RBI Grants Volkswagen Finance NBFC License
The Reserve Bank of India (RBI) has granted Volkswagen Finance a Non-Banking Finance Company (NBFC) licence enabling it to make its first offering to...
Tata Motors Commences Indica EV Production
Tata Motors has finally started production of the Indica Vista EV in the UK. The company will manufacture close to 1500 units of the...
Garware Motors To Launch Hyosung GT250R
Just last month we had reported on Garware Motors planning a 250cc bike for India and now there is confirmation from the company on...
Audi Launches Q5 2.0 TDI Quattro
Audi has launched the Q5 2.0 TDI quattro priced at Rs. 39,05,000/- (ex-showroom Maharashtra). Deliveries to customers will begin in April 2011. The Audi...
Hi-Bird Launches 100 Kmph eScooter
Hi-Bird (manufacturer and exporter of bicycles from India) has forayed into two wheeler market with launch of two models of eco friendly electronic scooters...
Ducati Extends WSBK Lead At Donington
Carlos Checa took his Althea Racing Ducati 1198 to a double podium on Sunday in the second round of the World Superbike Championship at...
Honda Reports Massive Profit From Divestment
Honda Motor has reported a profit of $986 million from its disinvestment in Hero Honda. The Japanese automaker sold its 26% stake in Hero...
Mercedes Plans A & B-Class India Launch
Mercedes-Benz plans to launch the next generation A and B-Class in India by 2013. The company has lost alot of ground in the luxury...