BMW boss Harald Krueger faints at auto show press conference

Last Updated: Tuesday, September 15, 2015, 15:50

BMW chief executive Harald Krueger fainted Tuesday during a press briefing at the IAA auto show in Frankfurt, forcing the German carmaker to halt the presentation, an AFP photographer reported.

Toyota sees European sales marginally lower in 2015

Last Updated: Tuesday, September 15, 2015, 08:36

The Japanese auto group, which counts 56 countries, including Israel and Turkey, as part of its European market, sold 888,000 vehicles in the region last year.

Toyota sees European sales marginally lower in 2015

Last Updated: Tuesday, September 15, 2015, 07:29

Toyota Motor Corp expects sales in Europe to fall slightly this year as higher deliveries in the western part of the region are unlikely to offset a sharp drop in Russia,

Amtek Auto shares continue to rally; surge 13%

Last Updated: Monday, September 14, 2015, 18:52

Shares of Amtek Auto surged 13 percent Monday as promoters infused Rs 75 crore in the company and on news that it is considering selling non-core business, minority stake in overseas firm and some industrial real estate assets within the business to overcome the financial crisis.

Skoda launches Octavia 'anniversary edition' at Rs 15.75 lakh

Last Updated: Monday, September 14, 2015, 13:40

The vehicle also comes with some additional features like rear view camera, keyless entry and engine start stop, rear side airbags and gearshift controls on the steering wheel, it added.

German carmakers party under China cloud

Last Updated: Sunday, September 13, 2015, 15:58

For the home team of BMW, Daimler and Volkswagen, as well as European rivals such as PSA Peugeot Citroen, China`s downturn also threatens to weigh on already weak emerging markets and put a damper on recovering demand at home.

Considering selling non-core biz, real estate: Amtek Auto

Last Updated: Friday, September 11, 2015, 22:41

Troubled auto components maker Amtek Auto is considering selling of non-core business, minority stake in overseas firm and some industrial real estate assets within the business to overcome financial crisis it is facing.

Amtek Auto jumps 54% as promoters infuse funds

Last Updated: Friday, September 11, 2015, 18:08

Shares of Amtek Auto shot up nearly 54 percent Friday as promoters infused Rs 75 crore in the company amid regulator Sebi probing alleged rigging of stock of its subsidiary.

Ford to expand Chennai plant; set up global engg, tech centre

Last Updated: Thursday, September 10, 2015, 22:12

US auto major Ford Motor Co Thursday confirmed fresh investments to expand capacity at its manufacturing plant here besides setting up of a new global engineering and technology centre.

Govt sending conflicting signals on reforms: Rahul Bajaj

Last Updated: Wednesday, September 9, 2015, 19:40

Noted industrialist Rahul Bajaj Wednesday criticised the Modi government saying it was sending conflicting signals on reforms and asked BJP to extend its hand of friendship to Congress to end the deadlock in Parliament.

Selloff in Amtek Auto counter; stock down over 11%

Last Updated: Monday, September 7, 2015, 18:23

Amtek Auto shares continued to witness selling pressure and settled for the day down over 11 percent to close at Rs 29.10, as concerns related to debt worries haunted investors.