With Nano rollout uncertain, Tata Motors is exploring ways to keep its dealer fraternity in good humour. Especially those who invested sizeable sums in setting upcompact F1 outlets in city suburbs to showcase Nano.
Tata Motors has just informed these dealers to use their F1 outlets to instead market Indica and Indigo. The company’s dealer strategy […]
German auto component maker Bosch will be supplying its latest gasoline engine technologies and security systems to Nano as it stands
by the Tatas amidst the Singur crisis.
“We are committed to support Tata’s Nano project. Wherever they want us to supply, we will supply our components,” Bosch Ltd Managing Director V K Viswanathan told a group […]
After managing India�s largest passenger car company for 14 years, Jagdish Khattar, former Maruti MD, announced his foray into the organis ed multi-brand car sales and service business with an investment of Rs 1,000 crore over the next five years.
The new company�Carnation Auto India Ltd�is backed by Rs 80-crore investment from Wipro chairman Azim Premji�s […]
Auto component maker Autoline Industries today said its has acquired 49 per cent stake in two Italian firms for an undisclosed amount.
The company has also entered into an agreement with Luxembourg-based Icon Develpoment SA to increase its shareholding in the latter to 60 per cent. More
Courtesy: economictimes.indiatimes.com
Karnataka is offering to make land available for Tata Motors’ Nano small car project within three months of the company making a decisi
on to relocate from Singur in West Bengal to the southern state, a key minister said.
The government has identified three potential sites for a factory to build the Nano, large and medium industries […]
Hyundai Motor India on Tuesday launched a liquefied petroleum gas variant of Santro at Rs 21,500 more than the existing petrol model. The LPG version of the model, known as Santro eco would come with a factory-fitted kit. The ex-showroom (Delhi) price for Santro eco (GL) is Rs 354,294 and Santro eco (GLS) is Rs […]
Ashok Leyland Ltd, India’s second-biggest bus and truck maker, has formed a joint venture with John Deere for construction equipment, it sai d on Tuesday, to tap a growing focus on infrastructure. More
Courtesy: indiacar.net
Mahindra Renault (MRPL), the 51:49 joint venture partnership between Mahindra & Mahindra and Renault, launched the `New Collection Logan`, an all new line-up of the passenger car. The new collection retains the core strengths of the Logan while incorporating an array of exciting new features and greater luxury. The `New Collection Logan` is available for […]
Mahindra & Mahindra (M&M) announced that a meeting of the equity shareholders of the company will be held on Oc. 29, 2008, for the purpose of considering and, if thought fit, approving, with or without modification(s), the arrangement embodied in the scheme of amalgamation of Punjab Tractors with Mahindra and Mahindra and their respective shareholders.
More
Courtesy: […]
Two-wheeler manufacturer Kinetic Motor on Friday said it will invest up to Rs 30 crore in Mahindra Two Wheelers Pvt Ltd to buy 2.95 crore equity shares of the latter.
The company took a decision in this regard during its extraordinary general meeting held today, Kinetic Motor said in a filing to the Bombay Stock Exchange. […]