Many people around the world want to know - "What is the net worth of Ratan Tata"? TATA Group is running 96 businesses and out of which 28 companies are listed in various stock exchanges. According to market capitalization and reputation, Tata group ...

The 2010 Union budget is not very exciting for future car and bike buyers. Nor is it any good news for current car or bike owners. The Government has increased the excise duty by 2%, translating into small cars attracting 10% excise duty and bigger cars will now have to ...

Land Rover has overtaken BMW as the country’s No.2 upscale SUV player in sales, helped by a passel of factors spanning a bigger bundle of models to competitive pricing to a more effective positioning in the market. The luxury marque that Tata ...

Maruti Suzuki India Ltd. said Tuesday it will recall more than 100,000 units of its A-Star small cars to replace a defective part in the fuel tank. The news caused shares of India's biggest auto maker by sales to decline as much as 4.4%. The recall, which will also include ...

Even as it is gearing up to make a foray into the compact car segment with the imminent public launch of Figo, Ford India has set a record of sort by opening 28 new dealer facilities across the country in a single day.With this, Ford has now 164 dealership facilities ...

Tata Motors Ltd. hired Carl-Peter Forster, the former head of General Motors Co.’s European division, as chief executive officer to help the Indian company manage global operations after purchasing Jaguar Land Rover.Forster, 55, will be responsible for the two British luxury brands as well as Tata’s truck, bus and car ...

Carmaker Ford has said that it is set to transform from a niche player to a volume player in the Indian passenger car market with the production of its new small car Figo at its Maraimalai Nagar car plant near Chennai. The company also signaled its intention to address the ...

Renault SA will resume investments in an Indian factory it’s building with affiliate Nissan Motor Co., less than a year after it suspended its plans, as economic stimulus and tax breaks lifted car sales in the country. Renault will introduce two cars in India next year, Marc Nassif, the local ...

After a rush of enquiries, Jazz seems to be losing fizz not only to competition but also to the other Honda brand - City.Jnaneswar Sen, marketing vice-president of Honda Siel Cars India, said, "From the time we launched Jazz, we have seen City volumes go up. We have observed that ...

Bajaj Auto is readying to penetrate the top- and bottom-end of the global motorcycle market, segments where it has been unable to compete till now."We cannot address these markets with the Bajaj brand," says Managing Director Rajiv Bajaj. This known (to Indians) brand is meant, he is clear, ...