Auto Industry

Auto and farm equipment major Mahindra & Mahindra has finally found its place in the sun after several years of perseverance and hard work, the last three years being significant ones that led to the company transfo...

Mitsubishi Motors Corporation (MMC) has had to pay for the wrong it had done on the fuel economy tests as it has recorded extraordinary loss in its consolidated and non-consolidated financial results for 2015 fiscal...

Volvo Cars has taken control of its three joint venture operations in China for SEK2.2bn in order to more accurately reflect its growing presence in the world’s largest car market. Volvo Cars now owns 50 per cent of...

General Motors informed the National Highway Traffic Safety Administration (NHTSA ) that it is adding ignition lock cylinders to its safety recall of 2.2 million older model cars in the United States. The cylinders ...

Ferrari is not only the maker of some of the world’s most exquisite cars that can be driven at very high speeds. The company Ferrari is also about rewarding its employees. According to a company statement, Ferrari h...

After 2012, Ferrari’s best year of sales, the company had decided to reduce the number of vehicles sold to maintain high level of exclusivity and thus increasing their value over time. The idea worked brilliantly fo...

Maruti Suzuki Board approves Gujarat land purchase