The 1997 world champion, Jacques Villeneuve, could be one step closer to a return to F1, after being linked to a drive with Stefan GP. Stefan GP still hasn’t been granted an entry to the Formula One championship this season but will test its car next week with, according to Autosport, Villeneuve at the wheel. Join discussion...

BMW India is planning to lease out cars to individual customers who are not willing to purchase cars. The luxury car maker will lease cars for specific periods and then take them back for re-sale. Join discussion...

Car sales entered the New Year on a strong note as low interest rates and positive customer sentiment continued to fuel demand for new vehicles. Fear of price hikes following withdrawal of stimulus incentives in the Budget also contributed to higher purchases in January. Join discussion...

After successfully conquering Europe with its hatchback A-Star, the country’s largest car maker Maruti Suzuki India is turning its eyes to the South East Asian market with its latest compact car Ritz. The company on Wednesday made the first shipment of 500 units of Maruti Suzuki Ritz to the Indonesian market. Join discussion...

Shanghai Automotive Industry Corporation Group (SAIC) is investing $500 million (Rs 2,350 Crore) for General Motors (GM) India stake. GM India has entered into a 50:50 joint venture with China's SAIC earlier this month to manufacture cars for both the Indian and export markets. Now it has sold 50 per cent of its Indian operations to SAIC for $500 million. Join discussion...

The used car business is growing at a very high pace and Hyundai Motor India is getting ready to make the most of the situation. It has started a new scheme that will concentrate on Hyundai Advantage - Hyundai’s used car business section. The company has started an exchange scheme and it buys all the cars of any make and any model under this scheme. Join discussion...

Jagdish Khattar led Carnation will start selling vehicle spare parts under its own brand by next year, even as the company plans to expand its used car business. Join discussion...

Cars have become a necessity and new as well as used car sales in India are soaring by the day. Many of them are first time car buyers and a few families are also adding a second or a third car to their garage. Join discussion...

Hyundai was awarded with 'EXIM Achievement Award' for the year 2008 for its outstanding achievement in the export-import category, at a function organized by the Tamil Chamber of Commerce (TCC). Join discussion...

The Indian car industry which has recorded a negative growth for seven consecutive months till January 2009 has not received any sops from the interim budget. But according to the new budget, 50% of expenditure for research & development (R&D) will now be funded by government for major automobile companies whereas small firms will still get 100% financial assistance for R&D. Join discussion...