According to a recent Millward Brown survey, BMW is the most valuable automotive brand.The company surpassed last year's winner, Toyota, with an estimated value of $21.82 (€16.52) billion. Toyota, while second, was valued at $21.77 (€16.48) billion. Due to the economic downturn, both companies had lower valuations than last year. Honda came in third with a value of $14.30 (€10.83) billion, Mercedes was fourth with $13.74 (€10.40) billion, and Porsche was fifth at $12.02 (€9.10) billion.The big gainers were Volkswagen (up 20 percent) and Ford (up 19 percent), while the big ...

Automotive firm Mahindra and Mahindra Ltd (M&M) is turning its dealerships across the country into farming advice centres in a bid to build its brand in the farming community and boost tractor sales.“Our dealer mandate has been extended beyond just selling and servicing tractors,” said Sanjeev Goyle, senior vice-president of marketing at M&M, which became the first firm to sell more than 100,000 tractors in a year last fiscal. Known as Mahindra Samriddhi Centres, the dealers have set up small farms to demonstrate the best farming techniques. The centres also conduct ...

Now that Nano sales have started picking up, India's top commercial vehicle maker Tata Motors has quietly moved ahead for the development of yet another small car on a completely new platform.Tata Motors is working on an all new compact small car codenamed Dolphin targeting customers who can shell out little more.Sources say the all new car will be positioned between the Nano and Indica Vista and is likely to be priced around Rs 3 lakh.It will be developed on an all new platform and is expected to be powered by an 800 cc to 1 litre engine.It will be ...