Suzuki patriarch steps down from CEO post as mileage test storm grows

Suzuki patriarch steps down from CEO post as mileage test storm grows. Suzuki Motor Corp patriarch Osamu Suzuki is stepping down as chief executive and the Japanese automaker promised to cut......

Markets pose smart recovery in late trades; Nifty ends above 7,850

Despite recovery in late trades, benchmark indices ended marginally lower amid weak global cues, with auto shares leading the decline on failing an international safety test. Prospects of higher......

Royal gains: Lals sell 4.2% in Eicher for Rs 2,100 crore

At Rs 18,400 per share, value up 100 times since Lehman crisis Royal Enfield motorcycles-maker Eicher Motors’ shares, which have scaled Himalayan peaks over the past few years, went downhill......

Nissan to acquire 34% stake in Mitsubishi for over $2 billion

Japanese auto major Nissan Motor Co on Thursday announced plans to acquire 34 per cent stake in beleaguered compatriot Mitsubishi Motors Corporation for 237 billion yen (over $2 billion). Nissan......