Grafschaft-Gelsdorf, Germany  - A band of racing enthusiasts hopes to attract a well-heeled clientele to a new sports roadster named Veritas which revives the name of Germany's pioneering post-war

Tokyo  - Japanese car manufacturers aim to counter the twin challenges of climate change and spiralling oil prices with a range of affordable hybrid cars which run on both petrol and electricity.

London  - Owners of petrol stations in Britain are increasingly installing tyre-spikes on forecourts to stop drivers escaping without paying their bills.

Frankfurt  - Surging oil prices and growing inflation fears have hit German car sales, with figures released Tuesday showing a big slump last month in new registrations in Europe's biggest auto mar

Bangkok - In a bid to curb oil imports and rising inflation the Thai cabinet on Tuesday approved tax cuts on E85 (a bio-fuel mix of 85 per cent ethanol and 15 per cent petrol) and E85-using car mod

The utility vehicle and tractor maker Mahindra and Mahindra (M&M) has registered a growth of 15.5% in its total sales, which stood at 20,653 vehicles during May 2008, as compared to 17,079 in M