hours sportscar race with Porsche as well as Formula One with Force India, the German manufacturer said in a statement on Thursday.
South Korean steel giant Posco has narrowed down on Sanand (Gujarat) for setting up its steel coil unit at an investment of $20 million.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
Volkswagen mess costs Germany its strongest nation brand position.
The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
Volkswagen did not name a successor, but said proposals on management appointments would be made to a full board meeting on Friday.
Brijmohan Lall Munjal, 92, who recently became chairman emeritus of Hero MotoCorp, single-handedly rewrote the rules of the motorcycle business
Volkswagen AG said a scandal over falsified US. vehicle emission tests could affect 11 million of its cars around the globe.
Late on Monday, Volkswagen's U.S. chief Michael Horn said the company had "totally screwed up" and promised to make amends.
Gujarat has caught the fancy of a large number of corporate heavyweights.
German prosecutors launched an investigation on Monday into fraud allegations against former Volkswagen boss Martin Winterkorn.
The brand contributes about 40 percent to VW group earnings.
British co-driver Gareth Roberts was killed in Sicily on Saturday when his car crashed during a round of the Intercontinental Rally Challenge (IRC) series, organisers said.
Driving the car -- to be put on the road by 2016 -- in towns and cities, costs could be slashed by as much as 80 per cent as the vehicle will be running on air for four-fifths of the time, company researchers say.
Sensex was up 46 points at 20,680 and the Nifty advanced 13 points to trade at 6,140.
Auto Expo 2012 is the venue for the launch of seven all-new automotive brands in India.
From selling 14,000 Jeeps in 1973, we slipped to selling just 7,000 vehicles within just three-and-a-half years by 1976.
On Reva, Mahindra says electric cars are an innovation that can disrupt the automobile sector.
Following the re-entry of French car maker PSA Peugeot Citroen, the erstwhile sleepy town -- already home to Tata Motors' manufacturing plant for small car Nano -- finds itself along the country's prominent auto hubs like Pune in Maharashtra and Sriperumbudur in Tamil Nadu.
Indian vehicle manufacturers saw their market share of the total South African new vehicle market drop below one per cent in September, despite the month being a buoyant one for most manufacturers.
India will beat China, North America and Europe to become the fastest growing automobile market.
After auto makers, PSA Peugeot Citron and Ford, IT major Infosys Limited is vying for land in Gujarat. N R Narayana Murthy, chairman and chief mentor of the company, will meet Gujarat Chief Minister Narendra Modi on Tuesday to discuss setting up of a campus in the state.
Only in the case of public infrastructure did the government facilitate purchase. Hence, Gujarat would not have to make much changes post the Bill," said C L Meena, revenue secretary.
This is the second acquisition abroad by Motherson Sumi within a little more than two years.
Former world champion Kimi Raikkonen is unlikely to return to Formula One, he was quoted as saying on Saturday.
Some of these logos have a history and tell a story in their own special way.
The Telangana agitation over the Centre's decision to create a new state in the region has forced several companies, including Bharat Forge, the Lakshmi Mittal Group and the NTPC-BHEL joint venture, to either put their expansion plans on hold or explore other states.
Premier Ltd, formerly Premier Automobiles Ltd, on Wednesday re-entered into the passenger car segment with the launch of a compact sport utility vehicle.
The court observed that it was giving Sapte the benefit of doubt as the prosecution had not been able to prove its case against the accused. On January 16, 1997, four alleged shooters of Chotta Rajan gang had pumped 18 bullets into Samant, leader of Kamgar Aghadi union, as he was leaving his residence in a jeep on Padmavati Road in Powai, northeast Mumbai.
Max Mosley backed former Ferrari boss Jean Todt as his ideal successor on Wednesday after ending speculation that he would seek a fifth term as head of motorsport's world governing body. The International Automobile Federation (FIA) president wrote to all member clubs saying he had received almost 100 messages of support from within the organisation but had decided to stand down anyway.
Layoffs are turning out to be the flavour of the week, with European auto makers Peugeot, Citroen and Rolls Royce, British pharma giant AstraZeneca and American defence equipment manufacturer Boeing all set to slash nearly 7,000 jobs.
The base variant of Rio will be priced at Rs 5 lakh (Rs 500,000), making it 30 per cent cheaper than its nearest competitor and the launch will take place this month after Diwali.
More than a decade after the iconic race car brand Jaguar was forced to pull out from the gruelling 24-hour Le Mans race, the new owner, the Rs 16,400-crore Tata Motors, is considering a plan to put the brand back on the racing track.
Japanese car maker Mitsubishi Motors Corporation has decided to manufacture its sports utility vehicle Outlander in India, through its Indian joint venture with Hindustan Motors, a C K Birla Group company. The Indian JV currently manufactures the Lancer range of sedans, sells Montero, a premium segment sedan, and imports completely built SUV Pajero. The company had earlier considered the option of importing Outlander as a fully-built unit for the Indian market.
The global alliance between Renault-Nissan and Daimler AG announced today is likely to add one more car to the list of small cars jostling for market share.
The deal size ranges from $200 million to $300 million. The 27-year-old S P Metal Forgings has been a large exporter to Europe, the UK and Israel for over three years. It provides parts for BMW, Peugeot and Renault and also services the after-market and non-automotive companies.
Director Malcolm Wilson said the team has set its sights on the 2007 championship.
Until 26 months ago, the laws governing cross-border joint ventures were loaded heavily in favour of the Indian partner.
Aiming to cash in on the growing demand for diesel cars, market leader Maruti Udyog on Wednesday launched two diesel variants of its premium hatchback 'Swift' and said it plans to launch two more models next fiscal.
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