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Shares of Jaguar-Land Rover’s parent company, Tata Motors, rose to their highest level in almost 19 years after the company posted first quarter profits on strong demand for luxury SUVs and sedans. Tata made 19.9 […]
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Ratan Tata planning to retire in 2012 – successor wanted
Tata Sons Ltd have announced that they will actively be looking for a successor to the throne of company chairman Ratan Tata. Ratan, 72, has once said that he wouldn’t want to go out of […]
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Maruti Suzuki RIII MPV due next year, exports planned
Remember the Maruti Suzuki RIII MPV Concept from the Delhi show earlier this year? Reports are out to say that the production version of that concept will be launched as early as Q1 2011 as […]
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Hyundai faces persistent labour strikes in India, plans to shift part of i20 production to Turkey
First it was Honda in China, now it’s Hyundai in India. The Korean carmaker, No.2 in India after Maruti Suzuki, is the latest to be hit by worker strikes. According to a Hyundai press statement, […]
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Tata opens dedicated plant to cope with Nano demand
In a move that will help clear backlog, Tata Motors has opened a new plant that will build the “world’s cheapest car” in the western Indian state of Gujerat. The Sanand factory will initially produce […]
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Proton boardroom changes, prepares to enter India
Proton saw a list of Bursa Malaysia announcements last week pertaining the boardroom and audit committee. Two members have resigned – Non-Executive Director Haji Abdul Kadir Bin Md Kassim and Non-Executive Director Oh Kim Sun. […]
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Mahindra and Renault compete to buy stake in bankrupt Ssangyong
Indian conglomerate Mahindra & Mahindra have announced their interest in taking over the now bankrupt Korean car maker Ssangyong. But that’s not all, they are facing competition from their Indian market partners Renault in the […]
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Mahindra aims to electrify India with purchase of REVA
Mahindra & Mahindra Ltd has announced the purchase of a majority stake in Bangalore based REVA Electric Car Co. Ltd. Mahindra now owns 55.2% stake in REVA, which will now be known as Mahindra REVA […]
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Future Indian Logan to use Mahindra badge
We recently posted that Renault and Mahindra & Mahindra’s rocky relationship in India has avoided divorce, and that the unsuccessful Logan will be given a second chance. That basic car, although well received in other […]
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Renault and Mahindra mend ties, Logan gets second chance
The Dacia Logan was one of the earliest low cost cars designed specifically for developing markets such as Eastern Europe. Renault, who owns Romanian Dacia, found success with the Logan and even started sales in […]
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Tata appoints ex-GM Europe boss as Group CEO
Tata Motors has appointed Carl-Peter Forster as the Group CEO of the company. He will have the overall responsibility of managing Tata Motors Operations globally, including Jaguar and Land Rover brands. Forster, 55, has 24 […]
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Renault to establish new Indian distribution alone
Renault Fluence – a sedan version of the Megane New entries in the price sensitive and Suzuki-dominated Indian market more often meet failure than success but it doesn’t mean if you fail once you must […]
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Suzuki Swift with 1.2-litre engine launched in India
Maruti Suzuki has launched a new Swift variant with a 1.2-litre petrol engine which complies to the stricter Bharat Stage IV standard. BS-IV, which is India’s equivalent to Euro 4, will come into force this […]
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Tata Nano to get world’s smallest common-rail diesel engine designed by Bosch
Automotive component giant Bosch is banking on India’s booming auto market. The German company will invest Rs 2000 crore ($430 million) in India from now till 2012 and hopes to manufacture two million common-rail units […]
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OUTRAGEOUS: The $220,000 Tata Nano!
A Tata Nano that’s more expensive than a Lamborghini Gallardo? As outrageous as that might sound, Mumbai based D.C. Design’s version of the world’s cheapest car is set to cost $220,000 or 10 million rupees, […]