Tata Nano News

'Don't assume the 21st century belongs to India by default' 'Don't assume the 21st century belongs to India by default' 'Don't assume the 21st century belongs to India by default' 'Don't assume the 21st century belongs to India by default' 'Don't assume the 21st century belongs to India by default' 'Don't assume the 21st century belongs to India by ...

New Delhi, Nov 12 : Welcoming the recent announcement of French carmaker Renault to launch an ultra low-cost car in association with Bajaj Auto, Tata Motors today said it is ready for the competition in this segment.

A business tycoon in a people's car! MRF Chairman and Managing Director Vinoo Mammen can't resist driving around in a Nano despite his fleet of high-end luxury vehicles Photo: R. Ragu For purely city travel in a car, it probably does not get better than Nano with its micro size and fuel efficiency.

The top executive of Renault and Nissan said Tuesday that his companies would begin selling a small car in India in 2012 that would cost less than any other car sold in the country - and thus the world.

New Delhi: Bullish on the India growth story, Renault chairman and CEO Carlos Ghosn on Sunday said despite differences with the Indian JV partner, Bajaj Auto, the company is all set to introduce its ultra low-cost car, initially priced $2,500 , in the domestic market by 2011.

Nearly 60 vendors will move to the vendor park at Tata Nano's Sanand plant by March next year.

Auto companies in the country like Maruti, General Motors, Volkswagen, Honda, Mahindra and Bajaj have increased their online spends significantly.

Thousands of workers facing job losses at Tata-owned Jaguar and Land Rover factories.

Seven months after the launch of Nano, Tata Motors is toying with the idea of letting local garage assemblers put together the world's cheapest car and also sell it under a brand of their own.

Sweden: Appliance maker Electrolux reported better-than-expected quarterly results but also announced the planned closure of two US factories, sparking a jump in the company share price.

With the global economic meltdown, low-cost cars are in demand. In this scenario, small and fuel efficient cars are the one which is getting more popular around the world.

Nearly two years after the launch of Tata Motors' $2,500 Nano in India, there are still no signs of serious competition It has been almost two years since Tata Motors unveiled a prototype of its $2,500 Nano at the January 2008 New Delhi Auto Expo.

It has become a vexing, billion-dollar question for the world's automakers: How do you build small, cheap cars profitably? More people across the world are buying small cars, and as demand in the U.S. and Western Europe withers, carmakers are vying for consumers on the narrow, hot and crowded streets of India, China and South Africa.

Tata Motors Ltd. , which owns Jaguar and Land Rover, beat forecasts as its profits more than doubled on improved margins due to cost reductions and a recovery in demand.

A 'Ritz' model car stands on a display during its launch in New Delhi in May. MUMBAI: Higher passenger car sales in the quarter ended September is likely to boost Maruti Suzuki India earnings, while Tata Motors will benefit from a recovery in truck sales, say analysts.

A quite fascinating article in the Wall Street Journal based on the premise that while much of our history of development and innovation has been to cater to the best off and then let cheaper versions of said innovations cast down to the poorer; the potential exists for the opposite to happen.

Glamorous women, wearing the latest fashions from Paris and Milan, still pose provocatively next to gleaming cars as waiters pass by with caviar and pricey Champagne.

The new Indigo Manza unveiled in Mumbai on Wednesday. Mumbai, Oct. 14 : Tata Motors has increased the production of the Nano by 20 per cent from this month at its Pantnagar facility.

Buy Ford because it's cheap and has staved off bankruptcy. Look for companies that have found niches overseas as well.

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