Archive for August 22nd, 2008

Tata to produce electric version of Nano

Friday, August 22nd, 2008

According to a German press report, Tata Motors, which is planning to produce the world`s cheapest car selling at EUR 1,700, also has plans to produce an electric-drive version, reports Economic Times.
The E-Nano would be built in cooperation with the Norwegian electric car specialist firm Miljoebil Grenland. The Tata Nano is a small car aimed […]

GM announces $500 million investment for small car

Friday, August 22nd, 2008

General Motors Corp said on Thursday it will invest more than $500 million in the US to build a new compact car that will compete in an era of high gasoline prices.
Company Chairman and CEO Rick Wagoner announced the size of the investment Thursday at the Lordstown factory near Cleveland. The sprawling complex now makes […]

GM readying Hummer sales prospectus, sees interest

Friday, August 22nd, 2008

General Motors Corp is readying sales documents for its Hummer brand and has initial expressions of interest from potential buyers that it hopes to develop into formal sale talks, the automaker’s CEO said on Thursday. More
Courtesy: economictimes.indiatimes.com

Hero Electric to launch e-car in five years

Friday, August 22nd, 2008

Two-wheeler maker Hero Electric is planning to introduce an electric passenger car in the India by 2013, besides introducing battery driven three-wheeler.
The company has also firmed up plans to expand its product portfolio in e-bikes by launching two more products in the high-speed category during the current financial year and also venturing into solar energy […]

Harita to tieup wih Fehrer

Friday, August 22nd, 2008

City-based Harita Seating Systems Limited, an automotive seating solutions supplier has signed a letter of intent for a Joint Venture in the country with F S Fehrer Automotive, the international specialist for vehicle interior components with headquarters in Germany. More
Courtesy: economictimes.indiatimes.com