‘Business’ News

Porsche Panamera to get a diesel and hybrid powerplants come 2011

Porsche to take Panamera to China

Thursday, January 8, 2009 6:18

The Chinese automotive market will get to see Porsche's four-door Gran Turismo Panamera this April.

Lenovo, Vodafone McLaren Mercedes in pact for 2009 Formula One season

Tuesday, January 6, 2009 13:50

Kickstarting a technology alliance, computer maker Lenovo has joined hands with Vodafone McLaren Mercedes to forge a partnership ahead of the 2009 Formula 1 season.

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Toyota’s first losses in 71 years

Friday, January 2, 2009 10:40

Japanese automaker Toyota Motor Corp has seen a loss in 2008, ending a 71-year long streak of operating profits. The last time Toyota posted an operating loss was in the year ended March 1938.

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M&M firm on US plans

Thursday, January 1, 2009 17:48

Recession or not, utility vehicle major Mahindra and Mahindra is adamant on making its foray into the US market. The company has said that plans for the US market are on track as scheduled.

Tata brand on Ferrari F1 cars in 2009 season

Saturday, December 20, 2008 19:40

In a spectacular deal that would showcase an Indian brand on the Ferrari, the Tatas have been chosen as the new sponsor of Ferrari's 2009 Formula 1 racing cars.

Honda feels the pinch, makes plans for 2009

Saturday, December 20, 2008 19:37

The continuing economic slowdown that has hit the automobile industry hard has forced Honda Motor to brace for the challenges ahead in a more fighting way. The car maker feels that conditions will get even worse next year.

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PSA-Bosch deal for diesel hybrid tech

Wednesday, December 10, 2008 16:33

In its bid to make a positive impact on the area of diesel hybrid technology, PSA Peugeot Citroen and Robert Bosch have come to an agreement to kick start a strategic partnership.

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New Mitsubishi – Proton car for Malaysia

Sunday, December 7, 2008 14:41

Malaysia is Mitubishi’s next big stop. Automotive giant Mitsubishi Motors Corporation has inked a contract with Malaysia's major automobile manufacturer Perusahaan Otomobil Nasional Sdn Bhd (PONSB) to build a new Proton hatchback car.

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Honda leaves Formula One, F1 team on sale

Friday, December 5, 2008 18:41

The slowdown in the global economic scenario has forced Japanese automaker Honda to pull out of Formula One.

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Hyundai production cut in international markets

Wednesday, December 3, 2008 7:01

South Korea automotive major Hyundai has decided to go for a cut in output at all its plants at various international locations.

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Kerala’s Kochi gets ready for Volvo Ocean Race 2008 stopover

Sunday, November 30, 2008 6:49

The much-awaited Kochi stop over of the Volvo Ocean Race is just round the corner. The yachts are expected in Kochi on November 29 and 30, three days prior to the stopover start date of December 3.

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GM puts fuel cell vehicles to test in Europe

Thursday, November 27, 2008 20:41

General Motors has kicked off the European leg of its test programme for fuel cell vehicles. Dubbed as a real-world road test, the programme will run under the umbrella of the Clean Energy Partnership (CEP), a German Federal Department for Transport, Building and Urban Development funded project focused on proving the day-to-day suitability of hydrogen as a fuel for road transport.

Hyundai Accent much sought after in the US

Thursday, November 27, 2008 20:38

Korean auto major Hyundai Motor is seeing an unprecedented acceptance towards its Accent model in the US car market. Dubbed by the company as the most dependable and affordable sub-compact car, the 2009 Hyundai Accent model is available in the US has a starting price of US$9,970.

GM, Tiger Woods part ways

Wednesday, November 26, 2008 8:42

Bringing a premature end to one of the most hyped endorsement deals, General Motors and golfer Tiger Woods have decided to part ways. The end of the deal has come about a year before the actual termination of the contract period.

