The car owners actually need not spend an extra 5 to 7 per cent. But it is the carmaker who needs to shell out an additional cost of Rs.800 for a new tyre for every new car they sell.

Ford India President and Chairman Michael Boneham revealed that the new compact car the Figo will be manufactured at its Chennai facility and will be exported in these markets. Ford India is investing $500 million in expanding production at its

The company employs 14,500 workers in the United Kingdom. And it has announced that it had been making "significant progress" in enhancing its funding facilities.

The car company has temporarily halted the production of the SX4 and now is all geared up to relaunch the sedan with a BS-IV compliant engine. The new Maruti Suzuki SX4 will be tweaked on the exteriors and interiors. Moreover,

The Indian market is going through a revolution for desire of high-end products. We do not want to miss this opportunity and so launching Panamera. We are expecting a good growth in India despite an anticipated dip in global sales

Germany and Austria have already accomplished their scrappage programmes. The rest of the countries might also wrap up their schemes by December.

This number is of great importance as during this period last year, Fiat had sold only 3,550 cars.

In India, Volkswagen has also set a goal to capture 8-10 per cent of market share in the passenger car segment by 2014. And this will be achieved by the company through a series of launch and by doubling its

The optimism is palpable at India's No 1 carmaker, whose technicians are close to developing an engine that will use multi-point fuel injection (MPFI) technology in CNG mode, just as it does in petrol mode, eliminating loss of power and

The priority for the crisis-hit company is to produce a car significantly cheaper than the current "bottom-of-the-range" model, the Porsche Boxster , which costs 46,506 euros (67,778 dollars), Wolfgang Duerheimer, head of development said.