The Formula One Teams Association (FOTA) appointed Ferrari president Luca di Montezemolo as their first chairman on Thursday after an inaugural meeting at the Italian Grand Prix. The 10 teams set up the association to work with the governing International Automobile Federation (FIA) and commercial rights holders to find ways of improving the show while spending less and increasing revenue.
Ferrari will quit Formula One at the end of this season if plans for a budget cap for 2010 are not abandoned, the champions said on Tuesday.
Maruti Suzuki, the country's largest car manufacturer, on Monday indicated that it planned to launch a 660 cc car in the coming years. In Japan, the 600 cc range includes the Cervo Mode and the Alto.
The Polo will be showcased at the Auto Expo in Delhi in January 2010.
The $14-billion bailout package for the troubled United States auto industry has collapsed in the Senate amid dispute over the wages paid to workers of the troubled manufacturing giants, according to a media report.
McLaren's Heikki Kovalainen celebrated a shock maiden win at the Hungarian Grand Prix on Sunday after Ferrari's Felipe Massa suffered an engine failure while leading with three laps remaining.
Force India's second qualifying goal didn't materialise but lady luck smiled on them and Giancarlo Fisichella will start 15th while his teammate Adrian Sutil 16th after the Toyota cars were pushed to the back of the grid for Sunday's Australian Grand Prix for breaking technical rules.
The inventor of iPhone, Apple, for the second year in a row has topped the Fortune list of the most admired companies in the world, but no Indian company has made the cut.
Now it's the turn of Fiat to unleash its supermini, the Grande Punto, in to the Indian market. The Italian beauty is likely to be priced around Rs 6.5 lakh (Rs 650,000).
Tata group leapfrogged over 100 positions from last year's 124th rank in the annual 'Global 200: The World's Best Corporate Reputations' list, compiled by US-based Reputation Institute. The global list, which includes 10 other Indian companies, has been topped by Japanese auto maker Toyota, followed by US-based internet search giant Google, Sweden's Ikea, Italy's Ferrero and another American firm Johnson & Johnson.
Toyota's Timo Glock stole some limelight from championship leader Lewis Hamilton on Friday with the quickest time in free practice at the Japanese Grand Prix. Hamilton, who takes a seven-point lead over rival Felipe Massa into the weekend with three races left, was third fastest overall for McLaren, behind Renault's Fernando Alonso. Massa was fourth on the timesheets with Ferrari team mate Kimi Raikkonen fifth over the picturesque 4.563km Fuji Speedway circuit.
Almost 40 per cent of a durable company's sales are achieved during the festival season
On the eleventh anniversary of her father's martyrdom during the 26/11 terror attacks on Mumbai, Jui Karkare Navare remembers her father, Mumbai ATS Chief Hemant Karkare.
A tough and stylish SUV from Mahindra & Mahindra Ltd will hit the roads in September.
'Toll system can never end though the rates may vary from time to time. Toll is my brain child'
Billionaire Mukesh Ambani-led Reliance Industries has made it to the annual list of the world's 100 most respected companies compiled by the Wall Street Journal, topped by US-based healthcare products major Johnson & Johnson.
Petrol variants of the car are priced between Rs 6.38-7.09 lakh.
Maruti Suzuki India continued its grip in the passenger vehicles market in India with five of its models in the top ten best selling models in June.
In a news series, voters voice their aspirations and concerns ahead of the general elections.
Lewis Hamilton snatched the 2008 Formula One driver's championship from Felipa Massa at the Brazilian Grand Prix, but World Championship or not, the Brazilian, who finished second in the overall standings, is motorsport's new man.
Say lower duties could enhance demand.
The Bombay high court on Monday said it will hear the appeal filed by Bollywood actor Salman Khan against the five-year sentence awarded to him in the 2002 hit-and-run case from July 30 on a regular basis.
Indian businessmen and executives may not yet be the most meticulous executioners of management principles in the world. But when it comes to keeping the Gods and lady luck happy, they leave no stone unturned.
Maruti Suzuki is the big exception, with double-digit surge in volume
Apart from a pavilion of vintage cars, there will be a Bollywood corner
Automakers finish 2008 on a bleak note. Expect 2009 to be worse.
Champions Ferrari will be the first Formula One team to reveal their 2009 car with an unveiling scheduled for their Maranello factory on Jan. 12, the Italian team said on Monday.
Champions Ferrari will be the first Formula One team to reveal their 2009 car with an unveiling scheduled for their Maranello factory on January 12, the Italian team said on Monday. The wraps will come off Hamilton's new McLaren at that team's Woking factory in England on January 16, a day after Toyota launch their challenger on the internet.
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
Carmakers usually come up with such year-end announcements.
A new imported vehicle with F.O.B (freight-on-board) value of $40,000 or more with over 3,000 cc for petrol-run engine and over 2,500cc for diesel engine would be eligible for the easier norms, the directorate general of foreign trade said in a notification. Under the relaxed rules, imported vehicles which need homologation to make it suitable for Indian conditions, need not have a certification from an authorised body in the country of origin, as was required earlier.
Hybrids can get us to 100mpg, but only if we relearn how to drive, says Lisa Margonelli.
Ban on large diesel vehicles a transient phase, says Jaitley
Is India's infrastructure fit to absorb a sudden surge in cars?
I believe one of the reasons for Maruti's success has been its ability to strike a balance. We have borrowed the best in terms of Japanese technology, quality and work culture. At the same time, in our relationship with employees, partners and customers, we have been Indian to the core, says Shinzo Nakanishi.
Car makers are trying hard to boost sales in India.
Three models from Maruti Suzuki, as well as models from Mahindra-Renault, Chevrolet, Toyota and Honda have got top rankings in their respective segments in a survey for new-vehicle design and performance in India, according to J D Power Asia Pacific 2007 India Automatic Performance, Execution and Layout Study (APEAL) released on Wednesday.
Japan's Kazuki Nakajima will race for Williams next season, the Formula One team confirmed on Wednesday.
The radical styling that consists of 17-inch diamond-cut wheel rims and a chrome grill that comes with a sleek coupe-inspired profile -- the kind you'd expect to see in an Acura or a Lexus sports car -- make the Civic one of the best-looking cars on the road today irrespective of price.
Technology and operations management expert Elliott N Weiss discusses manufacturing, the trouble with too much automation, and the need to strike a balance between people and artificial intelligence with Ritwik Sharma.
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