Auto Sector

Hyundai Launches New i10 With Its New Eco-Friendly 1.2l Kappa Engine

Hyundai Motor India Ltd launched new i10 powered by 1.2-litre Kappa engine at its plant in Chennai.

Continental rejects bid by German bearing maker Schaeffler

Berlin  - German motor industry supplier Continental Wednesday rejected a takeover offer from the Schaeffler Group, saying the bid by the family-owned bearing maker did not reflect its full value.

European car sales plummet on economic worries mount

Berlin  - European vehicle sales plummeted 7.9 per cent in June, data released Wednesday showed, with Asian carmakers helping to lead the fall as surging fuel prices and growing economic concerns h

Audi's new compact SUV in European showrooms this year

Ingolstadt, Germany - Audi has announced that its new compact SUV, the Q5, will be available in European showrooms by autumn 2008 with the basic model selling for 38,300 euros (60,000 dollars). 

BMW preparing to launch new flagship 7-Series

Munich - BMW is planning to launch its fifth generation flagship 7-Series at the Paris Motor Show in October with a sleek design to make the car look narrower than its predecessor. 

Citroen takes wraps off C3 compact van

Paris - Citroen has taken the wraps off its new C3 Picasso compact van that will be showcased at the Paris Motor Show in October this year and is scheduled for the European salesrooms in early 200