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Tata invested Rs.1700 Crore to manufacture Nano |
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In an exclusive interview with CNBC-TV18, Mr.Ravi Kant, Executive Director, Tata Motors said that they have invested Rs.1700 Crore to manufacture the Nano. According to Mr.Kant, for the next two or three years, the company’s focu more... |
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May 09, 2008
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BMW wins fourth consecutive 'International Engine of the Year' award
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London, 09 May 2008: BMW has once again put on a dominant display at the International Engine of the Year Awards, securing no less than six category wins, including the prestigious overall title of ‘International Engine of the Ye
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May 09, 2008
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Nissan to outsource sales network setup in India
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Tokyo, 09 May 2008: Japan's Nissan Motor Co said that it had appointed Hover Automotive India Private to develop its sales network in India, with the aim of establishing 55 dealers by 2012 to sell more than 100,000 vehicles that
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May 09, 2008
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US slowdown puts brakes on Toyota
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Tokyo, 09 May 2008: Japanese carmaker Toyota has posted a 28% fall in profit for the first three months of 2008, and predicted its first annual profit fall in seven years. It blamed falling demand i
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May 08, 2008
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Indian automobile industry bounces back, sales up 9.83%
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New Delhi, 08 May 2008: The automobile industry has got its momentum back with April's overall vehicle sales rising by 9.83%, thanks to reduced excise duty in the 2008-09 Budget.
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May 08, 2008
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Fiat sets up central sourcing centre in India
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Mumbai, 08 May 2008: Fiat is setting up a group purchasing office in India, the Italian car maker said on Thursday. The move is a part of its strategy to cut costs by buying more components from low-cost centres such as India and
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