
Iran Khodro (IKCO) is confirming it received a visit just days ago from former French Prime Minister Michel Rocard, as the tension surrounding European Union-imposed sanctions shows no sign of easing.

Nissan Motor plans to launch at least two cars in India's most competitive auto segment - below 'INR4 lakh' (INR400,000 or US$7,100) - through its recently revived Datsun brand by 2014.

A single plant closure by each of General Motors and PSA - Bochum and Aulnay - "is not going to be enough for the current market situation", an analyst has said.

Ford India has spent US$72m to increase annual diesel engine production at its plant near Chennai to 340,000 units from 250,000.

Alex Ben Block HD Net becomes AXS in early July in partnership with Ryan Seacrest, AEG and CAA on a network that wants to be to music and pop culture what ESPN is to sports.read more

Anonymous Nobody gets fired by accident -- especially the creator of a television show.read more

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