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Mahindras plan Bolero, Scorpio, Xylo exports to China

Monday, November 17, 2008 6:30

Mahindra and Mahindra is looking at making a splash in China by lining up exports to the communist nation. The company which is fast readying its fuel-efficient SUV models in the United States, will see China as one of the most potential markets overseas.

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Mercedes Benz to be manufactured in Hungary by 2012

Tuesday, November 4, 2008 10:21

Mercedes Benz will construct a small car plant in Hungary by 2012.

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Toyota Prius brand being lobbied for

Sunday, October 19, 2008 20:06

Japanese automotive giant Toyota is likely to make its Prius hybrid model  part of a separate brand. The company is has confirmed it is considering a new Prius brand. Smaller and larger hybrid cars may be built under the new Prius sub-brand.

Daimler confirms talks on Chrysler stake sale

Tuesday, September 30, 2008 9:09

Speculations over Chrysler stake sale by Daimler were put to rest with the German auto giant confirming that it is in talks with Cerberus to sell its 19.9 per cent stake in its former partner.

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Haima Family sedan photo

China’s Haima to launch A0 segment car in 2009

Tuesday, September 30, 2008 9:08

Yet another Chinese car maker will see global attention focused on it during the run up to year 2009 as it lines up a new brand of car. FAW Haima Automobile Co is expected to unveil its new own-brand car in the A0 segment next year thereby launching itself into the big league.

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Freightliner PH37ACmi PowerHaul diesel locomotive at InnoTrans 2008

Freightliner PH37ACmi PowerHaul diesel locomotive at InnoTrans 2008

Friday, September 26, 2008 8:26

Freightliner will reveal its new PH37ACmi PowerHaul diesel locomotives at the world's largest rail exhibition, Innotrans 2008, held in Berlin.

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Hyundai Genesis may increase sales in the US

Tuesday, August 26, 2008 11:00

Despite the decline in sales of luxury automobile models in the US, Hyundai expects annual sales of 50,000 units of the Hyundai Genesis, 20000 units of the Hyundai Genesis sedan and 30000 units of the Hyundai Genesis coupe version.

GM to launch 18 flexible fuel vehicles including Hummer, Chevrolet and Caddy models

Friday, August 22, 2008 17:30

General Motors plans to launch 18 Flexible Fuel Vehicles (FFVs) in 2009. 

Mazda Biante 8-seater minivan a hit in Japan

Mazda Biante minivan sales soar in Japan

Friday, August 22, 2008 17:28

Mazda's new Biante minivan is turning out to be popular in Japan with the vehicle more than doubling the sales target in its first month of sales.

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Chrysler, Nissan likely to join hands for midsize cars

Tuesday, August 12, 2008 15:46

Auto giants Chrysler and Nissan Motor Co are likely to enter into a a possible partnership soon.

Broughtons to showcase Zagato Bentley GTZ and Spyker C8 Aileron at British Auto Show

Monday, July 21, 2008 11:57

As the British International Motor Show opens in London next week, luxury car retailer Broughtons Specialist Cars will lift the wraps off the Zagato Bentley GTZ and Spyker C8 Aileron.

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Harley Davidson to buy MV Augusta

Friday, July 18, 2008 16:07

Harley Davidson to buy MV Augusta of Italy

Fiat Scudo van for New Zealand

Friday, July 18, 2008 15:11

Fiat is betting big on New Zealand and has commenced its pre-launch publicity for the Scudo van in the country.

Chevrolet Beat small car from GM for US

Monday, July 14, 2008 19:23

The Chevrolet Beat will make it to the US. Question is, when?

chery qq photo

Chery wants to acquire Volvo

Saturday, July 12, 2008 14:02

Volvo, most probably, would see a change of hands if things work out for Chery. This is just a rumor, as of now.

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GM Daewoo, Lotte credit card offer for car buyers in Korea

Monday, July 7, 2008 9:41

Car major GM Daewoo has taken a new step toward making its vehicles affordable.

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