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Mahindra is planning to launch the MPV version of Xylo named as Xylo Mini by the end of this year and hopes to meet surplus demands of the car in the Indian market.

Maruti Suzuki announces a decrease in export of diesel engines to Hungary, as they plan to concentrate more on the Indian auto market.

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.

Yesterday afternoon, the first new Range Rover Evoque was ready for sale, hot off the assembly line at the company's facility in Halewood, UK. The company validated on Monday that they plan to increase their expenditure on products for the following five years by 1.5bn Euros per annum, instead of their earlier set target of 1bn Euros per annum.

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.