May 02, 2012 04:39 PM IST
Tata Motors and Fiat are to realign their Indian joint venture, formed in 2006, to boost sluggish sales of the Italian car maker and further develop the Fiat brand in the country.
- Apr 09, 2012 05:46 PM IST
Ford Motor Co is recalling 140,310 Focus cars from model year 2012 in the United States to repair a potential problem with the passenger-side windshield wiper motor, according to U.S. safety regulators.
- Mar 28, 2012 09:32 PM IST
Italian tax police said on Wednesday it had seized Italian assets worth more than 1.1 billion euros belonging to members of the Gaddafi family.
- Feb 23, 2012 09:30 PM IST
Premium textile major Raymond's auto components arm, Ring Plus Aqua, today acquired Pune-based Trinity India for Rs 54 crore. "We have picked up 78% in Trinity, for Rs 54 crore. We have bought out the entire promoters' stake and some large institutional investors," Raymond president (engineering division) Harshal Jayavant told PTI.
- Feb 14, 2012 09:20 AM IST
Strong demand for luxury Land Rover sports utility vehicles overseas, continued momentum for light commercial vehicles and rebound in sales of its passenger vehicles in the domestic market are expected to power Tata Motors' earnings in the third quarter.
- Jan 18, 2012 09:22 PM IST
Italian car maker Fiat said it will supply 100,000 more small diesel engines to Suzuki Motor Corp's Indian unit, in addition to those already licensed, amid strong demand in the Indian car market.
- Jan 06, 2012 01:50 AM IST
Italy's Fiat SpA has raised its stake in Chrysler Group LLC by 5% to 58.5%, meeting a final target set by the US government as the two groups move closer to creating one of the world's leading auto makers.
- Dec 01, 2011 03:30 PM IST
Tata Motors' total sales in November surged 41% year-on-year to 76,823 units, helped by strong pickup in passenger vehicle sales, especially the Nano and Indica. Its domestic sales were up 44% at 72,474 units during the month.
- Oct 14, 2011 08:25 AM IST
Japan's Suzuki Motor Corp said on Friday it had served Volkswagen with a notice of a breach of contract for not allowing it access to technologies promised as part of their partnership agreement.
- Oct 01, 2011 01:37 PM IST
Thinking of buying a car? Well there are discounts galore in the market. For instance, Hyundai Motor will pay for 200 litres of petrol if one buys a base version of Hyundai i20. There is free insurance and extended warranty on Hyundai’s i10.
- Sep 19, 2011 08:50 PM IST
A full takeover of Suzuki Motor by Volkswagen is seen as unlikely after the Japanese company sought a divorce from a two-year partnership with Europe's biggest automaker that was marred by disagreements.
- Sep 19, 2011 03:18 PM IST
Maruti told CNBC-TV18 that it has not heard anything about the offer VW has made to Suzuki.
- Sep 16, 2011 03:39 PM IST
The auto industry expressed shock at the latest Reserve Bank decision to hike key policy rates by 25 basis points today, saying the move will further dampen the already cringing demand and will pour cold water on the festive season.
- Aug 18, 2011 05:07 PM IST
Country's leading car maker Maruti Suzuki's exports may come down by 10,000 units in this fiscal due to the financial crisis in Europe, a senior company executive today said.
- Jul 22, 2011 08:26 AM IST
Italy's Fiat SpA bought the US and Canadian governments' stakes in Chrysler Group LLC, becoming the majority shareholder in the US automaker with the ability to appoint more board members.
- Jul 01, 2011 01:00 PM IST
Tata Motors’ total sales in June fell 1% year-on-year to 66,358 units as buyers continued to steer clear of the company’s passenger cars, despite new advertising campaigns and new Indica and Indigo variants launched in recent months.
- Jun 28, 2011 10:13 AM IST
Suzuki Motor Corp said on Monday it had agreed to buy 1.6-litre diesel engines from Fiat's powertrain unit to put on a car it will build in Hungary from 2013.
- Jun 15, 2011 11:35 AM IST
Mukesh Ambani's Reliance Industries is likely to pay advanced tax of Rs 900 crore in the first quarter (April-June), compared with Rs 650 crore tax it paid in the year ago quarter, CNBC-TV18 said quoting sources.
- Jun 15, 2011 08:00 AM IST
A public share offering for Chrysler is the easiest option as of today, the chief executive of Fiat and Chrysler said, as the two companies draw operationally closer.
- Jun 14, 2011 10:16 AM IST
Admitting that the joint venture between Tata Motors and Fiat has not been as active as planned, Tata Group Chief Ratan Tata has said the association needs to be critically examined to optimise its potential.
- Jun 03, 2011 08:55 AM IST
U.S. to sell remaining Chrysler stake to Fiat
- May 28, 2011 09:27 AM IST
Fiat SpA plans to exercise an option to buy the US Treasury's stake in Chrysler, which paves the way for the Italian automaker to clinch a majority share in the company by early next month.
- May 25, 2011 08:11 AM IST
Chrysler Group LLC on Tuesday paid back USD 7.6 billion in US and Canadian government loans from its 2009 bailout, a move that allows the US automaker to distance itself from an unpopular bailout and deepen its ties with Italian automaker Fiat SpA.
- Apr 16, 2011 03:55 PM IST
Italy's Fiat SpA is looking to pay around USD 1.5 billion for an additional 16% stake in Chrysler, which it hopes to buy in the coming months, three sources familiar with the matter said.
- Apr 08, 2011 08:02 AM IST
Fiat SpA is poised to lift its stake in Chrysler to 30% within the next two months, bringing Fiat another step closer to gaining majority control of the US automaker.