Archive for March 29th, 2007

Bajaj open to partner Tata for small car

Bajaj Auto, working on a`non-traditional light car concept`is open to partnering with Tata Motors, which is due to launch its Rs 1-lakh car, reports Economic Times.Rajiv Bajaj, MD, Bajaj Auto, (Q, N,C,F)* said that, Bajaj being a new-comer, a traditional car is out of its league. The company, claims to be doing something different and identifies synergies with Tata Motors . He said that, the company is open to talking to them. More

Courtesy:www.indiacar.net

HSCI appoints Natsume as Director Marketing

Carmaker Honda Siel Cars India (HSCI) today said it has appointed Tatsuya Natsume as its Director Marketing.

Natsume takes over from Hiroshi Shimizu who moves to Philippines as President Honda Cars, HSCI said in a statement. More
courtesy:indiacar.net

Indian auto market holds big promise for Nippon, Tatas

If media reports emanating from Japan are any indication, Nippon Steel and Tata Steel are all set to take their partnership to a new level. A JV between the two would make Nippon Steel the first among Japanese steel majors to set up shop here in India.

The reports also quoted a Nippon Steel spokesperson as saying, “We consider automotive-use steel to be a likely business area… but we are seeking various possibilities.” Tata Steel’s shares rose 0.7% to Rs 441 on BSE on Monday. Steel industry circles have been rife with speculation about a possible teaming up of the two Asian steel majors ever since Nippon Steel president Akio Mimura and Tata Steel’s Muthuraman met recently in New Delhi. more

Courtesy:www.indiacar.net

Tata Motors game for another greenfield unit

Tata Motors, which has three automobile units and two greenfield plants under construction, today said it will be setting up another brand new facility to meet rising demand. more

Courtesy:business-standard.com


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