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Mitsubishi Motors, which assembles its cars in Chennai through a joint venture with Hindustan Motors, plans to hike prices of its models by 4-5 per cent from April 1. This is a result of imported […]

Toyota Kirloskar Motor (TKM) has increased the prices of the Toyota Innova ans Toyota Corolla Altis. Depreciation of rupee and yen against the US currency and rising input costs has forced Toyota to increase its […]

Tata Motors is working on a micro-hybrid version for the Nano that will increase the fuel efficiency of the world’s cheapest car further, while cutting down its emissions . The company is in discussions with […]

Honda Siel Cars India said it will increase the prices of its sports utility vehicle CR-V by about 30 per cent in May, 2009, besides gradually hiking the rates of other models. “Devaluation of rupee […]

Ashok Leyland India’s second largest commercial vehicle manufacturer said it will cut the prices of its trucks by an average of over Rs. 16,000 per unit on account of the government’s decision to reduce excise […]

Mercedes-Benz India (MBI) formally inaugurated its new manufacturing plant in Chakan near Pune. The new facility, set up with an investment of Rs. 300 crore, and was completed in 13 months which was inaugurated by […]

India’s largest bank, State Bank of India (SBI), is offering 10% interest rate on car loans for the first year. This move is expected to give car sales a major boost, especially among government employees, […]

The government on Wednesday 17 February notified the new emission norms — Bharat Stage IV or BS-IV — which will come into effect in April 2010. Implementatoin of BSIV norms will require huge investments to […]

Honda Siel Cars India will no longer retail the Civic Hybrid through its dealerships, less than a year after its India launch. The car will now be available only as a direct import through the […]

PSA Peugeot Citroen, Europe’s second largest car maker by sales, continues to test the India waters again. Senior PSA executives Frederic Saint-Geours, board member and adviser to chief executive officer, and Rajesh Nellore, managing director […]