We’ve been hearing a lot about new Jaguar and Land Rover vehicles in the works but nothing has been officially confirmed by the brand’s owner, Tata… until now. For a while rumors have been flying around that Jaguar is working on a station wagon variant of the XF and a new roadster known has the [...]
In some not so surprising news today, the world’s cheapest car, the Tata Nano, is about to undergo a price jump. Tata said that it is currently contacting customers on the waiting list to tell them that the car will see a 3 percent to 4 percent price jump. The original asking price for the [...]
Besides the new Range Rover Evoque, Land Rover will be adding new models in the near future. According to Tata Motors’ boss Carl-Pete Forster, Land Rover has “tremendous growth potential” and will fill more market sectors that could force it to produce vehicles outside of the UK. He said that Land Rover will start a [...]
Tata Motors Ltd., the Indian company that has aquired Land Rover and Jaguar, is planning to raise as much as 47 billion rupees ($1 billion) the epansions of operations and handling of debt accumulated during the purchase of the luxury brands. According to Bloomberg data, Tata holds debt of 185.3 billion rupees in debt; the [...]
Tata Motors today opened the doors to another plant to build its $2,500 Nano compact car that will increase output to meet rising demand for the car in the south Asian market. The factory in Sanand, western Indian state of Gujrat, will build about 250,000 Tata Nano units annually. The plant may end up producing [...]
Tata Motors announced today that its President of the Passenger Car Business Unit, Rajiv Dube, has resigned from the company “to pursue other interests outside the Tata Group.” “Mr. Dube has played an instrumental role in the growth of the company”s passenger car business, since the formation of the division in 1998,” Tata said in [...]
Jaguar and Land Rover have been coming back in a big way, with 61% growth in April when compared with the same time last year. Tata Motors, owner of the storied British car maker, has said that worldwide unit sales last month were 17,909, with Jaguar accounting for 3,559 units; the same as last year [...]
Geely is planning to make big headlines when it steals the title of the world’s cheapest car from the Tata Nano, which costs $2,500. According to a report by AutoCar the Geely subcompact will based on the Intelligent Geely (IG) concept shown at Beijing and will cost between $1,500 and $2,000. Geely, which recently purchased [...]
Nissan’s upcoming $3,000 Tata Nano rival for the Indian market is expected to increase the company’s profitability as it takes advantage’s of its local partner’s, Bajaj Auto Ltd., low-cost production techniques. Gilles Normand, Nissan’s corporate vice president in charge of Africa, the Middle East and India, said that while in talks with Bajaj, the company [...]
Apple will start selling its iPad outside the United States later this month, however, CEO Steve Jobs has yet to specify a date. Those who are anxious to get their hands on one, or want to capitalize on the uncertainty, are traveling all the way to New York to pick up a bunch of units. [...]
