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Japan Court Denies Carlos Ghosn's Latest Bail Request
Bloomberg Team
Jan 16, 2019, 9:34 PM
Carlos Ghosn's latest bid to be released on bail was rejected by a Tokyo court, leaving the fallen car titan behind bars for at least another two months as prosecutors continue to build their case against him for financial crimes. Ghosn's lawyers had submitted the bail application last week after the former Nissan Motor Co. chairman was indicted for a second time, over allegations he transferred personal trading losses to the carmaker. Prosecutors have said his current period of detention lasts until March 10, but Ghosn's chief lawyer, Motonari Otsuru, flagged last week that the executive could remain behind bars until his trial, which could be six months away.
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  • 2019 Skoda Superb Corporate Edition Launched In India; Priced At Rs. 23.99 Lakh
    Sameer Contractor | Jan 17, 2019
    2019 Skoda Superb Corporate Edition Launched In India; Priced At Rs. 23.99 Lakh
    koda Auto has kick-started the new year with a bang with the launch of the Superb Corporate Edition in India. The Skoda Superb Corporate Edition is priced at Rs. 23.99 lakh (ex-showroom) and is exclusively for Skoda customers, according to the company. The Corporate Edition caters to the demand of a modern design, high degree of functionality and generous proportions, while being priced attractively. Skoda calls the special edition model a value for money proposition.
    1 min read
  • 2019 Detroit Auto Show: 2020 Volkswagen Passat Showcased
    car&bike Team | Jan 16, 2019
    2019 Detroit Auto Show: 2020 Volkswagen Passat Showcased
    The new 2020 Volkswagen Passat sedan has finally made its public debut at the ongoing North American International Auto Show a.k.a. Detroit Auto Show. The US-spec, new-generation Volkswagen Passat comes with a bolder design, new and updated technology, and enhanced convenience and driver-assistance features.
    1 min read
  • SIAM Expects Budget Council To Cut Tax Rates On CKD Components In The Upcoming Budget Session
    car&bike Team | Jan 15, 2019
    SIAM Expects Budget Council To Cut Tax Rates On CKD Components In The Upcoming Budget Session
    The move could give a strong push to the passenger vehicles sales which otherwise have been cruising in the slow lane in the second and third quarter of Fiscal Year 2018-19 and the industry isn't expecting the performance to improve significantly even in the last quarter. Moreover, luxury carmakers like Mercedes-Benz, BMW, Audi, Volvo and Jaguar Land Rover who generally use a high level of export components in locally assembled models would be the major gainers from such a move.
    1 min read
  • 2020 Toyota Supra Unveiled At 2019 Detroit Auto Show
    car&bike Team | Jan 15, 2019
    2020 Toyota Supra Unveiled At 2019 Detroit Auto Show
    After 17 years, the Toyota Supra is back and it looks oh so sexy! And no, it is not coming to India.
    1 min read
  • 2019 Maruti Suzuki Wagon R's Exterior Revealed In New Video
    Seshan Vijayraghvan | Jan 15, 2019
    2019 Maruti Suzuki Wagon R's Exterior Revealed In New Video
    We are just days away from the launch of the new-gen 2019 Maruti Suzuki Wagon R, and ahead of the official unveiling, the company has revealed the car's exterior in its latest video.
    1 min read
  • 2019 Maruti Suzuki Wagon R Bookings Open Ahead Of Launch
    Sameer Contractor | Jan 14, 2019
    2019 Maruti Suzuki Wagon R Bookings Open Ahead Of Launch
    The new generation Maruti Suzuki Wagon R is scheduled for launch on January 23, 2019, and ahead of its debut, the automaker has commenced accepting bookings for the all-new model. The third generation Wagon R is now available for bookings at any of the Maruti dealerships pan India for a token amount of Rs. 11,000, while customers can also book the model online on the company's website. The all-new Wagon R is not only based on a completely new platform but also packs in more features and more comfort over its predecessor. The new model is larger in proportions too over the outgoing version.
    1 min read
  • Nissan Kicks Deliveries To Begin In January 2019
    car&bike Team | Jan 14, 2019
    Nissan Kicks Deliveries To Begin In January 2019
    Nissan India has announced that it will begin the delivery of the new Kicks SUV in India this month itself.
    3 mins read
  • 2019 Mercedes-Benz GLS Spotted Testing
    car&bike Team | Jan 12, 2019
    2019 Mercedes-Benz GLS Spotted Testing
    It looks like that Mercedes-Benz has sensed the competition the upcoming BMW X7 could give to the GLS. And Mercedes is also aware of the fact that when people are spending oodles, they want something "extra-large". The spy pictures which have surfaced online completely substantiate that as the test mule of the 2019 Mercedes-Benz GLS looks as big a mammoth as the BMW X7. The revamped GLS will be unveiled in second-half of 2019 which was revealed in the official product roadmap which Mercedes-Benz published sometime back.
    1 min read