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... 

? General Motors India, in partnership with SAIC (Shanghai Automotive Industry Corporation and Wuling Automobiles (maker of China's largest selling vehicle), recently announced that they would be launching 'Sunshine' in India. 'Sunshine', with an estimated cost of around Rs 4-6 lakh, will join the ranks of Toyota Innova and Mahindra Xylo segment. It aims to target buyers from the B plus segment using... 

It appears that the Ford Motor Company is keen to strengthen base in the Indian auto market but the same can't be said about the Mazda Motor Corporation, a subsidiary of the former. The main focus lies with Ford, so other ventures aren't been considered as of now. In the meantime, the company increasing fuel costs, recession after effects and related facts are forcing most overseas carmakers to turn... 

Bentley, yesterday launched its top-end model "Mulsanne" in India for a price tag of Rs. 2.9 crore. The car boasts of a 6.7 litre V8 petrol engine and will start shipping in October-November this year. The company plans to produce 600 units of Mulsanne annually globally and India's quota is yet to be decided. Bentley also announced the launch of GTC Superport within 6-7 months and is expected to price... 

After Toyota and Honda, it is Hyundai's turn to repeat the recall saga. Hyundai has declared that there is a fault with the door latch. According to the available information, Hyundai has recalled 1300 vehicles that were produced in US in the 1st December to 16th February time frame, while also recalling 47000 manufactured in Korea between 3rd September to 6th December this year time frame. The company...