A new Chevrolet Model was launched by General Motors (GM) India, a wholly-owned subsidiary of US car maker General Motors Corp, as part of its centenary year celebration by brand ambassador Saif Ali Khan on Thursday .The car with the 'Bada Dil Badi Car’ slogan is priced between Rs 3.98 and Rs 5.11 lakhs.

Quoting Vice President GM Motors India P Balendran "The new Chevrolet U-VA brings superlative value and additional safety, security and luxury to our customers, which is in line with our commitment to provide best-in-class products and services”.

In a tiff to prove ownership of land in Gujarat, where the automobile giant Tata Motors is planning to construct its Nano project, a group of farmers from the gathering villages have pulled their socks up to fight a legal case against the automobile giant. Apparently, the farmers were not at all happy with the concessions being given to Tata Motors.  

Adding more, on Wednesday, a Public Interest Litigation (PIL) was also filed in the Gujarat high court. 

Swedish luxury car maker, Volvo, launched a new sports utility vehicle (SUV) XC90 on Wednesday. It is also planning to launch XC60 model in Indian market. 

XC90 sports model can be availed at Rs. 58 lakh. It supports a strong engine having 32 valve and 4.4 liter patrol capacity. It is available in five colors. XC90 is equipped with a number of luxury and safety features having sport-tuned chassis, sports calibrated steering and sophisticated stability control techniques.

The Indian Automobiles industry will soon touch a new high with major players gearing up to make their place in the market of the middle and upper middle class Indians. 

As if endorsing such a thought the Vice-President (marketing) Honda Siel Cars India , the Indian subsidiary of the Japanese Car Makers 'Honda' Mr. Jneswar Sen said "We are designing a small car which will be launched a few years down the line". 

Washington - Harley-Davidson Inc, the largest US motorcycle maker, Thursday reported a 37-per-cent drop in its third-quarter profits amid a slowdown in its global bike sales and the ongoing credit crisis.

Revenue for the quarter was 1.42 billion dollars compared to 1.54 billion dollars in the year ago quarter - a 7.7-per-cent decrease. Net income for the quarter was 166.5 million dollars compared to 265 million dollars in the third quarter of 2007, a decrease of 37.1 percent, a company statement said.

Tokyo - Japan's second-largest automaker, Honda Motor Co, said Thursday that it sees no need to revise its earnings projections for the current fiscal year despite worries about a global economic slowdown.

The remarks by Honda President Takeo Fukui came after his counterpart at market leader Toyota Motor Corp said the business outlook for the automotive market was "very severe."

As world stock markets fall as part of the global financial crisis, consumer spending has been affected, Toyota President Katsuaki Watanabe said.