Auto Sector

British petrol stations target fuel thieves with tyre spikes

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

Rising petrol prices trigger German car sales slump

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

Thailand drops taxes on ethanol fuel, ethanol-using cars

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

M&M May Sales Up 15.5% At 1,7079 Units

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

Norway's Think to produce electric cars in US

San Francisco - Norway's Think Global electric car company is to manufacture and sell a small, battery-powered vehicle in the US by next year, backed by a Silicon Valley venture-capital, the Wall

M&M Q4 Net Drops 6.3% On High Input Costs

Mahindra and Mahindra (M&M) has declared the results for the year and Mahindra & Mahindra

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