Mercedes motorsport head Toto Wolff has sold his remaining stake in the Williams Formula One team to US shareholder and healthcare executive Brad Hollinger, both parties said on Wednesday.
These photographs are sure to take your breath away!
Want to own a Merc or Beemer but can't afford it? Here's your chance. With luxury car makers getting ready to launch upgraded versions of models, dealers are offering discounts ranging from Rs 1 lakh to Rs 4 lakh on models that are being phased out to clear inventory.
According to the Auto Component Manufacturers Association, the apex body of component makers in India, global sourcing of components from the country will double from $2.95 billion to $5.9 billion in 2008-09, and is slated to hit $20 billion in seven years.
Ratan Tata, the 71-year-old Indian industrial patriarch whose Tata group now owns Jaguar and Land Rover, had personal experience of the importance of Jaguar's "heritage"during a visit to the British company in mid-July.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Guenter Butschek will start his new job by Feb. 15
The models will carry a price tag of Rs 1.25 crore to Rs 3 crore, the most expensive in the company's line-up, and will be custom ordered and delivered directly from Germany. Delivery time may take two or three months depending on what the customer chooses.
The model, considered as large van or a mini bus, has sliding doors and can comfortably seat around 15-18 people. It will be imported into India initially. The model is currently undergoing road tests in Pune, according to sources.
Cerberus Capital, the New York-based private equity fund that recently bought Chrysler from the erstwhile DaimlerChrysler for close to $7.5 billion, is entering the Indian market shortly.
A planned freeze on engine development in Formula One from 2008 will be brought forward to next year.
Barcelona are in intimidating form going into Tuesday's Champions League clash with VfB Stuttgart and the Germans are fearing the worst.
New age diagnostic tools come in handy for BharatBenz to predict repair needs and breakdown in advance.
Tata Motors has halved the volume outlook for its UK subsidiary Jaguar Land Rover Automotive (JLR) and warned of lower earnings as it sees the semiconductor shortage deepening in the September quarter of the current financial year, according to a notification issued by the company to the stock exchanges on Tuesday. The announcement caught investors unawares. They were hoping for a quicker recovery. Tata Motors' stock tanked 13 per cent (on July 6) from the day's high of Rs 358.10 and hit the lower circuit (Rs 311.45) in intra-day trades.
Williams join Ferrari, Midland/Jordan, Red Bull and Toro Rosso/Minardi in agreeing to an extension with the F1 chief.
BMW began its innings earlier with this year with the 3 Series executive sedan and the 7 Series luxury sedan. Beginning this month, BMW will start assembly of its fabled 5 Series premium executive sedans and retail operations as well.
A part of Volkswagen Group, Audi currently imports its 'A4', 'A6' luxury sedans and SUV 'Q7' in India through the completely-built-unit route.
"When you see things happening to Thierry Henry with the ball like we did today, you can see it was not a good pitch at all for these kind of players."
Having brought its entire Mercedes Benz line to India, DaimlerChrysler is now contemplating bringing its Chrysler range of vehicles as well.
Germany's No. 1 goalkeeper Jens Lehmann said he is prepared to sit out the third-place match against Portugal to give Oliver Kahn a final taste of the World Cup.
The super luxury saloon, which made a debut in India in 2004, will be delivered to the prospective customers by September or October 2004.
DaimlerChrysler India, on Thursday, handed over the keys to the first Rs 5-crore (Rs 50 million) Maybach, the country's most expensive car to Pan masala tycoon Rasiklal Manikchand Dhariwal.
DaimlerChrysler India on Monday said it had crossed the 2,000 mark in sales in 2005, the first time since it started operations in India.
The Maybach S650's focus on luxury would make a private jet's interiors appear pedestrian, says Pavan Lall. Does it mean it has no room for improvement?
Millions of vehicles have been recalled across the globe due to defective safety airbag manufactured by Japan's Takata Corp.
As many as 2,000 E-Class sedans, 300 S-Class sedans and around 50 SL and SLK sports cars will be part of Mercedes' Indian recall programme.
A range of new luxury cars were unveiled at the Geneva International Motor show.
The Global Business Coalition on HIV/AIDS hailed its expansion from 17 to 114 companies and praised member firms like Standard Chartered Bank PLC, Tata Steel and Daimler-Chrysler.\n
Tata Motors Ltd is expecting to bag a large part of a South African government order for replacement of more than 150,000 mini-buses with new vehicles.
DaimlerChrysler India on Wednesday announced the launch of a more powerful version of the Mercedes C-class to further boost sales of the luxury car.
