Utility vehicle maker Mahindra & Mahindra Ltd expects to raise tractor prices in the next three months due to higher steel prices, a senior official said on Wednesday.

General Motors Corp, aiming to boost sagging sales, rolled out a major promotion for US dealers on Monday that includes employee-level discounts on almost all the Chevrolet cars and trucks in its showrooms.

Big cars may become more expensive if the government decides to go the Chinese way. The petroleum ministry is examining a possibility to further raise duties on big cars, mainly diesel-run SUVs.

Country's largest carmaker Maruti Suzuki plans to set up 8-10 new Institutes of Driving Training and Research (IDTR) and 110 Maruti Driving Schools (MDS) across India by 2010, with an aim to train five lakh people within the next three years.

Residents in Singur in West Bengal, who were once unhappy with setting up of the Tata factory in their area, are today thanking the authorities for having opened up new earning avenues for them.

The government is considering a proposal to consolidate auto component manufacturing units in Andhra Pradesh, Karnataka, Kerala and Tamil Nadu into hubs through a range of sops including affordable land, cheaper electricity and other infrastructure.

Utility vehicle major Mahindra & Mahindra (M&M) is readying its Plan B to enter the US market with its diesel-powered trucks and SUVs, where gasoline guzzlers are currently facing a slowdown.

According to a Reuter's report, General Motors (NYSE: GM) is finding "significant interest" in the assets it is trying to sell to raise capital.