Archive for August 1st, 2008

Renault: not in talks with Bajaj on India project

Friday, August 1st, 2008

Renault said it has not held talks with India’s Bajaj Auto to partner on a $1 billion manufacturing alliance with Nissan Motor Co to make cars and powertrains in a new plant near Chennai.
A report on Thursday had said Renault and Nissan, which are also developing a $2,500 car with Bajaj, were in talks to […]

Toyota to tap Daihatsu on small cars in India

Friday, August 1st, 2008

Toyota Motor Corp, which plans to roll out a small car in India from 2010, may tap affiliate mini-vehicle maker Daihatsu Motor to help reach its target of 10 per cent of the Indian market, a newspaper reported on Friday.
Toyota, which now makes the Corolla and the Innova multi-utility in a plant near Bangalore, on […]

Chrysler looks at possible JV with Tatas

Friday, August 1st, 2008

Automobile major Chrysler LLC is looking for ways to cut costs and also line up partnerships with foreign auto makers including India’s Tata Motors to shore up its finances, a media report today said.
The Wall Street Journal quoting people familiar with the matter said, “Chrysler LLC is scrambling to slash costs and line up partnerships […]

Maruti Suzuki July sales flat

Friday, August 1st, 2008

Car market leader Maruti Suzuki India’s July sales remained almost flat at 58,543 units as against 57,909 units in the same month last year.
The company said domestic sales stood at 52,911 units as against 52,839 units in the same month a year-ago, up 0.1 per cent. More
Courtesy: economictimes.indiatimes.com

BMW joins hands with ORIX to lease out cars

Friday, August 1st, 2008

Luxury carmaker BMW India on Thursday said it has tied up with ORIX Auto Infrastructure Services for leasing its cars in the country.
“BMW India signed a cooperation agreement with ORIX Auto Infrastructure Services Limited (OAIS) for leasing services of BMW Cars in India,” the company said in a statement. More
Courtesy: indiacar.net