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.

Jeep Compass, the first locally made product from the Fiat Chrysler stable and a hugely popular SUV in India, has hit its first speedbreaker.

Jeep Compass is available with two engine options - 2.0 Multijet II Turbo Diesel and 1.4 Multiair Petrol.

Fiat Chrysler Automobiles (FCA) India has opened bookings for its upcoming sports utility vehicle Jeep Compass.

With this, India has joined China, Mexico and Brazil as a manufacturing and export hub for the Jeep Compass.

Sales of SUVs and MPVs grew a staggering 30 per cent in 2016/17 over the previous year, while passenger cars rose 3.85 per cent and vans 2.37 per cent.

US President Donald Trump addressed business and trade issues on Monday. Following are the highlights of the day

The transaction highlights Samsung's efforts to break into the high-barrier automotive industry where it has little track record and also marks a strategic shift for the electronics company, which has previously shunned big acquisitions.

Jeep, the 75-year-old iconic brand, was launched by its parent Fiat Chrysler Automobiles (FCA) as direct imports for Indian customers, at the starting price of Rs 71.59 lakh (ex-showroom Delhi) to tap the surging SUV market in India.

It was the 10th session of range-bound trading, following a sharp rally in late June and early July that hit record highs and has left the S&P 500 up 6 per cent for the year.

The world's largest automaker said it would set aside 6.5 billion euros ($7.3 billion) in its third-quarter accounts to help cover the costs of the biggest scandal in its 78-year-history.

The world's largest air bag suppliers are eyeing a $2 billion opportunity thanks to tougher road safety rules in India.

The company will also launch a new model, Punto Abarth around the festive season as it looks to expand product portfolio in the Indian market.

The recalled vehicles covered by the agreement include Dodge Ram, Dakota and Chrysler Aspen trucks from model years as early as 2008.