Williams join Ferrari, Midland/Jordan, Red Bull and Toro Rosso/Minardi in agreeing to an extension with the F1 chief.
Leading carmaker Hyundai Motor India Ltd on Monday announced plans to roll out a CNG version of its bread-and-butter hatchback Santro by this year-end or early 2008.
German-based luxury carmaker, BMW will roll out its first three-series models from its Indian facility at Chennai on March 29, while the 5 Series will be rolled out in June.
The Monopolies and Restrictive Trade Practices Commission on Thursday advised auto giants Maruti and Hyundai not to target each other in advertisements and asked Maruti to file its reply to a complaint filed by its rival carmaker.
Boosted by Maruti Udyog Limited and Hyundai Motor India's sales of compact models, the domestic market posted 24 per cent growth in car sales to 1,04,488 units last month compared with 84,235 units in January 2006.
Rolls-Royce is banking on India's new millionaires.