Skoda to cut prices by up to Rs 51,500

NEW DELHI: Car maker Skoda India today said it will cut prices of its products by up to Rs 51,500 following the four...

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SKF To Shed 2,500 Jobs As Demand From Auto Industry Slumps

(Dow Jones) -- Swedish engineering group SKF said Wednesday that it will shed around 2,500 jobs and reduce the...

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Toyota to cut production in N.America

TOKYO: Toyota Motor Corp. said Wednesday it would further reduce production at several factories in North America,...

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Asian markets rise as Congress nears auto deal

Asian markets shrugged off negative economic news to rise Wednesday, underpinned by continued faith in government...

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GMAC extends deadline for tender offers

NEW YORK -- GMAC Financial Services says it hasn't raised enough capital to become a bank holding company and...

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