Three-day Goodwood Festival of Speed begins on July 3, 2009

The Festival of Speed gets underway this coming weekend from July 3rd to 5th, 2009. Regarded more as a tribute to motorsport than as a serious race, it has been always described as a cross between the Monaco Grand Prix and Royal Ascot. This year it is going to play host to the 17th such event at Goodwood Park estate in UK and the theme this year is 'True Grit - Epic Feats of Endurance'.

for full story click here : Three-day Goodwood Festival of Speed begins on July 3, 2009

Mahindra Navistar Automotives signs MoU with BOI for vehicle financing

Mahindra Navistar Automotives Ltd. (MNAL), the commercial vehicle joint venture between M&M and Navistar Inc. of USA,on 1st July'09, has signed an MoU with Bank Of India (BOI) for vehicle finance.
for full story click here : Mahindra Navistar Automotives signs MoU with BOI for vehicle financing

Bright Autoplast commences second plant at Kancheepuram in Chennai

Bright Autoplast, a leading automotive component maker and a subsidiary of Sintex Industries Limited, has announced the commencement of its second plant at Kancheepuram near Chennai at a cost of approximately Rs. 27 crore.
for full story click here : Bright Autoplast commences second plant at Kancheepuram in Chennai

Porsche hybrid version of Cayenne SUV to be released by 2010

German luxury high-performance manufacturer, Porsche is all set to introduce globally the hybrid version of its mid-size luxury sport utility vehicle-Cayenne-by 2010. At the IAA 2005, Porsche announced it will produce a hybrid version of the Cayenne before 2010.

for full story click here : Porsche hybrid version of Cayenne SUV to be released by 2010

Pawan Ruia interested to buy out Tyre Corporation

According to reports in the media, the Calcutta-based Ruia Group, owners of Dunlop India and Falcon Tyres, is negotiating for acquisition of the ailing Union Government undertaking, Tyre Corporation of India Limited (TCIL), which has a tyre manufacturing facility at Kankinada in West Bengal.
for full story click here : Pawan Ruia interested to buy out Tyre Corporation

Commercial vehicles to witness a 1-2 per cent price hike during July 2009

Notwithstanding the JNNURM scheme and excise duty cuts and other sops implemented by the government, a number of commercial vehiclemakers like Ashok Leyland, Tata Motors et al are gearing up to increase prices of their products by 1-2 per cent ...
for full story click here : Commercial vehicles to witness a 1-2 per cent price hike during July 2009

Rolls-Royce Ghost likely to make appearance in India by 2009-end

Rolls Royce Motor Cars, the manufacturers of super-luxury Phantom, who had earlier said that it is banking heavily on the Indian market for pushing up its volumes, and is likely to launch its smaller ultra-luxury saloon -Ghost in the Indian market by the end of 2009.
for full story click here : Rolls-Royce Ghost likely to make appearance in India by 2009-end

Carnation Auto formally launches operations in 9 locations across 6 cities

Carnation Auto, the brain child of former CEO of Maruti Suzuki has a formal launch of its operations which offers one-stop, independent Multi-brand Auto Solutions Network for the Indian customers. Carnation Auto has been set up with a vision to develop innovative solutions
for full story click here : Carnation Auto formally launches operations in 9 locations across 6 cities