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DaimlerChrysler to buy 26% in Sutlej Motors

 DaimlerChrysler AG of Germany has taken a call option to buy 26% in Jalandhar-based bus body builder Sutlej Motors. The proposal was recently cleared by the Foreign Investment Promotion Board......

DaimlerChrysler sells 1,681 cars between Jan-Aug

 DaimlerChryslersaid on Thursday it has sold 1,681 cars between January and August this year, 22 per cent up from the corresponding period last year. "The company sold 1,681 cars in the country in......

DaimlerChrysler to run Tourismo on Indian roads

 Germany-based luxury coach manufacturer DaimlerChrysler's subsidiary Mercedes Benz is planning to launch its high-end premier bus Tourismo in India by 2008. The company intends to launch the......

DaimlerChrysler to up sourcing from India

 Automaker DaimlerChrysler on Tuesday said it will buy more components from India for its operations in other countries such as Japan, Germany and the US. The German-US automaker, which sources......

DaimlerChrysler plans 2nd plant in India

 German-US carmaker DaimlerChrysler on Friday said it would set up a second plant in India in or around Pune, as the company expects the market for high-end products to grow and also launch new......

McLaren may accept record fine

 McLaren may be willing to take a $100 million hit in the interests of Formula One, team boss Ron Dennis said on Saturday. The record fine and loss of all McLaren's 2007 constructors' points were......

Dubai in talks over Liverpool bid

 Dubai said on Monday it is in talks about possibly investing in Liverpool Football Club and the 18-time English champions will open their books within days to a state investment agency headed by an......

F1 engine freeze to start in 2007

 A planned freeze on engine development in Formula One from 2008 will be brought forward to next year after an agreement with manufacturers, the governing body said on Monday."The FIA [International......

McLaren put Montoya's NASCAR debut on hold

 Colombian Juan Pablo Montoya could race again in Formula One this season and will not be allowed to compete in NASCAR until his McLaren contract ends, team boss Ron Dennis said on Friday."Juan......

'Alonso needs to do more for F1'

 Formula One supremo Bernie Ecclestone says Renault's Fernando Alonso needs to put more back into the sport as world champion. Ecclestone also had a dig at McLaren's Ron Dennis, the 24-year-old......

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