Shariq MajeedShariq Majeed, TNN | Feb 13, 2012, 02.48AM IST | | | | | | | ATAM NAGAR: For businessman Rajeev Mehra's birthday this year, his son Sahil is going to come from Delhi, his daughter Vasudha is going to bunk college classes and his wife Seema is going to gift a Toyota Etios car. Rajeev's birthday, clearly, is a family event they wait for with a lot of expectation, more so because it comes only in leap year.

Feb 13, 2012, 12.03AM IST NEW DELHI: The entry-level segment of the Indian passenger car market shrunk in 2011, perhaps for the first time in many years, and saw its market share dip below 50%.

If all you ever crave is interior functionality and cheap prices, the Avanza is the one to go for Published: 13/02/2012 at 12:00 AM Newspaper section: Life Tweet One may be quick to point out that Toyota's new Avanza is merely an updated model of the first-generation model launched in 2004.

STATUS SYMBOLS:Jakarta residents are buying new cars to flaunt their wealth, even though they are becoming next to useless for commuting in gridlocked traffic AFP, JAKARTA Automakers from Japan to India are eyeing a bonanza in Indonesia, Southeast Asia's largest economy where a newly wealthy middle class are splashing out on cars like never before. With the economy growing at a brisk 6.5 percent a year, more Indonesians

By BERNIE CAHILES-MAGKILAT February 13, 2012, 12:45am MANILA, Philippines - Motor vehicle sales in January fell 20 percent over December 2011 spooked by the remaining effect of the Thai flooding coupled by the seasonally-lower sales in the first month of the year, preliminary data from the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) showed. The preliminary data showed there were 8,296 units sold in the first month

JAKARTA - Automakers from Japan to India are eyeing a bonanza in Indonesia, Southeast Asia's largest economy where a newly wealthy middle class are splashing out on cars like never before. With the economy growing at a brisk 6.5 percent a year, more Indonesians are climbing into the middle class, hungry for cars and other status symbols their newfound wealth affords. It is welcome news for automakers who, starved of sales in the ailing

February 12, 2012, 12:08 PM EST Business Exchange E-mail Print More From Businessweek BMW Fights Mercedes With New Fuel-Efficient 3-Series Sedan: Cars FordБ─(tm)s Mulally Says Not Retiring as Two Executives Depart Faster Frequent-Flier Screening Coming to 28 More Airports VW Said to Consider Proton Partnership for Malaysia Car Hub BMW Likely to Boost U.S.

By AL SWANSON CHICAGO, Feb. 12 (UPI) - Toyota Motor North America President Yoshimi Inaba says he thinks "it's a good time to be in the auto business." Toyota has had its share of difficulties in recent years, from recalls to lawsuits over unintended sudden acceleration claims to the fallout from last March's devastating earthquake and tsunami that rocked Japan. GM surpassed Toyota and Volkswagen to regain the title as the No.

February 12, 2012, 10:33pm MANILA, Philippines - Top local companies have banded together for the 10th edition of the Federation of Philippine Industries, Inc.

February 12, 2012, 10:23 AM EST Business Exchange E-mail Print More From Businessweek Asian Stocks Gain for Eighth Week on U.S. Jobless, Greece Pact Sony Incoming CEO Hirai Vows Б─≤PainfulБ─(tm) Steps to Cut Costs Kirin Forecast Misses Estimates on Australian, Japan Declines Japanese Manufacturer Exchange-Rate Forecasts Sony Credit Rating Cut by S&P on Concerns About Earnings By Dave McCombs Feb.