The scale of the recall means it will be carried out in phases this year, beginning with the oldest vehicles, and owners may continue to drive their vehicles in the meantime.

Abarth was the 'mad' version of the Fiat Punto, a family hatchback. Under the hood, Fiat Punto Abarth was powered by the1368 cc petrol engine.

From hero to bad guy, the fall of Carlos Ghosn is dramatic. With him gone, Renault-Nissan-Mitsubishi, the world's largest automaker, looks set for a bitter boardroom tussle and an uncertain future.

GM and its rivals are facing rising bills for technological transformation, increased risks from U.S. trade policy and investors reluctant to fund their traditional product strategies.

The US.International Trade Commission (ITC) said in a statement that it was launching a patent-related investigation into the Indian automaker's ROXOR vehicle.

Alleging that it is nearly a copy of the iconic Willys Jeep, the US-based auto company lodged a complaint with the US International Trade Commission on August 1, stating that the design elements of Mahindra's Roxor infringes some key design elements of Jeep.

US President Donald Trump, who ahead of Friday's release of the gross domestic product report had promoted the notion that second-quarter growth would be robust, declared victory.

The Reserve Bank of India (RBI) has held the policy repo rate at 6% as the central bank's Monetary Policy Committee (MPC) raised the estimate for fourth-quarter inflation and flagged concerns about the future outlook for price gains.

The increase in price will be put into effect across the Volkswagen portfolio in India, the extent of hike depending on the model, Volkswagen said in a statement.