In reaction to the patent granted to Bajaj Auto for its ExhausTEC invention, TVS Motor Company's President Marketing, HS Goindi told Business Line that his company had neither infringed the patent nor would the grant of patent have any affect whatsoever on TVS' business, as "none of the products of the company utilize the said technology."

Munich - German officials are increasingly reluctant to arrange a separate rescue deal for the German subsidiary of General Motors (GM) after concluding that it has no assets, a news magazine reported Saturday.

At the same time, both German labour leaders and the chief executive of GM Europe insisted serious talks were still being pursued to bring in an outside investor at the Opel volume carmaking unit.

The magazine Focus quoted an unnamed German minister saying Opel's patents, plant and real estate had already been mortgaged to the US government and US banks as security for loans, and could thus not be acquired by a new investor.

The overwhelming response to Tata's Nano can be gauged from the fact that there is an unprecedented customer excitement at the showrooms of car dealers for enquires as well as bookings of the small wonder! People are reportedly flocking the car showrooms to get hold of the booking forms!

However, all the frenzy surrounding Nano has put the dealers in a fix - more so as there is a constriction with regard to the production of the car, and dealers are already at their wits' ends about how to cope with the highly built-up customer demand for the reasonably-priced Nano.

The manufacturer of luxury automobiles and sports cars – Porsche SE is set to expand its operations in India. The Stuttgart, Germany based Porsche is planning to increase its presence in the automobile market in India. 

Porsche, which is known for its Cayenne SUV and sports cars like the 911, Boxster and Cayman, is presently selling its automobiles in India via import route. The company is now planning to expand the number of its dealerships to 11 beyond the present Delhi and Mumbai showrooms. 

The motorcycle sales figures reported Thursday by the two-wheeler maker Bajaj Auto indicate that the month of March saw a 14.40 percent drop - from the earlier-year figures of 1,54,443 units to 1,32,210 units. Nonetheless, the drop in March motorcycle sales happens to be lower than the December levels, when the company sold merely 61,546 units.

For the third month in a row, the March sales of automobiles have been better-than-anticipated, bringing a reported 21.87 percent increase in the total sales of Maruti Suzuki India (MSI) during the month. A year-on-year comparison between the sales figures for March indicates that the sales jumped from 70,296 units last year to 85,669 units.