The company has purchased 43 per cent stake from its Chinese partner Shanghai Automotive Industry Corporation Group for an undisclosed sum.
Fisker Automotive is an American car company, founded in 2007.
We bring you a list of the top 10 cars that scored the best in the month of November 2012.
Utility vehicles maker, Mahindra and Mahindra (M&M), is considering reinstating the entire staff laid off by South Korean sports utility vehicle (SUV) manufacturer Ssangyong Motor Co in the next two to three years, according to M&M president (automotive and farm equipment sectors) Pawan Goenka.
Glass company Asahi India Glass Ltd on Friday said it would invest Rs 50 crore (Rs 500 million) in setting up a plant to manufacture automotive safety glass in Chennai.
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
Tata-owned Jaguar Land Rover plans to generate 4,500 manufacturing and engineering jobs in London over next five years, JLR executive director Mike Wright has said.
Concepts cars placed at the heart of imagination and reality, play significant roles in automotive shows for automakers and visitors.
The electric vehicle will be a part of Michelin Challenge Design display at the event.
MSI had around 3,300 workers at the Manesar plant before the July 18 violence, in which one executive was killed and 100 injured.
Industrialist Pawan Ruia's (think Dunlop and Jessop) arrest this month for cheating and criminal breach of trust marked a new low, but the tide had been turning against him for a while now. Ishita Ayan Dutt & Avishek Rakshit report.
The auto component industry caters to automobile industry through a whole gamut of auto parts such as engine parts, body & chassis, electrical parts, drive transmission & steering parts, braking, suspension etc.
The world's largest automaker is jilting America's Super Bowl for the global variety of football.
Toyota Enterprises, the non-automotive arm of Toyota Group, has entered into a joint venture with the Bangalore-based Hyagreev Hotels, which runs The Chancery Hotel in Bangalore. Toyota Enterprises operates a chain of hotels in Japan, and this is its first project away from home.
Already reeling under a demand slump, automobile manufacturers have expressed disappointment over the RBI's decision to hike short term lending rate saying it is likely to impact the interest rates on car and automobile loans further.
While customers in metro cities are still buying cars, quick growth is likely only from upcountry markets, where highways and roads are being built, and discretionary income and aspirations are rising.
Following the re-entry of French car maker PSA Peugeot Citroen, the erstwhile sleepy town -- already home to Tata Motors' manufacturing plant for small car Nano -- finds itself along the country's prominent auto hubs like Pune in Maharashtra and Sriperumbudur in Tamil Nadu.
Society of Indian Automobile Manufacturers lowered car sales growth projection to just 1-3 per cent for this fiscal from the 9-11 per cent announced in July.
Sundaram Fasteners Ltd, India's largest maker of nuts and bolts, said on Wednesday it will begin commercial production in April 2004 from a new plant it is setting up in China.
Built by Mumbai-based designer Dilip Chhabria, the prototype of the 'AMV8 Vantage Concept' car was unveiled at a glittering show on Monday.
The new hires will work in cutting-edge domains of artificial intelligence, machine learning, IoT, natural language processing, camera technology and 5G networks.
Haresh Chawla, group chief executive officer of Network18, on Thursday put in his papers. And Rajesh Jejurikar, Mahindra & Mahindra's chief executive for the automotive division, will join Zee Entertainment Enterprises (Zee) as president.
The Renault Scala boasts of a 1.5 litre HR15DE 100 PS petrol engine with 98 bhp and a 1.5 litre K9k turbo diesel engine that will put out 85 Bhp of sheer automotive power. Currently hitting the market with the five-speed manual gearboxes, the Scala is expected to go automatic in 2013
Mercedes-Benz plans to sell more compact cars.
With only 11 categories, they had better be the best of the best. Here they are...
lobal output returning to its medium-term growth rate of 4 per cent
High lending rates, fuel prices, higher input costs and labour trouble impact profitability.
Satyam Computer Services Ltd, said on Monday it will buy out the 24 per cent stake held by Northrop Grumman Space and Mission Systems Corp, formerly known as TRW Inc, in a joint venture, for $3.5 million.
Spoilt for choice? More car brands heading this way.
The company had launched a couple of vehicles earlier this year.
With petrol costs going through the roof, it may not be too long before a diesel suberbike hits the Indian roads.
Pawan Goenka did not offer any details on the new models or launch dates.
Mahindra & Mahindra is presently working on completing the deliveries of the 7,200 bookings that were made through a lottery that followed the inordinate demand of XUV 500.
The import of car tyres surged in April-June as compared to the same period last year, but those of truck and bus tyres fell.
An expected drop in sales may prompt Mahindra & Mahindra to cut scheduled capacity expansion plans, if the government goes ahead with the imposition of additional tax on diesel vehicles, according to the country's biggest maker of sports utility vehicles.
Maruti Suzuki, Hyundai, Honda Cars and Tata Motors posted single digit growth during the period under review while M&M reported decline in sales.
By 2022, the entire job landscape would undergo drastic change.
McLaren F1 is a supercar designed and manufactured by McLaren Automotive.
Indian car market is crucial for any carmaker to maintain an upper hand in automotive industry dynamics.
Celerio was launched at a time when the Indian automotive market was going through a transition.
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