Archive for November 26th, 2007
The Indian power bike segment is hotting up. Suzuki Motorcycle India (SMIPL), a 100% subsidiary of Japan’s Suzuki Motor Corporation, is all set to introduce premium-powered bikes between 125-175cc in the country. The bikes will be exhibited in the upcoming Auto Expo 2008.
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Courtesy:economictimes.indiatimes.com
Fiat-Tata JV will have new Board in a month
0 Comments Published November 26th, 2007 in Fiat India, Tata Motors.
Italian auto maker Fiat on Monday said a 10-member new Board will soon take over to steer the unnamed joint venture with Tata Motors in Ranjangaon, Pune.
“The Board will have 10 members in all and with equal participation from both the parties. The new Board will take over in a month,” Fiat India’s newly appointed […]
Tata Capital likely to buy 32% stake in Precision Cam
0 Comments Published November 26th, 2007 in Tata Motors.Tata Capital, the financial services arm of Tata Sons, is learnt to be closing its first private equity deal. The company, formed in June 2007 to mark the group’s re-entry into financial services, is learnt to be in advanced stages of discussions with Solapur-based auto component manufacturer Precision Camshafts for buying a 32% stake for […]
Hinduja Group flagship company Ashok Leyland plans to launch its next-generation commercial vehicles with state-of-the-art technology in the next two to three years.
Using its in-house R&D set-up, the company is developing electronic shift-by-wire transmission technology and electronic-controlled engine management systems to take fuel efficiency to a new level. It will also be launching a range […]