Archive for March 25th, 2008
Renault has cut its Indian sales targets as growth was not as fast as expected, although a study for a mini car in India was on track, a top official of car maker’s Indian unit.
“We have not grown as fast as we expected. It’s a new brand, it’s a new car, it’s a new network,” […]
Tata Motors has formed a team to look into ways of cutting the cost of its Rs 1 lakh car, Nano.
“We have formed a team. The input costs have gone up,” Tata Motors MD Ravi Kant said.
Tata Motors has formed a team at its plant in Pune. Nano’s ex-factory price is Rs 1 lakh, making […]
World’ second largest car company Toyota Motor Corporation is set to join the elite club of car makers by launching the Lexus brand in India — the highest selling global marquee brand. Lexus will be pitted against luxury brands BMW, Mercedes-Benz, Porsche, Volvo and Audi which are already present in India.
Keeping an eye on the […]
Tata Motors-Fiat JV to invest Rs 2,341 cr in Pune facility
0 Comments Published March 25th, 2008 in Fiat India, Tata Motors.
FIAT India Automobiles (FIAPL), a 50:50 joint venture between Fiat Group Automobiles SpA and Tata Motors, has rolled out plans for expanding production capacity and backward integration at its Ranjangaon facility in Pune district.
FIAPL on Monday signed an MoU with the Maharashtra government for an additional investment of Rs 2,341 crore under the expansion plan.
This […]