Archive for August 28th, 2008

Murugappa group to launch five electric bikes in Oct

Thursday, August 28th, 2008

The Rs 9,600-crore diversified Murugappa Group is gearing up to roll out about five electric bikes in October and is firming up dealerships in south India.
The company plans to follow the launch of the bikes with higher capacity ones, Mr K.B. Srinivasan, General Manager, BSA Motors, part of the Murugappa Group, said. More
Courtesy: […]

Chrysler weighs strategic options for Dodge Viper

Thursday, August 28th, 2008

Chrysler LLC is exploring strategic options for its Dodge Viper sports car business as the struggling US automaker tries to raise cash to ride out a deepening US auto downturn.
“We have been approached by third parties who are interested in exploring future possibilities for Viper,” Chief Executive Bob Nardelli said on Wednesday in a memo […]

Aston Martin planning world’s most expensive car

Thursday, August 28th, 2008

Aston Martin has released scant details and sketches of its new super car codenamed One-77 that will sell for at least 1.3 million euros excluding tax ($1.95 million), making it the most expensive car on the market. More
Courtesy: economictimes.indiatimes.com

Trinamool protests hamper work at Tata’s Nano plant

Thursday, August 28th, 2008

Tata Motors’ factory to manufacture the world’s cheapest car, Nano, here continued to remain under siege for the fourth day today, as the opposition Trinamool Congress announced stepping up protests seeking return of farm land from the industrial house. More
Courtesy: indiacar.net

GM to launch new small car in India in 2009

Thursday, August 28th, 2008

General Motors Corp plans to launch a new small car in India in the second half of 2009, but has no plans to take on Tata Motor’s low-cost Nano, its India head said on Thursday. More
Courtesy: economictimes.indiatimes.com