Mahindra Hopes to Close Aston Martin Deal
Indian automaker Mahindra and Mahindra is hoping to close a deal on Aston Martin by the end of this week, having topped a previous offer from Italian private equity firm InvestIndustrial.
Indian automaker Mahindra and Mahindra is hoping to close a deal on Aston Martin by the end of this week, having topped a previous offer from Italian private equity firm InvestIndustrial.
The Tata Nano is one of the cheapest cars on sale today worldwide, and according to Tata CEO Ratan Tata, it will be on sale in the U.S. in three years time.
After a failed U.S. launch that resulted in lawsuits and lost dollars, Indian aautomaker Mahindra & Mahindra is setting up a technical center in the Detroit suburb of Troy, once again with hopes of bringing the brand to the States.
Following a lawsuit filed on June 4, Indian automaker Mahindra is refuting the allegations that it $9.5 million cash and an additional $100 million in trade secrets.
At one point, Japan was among the world’s leading auto markets but the country has yet to regain its stride after last year’s devastating earthquake and tsunami. Japanese auto sales dropped to half the peak rate and a recovery has yet to take hold. Global information company IHS Automotive conducted a study that shows sales in India…
The relationship between Indian automaker Mahindra and Mahindra and Global Vehicles USA is finally severed, thanks to an arbitrator, but the six-year tale that lead to this divorce takes a little more telling than that. When Mahindra decided to market a light truck in the U.S., it turned to company Global Vehicles USA. That was…
The electric motors not only help deliver 369 lb-ft of torque, they also help the Megapixel achieve a very tight turning radius (nine feet), a valuable asset for a city car aimed at buyers in large urban centers.
With the luxury car and mid-size car market growing rapidly, it makes sense that the BMW group has introduced its MINI brand to India. MINI has brought four models with them for their Indian debut: the MINI Cooper, the MINI Cooper S, the MINI Cooper Convertible and the Clubman. Kay Segler, senior vice-president of MINI brand…
As we anticipated, DC Design has unveiled India’s first supercar at the 2012 Delhi Auto Expo. Dubbed Avanti after Studebaker Avanti in the Tintin comics, the supercar may be affordable but doesn’t exactly meet what we’d consider supercar standards. It may at the very least look the part of being an exotic supercar, but the…
Maruti Suzuki, India’s largest auto company, is set to unveil the new XAα concept car at the 2012 New Delhi Auto Expo. While earlier reports suggested that the new concept will eventually replace Maruti Suzuki’s highly successful Jimny SUV, Maruti Suzuki managing director and CEO Shinzo Nakanishi explained that, “the Concept XAα is designed for…
DC Design is scheduled to unveil India’s first supercar at the upcoming 2012 Delhi Auto Expo that’s just around the corner. This is the same firm that was responsible for the Rolls-Royce inspired Phantom DC Concept coupe back in 2006. The supercar will be a limited edition, low volume vehicle assembled at DC Design’s facility…
The Tata Nano was supposed to be a cheap, simple car built for the people, but so far it has caused nothing but problems for the Indian automaker. First it was an electrical issue that caused the Nano to catch fire which was the catalyst for a recall of 70,000 Nano’s. Now a faulty starter…
Suzuki is working closely with Fiat to increase their supply of diesel-powered cars in India. The two have been working together since 2003 when Suzuki started offering a Fiat-sourced 2.0-liter diesel in their Sedici/SX4 duo. That partnership flew in the face of another deal between Suzuki and Volkswagen that has since imploded. Recently rising gas…
The world’s least expensive car, the Tata Nano’s original purpose in design was to be a modern Ford Model-T, mobilizing millions of families in India. Despite the Nano’s noble intentions, only 1,200 examples were sold in the month of September when initial projections expected a rather optimistic 20,000 vehicles per month. A new approach may…
Tata Sons has named Cyrus Mistry as its next CEO, as current CEO Ratan Tata prepares to retire. The unmarried, childless Tata named Mistry as CEO of the holding company responsible for Tata’s numerous divisions, among them their automotive sector which owns Jaguar and Land Rover, along with the namesake Tata Motors brand. “The appointment…
The world’s cheapest vehicle has just gotten a whole lot (little bit?) better, with Tata announcing a batch of upgrades for their economical Nano. The 624-cc engine now makes a ferocious 37.5-hp, giving it a max speed of 65-mph. In addition to the performance increase, the Nano also got its suspension reworked which included a…
A report by Roland Berger Strategy Consultants claims that by 2015, Brazil will be the world’s third largest auto market, with China and the United States occupying the first and second slots respectively. Brazil will displace Japan as the third largest market, as sales are expected to double to 6.6 million vehicles by 2020. The…
Suzuki may be an also ran in America, but in India, their Maruti Suzuki partnership can boast the title of “best-selling car” with their Alto subcompact. With a population of 1 billion people, the Indian market is a significant one, and the Japanese auto maker is facing competition not just from home grown efforts like…
Look for the little green car in this video. No, not that one. See it? It’s just another day in Bangladesh (according to the comments), one of the many South Asian countries with more notorious drivers than the last 6 Nicholas Cage movies. After the bus knocks over the other one, the little green car…
Today, a report was released regarding the possibility of Tata motors entering a joint engine-development program with Jaguar Land Rover. Tata is currently India’s leading automaker by sales, and presently obtains engines from Jaguar and Land Rover models from the brand’s previous owner, Ford Motor Co. Tata feels that the joint engine-development program would allow…
As part of the celebrations for the World Environment Day, Chevrolet showcased an electric version of their Beat sub-compact car in India. The Beat BEV (Battery Electric Vehicle) is powered by 300 lithium-ion battery cells, which will take eight-hours to charge from a standard 240V house outlet. On a full charge, the Beat BEV can…
India sure knows how to do small (and cute) right. So you wouldn’t normally describe a truck as “cute,” but in the case of Tata’s Magic Iris and Ace Zip, we think you’ll agree that it’s okay this one time. Green and inexpensive, these mini trucks are designed for “deep penetration goods movement.” Made from…
Both facilities have been conceived so that Jaguar Land Rover can replace, as quickly as possible the four-cylinder gasoline and turbo diesel engines it currently sources from Ford Motor Company, which have proven to be relatively expensive.
Parent company Tata is serious about their British crowns. Over the next 5 years, they will inject 8.2 billion dollars into making sure that Jaguar and Land Rover are not only afloat, but good enough to beat the Germans. A sizeable chunk of that money will go towards new equipment for the brands’ three manufacturing…