Stockholm - A final agreement was signed Monday to create a joint venture between Swedish heavy-vehicle maker Volvo and Eicher Motors in India.

Cologne, Germany  - Toyota's financial services arm, which lends to buyers of Toyota cars, says it has increased its German business 4 per cent in the past year and would this year mark 20 years of

Tokyo  -

Bajaj Auto has announced the results for the year and the three months

New York - Ford Motor Company will not meet its goal to return to profitability by 2009, hurt by rising costs and declining interest in its fuel-hungry trucks and sport utility vehicles, executives said Thursday.

The second-largest US automaker had pledged to again be in the black by next year, but that goal has been delayed and instead the company will likely break-even in
2009, chief executive Alan Mulally said in a statement.

Mahindra & Mahindra (M&M) has signed up a term sheet with Kinetic