Ouchmytoe Auto

Emkay recommended a BUY on Tata Motors (CMP: Rs 754) with a target price of Rs 905.
The analysts at Emkay say that Tata Motors` (Q, N,C,F)* 3QFY08 standalone results were below their expectation at net profits by around 6%. While net sales at Rs 72.5 billion was in line with the estimates, the operting performance […]

Tata Motors will soon be pitted against the famed British Land Rover, the company it is all set to acquire along with Jaguar. Both companies are competing for the Light Specialist Vehicle (LSV) for the Indian Army.
While Tata Motors has developed the Tata LSV — a Humvee type all new military vehicle, which is close […]

The ?46-billion global automotive component major Robert Bosch GmbH has established a joint venture with the Chennai-based Igarashi Motors India Ltd (IMIL) to develop and manufacture DC motors and systems for wiper, HVAC (heating ventilating and air conditioning), engine cooling and window lift applications. Bosch will hold 51 per cent shares, while the rest will […]

Ford Motor and its partners plan to invest an additional $58 million in their China car venture to help fund its expansion, Chinese partner Changan Automobile Co said on Thursday. The number two US automaker will invest $20.3 million in Changan Ford Mazda, a three-way tie-up with Mazda Motor Corp and Changan Auto, the Chinese […]

Ford Motor Co. has confirmed that its new subcompact car will be called the in markets worldwide.
The car was designed in Europe and will go on sale there this fall in three- and five-door hatchback styles. Other versions of the Fiesta, including a four-door sedan, will be sold in North America, Asia, South Africa and […]

Daimler predicted on Thursday that India, China and Russia would provide the main impulse for growth in the automotive sector in 2008, in the face of flat demand in Europe and a depressed North American market as a result of falling house prices.
Posting net profits of 3.985 billion euros ($5.8 billion) for 2007, up from […]

Bengal is coming with Tara Tiny, a car which could give the Nano a run for its money, literally. And, to top that, it’s a battery-operated green car which will cost just around 50-70 paise for every km. Tara International, an arm of the Bengal Enamel, is coming out with the world’s cheapest car with […]

TVS Motor Company launched its first electric scooter Scooty Teenz Electric, reports Economic Times.
Scooty Teenz Electric will save about 15-20% of customers` money in comparison to a petrol-run scooter. The vehicle generates an average range of 40 km per nine hours of charge. This can increase by 50% if the rider opts for lower speed […]

Chennai-based Igarashi Motors India on Friday said it has signed an agreement with Germany’s Robert Bosch GmbH to form a joint venture to develop, manufacture and sell automotive components.
The JV would start operations in the second half of 2008 to manufacture, develop and sell DC Motors and systems for wiper, HVAC, engine cooling and window […]

Luxury carmaker BMW thursday launched a new variant in 3 series - 320d Highline - priced at Rs 30.70 lakh (ex-showroom Delhi).
The new 3 series sedan would sport additional features like xenon headlights, glass roof and light alloy wheel rims, BMW said in a statement.
The company already sells three variants of the 3 series sedan […]