Within just 16 months, Mahnindra has achieved 50,000 units sales for their Cheetah inspired, XUV500 SUV, which was first launched in India back in Sep 2011, with an introductory price tag of Rs 10.8 lakhs.
Jaguar Land Rover, the luxury automotive company wholly owned by Tata Motors has stated that the company is in the process of raising $400 million or INR .2,100 crores via bonds.
VIA Motors has unveiled their much X-Truck hybrid pickup at the ongoing 2013 Detroit Auto Show, currently underway at the cityâ€™s Cobo Centre. The X-Truck is based on 2013 Chevrolet Silverado.
Ford 1.0 liter EcoBoost engine has won the 2012 International Engine of the Year award, beating last yearâ€™s winner, Fiat 0.9 liter TwinAir while at the same time achieving the highest score ever with 401 points. It will arrive with the EcoSport SUV in India.
Mercedes-Benz Formula 1 racing team with Toto Wolff and Niki Lauda management. Wolff is working with Williams and will be leaving the team, and continue to be a shareholder.
Chevrolet raises $2.14 million for charity. 2014 Chevrolet Corvette Stingray, a 1958 Corvette, 2012 COPO Camaro Convertible, 2013 Corvette 427 Convertible Collector Edition, and 2013 Chevrolet ZL1 Convertible were auctioned.
Maruti Suzuki India has launched a limited edition of its three decade old van, Omni,This new edition sports features such as floor mats, new seat covers and a CD player with 4 speakers.
Daimler mobility Services GmbH to help to boost easy commute and travel. Car2go, moovel, and GottaPark.Inc are key in easing commute and travel in an efficient manner. Daimler mobility Services GmbH will enable Daimler to integrate it’s many services.