Terrafugia's flying car Transition, a light sport roadable aircraft could very well be headed to India, Brazil and China in the future. A graduate from Massachusetts Institute of Technology (MIT), Co-founder of Terrafugia, Carl Dietrich has already spoken about Transition being available by 2012 end. He's in the country for the 'Goa Think Fest – 2011.' Terrafugia's flying car Transition can go from... 

Judging by recent rate of sales, Brazil is poised to overtake Japan in a run for third place in the car market.  Car sales in Brazil are escalating and reaching great heights.  In a report from Roland Berger Strategy Consultants, the analysts have said that demand for cars in Brazil is ever increasing, and the country is likely to be one of major players in car sales.  China and United States are... 

Weak rupee valuation against the dollar today is the lowest in 15 years, and isn't helping much in these difficult times of inflation. Interest rates coupled with continuous rises in petrol prices have affected auto manufacturers. Top auto companies such as Tata Motors, Ford, Maruti Suzuki and GM have all been reported falling car sales and hesitant buyers. Besides auto manufacturers, auto component... 

With trends changing rapidly, it comes as no surprise that car buyers are letting the usual visit to a dealer slip and opting for the Group Buy concept that leverages demand dictated discounts. Being the 9th largest auto industry globally, the Indian car market rules the roost with a 22% online market share in India. The Reverse Group Buy feature isn't in tandem with pre determined discount deals and... 

Indian Government is working towards decreasing price of petrol in the country by a Rupee or two. The pleasant change will be coming into effect in the next few weeks. Over the last few months, Indian Government has come under intense scrutiny for increasing fuel prices in the country to an extent that fuel today costs 50% more than what it used to 2 years ago. Car manufacturers in India have solely... 

The Japanese and Indian Government have signed a free trade agreement earlier today which will enable both countries to trade without any duty. Mr Anand Sharma, Industry and Commerce Minister of India and Mr Seiji Maehara, Foreign Affairs Minister of Japan made history earlier today when they signed the agreement in Tokyo. Though exact details of the agreement are not revealed as of now, but we know... 

The entire country rose to a rude awakening this morning when they read headlines. The state run oil companies have decided to increase the prices of petrol in the country by almost Rs 3/liter, diesel prices will soon follow the suite. According to a popular Indian daily, The Times of India reported that one of the major fuel provider in the country, BPCL – Bharat Petroleum Corporation Ltd has already... 

The Indian Government announced in the capital earlier today that the country has become 7th largest vehicle manufacturer in the world, 6 years before it was actually predicted. The Government had predicted to achieve this feat by the year 2016. At a FICCI ceremony, Mr. B S Meena, Secretary for Ministry of Heavy Industry said, "When we were making the Auto Mission Plan (AMP) in 2006, we had projected... 

Tata Motors plan to re-open Pimpri facility for the assembly of Land Rover Freelander in India will take place this December of 2010. Pimpri facility has been idled since Mercedes Benz moved to its own plant in Pune. Tata allocated around 150 crore Rupees for this project, according to reports. The Land Rover Freelander will be pitted against BMW X3 and Audi Q5. Price range is said to cost around... 

General Motors India has no (medium-term) plans to bring their Chevy Volt to the Indian market. During an interview, GM India VP Ankush Agora said that though they had been studying the scope of launching electric vehicles in India, it is still subjected to lot of factors like support from government in terms of infrastructure, incentives, etc. Negotiation is already in place but they don't expect...