Auto India, Car India

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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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Tata Motors countries largest industry launched it’s Light Specialist Vehicle (LSV) at the Defence Expo – 2008, in New Delhi.

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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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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.

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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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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.

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.”

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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Tatas has cancelled the decision of having multiple Nano assembling units. Tatas spokesperson said: “As of now, the decision is to produce the Nano only at Singur.”

He further added, “Initially, we will make 2.5 lakh Nanos yearly.” Out of 55 ancillary units, around 20 component manufacturing units have already started operations in Singur.
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Tata Motors is planning to launch the electric version of its “Ace” mini-truck in US in collaboration with GEM (Global Electric Motorcars) which is electric vehicles unit of Chrysler. Hindu Businessline reported that the contract for the same is already signed up.

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