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Mahindra and Mahindra net profit plummets 99 %  Feb 18th, 2009 
MUMBAI: Auto major Mahindra and Mahindra (M&M) on Saturday said its stand-alone net profit dipped over 99 per cent to Rs 11.96 million (Rs1.19 crore/$242,757) for the quarter ended Dec 31, from Rs4... 
 
 
GM lines up new mini to Beat rivals  Feb 18th, 2009 
NEW DELHI: General Motors' new mini car, which is due to be rolled out by year-end, will be based on the Beat concept showcased at the New York Auto Show two years ago. The car will sport a small d... 
 
 
Question mark hangs over abandoned Nano land in Singur  Feb 18th, 2009 
KOLKATA: More than three months after global auto major Tata Motors decided to shift out of West Bengal the project to build the world's cheapest car, a question mark still hangs over the fate of t... 
 
 
Fate of American car is unclear  Feb 18th, 2009 
To detractors, the American car is a fuel-gulping beast, a steel behemoth that symbolizes industrial decline. Love it or hate it, no other consumer product ignites as much passion or has had such a pr... 
 
 
BMW India sells 2,908 cars in   Feb 18th, 2009 
NEW DELHI: BMW India, the wholly-owned subsidiary of the world’s largest luxury car maker BMW AG Germany, sold 2,908 cars in India in 2008, its second year of operation, closing the gap with luxu... 
 
 
You can pay Rs 70,000, book a Nano by Feb-end  Feb 18th, 2009 
AHMEDABAD: Bookings for the Rs 1 lakh Nano will begin by February end. The booking amount for the world’s cheapest car will be around Rs 70,000. But, even after paying 70% of the car’s total co... 
 
 
Pedata RV Hopes Motorhome Shoppers Turn Into Buyers with Stimulus Bill Incentive  Feb 18th, 2009 
Motorhome buyers get tax break on motorized RVs but Clint Ethington of Pedata RV Center wonders if that will translate into more RV sales. "With consumer confidence down and unemployment up, I do... 
 
 
Renault to miss 2010 deadline of launching cars in India  Feb 18th, 2009 
NEW DELHI: French auto major Renault has temporarily put on hold its plans to launch cars in India by 2010 in the wake of the global slowdown as the company has decided to hold back on investments ... 
 
 
Skoda to unveil three Fabia variants  Feb 18th, 2009 
NEW DELHI: Skoda Auto India, part of Europe’s largest-carmaker Volkswagen, will launch three new variants of its flagship hatchback Fabia, including a new sports model this year, a top company ex... 
 
 
Aston Martin finds a way  Feb 18th, 2009 
The world of motorsport has been going through a tumultuous time of late, thanks to the globally tightening purse strings. Now we tend to keep the thrills from the world of motorsport away from thi... 
 
 
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