Indian Car Companies

Ratan Tata might have been a proud person and so do the Tata Motors (of course they have to be) for creating Nano, not only for its price but also for its functionality. But not less than a year of launch of Nano we are seeing too many competitors for it. As the segment is hotting up more and more players are keen tap the low cost car market in its infancy itself. In earlier post, I has mentioned about the Ajanta small car for Rs 85,000 and Tata Tiny expected to be priced at Rs 1 lakh. Now a... Read Full Story

On September 29, 2009, The Economist magazine named Ratan Tata, the chairman of Tata Motors, the winner of this year’s “Business Process Innovation Award” for successfully developing the world’s cheapest vehicle — the Nano car. In the explanation, The Economist said that Tata “changed the way Indian companies conduct business” and applauded the company for creating a safe and affordable vehicle for families in emerging markets. “Innovative ideas are everywhere,” said Mark Langley... Read Full Story

The seven-seater Suzuki APV is likely to be launched in India by March 2010 ... Maruti Suzuki , which stopped production of its multi-purpose van – Versa – some time ago, is looking at launching a new vehicle in that segment by March 2010. With vehicles like the Toyota Innova, Mahindra Xylo and Chevrolet Tavera already doing brisk business, the van/MPV segment isn’t one that Maruti can afford to ignore for too long. The vehicle which we think will replace the Versa, in India, is likely to be... Read Full Story

Anand Mahindra, ViceChairman and Managing Director, Mahindra Mahindra, says the worst is over for Indian autos as far as the downturn seen last year is concerned. Read Full Story

India news Raji 34 minutes ago ( http://timesofindia.indiatimes.com ) View profile Category : Business/Stocks As it gears up for increased competition, Maruti Suzuki is set to boost production capacity at its Manesar factory with an investment over Rs 2000 crore. Tell a friend   Bury... Read Full Story

Tata Motors, India's largest commercial vehicles maker, is looking at buying private equity firm Actis' stake in truck and bus maker Swaraj Mazda, the Economic Times reported on Tuesday. Read Full Story

Very little is known about Ratan Tata, the man. of course, his corporate achievements have been chronicled widely, especially after the Corus, Jaguar – Land Rover acquisitions and of course, the nano project, the people’s car, that made Ratan Tata a household name, mostly because he promised a car that even a middle-class Indian could afford. But this corporate head honcho’s private life remained just that, very private. Tiwari starts with an overall view of the Tata family history right... Read Full Story

India's top vehicle maker Tata Motors said Monday it more than doubled profits in its domestic market in the third quarter of the year, boosted by sales of its Nano vehicle and foreign brands. Net profit in the three months to September reached 7.29 billion rupees (156 million dollars) from 3.47 billion rupees a year earlier on increased sales and cost-savings, the company said in a statement. The profit figure far exceeded the average of 4.0 billion rupees forecast by 10 analysts polled by... Read Full Story

One of the largest auto manufacture company, Maruti Suzuki, is planning to roll out a new Hybrid Maruti Swift soon in India, after the Honda Civic and Toyota Prius even to be launched in the hybrid segment. This Hybrid model was displayed in the Tokyo Auto Show, 2009. Read Full Story

      Two passengers were killed and over 47 others injured when eight bogies of the Tata-Bilaspur passenger train derailed after Maoists blew up railway tracks on Thursday night in Jharkhand's West Singhbhum district. Railway minister Mamata Banerjee said that the train comprised 10 coaches of which five derailed and three toppled over as also the engine. She said two bodies were found in a overturned bogie, while 47 passengers were injured. Six passengers were trapped in another... Read Full Story