The auto market in US is flooded with gas guzzling vehicles, especially SUV's; however a new law in the US could help change this situation, also presenting Indian auto manufacturers with an opportunity to present their fuel saving small economical cars.
Japanese auto company, Suzuki Motor Corp is reportedly contemplating buying as much as 5% stake in Maruti Suzuki from open market. The plan, which has seen a lot of delays due to many counts, could result in an increase of 59% in Suzuki's stake in Maruti.
Mahindra & Mahindra to release celebration edition Xylo Corporate Advantage that will be offered in a Pearl White finish, apart from other luxury features.
Mercedes Benz is getting ready as they plan to launch their lease car business by year end. These Mercedes Benz cars in India will be leased only to corporate houses in the beginning.