General Motors' chairman Dan Akerson is worried at the chances of another economic recession, he said Thursday in an interview with the Financial Times Deutscheland.

"There is a danger of a new reces

Indian car sales slid almost 16 per cent in July from a year ago, their biggest drop in nearly three years, as high interest rates kept buyers out of the showrooms, data showed on Wednesday.

Car sale

Demand for auto sales in India is expected to skid more than predicted, an industry body said, as rising interest rates and fuel prices force consumers to tighten purse strings in the World's second-f

New Delhi: Tata Motors on Thursday said it has launched new diesel and petrol variants of its hatchback Indica, priced between Rs. 2.95 lakh and Rs. 3.95 lakh (ex-showroom, Delhi).

The company claime