Asia, Cars | featured news

Several of India's car makers reported a drop or a modest increase in sales for December, despite year-end discounts and the recent introduction of new models.

Despite an unexpected slowdown in sales earlier this year, the Chinese auto market is expected to hit an industry-record 20 million vehicles this year – prompting manufacturers to announce billions of dollars in new factory investments designed to keep up with booming demand.

The US is fast being replaced by China in high end spending. China is likely to pass the US and become the No. 1 market for Lamborghini later this year, company CEO Stephan Winkelmann told Reuters this week.

When the Tata Nano - known as the world's cheapest car - zipped out of factories in 2009, it was praised as an example of Indian innovation in cost-cutting. It quickly became a cult hit, with its own Facebook travelogue journal and fast-selling counterculture T-shirts.

Why GM's future is in Asia.

China overtook the United States as the biggest auto market in 2009 and automakers should see more strong growth this year, an industry group reported Friday.

China's love affair with the automobile is thriving despite the global recession, and it's changing the way people live here ...

Urban visionaries in London and Seoul, two of the world's busiest capital cities, foresee buses gliding through their streets with speed, ease and efficiency - without emitting the exhaust fumes that scientists say are contributing to global warming. Under Mayor Boris Johnson's vision, London's iconic red double-decker Routemaster buses would be back on the streets - but powered by electricity, not gasoline.