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While the small wonder has been the love for many Indians since the product was launched by Tata Motors but the government is thinking of making the product as a replacement for auto rickshaws in various parts of the country.

Transport minister R. Ashoka recently said that the government is considering a proposal of buying 10,000 units of the Nano and renting them out in Bangalore.

The minister further pointed out the fact, that while the ratio of profit will be divided among the driver and the government in the ratio of 60:40, respectively.

After the market leader Maruti Suzuki clocked a million units in the last fiscal, the home-grown auto major, Tata motors will be joining it soon.

There is no denying to the fact that as Tata motors manufactures products in a range of segment unlike the case with Maruti Suzuki that it limited to passenger cars, a widely-expected ramp-up in the production of Nano will catapult Tata Motors and pitch it to a point to reap benefits of economies of scale.

While the Italian auto major bought its 500 to the Indian market much before Volkswagen launched its iconic model, Beetle but the recently released sales figures show the trend that the consumer are attracted more towards the Beetle.

However, Fiat is still buoyant about the success of the model and is thinking about re-launching its flagship compact marquee Cinquecento, popularly known as Fiat 500, in the next few months.

There is no denying to the fact that since Ford India had launched its hatchback model Figo in the Indian market, it has been able to take the market by storm.

While the product has received over 25,000 bookings in the past few months that followed the launch of the model, the company expects to clear the backlog of 6,000-7,000 units in a month's time.

The journey for the iconic motorcycle maker, Harley Davidson hasn't been as initially planned in the Indian market. After dealing with regulatory issues in order to get the excise duty down for the imported motorcycles, Harley has taken its own time to enter into the Indian shores.

However, after it has made an entry into the Indian market, the company is now ensuring that it get all its bets right in order to succeed in the domestic market.

Under a 10-year old dispute, the Delhi High Court has directed MRF to pay Rs 58 lakh to an advertisement agency.

While the dispute was over the services rendered by the ad agency to the tyre manufacturer, the contract was display of advertisements across the city among the two parties.

After MRF claimed that there was no contract between the two companies, a single member bench, comprising Justice Anil Kumar directed the domestic tyre manufacturer to pay the disputed amount to the agency after it found that there was a contract between the tyre manufacturer and the agency.