Tata’s Nano city car is being investigated for a series of fires in India related to the car. A Tate spokesman said that the company was “conducting a probe” into the matter. The Nano, which costs about $2,500, is billed as the world’s cheapest car. Initial reports of fires were said to be unrelated incidents,… Continue Reading...
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Nearly 13 years ago today, Britain handed over sovereignty of Hong Kong to the Chinese government, ending a 99-year lease on the territory, and signaling the end of a British presence in China. Now, reports from various news agencies say that India’s Tata Motors is looking at building Jaguar and Land Rover assembly plants in China. Like… Continue Reading...
With Tata just having announced a return to profitability based on increased demand of its Jaguar Land Rover models, the company is now laying out an ambitious plan for the future. Included in that plan is the production of the Jaguar F-Type – a more driver focused model that will likely compete more readily with the… Continue Reading...
India’s Tata Motors is back in the black after rising demand for the Land Rover and Jaguar cars, as well demand in India for Tata products. The Tata group posted an overall profit of $543 million, compared to last year’s loss of $535 million. Tata was able to beat analyst expectations of a $321 million… Continue Reading...
What’s smaller than Micra? Nissan is about to answer that question with news that the Japanese automaker will build a vehicle to slot in underneath its new Micra sub-compact (above) and rival Indian automaker Tata’s Nano. Even more surprising than building the car is the revelation that Nissan believes it can actually make money doing… Continue Reading...
Despite competition from Tata, known for building the world’s cheapest car, Suzuki has no plans to compete head-to-head with the Indian automaker. Currently Suzuki has a stranglehold on emerging markets like India, but Tata is looking to take a chunk of that with the Nano, which undercuts the already inexpensive Suzuki models. Slamming the Indian-made… Continue Reading...
Tata unveiled a new electric version of its Nano at the Geneva Auto Show. The Nano EV joins the Indica Vista EV in Tata’s electric line-up. The Nano EV will use the same super polymer lithium-ion battery as the Indica Vista EV. The electric version of the world’s least expensive automobile has a range of… Continue Reading...
The first details on Indian automaker Tata’s Nana Europa model have been announced, giving us a closer idea of what the car might be like when it arrives in the U.S. in 2012. Famous for being the world’s cheapest car, the Nano sells for $2,000 in India, but the European model will cost far more… Continue Reading...
Jaguar Land Rover owner Tata Motorsw says it will close either a Jaguar or Land Rover factory in England by 2014. The decision as to which of the company’s three U.K. plants will be shuddered has not yet been made, but Tata has said which two are on the chopping block. The first candidate is… Continue Reading...
Jaguar Land Rover’s (JLR) new Indian owner Tata Motors continues to invest in and makes plans for its newly acquired luxury division despite what has so far been a very poor return on investment. JLR posted a $1.11 billion loss last year but that won’t stop Tata from making big changes, the first of which… Continue Reading...
The acquisition of Jaguar Land Rover (JLR) by Tata Motors Ltd. from Ford continues to hurt the Indian automaker as the two British brands recorded a combined net loss of $1.11 billion in 2008. As a sign of the troubled economic times, in 2007 the two automakers managed a total net profit of roughly one… Continue Reading...
Tata Motors has posted its first annual loss in eight years due to a significant drop in demand for vehicles from its newly acquired Jaguar Land Rover (JLR) unit. The Indian automaker, also known for manufacturing the world’s cheapest car (the Nano), posted a net loss of $520 million for its 2009 fiscal year, with… Continue Reading...
Indian automaker Tata has confirmed that it will bring the Nano to the U.S. in the next three years. The Nano, launched officially several months ago in India, holds the title of being the world’s cheapest car with base models priced at just $2,000. David Good, a U.S. representative for the Indian automaker, which also… Continue Reading...
Well, here’s an exciting follow-up to yesterday’s story about the launch of the new Tata Nano in India; Tata is looking to bring the $2,000 Nano to the U.S. According to a report in the Financial Times, Tata boss Ratan Tata is hoping to take advantage of the worldwide recession by bringing affordable (and we… Continue Reading...
Yesterday in Mumbai, India Tata Motors officially launched its revolutionary Nano micro-car. Powered by a 624cc 2-cylinder engine that makes just 35hp, the Nano will be offered in three trims levels with a starting price of just $2,000. The Nano comes with a 4-speed gearbox with full power available at 5250 rpm and full torque… Continue Reading...
After General Motors made it clear in its viability report submitted to the U.S. Treasury that the future of Saturn was uncertain at best, it appears as though Saturn’s network of dealers has its own plan. Dan Januska, owner of Saturn of Scottsdale, told the Wall Street Journal that the dealers have been in talks… Continue Reading...
In this volatile economic environment, no auto manufacturer is safe from hard times, including Jaguar and Land Rover. According to an Automotive News/Reuters report, the two historic British car companies are facing a “cash crisis.” Parent company Tata Motors, the Indian auto manufacturer that recently purchased the luxury brands from Ford for $2.3 Billion, recently… Continue Reading...