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In a major relief for a number of automobile manufacturers, the Supreme Court lifted the ban on registration of new diesel vehicles with a displacement of 2000cc or more. The news comes barely a few days after Mercedes-Benz had filed an affidavit in...

Thailand wants to be the Detroit of Southeast Asia   BANGKOK – Thailand’s political stalemate is cutting into foreign car makers sales and undermining the appeal of Southeast Asia’s largest auto-production hub. Rising wages...

Acura Luxury Automobile Vehicles Acura Industry Automotive Founded March 27, 1986; 30 years ago Headquarters Minato, Tokyo, Key people Jon Ikeda (Senior VP and General Manager) Erik Berkman (Executive VP, Acura Business Planning Office) Products...

Developed in Europe, delivered to the world Toyota delivers significant improvements in new 2014 Yaris New exterior and interior styling with a focus on more distinctive design and sensory quality Improved powertrains delivering better fuel economy...

Source: The Economic Times, Oct. 27, 2013 India’s Rs 3,40,000-crore automotive industry has a big problem this Diwali. Sales are down, customer discounts are steep, inventory is high, plant shutdowns are routine, and layoffs rampant. “This...