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JOINT VENTURE: Currently, the partners are scouting for a location to set up a greenfield plant.

JOINT VENTURE: Currently, the partners are scouting for a location to set up a greenfield plant.

Daimler, Hero to invest Rs 4,400 cr in JV

World's largest truck maker Daimler AG and India's Hero group on Monday said they will invest Rs 4,400 crore in the next five years through a joint venture to develop and manufacture commercial vehicles in India by 2010.

THE COST OF GOING GREEN: As the world waits for carmakers to go green, it

Going green costs big bucks

The auto industry hopes the govt will step in with incentives in developing greener technologies.

http://www.ibnlive.com/news/going-green-costs-big-bucks/55537-11.html

DRIVING IN MORE UNITS: BMW it sees the car market doubling by the year 2010.

BMW to race ahead of Daimler India

The world's largest premium carmaker, BMW, wants to race ahead of arch rival Daimler Chrysler in India by 2012.

http://www.ibnlive.com/news/bmw-to-race-ahead-of-daimler-india/21865-7.html

CLOSE TO A DEAL?: Mercedes were reacting to reports that it was close to acquiring the rest 60 per cent.

Mercedes may raise McLaren stake

Daimler Chrysler may raise its minority stake in McLaren, the world's fifth-biggest carmaker said on Wednesday.

http://www.ibnlive.com/news/mercedes-may-raise-mclaren-stake/18814-5.html

SLEEK BEAUTY: DaimlerChrysler

Mercedes's baby car comes to India

DaimlerChrysler's Smart is a popular model in Europe and might drive into India soon, though not right away.

http://www.ibnlive.com/news/mercedess-baby-car-comes-to-india/14939-7.html

EYE CATCHING: Smart will take more parking space in consumers minds, and less on the roads.

Chrysler to drive Smart in India

With crude prices shooting up, this fuel-efficient model from DaimlerChrysler might find more takers.

http://www.ibnlive.com/news/chrysler-to-drive-smart-in-india/14221-7.html

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