Japanese car manufacturer, Honda Motors has been in Indian auto industry for quite some years now. They have seen how the demand has shifted from petrol powered cars to diesel powered cars today. Honda Motors is suffering losses in India due to the unavailability of a diesel powered product in India. Earlier today, Honda Motors India announced that they are working on launching new diesel powered... 

Hyundai India workers are threatening to go on a strike if the second largest car manufacturer in India does not re-employ the 18 employees which were sacked earlier this month. Unrecognized workers union of Hyundai Motors, HMIEU – Hyundai Motor India Employees Union has said that, “What we want is that the dismissed employees must be reinstated. We are planning to strike in front of the plant... 

British luxury supercar manufacturer, Aston Martin has announced that there is no fear of slowdown, in fact they are headed towards increasing their market share around the world. Apart from Europe and North America, China is emerging as the dark horse as car sales have picked up dramatically over the last couple of years. Aston Martin China accounts for 12% of the total cars sold globally by the... 

Come 2012, BMW will usher in the sixth generation of 3 Series in a bigger and better package where both size and technology is concerned. BMW – Sport, Modern and Luxury 3 Series are being planned for 2012 and expected to go on sale by February 2012. According to BMW each of these cars will have exteriors of high gloss black or chrome with interiors of class unparalleled. The Sport line will have... 

During the current year, the auto industry has been facing a host of setbacks. First it was escalating fuel prices coupled with high interest rates and then the industry had to face a falling global economy. All this had led to fewer car sales, rising stocks and depleting profits. Auto companies have recorded a steep fall in demand and even the recent festive season failed to revive markets. It has... 

Volkswagen will be investing over $19 billion for boosting production and sales in China. It was in September that the German automakers announced their intentions to increase their foothold in China and in the coming 5 years the company will be able to reach their goal of becoming one of the worlds’s largest auto manufacturers, reaching a sales of over 10 million units per annum. China is emerging... 

Mission Impossible - The Ghost Protocol is expected to hit theatres across the United States on December 12th 2011. BMW 6 Series Coupe will be seen in a number of scenes some of which will be a series of chases and fiery explosions. Dr. Andreas Schaaf, President of BMW India said that the new 6 Series are powerful and a technological marvel which like Tom Cruise in Mission Impossible – Ghost Protocol... 

The Government of India has stated that the demand for signing of good conduct bond is arbitrary and unfair. After worker’s strikes at Manesar, the management of Maruti Suzuki had forced these striking workers to sign a Good Conduct bond prohibiting them from resorting to further strikes. Now the Government has questioned their motives and would like to ascertain that the company has not violated... 

It was announced that Toyota will be bringing in Lexus brand into the Indian luxury auto sector by 2013. This pronouncement was made recently and the company will be entering into an agreement with Kirloskar Group for distribution of Lexus in India. However, the Japanese auto makers have not stated exactly which vehicles will be brought into the country.  It is expected that Toyota’s LS, GS and... 

Increased sales and rising demand will see Volvo reaching a sale of 800,000 units by 2020. This according to Stefan Jacoby, Chief Executive Officer of Volvo will entail taking on additional labor of about 10,000 strong. The company has about 24,000 workers as on date and this figure will be increased to 35,000 by 2020 to help the company keep up with rising demand specially in Chinese markets. China... 

After months of buzz it is finally confirmed that BMW will be exporting their 5 Series mid level sedans made in China to other markets. These vehicles will be exported through the company’s joint ventures with local firms. BMW plant in Shenyang along with Brilliance will be the first to export 5 Series just to test markets and get customer’s feedback. On a trial basis, Mr. Christoph Stark, CEO... 

Toyota has announced that the company is in the process of bringing out a new low cost Sports Utility Vehicle which will be based on the Etios platform. The vehicle will be priced in the 10-12 lakh category and will be launched in India and Brazil. The Japanese auto giants will be bringing out this vehicle based on Etios platform. Etios itself was not a crowd puller though it can be said to have been... 

While Audi is celebrating its 20th year in a top position in the luxury auto segment, the company sales in China are expected to exceed 300,000 mark.  Mr. Dominique Boesch, General Manager of Audi Sales at FAW Volkswagen Automobile Co. Ltd. said that the company has set a target to 1 million vehicles in China by 2013. With an increase of 32% in sales in the first 10 months of this year the company...