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According to a new study, the cost of ownership for electric cars is much more than that of comparable diesel engine powered vehicles.

The new study by British Vehicle Rental and Leasing Association's Business Guide to Electric Vehicles showed that total cost of ownership for Nissan Leaf e-car is about £5,000 greater than an equivalent VW Golf BlueMotion 1.6 TDI over a period of three years and 36,000 miles.

Peerless General Finance & Investment Company is sponsoring Peerless Mutual Fund, which will be soon launching its first equity offering to primarily target the BSE-500 stocks.

"We are launching the equity fund at a time of macro-economic slide. We hope that there would be market correction soon", Peerless MF Managing Director & Chief Executive Mr. Akshay Gupta said.

He also cleared in his statement that the plans suggests funds to make investment in approximately 30 stocks picked from the BSE-500 list, and that too after making thorough research in 250 companies in this sector.

Auto maker, MINI, which is a part of the BMW group, is planning to showcase its latest addition to its line up, the MINI Coupe, at the upcoming Frankfurt Auto Show 2011.

The MINI Coupe is designed keeping in mind the driver's enjoyable experience. It is a two seat sports car with an extremely rigid body, bespoke suspension set up and aerodynamic components like an extending rear spoiler.

Auto maker, MINI, which is a part of the BMW group, is planning to showcase its latest addition to its line up, the MINI Coupe, at the upcoming Frankfurt Auto Show 2011.

The MINI Coupe is designed keeping in mind the driver's enjoyable experience. It is a two seat sports car with an extremely rigid body, bespoke suspension set up and aerodynamic components like an extending rear spoiler.

Mr. Carol Bartz was fired from the post of Chief Executive of Yahoo Inc. over performance issues, and for not being able to give better results to the web company.

The decision was taken on 11the hours and he was informed about his expel over phone. Sources near to Mr. Carol revealed that he was not expecting such move.

Be ready to see increased prices of Toyota cars from this October. The hike is due to increase in input cost and Japanese Yen appreciation.

The rise would be by 1 to 2%, revealed Deputy MD of Marketing Sector Toyota Kirloskar Motors, Sandeep Singh. He further revealed that prices for all cars would be increased except Liva and Etios Liva.

It would not be the first time that Japanese automobile makers would increase the price as they had already increased 1.5% in April and same percentage in July, as well.