Guess what? Maruti Suzuki might be riding a high wave with their production output surpassing the parent company itself but that does not stop India’s largest car manufacturing company to stop at it. Maruti Suzuki has been ruling the roost in the compact segment and it is a known fact that 2 out of every 3 cars sold in India is a Maruti Suzuki. Maruti Suzuki wants to further consolidate their position in the Indian car market and how?

German carmaker Daimler is selling its entire stake in India’s Tata Motors for up to $429 million, sources familiar with the matter said on Monday. Daimler was offering 25.6 million shares in India’s largest vehicle maker at 737.4 rupees to 761.3 rupees each, a discount of 4 percent to 7 percent below the stock’s Monday close of 796.75 rupees, sources said.

Mahindra and Mahindra, the maker of tractors and utility vehicles, whose foray into the car market in a joint venture with Renault has been marred by public spats over management control, has started calling back some of its top executives in the JV, a clear indication that the agreement with the French company could be nearing an end.

Car Manufacturer Honda Siel Cars India on Monday launched a select edition of Honda’s small car, the Honda Jazz. The new car has been priced at Rs 7.21 lakh (ex-showroom, Delhi). Honda Jazz was ruled to be the ‘Car of the Year’ and ‘Small Car of the Year’ at the NDTV Profit, Car India and Bike India Awards 2010.

Ford Motors Co. had started working on the small car, Figo in 2007 and the global unveiling was done in September last year. Ford India launched the Figo today in both petrol and diesel versions. Currently small cars account for over 72 per cent of the 1.22 million units sold in India. The Figo is based on the 'B' platform of cars which is Ford's new generation platform for small to mid-size cars around the world.

BMW India on Thursday launched two new variants of the best selling BMW 3 Series Sedan, the new BMW 320d Corporate Edition (Diesel) and the new BMW 330i (Petrol). The new cars will be available at BMW India dealerships across India from 25 February 2010 onwards.

Bernie Ecclestone has urged the Indian press and public to give Karun Chandhok time to settle into Formula 1 and get up to speed. Chandhok completed an eleventh hour deal with the new Hispania team, but will go to the Bahrain Grand Prix without any pre-season testing mileage.

Everybody is going green. Did you hear that? Everybody is going green at the Geneva auto show. In the past six or eight years, never has there been so much of a green talk. The 80th annual Geneva show has outdone all previous attempts. There are electric, hybrid and fuel cell cars like never before and everyone was exhibiting the green theme. Not just green, new technologies too were being showcased by many car makers. Let's see what Audi is doing.

India’s Karun Chandhok will partner Brazilian Bruno Senna, nephew of the late Ayrton, at Hispania for the 2010 Formula One season, the Spanish team announced on Thursday. The team director Colin Kolles confirmed that the driver’s team line-up was now complete with the Indian Karun Chandhok all set at the wheel of the car for their first ever season.

February was the best in the car industry. Buyers flocked into showrooms to get cars for themselves. The budget was to be announced in a short while and people feared the rise in prices. Everyone got their share of profit. Car buyers to the makers, everyone was delighted. The year began on a happy note. Here’s a note on the top 10 cars as of January 2010. Oh yes, when I say ‘top 10’, I mean the highest selling cars.

Nissan Motor Corporation unveiled its much-awaited low-cost compact car aimed at becoming a major force in the fast-growing segment, targeting global sales of 1 million units with the roll-out of a family of compact cars by 2013.