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Ratan Tata may be interested in buying a stake in Fiat’s luxury sports car unit Ferrari.
Tata, who is leading in the auto market, was quoted by an Italian publication that he is interested in buying a stake in Ferrari.
On March 8th 2008 in Auto India News, Tata Motors
The Jaguar F-Type Sport car, which showcased at the North American International Auto Show in 2000, publishes to have secured the backing of Tata Group, whose company will take the ownership of the Jaguar and Land Rover within next 2 weeks.
On March 7th 2008 in Auto India News, Tata Motors
Tata Motors, the country’s largest automobile manufacturer has commences the sales of its latest passenger vehicle, the Sumo Grande, in the market. They launched it at Auto Expo in January this year. The Sumo Grande will be commercially available from 22nd Feb, 2008, in selected cities.
The Sumo Grande is the comfortable, family car which looks like a SUV. The design of new Sumo Grande satisfies all the needs of the city customers. It has good fuel-efficiency, maneuverability.
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On February 21st 2008 in Auto India News, Tata Motors
Tata Motors countries largest industry launched it’s Light Specialist Vehicle (LSV) at the Defence Expo – 2008, in New Delhi.
On February 18th 2008 in Auto India News, Tata Motors
Tata Motors signed a deal with Moteur Development International (MDI), to manufacture the vehicle which powered with compressed air. This project will come within the year.
Government of Thai is also planning to work out with the Tata Motors to produce the best cars in the Thailand.
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On February 14th 2008 in Auto India News, Tata Motors
Tata Motors plans to sell their ultra-cheap and recently launched Tata Nano car in the European market in 4 years period, the source said.
On February 12th 2008 in Auto India News, Tata Motors
The battle of small car is heating up more and more. After Tata announced its small car “Nano”, Bajaj has announced its small car as well. Then Hyundai show interesting launching small car as well. Not its the turn of Maruti Suzuki to launch the small car.
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On February 5th 2008 in Auto India News, Bajaj, Hyundai, Maruti Suzuki, Tata Motors
India’s Tata Motors Ltd on Thursday reported a 2.75% fall in the third quarterly net profit. The net profit has slipped 2.75% to Rs 499.05 crore this year compare to the last year.
The total increment in its income for the quarter ended 31st December, 2007 from Rs 6,910.07 crore is Rs 6.27%, which is Rs 7,343.64 crore in the same last year.
Combined results showed a net profit of Rs 654.79 crore for the quarter ended 31st December, 2007 as compare to the same last year.
On February 1st 2008 in Auto Finance, Tata Motors
Ford and Tata Motors Co are nearing an agreement for Tatas to purchase the European brands Jaguar and Land Rover, said a person briefed on the negotiations.
According to that person, the agreement will be announced in 1st week of February, but may be late as the Geneva Motor Show in March.
Ford Chief Financial Officer Don Leclair said in Telephone interview,” Our plan right now is to sell the business in its entirety.”
Ford and Tatas are negotiating the deal for Ford to providing the engines and other needed technology to J&LR, a person said.
Ford spokesman John Gardiner didn’t comment on sale or negotiation. He said,”We are not giving any details of our discussions.”
On February 1st 2008 in Auto India News, Ford, Tata Motors
Chrysler has signed a deal with Tata Motors to produce electric vehicles in the US, started in late 2008 or early 2009.
In deal, Tata will provide its electric version of compact Ace pickup to Chrysler’s GEM (Global Electric Motors) unit. The product referred to as “neighborhood electric vehicle” having the battery powered Ace would not be street legal in the US, report suggested.
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On January 31st 2008 in Auto India News, Tata Motors