The Tata Nano is finally here and to be the first lucky owners of the ultra-cheap Nano, one must win a lottery. Tata Motors said today at the Nano’s launch in India that applications forms for 100,000 rupees ($1,983 USD) will be available in 1,000 cities starting April 9th. Following that, a computer will make [...]
After problems with the main plant location delayed the launch which was originally scheduled for Oct., Tata said today that its much anticipated Tata Nano mini car will be launched on March 23 with sales to begin in the second week of April. Pricing for the Tata Nano is expected to come in around 100,000 [...]
Saab, which pitches it cars as jets on the roads, announced today that it is teaming up with India’s Tata to build a version Gripen fighter jet. The $12 billion dollar deal is a chance for Tata to get in on the biggest fighter jet deal in the world in years. Executive Kjell Moller said that Saab [...]
Tata owned Jaguar and Land Rover announced today that they will be cutting 450 jobs today due to a “severe” reduction in demand for new cars. The cuts include about 300 management level jobs and 150 salaried agency staff. The group said that managers will not be receiving any bonuses in 2009 and management pay [...]
Tata Motors, creators of the Tata Nano and owners of Jaguar and Land Rover, reported a huge sales drop for the month of December due to tight credit and the slowing global economy. Overall Tata sales fell 47 percent to 25,219. Passenger vehicles fell a total of 31 percent while commercial vehicles dropped 51 percent. [...]
“¢ AJ-V6D Gen III S 3.0L twin-turbo diesel with 275-hp and 443 lb-ft torque. “¢ 0 to 60 mph in 5.9 seconds; top speed of 155 mph. “¢ Estimated fuel-economy of 42mpg (35 mpg U.S.). Prior to the launch of the Jaguar XF-R which is scheduled for the 2009 Detroit Motor Show next month, Jaguar [...]
Jaguar and Land Rover will be getting their own form of bailout. According to the Financial Times, Tata Motors will inject “tens of millions” of pounds into Jaguar Land Rover to prevent an immediate cash flow crisis. “The company is spending whatever is required to the best of its abilities,” Tata Motors spokesman Debasis Ray [...]
It’s been previously reported that Tata Motors is in talks with Chrysler to sell Jeep Wrangler SUVs in India. At the recent Bologna Motor Show, Mahindra & Mahindra, a Tata Motors rival, sent out a message to Chrysler CEO Bob Nardelli and Tata Motors CEO Ratan Tata that basically screams “Forget you guys – we can do [...]
Detaching itself from Ford and introducing cars like the Jaguar XF, the British automaker has found new life and is looking to introduce some interesting models that could set aside the elegant and luxury image for the pussycat on the hood. New owner Tata Motors is considering adding three new vehicles to the Jaguar lineup [...]
It seems like Chrysler isn’t only in bed with GM. Sources say that Cerberus officials are also talking to the Renault-Nissan alliance along with Fiat and India’s Tata Motors. Chrysler and GM made headlines this past weekend about a possible merger. Chrysler LLC CEO Bob Nardelli recently sent out a letter to employees saying: “I [...]
