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Toyota to collaborate with other companies to make electric vehicles; but battery tech to remain in-house
News & Analysis

Toyota to collaborate with other companies to make electric vehicles; but battery tech to remain in-house

At the moment, Toyota is already working together with Mazda to develop a toolbox of components that the vehicle manufacturers can take advantage of when developing their own electric vehicles.

Mercedes-Benz guilty of price manipulation in after-sales services, says China
International

Mercedes-Benz guilty of price manipulation in after-sales services, says China

The Jiangsu Province Price Bureau, which launched its investigation last month, found evidence of anti-competitive practices after raiding Mercedes-Benz dealerships in the province as well as an office in Shanghai

Chinese car dealers cheer regulator's drive to curb brands pricing power
International

Chinese car dealers cheer regulator's drive to curb brands pricing power

Foreign brands including Jaguar Land Rover, Volkswagen AG's Audi, BMW and Mercedes-Benz are scrambling to lower prices for both new cars and spare parts in an effort to appease Chinese regulators who have accused some of them of anti-competitive behavour.<br />

Tata Motors loses 12%, Nifty ends below 5000 ahead of GDP data
Investing

Tata Motors loses 12%, Nifty ends below 5000 ahead of GDP data

The BSE and the Nifty fell 0.77% today making it a volatile day for traders. The star of the day was M&M which posted buoyant 44% profit while Tata motors stock plummeted owing to JLR margins.