Leading auto-major, Mahindra & Mahindra (M&M) have added another feather to its cap.

The much-awaited Mahindra XYLO was launched on Tuesday by M&M Ltd at its Nashik plant.

Seoul - Cash-strapped South Korean carmaker Ssangyong Motor Co on Tuesday halted production for an unspecified period as its suppliers cut deliveries.

Production was stoped at its vehicle and motor plants at Pyongtaek, about 60 kilometres south of Seoul, the company said.

Several component suppliers halted deliveries, fearing that the SUV maker would not pay its bills after a court on Monday froze Ssangyong's debts, assets and obligations.

Ssangyong, the smallest of South Korea's five carmakers, on Friday filed for bankruptcy protection, and a court decision is still outstanding. If rejected, the company, which is 51 per cent owned by China's Shanghai Automotive Industry (SAIC), faces breakup.

Detroit  - General Motors Corp cannot rule out the possibility that it will need another cash injection from the US government, which threw ailing automakers a lifeline late last year, GM's chief executive Rick Wagoner said at the Detroit auto show on Monday.

Wagoner also suggested he was open to raising petrol taxes in the United States, which are far lower than in Europe, if it could help the US car industry complete the shift to fuel-efficient vehicles that are more common in other countries.

Detroit  - Toyota Motor Co on Monday unveiled the third version of its best-selling hybrid car, the Prius, one day after Honda Motor Co launched a similar car it hopes can eat into Toyota's commanding share of the hybrid market.

The 2010 Prius, which Toyota says is more fuel-efficient than any other car on the market, was the highlight of this year's North American International Auto Show in Detroit, a toned-down affair as automakers leave behind one of their worst sales years in decades.

Detroit  - General Motors Corp cannot rule out the possibility it will need another cash injection from the US government after the Bush administration threw ailing automakers a lifeline late last year, GM President Frederick Henderson said at the Detroit auto show on Monday.

GM and Chrysler were given a 13.4-bilion-dollar loan from the government through the end of March, and Henderson said he could not say whether additional help would be need after that.

Chief Executive Rick Wagoner earlier also did not rule out that possibility.

TATA Group has approached Citigroup for assistance in getting funds for Jaguar and Land Rover acquisition from the British government. The company has requested British Government for about one billion pound funds to bail out JLR and secure the future of its employees.

TATA reported significant decline in Land Rover sales following low demand due to international financial crisis. The American bank Citigroup was also the advisor in the $2.3 billion JLR acquisition case.