Auto Sector

Merkel government to legislate state's veto at Volkswagen

Berlin  - Chancellor Angela Merkel's government decided Tuesday to pass legislation which will cement a veto by the German state of Lower Saxony over key decisions at the Volkswagen auto company.

Eicher Signs JV Pact With Volvo; Stock Surges 20%

India’s largest commercial vehicle maker Eicher Motors (EML) has signed upEicher, Volvo Forms JV

Ashok Leyland inks three JV agreements with Nissan Motors

Heavy-vehicle maker Volvo and India's Eicher ink joint venture deal

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

Toyota financial services arm to mark 20 years in Germany

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

Toyota, Matsushita to hike production of batteries for hybrid cars

Tokyo  - Toyota, Matsushita to hike production of batteries for hybrid cars

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