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F1 to make $3bn IPO

F1 to make $3bn IPO

Motor racing giant to test waters before Singapore offering.

Mahindra & Mahindra taps Korean arm to crack China market

Mahindra finds it tough to exorcise the ghosts of failed Chinese ownership at its SKorean car unit.

Toyota denies plan for $6k cars in India

Toyota denies a report that it was to begin selling cars in India priced at around $6,000.

Fiat says its needs 18 months for full-fledged solo journey

Fiat India says within the next 12-18 months it will be able to stand on its own with 100 exclusive centres.

Escorts announce launch of executive tractor

Escorts announces the launch of India's 'first executive tractor,' aiming to tap the premium segment.

Volkswagen puts on hold Rs 2,000 cr investment in Maharashtra

Volkswagen AG says it has put on hold the proposed Rs 2,000 crore investment plan in India.

Mercedes-Benz launches new M-Class in India

Mercedes-Benz launched its third generation sports utility vehicle.

Honda launches its cheapest motorbike priced at Rs 44,642

The 110cc Dream Yuga motorcycle, its first in India's 75-125cc commuter segment, will start at Rs44,642.

Slow start drives Ford to advance midnight sale

Sluggish passenger car sales during April 2012 has forced car makers to come up with innovative marketing strategies.

Global manufacturers go local in cost-wary India

Car makers are localising their products, sourcing materials and making cheap, India-tailored vehicles.

Soon, air-powered cars to debut in India

Tata Motors has said that it has tested two cars that can run on compressed air