Ford Australia boss calls it quits after job cutsPosted Aug 22nd 2008 2:30PM by Michael HarleyFiled under: Hirings/Firings/Layoffs, Ford, AustraliaAfter holding the title for just over six months, the President of Ford Australia has resigned and is moving to the United States to "fulfill a career dream." President Bill Osborne, who took the position only in February, insists his departure has noth... more.

New Delhi, 05 March 2008: More players in the automotive industry are coming up with price cuts, following the reduction of excise duties brought about by the Budget 2008-09. Now its Fiat's turn to reduce the prices of its flagship model - the Palio Stile. All the three variants of the Palio Stile - 1.1SL, 1.1SLE and 1.1 SLX - will now be cheaper by up to Rs 12,000, with e... more.

New Delhi, 13 February 2008: Tata Nano, easily the world's most talked-about car these days, will make its international debut at the 78th Geneva Motor Show in the first week of March.The five-door hatchback that costs just around Rs 100,000 ($2,500), making it the world's cheapest car, was unveiled in January this year at the Auto Expo in Delhi. "Nano would be among Tata Motors' exhibits at the s... more.

New Delhi, 13 February 2008: If the Budget 2008 cuts two-wheeler excise duties, it would leave Tata Motors very unhappy. According to sources in the auto industry, it is understood that any move by the finance ministry to lower the excise duty “only for two-wheelers” could be seen by the company as a give-in to the “two-wheeler lobby” to cushion it from the Nano impact. “It would change ... more.

Delhi, October 8, 2007: Maruti Udyog is all set to launch a new sedan based on the Swift platform in January next year, to replace one of its most successful models,Esteem. And that is not all. India's largest carmaker has put together an exciting array of models such as, the small car Splash, the SUV Jimny as well as a 'big' car (read Kizashi Concept) . A source close to the company confirmed tha... more.

New Delhi, July 18, 2007: Instead of the usual discounts to beat monsoon slowdown, bike-makers are going for better product mix to boost sales this year. The Country’s second largest twowheeler manufacturer, Bajaj Auto, has already firmed up plans to launch higher capacity bikes during this quarter. The new bikes would come in several variants with a price band of around Rs. 40,000. As quoted by... more.

Mumbai, Feb 21: Hyundai Motors' three-day car show, which was held in the city last week, is expected to provide considerable impetus to the company's sales for 2006.  The show drew around 20,000 visitors and 10 cars were booked during the Hyundai car show, totalling to Rs 60 lakh.    "In 2005, we sold around 1,000 vehicles. With the response to the car show from people here, w... more.

More rumors of a Chrysler sale, bankruptcyPosted Jun 30th 2008 3:23PM by Jeremy KorzeniewskiFiled under: Hirings/Firings/Layoffs, Chrysler, LLC., Earnings/Financials, RumormillDespite the fact that Chrysler shares are no longer sold on the stock market, rumors regarding the company's financial standing continue to haunt the number three domestic auto manufacturer in America. Last week, rumors rega... more.