The 17-lender consortium led by State Bank of India has also put the Flying Models, Funliner, Fly Kingfisher and Flying Bird Device on the block.
The new year has brought good news for almost all car manufacturers, with market leader Maruti Suzuki, Hyundai Motors, Tata Motors, Mahindra & Mahindra, General Motors and even Fiat, posting their highest monthly sales since their inception.
Two more bodies were on Sunday found in the search and rescue operations which continued for fourth day following the collapse of a bridge on Mumbai-Goa highway near Mahad in Raigad district, taking the death toll to 26.
Hamilton is seven points clear of Finnish team mate Valtteri Bottas after five of the 21 races.
Masahiro Takedagawa, president and CEO of HSCI, feels his company can record double-digit growth this year, owing to an improving economy and continuous government effort to boost spending.
The third party premium has been increased from the current Rs 700 to Rs 2,500, a 257 per cent hike for private cars, where the cubic capacity of the vehicle exceeds 1,500 cc.
Media reports suggested the McLaren driver, whose wife is Japanese, was likely to announce at this weekend's Japanese Grand Prix that he would be leaving Formula One at the end of the year.
Global auto companies are investing huge money to build infrastructure in the country despite the slowdown.
The fundamental design characteristics of the Tata brand have been cleverly combined with sporty curvatures to create a coupe-like silhouette.
The car will rival Honda City, Hyundai Verna, VW Vento and Skoda Rapid.
BMW, the German luxury carmaker, plans to take on its Asian rivals - Toyota, Honda, Hyundai - with the core strategy of making customised cars from its flexible production lines to stay ahead in its century-old luxury marquee business.
New electric and hybrid vehicles on display as manufacturers plug into environment-friendly segment.
Fuji Heavy Industries, the maker of Subaru cars, said on Tuesday it would pull out of the world rally championship citing the global economic crisis. Subaru joins fellow Japanese automaker Suzuki Motor, which announced its exit a day earlier, and leaves no other Japanese automaker left in the race.
Some of the notable models set to make a debut next year include the Tata Harrier, the Mahindra S201, the Kia SP Concept, MG Motors' Boujun 530, and the Honda HR-V.
The 2012 Auto Expo saw a lot of new bikes but what were the real showstoppers? It's time we do a quick round up to find out.
Besides the car's price, fuel efficiency is of utmost importance for buyers as it's a long time recurring expense.
Check out Hero MotoCorp's hottest new bike all set to be launched in India
GO is the first Datsun car for the 21st century.
Formula One's Australian season-opener lacked a vital ingredient, overtaking, and it will take years to fix the problem, managing director for motorsports Ross Brawn said on Monday.
Honda Siel Car will launch a new variant of the hugely successful sedan
The task of usurping three leading brands is far from easy. However, Amaze has shown it can be attempted.
Having learnt lessons from the past with Baleno and SX4 models, the company is preparing to aggressively tap customers who are looking to upgrade, with the Ciaz, on which it has invested Rs 620 crore (Rs 6.2 billion) on development.
English driver Jenson Button feels with engine problems sorted out, the team is on the road to recovery.
The compact segment where Sonet will be launched is crowded with the Maruti Vitara and Brezza, which top the sales' list, and a bevy of models from Mahindra & Mahindra apart from Hyundai's offering. But volumes in this are slightly higher than those in the mid-segment, making it attractive, says Surajeet Das Gupta.
Fernando Alonso warned McLaren they were making him look like an amateur.
Volkswagen was the third largest automotive brand after Toyota and BMW in a 2015 listing of the world's top auto brands.
Check out the top 10 Indian bikes that rocked the sales chart for their manufacturers
McLaren's Fernando Alonso was involved in a heavy crash on the final day of pre-season testing in Barcelona on Sunday but is "ok and conscious", officials said.
The duty for two-wheelers and small cars has been brought down to 12 per cent in the Budget proposals, a move, two-wheeler manufacturers feel, would lead to unfair competition. "The excise duty on two-wheelers and three-wheelers should be brought down to 8 per cent," Chairman of Bajaj Auto Rahul Bajaj said.
"The comparison? I see still Ayrton winning the game because in the end Ayrton was such a charming guy and a personality. And obviously if someone loses his life and stays with us in the way of a legend, it's always something special. But I try to see it from a performance point and from a performance point, Lewis is going from one pole position to the next one and Lewis is going from one race win to the next one. Just like Ayrton did."
The lumbering Ambassador and Fiat cars, it ruled the Indian roads throughout the 1970s, while the Rajdoot and Jawa as well as the old Royal Enfield motorcycles trailed far behind.
Take the rediff business quiz and see how much you know about some of India's most popular cars
Maruti Udyog Limited, the country's largest carmaker, launched its premium sedan SX4 priced between Rs 618,000-689,000 (ex-showroom Delhi) on Monday.
In the domestic market, the car has been well accepted and currently the company has over 80,000 bookings for the model.
Red Bull's Max Verstappen celebrated his first Formula One pole position at the Hungarian Grand Prix on Saturday.
From Hyundai to Tata Motors, automakers are staring at a bleak future. With no succor provided in the Budget, the pain for companies is likely to continue for the next two quarters.
This car commemorates the first Jaguar XJ 1, which was launched in 1968 and was widely acknowledged at the time to be one of the best automobiles ever made
Offered with a 1.8-litre petrol and a 2.0-litre diesel option, the Elantra had a lot going for itself -- decent performance, good space, fairly reasonable dynamics and a good price tag.
Seeking to make a mark in the big car segment, the country's largest car maker Maruti Suzuki India will open bookings of its upcoming mid-sized sedan Ciaz from Wednesday.